Financial Management: Strategic vs.

Tactical

Financial management processes regulate how you conduct daily transactions, complete the monthly
financial close, compare actual expenditure to projected spending, and guarantee you fulfill auditor and
tax obligations.

On a more strategic level, financial management feeds into critical FP&A (financial planning and analysis)
and visioning operations, in which finance professionals utilize data to assist line-of-business colleagues
in planning future investments, identifying opportunities, and building resilient businesses.