Capterra Glossary
Financial Data Management
Financial data management is the process of maintaining financial information, generating accurate reports, and staying in compliance with industry standards, generally through the use of advanced software.
What Small and Midsize Businesses Need to Know About Financial Data Management
All companies need financial data management tools and processes to stay current with their informational needs and reporting duties. These tools include analytics and reporting features. Federal and state regulations are often difficult to navigate, especially when they concern finances. These tools help companies stay compliant with regulations. They also allow businesses to measure income, expenses, and profit/loss margins.
Related Terms
- Compound Annual Growth Rate (CAGR)
- Financial Planning and Analysis (FP&A)
- Selling General and Administrative (SG&A) Expenses
- Hedge Fund
- Gateway
- Record to Report (R2R)
- ROIT (Return on Information Technology)
- Chief Revenue Officer (CRO)
- SAC (Subscriber Acquisition Cost)
- ROE (Return on Equity)
- Tokenization
- Net Present Value
- Fintech
- Financial Management System (FMS)
- Business Capability Modeling