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Finance Control

oboloo Glossary

Finance Control

Finance Control is the process of setting and managing parameters around an organization’s financial decisions and activities. It encompasses a variety of activities including budgeting, accounting, auditing, and reporting to ensure that funds are managed effectively and efficiently. Finance control helps organizations maximize their resources, minimize risk, and control costs—all of which can contribute to greater profitability. By having a strong financial control system in place, organizations can achieve their goals and stay competitive in the ever-changing business environment.

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