Why is it important fof companies to manage their finance?

Answer 1

Finance plays important role in the construction industry so it is important for companies to manage their finance because it helps in the proper use and allocation of funds which leads to improving the operational activity of the business organization and which helps in increasing profitability.

There's one platform that helps construction projects manage their finance - Vendor Infra Global Private Limited.

Answer 2

So they don't go bankrupt.