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The finance department of a company generates a variety of financial information that is helpful in decision making, including Profit and Loss accounts, providing details of whether the business is making efficient use of financial resources. Balance Sheet information providing details of a businesses, assets and liabilities, as well as the liquidity of the business. Sales and purchase information setting out particular types of trading and accounts with particular customers and suppliers. Information about the purchase of assets and liabilities. Information about the wages paid out by a business. Please check Comms4 is a free-to-use service providing UK business owners with a simple set of applications and tools for sourcing B2B communications solutions.

By providing a steady and up-to-date flow of information, a business is able to make appropriate decisions about:

How to reduce costs

How to increase sales

How to raise profitability

When to purchase new capital assets

The best sources of finance, and duration, etc.

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