O Itaú BBA announced the launch of a financial management solution in partnership with Accountfy, a technology company hosted at Cubo Itaú. The application is already available for some customers and, over the next few months, it will be gradually expanded to the entire Itaú BBA customer base.
A Integrated management is a platform that consolidates, automates and transforms management data into information for making strategic decisions, according to Itaú BBA.
Through the organization of management and accounting information, the objective is for the client to have an easier and more transparent view of the financial health of their companies.
The tool, which is accessible from any device, connects to any management system, and promises the optimization of consolidation and monthly closing processes, reporters and explanatory notes.
In addition, Itaú BBA says that the application is even capable of modeling financial statement projections, such as the Income Statement (Income Statement), Balance Sheet and Cash Flow, freeing up time and capacity of financial managers for activities that actually build value for the business.
“We want to solve our customers’ problems with the best solutions on the market, whether they are owned or developed by Itaú BBA clients, who also end up becoming the bank’s partners”, says Mário Domingues, director of Commercial Banking at Itaú BBA.
Itaú BBA Platform in partnership with Accountfy
The platform, which works in the cloud, centralizes and organizes accounting data from the balance sheet or ledger generated by the ERP (management system).
It also integrates the financial entries made in the ERP, transforming them into generational information, without spreadsheets and human errors, ensuring consistency of information, bringing reliability to CFOs and greater governance to companies.
“Based essentially on accounting data, our platform integrates the three main financial areas into a single form of management: Controllership, Planning and Treasury. In partnership with Itaú BBA, we believe we contribute to the process of educating the market about the importance of promoting information transparency and reducing common errors”, reports Goldwasser Neto, CEO and Co-Founder of Accountfy.
In addition, the tool will include a safe and fast channel for exchanging information with financial institutions, with the aim of helping companies to obtain better conditions with banks.
“Security, governance and data-driven management are part of our routine and culture here at Itaú Unibanco. Every day we seek to improve these issues in our internal processes and in our products. We believe that this partnership will help us deliver these same precepts to our customers as well”, adds Marcos Cavagnoli, Director of Digital Cash Management and open finance from Itau.
Source: Moneytimes
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