At Alper Seguros, accounting consolidation with no parallel spreadsheet.

The starting point

Consolidating the financial statements was a highly manual, decentralised process. Information had to be pulled from multiple sources and matched up in spreadsheets — which required slow reconciliations and manual adjustments.

The financial close was complex and slow, making it hard to see results in real time and raising the risk of inconsistencies.

The problem did not stop at the accounting team

Having no integrated platform made communicating with the board and the external auditors harder, and that squeezed deadlines and delivery. In a regulated operation answering to the securities regulator and an international parent, delay is not an inconvenience: it is exposure.

The transformation

With LeverPro, Alper moved to a centralised, automated accounting environment connected directly to its corporate systems. The close became faster, more accurate and standardised, with statements consolidated automatically and data available in real time.

The platform made producing the reports for the regulator and head office easier, and the accounting team came to spend more time on analysis than on operational execution. The LeverPro team's advisory support led an implementation adapted to the company's regulatory requirements.

The gains, according to the accounting coordinator

• A significant cut in financial close time
• Parallel spreadsheets eliminated and operational risk reduced
• Financial consolidation automated, integrated with internal systems
• Faster, more reliable management and regulatory reports
• Greater traceability and transparency in the data, strengthening internal control and governance