Financial management is the business function concerned with profitability, expenses, cash and credit.
The discipline is then tasked with the "efficient acquisition and deployment" of both short- and long-term financial resources, to ensure the objectives of the enterprise are achieved.
It is also involved with long term strategic financial management, focused on i.a.
Financial management systems are the software and technology used by organizations to connect, store, and report on assets, income, and expenses.
[4] Here, the discipline relies on a range of products, from spreadsheets (invariably as a starting point, and frequently in total[5]) through commercial EPM and BI tools, often BusinessObjects (SAP), OBI EE (Oracle), Cognos (IBM), and Power BI (Microsoft).