For many organizations, financial management can be a daily struggle as managers and senior executives face significant, diverse challenges, ranging from poor cash flow management to cybersecurity threats.

A sound, effective financial management system provides organizations with a smart way to monitor and control their operations in the short term so executives can meet their long-term vision to invest in future opportunities. Not only are organizations forging a better path to becoming more competitive and prosperous, but they’re also strengthening business practices to withstand rapid industry changes.