The final project is a solution implemented with the BOARD decision-making platform that integrates economic and financial information of the entire company. Its flexibility allows a global vision at a strategic level by the general management, as well as granularity and detailed analysis by company, CeCo and business unit.
The outcome is an end-to-end process that covers from reporting and monitoring of economic & financial information to the preparation of the budget of all group companies.
The project has been developed in different phases, in the first phase, the reporting solution for P&L, Balance Sheet and Economic-Financial KPI’s reports has been implemented. This first phase stands out for drastically optimizing the time dedicated to the elaboration of reports and improvement in the quality of the information generated.
Subsequently, a solution has been developed that is very focused on the follow-up and analysis of customer Arrearage, with an immediate return in the management of Arrearage.
Another specific process that has been implemented is the Commercial Margin at customer level for the purchase and sale of energy. This process requires simulation and different energy purchase cost distribution scenarios.
Finally, the economic planning process for the entire company has been digitized, involving all the people who have responsibility for the group’s global budget. The process has different simulation capabilities depending on the budget item being worked on and is carried out in a single concurrent environment that guarantees a unified view of the budget at all times.
We are currently planning the integral digitization of the department’s key processes: Treasury Forecasting, Balance Sheet Planning, Rolling Forecast, etc.