oboloo Glossary

Finance Operations

oboloo Glossary

Finance Operations

Finance Operations is the broad term for the entire set of activities related to financial data and financial transactions in an organization. It refers to all the processes that support cash flow, purchase and sale of assets, debt management, accounting and budget control, as well as collections, payments, banking and investments. In general, finance operations are the nuts and bolts of running a business and managing its money. They include everything from tracking income and expenses to making sure tax returns are filed accurately, on time. They ensure that bills are paid promptly and that revenues are collected efficiently. Above all, finance operations are responsible for the financial health of your business.