FinOps (Financial Operations) refers to the set of processes and practices that enable an organization to effectively manage its financial resources. FinOps involves optimizing the cost structure of a business, ensuring compliance with financial regulations, and managing cash flow. It encompasses a range of activities such as budgeting, forecasting, financial reporting, tax compliance, accounts payable and receivable, and expense management. FinOps helps companies make informed financial decisions, monitor their performance, and ensure long-term financial stability.
Continuity focuses on the consistency of business activities in the face of any failure. From as small as a network card failure to as large as a regional natural disaster, continuity is all about making your environment resilient. Learn about the key concepts and approaches to building resilient environments in this article series.