økonomifunksjon
An økonomifunksjon, often translated as "economic function" or "financial function," is a term used in Norwegian business and public administration to describe the operational unit responsible for managing the financial aspects of an organization. This unit typically encompasses a range of duties related to budgeting, accounting, financial reporting, and sometimes payroll and procurement. The primary goal of an økonomifunksjon is to ensure the efficient and effective allocation and utilization of financial resources, supporting the organization's strategic objectives and overall operational success.
The specific responsibilities of an økonomifunksjon can vary depending on the size and nature of the organization.
The economic function plays a crucial role in decision-making by providing accurate and timely financial information.