W Flashcards
Financial Functionalities usually used
Cash flow management:
Accounting:
Billing and collection:
Financial analysis:
Risk management:
Financial planning:
What is Cash flow management:
will need to effectively manage its cash flow to ensure the availability of sufficient liquidity to cover current expenses and future investments. To achieve this, they can use tools such as cash flow forecasting, cash flow reports, and cash management strategies to maximize their returns on available funds.
Accounting:
Accounting is essential for keeping accurate and up-to-date records of the company’s financial transactions. OVO Energy can use automated accounting systems to facilitate the recording and tracking of invoices, payments, and account statements.
Billing and collection:
OVO Energy’s financial services can be responsible for billing customers and collecting payments. They can use billing software to send electronic invoices to customers and online payment systems to facilitate payment collection.
Financial analysis:
Financial analysis can help OVO Energy understand the company’s financial trends and make informed decisions regarding investment and growth. They can use financial analysis tools to evaluate the company’s financial performance, such as financial ratio analysis, cost-benefit analysis, and sensitivity analysis.
Risk management:
Risk management is an important aspect of a company’s financial function. OVO Energy can use risk management strategies to mitigate financial risks, such as hedging against currency fluctuations or insurance to protect against risks associated with business activities.
Financial planning:
Financial planning is a key aspect of OVO Energy’s financial function. They can develop budgets, cash flow plans, and financial projections to plan for future business activities and make informed investment decisions.
comment traduire “use cases” en français
“scénarios d’utilisation” ou “cas d’utilisation”.
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