A Finance Department is responsible for managing a company's long-term and day-to-day monetary operations and strategy. Its size varies based upon total employee head count, total revenue, industry, and overall business strategy. The Finance department provides sound fiscal processes, policies, planning and strategy. The group is responsible for incoming and outgoing payments (Accounts Payable/Receivable), budgeting, planning and analysis, asset management (fixed and liquid), tax management, general accounting, and cash management (treasury). Some groups may also be responsible for payroll, internal audit and compliance, risk management and expense management, but these tasks are often outsourced.