The Financial, & Asset Management (F&AM) process grouping focuses on managing the finances, and assets of the enterprise. Financial Management processes include Accounts Payable, Accounts Receivable, Expense Reporting, Payroll, Book Closings, Tax Planning and Payment etc. Financial Management processes collect data, reports and analyzes the results of the enterprise. They are accountable for overall management of the enterprise income statement. Asset Management processes set asset policies, track assets and manage the overall corporate balance sheet.
Issues
This was created from the Frameworx 16.0 Model