EIKA reduces time in treasury management with Sage XRT Treasury and LKS Next
Posted: Sun Dec 15, 2024 9:15 am
Sage XRT Treasury allows you to automate the download of bank statements and integrate with the company's ERP.
The company claims that this software prevents the repetition of tasks and errors.
EIKA's financial planning has improved significantly since we implemented Sage XRT Treasury . Their goal was to reduce the time spent on treasury management and financial planning, and we have succeeded. In this article we tell you about the entire process.
Start of marked textSHARE! Discover how EIKA has managed to reduce time in its financial department with the implementation of Sage XRT Treasury and the help of LKS Next.End of marked text
This is EIKA
EIKA was founded in 1973. Since then, they have pharmacies email list worked on the design and manufacture of a wide range of components for electric cookers, hobs and ovens. They have more than 1,000 people working in their plants in Spain, Poland, the Czech Republic and Mexico, where around 25 million components for electric cookers and ovens are produced.
The company is a cooperative located in Etxebarri (Bizkaia) and is part of the MONDRAGON group. They are leaders in the production of electrical components for household appliance manufacturers, with a significant presence in international markets (they manufacture 40% of the world's glass ceramic hobs).
The problem: Optimizing time
For some time now, the finance department has been experiencing various problems. Most of them had to do with time optimization and the completion of repetitive tasks.
For years, they had been working with a technological solution that, although it met their needs, had clear limitations. Every day they had to manually download the bank files for each of the entities they work with.
The company claims that this software prevents the repetition of tasks and errors.
EIKA's financial planning has improved significantly since we implemented Sage XRT Treasury . Their goal was to reduce the time spent on treasury management and financial planning, and we have succeeded. In this article we tell you about the entire process.
Start of marked textSHARE! Discover how EIKA has managed to reduce time in its financial department with the implementation of Sage XRT Treasury and the help of LKS Next.End of marked text
This is EIKA
EIKA was founded in 1973. Since then, they have pharmacies email list worked on the design and manufacture of a wide range of components for electric cookers, hobs and ovens. They have more than 1,000 people working in their plants in Spain, Poland, the Czech Republic and Mexico, where around 25 million components for electric cookers and ovens are produced.
The company is a cooperative located in Etxebarri (Bizkaia) and is part of the MONDRAGON group. They are leaders in the production of electrical components for household appliance manufacturers, with a significant presence in international markets (they manufacture 40% of the world's glass ceramic hobs).
The problem: Optimizing time
For some time now, the finance department has been experiencing various problems. Most of them had to do with time optimization and the completion of repetitive tasks.
For years, they had been working with a technological solution that, although it met their needs, had clear limitations. Every day they had to manually download the bank files for each of the entities they work with.