Financial Operations (FinOps)
Financial operations (FinOps) refers to the integrated systems, processes, and teams that manage a company’s daily financial activities. This includes cash management, accounts receivable, accounts payable, vendor payments, payroll, expense reimbursements, and internal controls.
In modern enterprises, FinOps extends to managing cloud infrastructure costs, subscription services, and real-time financial reporting. Efficient financial operations enhance operational efficiency, maintain liquidity, ensure regulatory compliance, and provide business leaders with timely, accurate financial insights for decision-making.