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 […]

Time and money. If we were to carry out a market survey and ask finance directors, entrepreneurs or heads of accounting departments what the two most important resources of a business are, a good number of them would give us that answer. The profitability of any business rests on the efficient management of both. Therefore, […]

Board International was founded in the 1990s with the aim of being a Self-Service Analysis and Reporting, which goes through giving users the independence to create their own reports, without depending on the IT department or on an external consultancy or software publisher. From the beginning, BOARD was considered as a Business Intelligence (BI) and […]

In a context like the current one where financial instability and market volatility are so present, it is normal that every day more and more companies want to improve their Financial Planning and Analysis (FP&A). In this article we would like to explain what FP&A is and go deeper into its importance for your organization. […]