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The Finance and Control function defines the economic and financial policies of the company, taking care of the financial management and risk’s coverage of it, trying to find the resources needed for the different sources.
It needs tools that help it to make the proper decisions in short term and planning the business in the long term, forecasting future scenarios thanks to the analysis of past’s trends that can regard Economics, Purchases, Sales or Stock analysis.
The administration and finance area has to control all the economic aspects of different business areas, therefore it has to have the opportunity to value the reliability of suppliers and customers and have information regarding the management of the company’s Human Capital.