As a startup, you know how important it is to keep track of your money received, owed, and spent. Financial operations, also known as FinOps, covers that (and more). It refers to the management of all financial activities within your company. This includes accounting, budgeting, forecasting, invoicing, accounts payable, and banking.
Through these activities, financial operations can help make financial decisions. It can also identify any potential risks and opportunities, as well as measure performance against objectives.
Finance operations are essential for startups to make informed decisions and ensure their business grows.