Finance and performance management

Performance & financial management covers the management, process, and behavioral aspects of strategy execution, and managing and monitoring performance. This is important to professional accountants, both as employees or advisers, since many of them are focused on helping their organizations deliver on objectives, goals and targets, and strategies using a range of approaches, tools, and techniques.

Performance & financial management involves the deployment of various tools, techniques, and systems to help an organization implement its strategies and plans, and support the achievement of organizational objectives. Successfully executing strategy involves various disciplines, areas of capability, including planning and forecasting, funding and resource allocation, revenue and cost management, managing performance against objectives, and improving operational management and utilization of assets.

Performance & financial management also covers the management of an organization’s finances, such as cash flow and working capital management, and forecasting and budgeting, as well as ensuring resources are allocated to the most important projects and investments by using analytical approaches to project and investment appraisal.

performance & financial management

Effective performance & financial management requires: engaging people to determine their information needs; implementing processes and systems to collect the right data; turning the data into information and insights; and presenting it in the best way.

Technological advances in data collection and storage present opportunities for enhancing performance & financial management. There improvements have also introduced new terms, such as business intelligence, big data, and predictive analytics, to represent the importance of evidence-based decision making that helps organizations succeed. The emergence of cloud computing is enabling organizations, especially small- and medium-sized entities (SMEs), to gain access to and capitalize from performance & financial management applications.

We provide customized solutions to all of our clients, and we are extremely results-oriented professionals. We will work with you throughout the entire decision-making process and guarantee success. Contact us to find out how we can help you today.

 

 

how can we help you?

Contact us on (03)8764 6281 or submit your inquiry online.

The first time I met Jamid, I knew that he was a specialist doing our business plan. We had our initial meeting discussing the basics and made a sketch with our vision of how our company will look like. After few drafts we were presented with a business plan and powerpoint slides which helped us in pitching our business to potential clients. Overall JDBCG helped us put on paper what was in our mind.

George & Stefan
Founder & CEO, Virtus Art

Why is performance & financial
management important?