Campaign finance reforms impact electoral processes by altering how political candidates raise and spend money during elections. These reforms aim to reduce the influence of money in politics and promote transparency, ensuring that all candidates have an equitable chance to compete. By limiting donations and requiring disclosure of funding sources, reforms can help mitigate the potential for corruption and the dominance of wealthy interests. Ultimately, effective campaign finance reform can enhance the democratic process, leading to fairer elections and broader representation of diverse political views.