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Finance Business Partner
Finance business partners are financial or accounting professionals who work with a business to manage important aspects of its finances. With their help, companies can better track their financial performance and create accurate forecasts of the company's performance. They offer vital real-time advice and help explain financial concepts to various company departments.
What Small and Midsize Businesses Need to Know About Finance Business Partner
Finance business partners work quite closely with companies to create a financial plan, perform risk analysis, and offer advice on all financial matters. A good finance business partner will offer the following: - Help in shaping business strategy - Understanding of both management and operations - Informed problem solving - Data interpretation - Unbiased, clear opinions
Related terms
- Tokenization
- ROIT (Return on Information Technology)
- SAC (Subscriber Acquisition Cost)
- Energy Trading and Risk Management (ETRM)
- Chief Revenue Officer (CRO)
- Core Banking System
- Record to Report (R2R)
- Fintech
- Financial Management System (FMS)
- Business Capability Modeling
- Capital Allocation
- Compound Annual Growth Rate (CAGR)
- Net Present Value
- Hedge Fund
- Gateway
- Selling General and Administrative (SG&A) Expenses
- ROE (Return on Equity)
- Financial Planning and Analysis (FP&A)
- Dollar-Cost Averaging (DCA)
- Procure-to-pay Solution
