oboloo

oboloo Glossary

Financial Management Goals And Objectives

oboloo Glossary

Financial Management Goals And Objectives

Financial management goals and objectives are the long-term and short-term plans employers have for managing their finances in order to maximize profits.

These plans include making decisions about funding operations, investing, budgeting, controlling expenses, planning taxes, monitoring and evaluating performance, and creating long-term strategies. They should also cover areas like risk management, liquidity management, capital structure analysis, and forecasting.

Having a strategy in place is essential for any organization as it allows them to effectively manage their financial resources and make informed decisions that will ultimately benefit the bottom line. By establishing financial management goals and objectives, businesses can align their financial activities with their overall corporate vision and create sustainable success.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971