Finance blog

The entering into force of the Corporate Sustainability Reporting Directive (CSRD), on 5 January 2023, has entailed an increase in the number of companies that

As financial requirements become more complex, the need for efficiency is driving companies to consider moving to cloud financial consolidation. In a process where there

Software-as-a-Service has unquestionably become one of the most important IT trends. However, when comparing on-premise and SaaS solutions for corporate performance management, it is important

Many companies use the historical cost principle when remeasuring nonmonetary assets. Thus, items are reported using the exchange rate in effect at the time of

Finance departments are under increasing pressure with each financial consolidation process: tight deadlines, greater demands and obsolete CPM systems do not make things easier.  Monthly

A company’s financial stability and long-term success largely depend on effective budget elaboration. Therefore, careful business budget planning should be one of the top priorities

One of the intricacies of group finance is the need to translate multiple sets of subsidiary accounts into a common consolidated view; therefore, successfully creating

In these uncertain times, finance leaders are expected to steer companies through disruption, making strategic choices regarding the company’s role in the future financial services

The advance of digitalization is one of the greatest catalysts for change in the financial department, placing technological innovation among CFOs’ top priorities. Hence, achieving

Even the financial sector has felt the impact of COVID-19, and working from home and switching to a hybrid work model has gradually acquired stability

The financial closing process is one of the most important tasks that finance and accounting teams have to carry out, but also one of the

The variability of future scenarios, which translates into increased risks, is one of the main challenges for decision-making; thus, creating meaningful financial forecasts can be

In times of constant change and pressure on finance leaders, CFOs are redefining priorities. As shown by a recent survey, the main concern of 90%

To keep up with the fast pace of technological change, regularly assessing and upgrading your company’s BI, if required, has become essential for a successful

To keep up with the fast-changing times, modern CFOs require additional skills that were not formerly envisaged in the job description. Hence, to keep on

The global climate of geopolitical instability and unstable supply chains, added to ensuing consequences such as inflation, volatility in currency relations or the rise of