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Signature Assignment

In: Business and Management

Submitted By strivingsuccess1
Words 3274
Pages 14
Activity 8: Signature Assignment
Introduction

In this essay, this research study seeks to demonstrates how financial management's usage of IT services reduced cost and control cash flow in the organization. Thus, the organization’s purpose is to analyze the elements which make up the organization’s framework. For that reason, the organization must know all specificy problems, purposes, the significance of the problem, and supporting theories. In fact, this research methodology analyzes the implementation of the problem solutions, and defends the result’s findings

Financial management in U.S. firms covers many areas in stocks and cost optimization of the company’s performance management, especially in IT. Many emerging and recent developments in global economies have driven growth which further challenging challenges managers in American companies. The managers have to handle financial issues, especially in this cost drivening economy. However, IT departments are facing the issue of accounting for cost reduction with budget cuts in IT departments. Therefore, the IT departments are facing pressure to cut costs, which will affect education. Financial management focuses on reducing cost, profits, and increasing shareholders value, with IT. IT information is used by the financial managers to meeting the demands of the organization to develop a strategic technology plan. IT managers are put in situations where they are forced to defend their staffing levels against both internal and external threats. Since management does not understand the scope, characteristics, and costs, they cannot develop budgets. Furthermore, the company’s fiscal period requires information about the maturity and integration being practiced in IT organizations (Schipper, 2010). U.S. firms not handling these issues can produce inaccurate and incomplete financial reports, billing, and

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