We are living in an era of digital revolution: artificial intelligence, metaverse, digital twins, process automation… These and many other technologies are enabling the transformation of companies and businesses. But, paradoxically, while organizations are revolutionizing many of their departments with these technologies, they are still using spreadsheets in the finance area. Is it possible to […]

Operational management in the retail sector is complex for many reasons: the number of factors to consider, changes in trends or seasons, the great diversity of stock, the variability in demand, etc. The amount of information that needs to be managed to keep everything under control can be overwhelming, which is a major challenge for […]

Intercompany accounting is a very important and necessary part of business expansion, but at the same time it is a big challenge for financial teams. That is why more and more companies are looking for solutions that simplify tasks such as intercompany account reconciliation and thus improve efficiency in their financial management. In this article […]

Cash forecasting is a critical process in short- and long-term planning for many companies. According to data from the Association for Financial Professionals, cash planning is the number one priority for 68% of treasury managers. In this article we explain what it is, what steps you need to take to create it and why you […]

The planning, organization and control of financial processes have a direct influence on the decision making of companies. Although everyone knows this, there are many organizations, even large corporations, that still do not have their financial processes integrated with the rest of the entity. Both large departments and small finance teams can gain numerous benefits […]

The income statement (P&L) is one of the most widely used financial reports by companies when planning their business. In this article we want to explain what it is, how it is obtained and we also offer you some valuable keys to get the most out of your P&L planning. What is P&L (profit and […]

Financial consolidation is a process that can absorb a lot of time and resources. Companies that perform it manually reach a point where they find that continuing to use Excel spreadsheets and manual calculations is not sustainable, as it leads to significant delays and errors. The solution is to automate financial consolidation using specific software. […]

Finance is a vital area for any company. In a context marked by instability and volatility, it is more important than ever to have a financial strategy that is proactive (and not reactive), something to which Financial Planning and Analysis (FP&A) provides an answer. Within this area, financial analysis is particularly important, since the data […]