With the changes in the global macroeconomic scenario in recent months and the arrival of a new phase in the credit market, financial planning has gained increasing relevance within companies. Its objective is to align market strategy with finance to pave the way to build solid and profitable businesses.

To this end, a few companies have dedicated themselves to the development of software and platforms that make it possible to monitor corporate expenses in real time.<a href="https://southsummitqa.startgodev.es/organizations-are-designed-to-kill-innovation/"> This has allowed companies' time and resources to be dedicated to more relevant and sensitive topics to the business’ core activities, such as strategic thinking and planning, while data processing and compilation are done by the platforms - turning decision-making into a more assertive and dynamic management aspect.</a>

Through these digital tools, it is possible to do live tracking of expenses incurred by employees or specific departments of a company. Finance teams are then able to understand in detail what are the fundamental or most recurring expenses within the organization so business’ objectives can be better aligned.

To keep the company's financial control up to date, which is key for the future of management, all incoming and outgoing amounts and expenses must be tracked in the smallest detail. Clara's corporate spend management platform has been able to save its customers up to one year when carrying out processes such as invoice conciliation, payments and financial time consuming tasks usually conducted manually by accounting teams. The objective is to simplify the routine expenses of any company, of any size or sector in which it operates, and releasing information with agility and transparency on a shared management platform.

With this information in hand, companies have paid more attention to compliance and to the analysis of internal data. A survey conducted by SAP Concur that heard CFOs from around the world indicates that 78% of them intend to increase or maintain investments in digitalization between 2023 and 2024, no matter the economic scenario.