Finance is the study of managing and allocating resources, particularly monetary ones. It involves understanding how individuals, businesses, and governments make financial decisions, manage risks, and invest or allocate funds to achieve their goals and objectives

Inventory management is the process of overseeing and controlling the flow of goods and products within a business. It involves maintaining optimal stock levels, tracking inventory movements, and ensuring timely restocking to meet customer demand while minimizing carrying costs and stockouts.

Trade receivable management involves overseeing and optimizing a company’s accounts receivable. It includes strategies for efficient billing, credit terms, collection procedures, and maintaining positive customer relationships. Effective management ensures a steady cash flow and minimizes the risk of bad debts.

Cash management involves monitoring, controlling, and optimizing the use of cash within a business. It includes activities such as budgeting, forecasting, liquidity management, and optimizing cash flow to meet short-term financial obligations while maximizing returns on excess cash.