Business Financial Management

Everyone in the finance industry knows about the benefits of having automated and aggregated financial data to help end users to improve their understanding of their whole financial situation, powered by PFM (personal financial management).

BFM (business financial management) is a solution that enables businesses, especially small and medium-sized businesses, to better understand and manage their finances. Some companies such as Strands and Meniga provide their platform to businesses for this purpose.[1][2] Businesses can obtain insights for better business decisions and get control of their financial performance by getting information such as an overview of the company finances, a better projection of its cashflow, and an overview of its recent and upcoming transactions by using the BFM platform.

References

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