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  • Talentia Software supports Valagro in the transition from the Quarterly Report to the Monthly Fast Closing

Customer Press Room

Talentia Software supports Valagro in the transition from the Quarterly Report to the Monthly Fast Closing

by Grandangolo Communications / Wednesday, 02 February 2022 / Published in Talent Software

The collaboration between the well-known international group and the leading company in financial solutions is strengthened

Talentia Software, a leader in the development of solutions for the management of human and financial resources for medium and large-sized companies, has supported Valagro, a company specialized in the production and marketing of biostimulants and nutritional specialties, in the development of the Monthly Fast Closing to provide an equity/economic/financial situation on the 3rd day of the month following the closing month.

Valagro is a company specializing in nutrition, cutting-edge products and value-added technological services for agriculture, with 13 branches present around the world.

Valagro's history began in the 1980s and has a distinctive value: the search for innovation, respecting nature and ethics. It consists of a widespread network that covers over 80 countries, where Valagro is present today with an offer certified by international authorities.

Talentia Software has accompanied the Valagro Group in various organizational changes since 2008, supporting it in the optimization of the consolidated financial statement process. With the acquisitions and the subsequent change in governance, the Valagro Group had the need to develop the Monthly Fast Closing.

Talentia Software intervened by proposing and implementing the Consolidation & Close module of Talentia CPM which responds to all needs regarding consolidated financial statements, according to national and international consolidation standards, from the import of balances to the production of the financial statement, including all redeterminations. Thanks to Talentia CPM, operations are automated and teams have more time for analysis, communication and more strategic decisions. Talentia Consolidation & Close is a unique solution for real-time reporting, management of consolidated financial statements in compliance with various regulations (national, IFRS, sectoral such as insurance), intra-group reconciliation and closures.

“The experience of the professional relationship with Talentia, which has continued for over 15 years, is always very interesting - he says Antonino Volpe, CFO of Valagro. – Talentia accompanied the Group through various organizational changes up to today's change with the transition to Monthly Fast Closing. We feel fully satisfied and hope to once again be able to face together the new challenges that will emerge on the horizon."

“The application of Fast Closing requires a good level of awareness among the actors involved, in addition to the reorganization of some company processes and above all the implementation of dedicated and reliable software - he explains Pascal Palmisciano – CPM BU Service, Delivery and Support Leader di Talentia Software. – Talentia CPM once again demonstrates that it is able to respond effectively to the most specific customer requests".

Tagged under: Talent Software, Valagro

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