What Is The Role Of Finance In The Decision Making And Strategic Planning Process
The financial metrics of a company is for assessing its performance. If you ask what finance's role is in the strategic planning procedure, there's no single role (but many). After all, it helps establish & monitor measurable and specific financial strategic requirements and goals on an integrated and coordinated basis. Therefore, it enables the firm to operate effectively. Financial goals & metrics establish some significance:
Free Cash Flow
It happens to be the measure of the financial soundness of the firm. It shows that financial resources get utilized for generating additional cash for future investments. It represents net cash available upon deducting investments & working the capital increases from operating the firm's cash flow.
Economic Value-Added
It's a bottom-...