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An overview on financial management techniques for organization effectiveness

The paper enriches the quality of information in financial management and enables the reader to clearly understand the major concepts and techniques in the subject. | An overview on financial management techniques for organization effectiveness International Journal of Management IJM Volume 7 Issue 7 November December 2016 pp.16 22 Article ID IJM_07_07_002 Available online at http www.iaeme.com ijm issues.asp JType IJM amp VType 7 amp IType 7 Journal Impact Factor 2016 8.1920 Calculated by GISI www.jifactor.com ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication AN OVERVIEW ON FINANCIAL MANAGEMENT TECHNIQUES FOR ORGANIZATION EFFECTIVENESS Ms. G. Jayashree PhD-Full-Time Research Scholar in Periyar University Salem India Dr. I. Carmel Mercy Priya Research Supervisor A.V.S Arts and Science College Salem India ABSTRACT Financial management is highly concerned with maximizing the wealth of equity shareholders. Though profit is the main motto of any business financial management concerns more on the distribution of profit to the equity shareholders. Financial Management means planning controlling organizing and directing the monetary resources of the firm. The challenge of any finance manager is to have a deep knowledge regarding the procurement allocation and management of funds of the business. The success behind any organization depends on the efficient management of finance. In this study the researcher has concentrated on the various management techniques in finance. The data is collected from secondary information and data. The paper enriches the quality of information in financial management and enables the reader to clearly understand the major concepts and techniques in the subject. Key words Finance procurement management efficient organization knowledge wealth. Cite this Article Ms. G. Jayashree and Dr. I. Carmel Mercy Priya An Overview on Financial Management Techniques for Organization Effectiveness. International Journal of Management 7 7 2016 pp. 16 22. http www.iaeme.com IJM issues.asp JType IJM amp VType 7 amp IType 7 1. INTRODUCTION Finance is the life-blood of any business. In the early times every .