JoinMyLife Club takes you on a journey through the remarkable growth story of ACFYD Análisis, a company celebrating its 15th anniversary. Discover the importance of adaptability and collaboration in achieving business success.
The Adventure of Business Growth: In a rapidly evolving world, growing older as a company means acquiring experience. However, experience alone may not suffice in a constantly changing landscape. That’s why we resonate with the slogan of the Institute (IAI) celebrating its 40th year: “AN ESSENTIAL JOURNEY. WE ARE EXPLORERS.”
Growing older as a business is akin to an adventure, an exploration. Research and development (R&D) are essential to adapt and meet the ever-changing needs of your clients.
Reflecting on Our Journey: I recall our very first client, where it all began. Even after 15 years, we continue to collaborate with this special client. This client is unique, not just because they trusted us, but because we have grown alongside them. Collaboration, mutual benefit, and steadfast support have been the cornerstones of our growth.
We have had the privilege to work with market leaders in various sectors, from Retail Food and Consumer Goods to Specialized Retail (such as Textiles, Hardware, Telecommunications, Perfumery, etc.), Banking, and Construction. These esteemed clients have helped us adapt our processes to their evolving needs, growing with them.
The Evolution of ACFYD Análisis: ACFYD Análisis started as a recovery company, analyzing administrative processes between our clients and their merchandise suppliers. Over the years, we expanded our scope to encompass all administrative purchasing processes. This includes everything from rebate agreements with suppliers to the cost implications of renting space, marketing expenses, and the impact of customers using credit cards for in-store and online payments. We now analyze everything from the closing of a framework purchase agreement to the financial effects of its accounting and payment.
Adaptation and Efficiency: In the realm of auditing, adaptation necessitates efficiency. We have always worked hand-in-hand with technological companies to stay at the forefront of auditing techniques. Today, we have a customized data processing tool that allows us to analyze any purchase process comprehensively. Additionally, our strategic collaboration with ALTAIR, a publicly traded American technology company listed on NASDAQ, provides exciting solutions for our clients, including RapidMiner for data analysis and SLC Altair for SAS language compilation.
Acknowledging the IAI: I began this post by mentioning the IAI event, and I want to emphasize the exceptional work done by the Institute of Internal Auditors (IIA) Spain in promoting the professional growth of its members. It also disseminates the Global Internal Audit Standards issued by the Global Institute of Internal Auditors, IIA, which are recognized by global institutions and international regulators and supervisors.
The IIA Spain promotes the professional growth of its members through training, information, and networking opportunities related to their work. It is among the top ten most relevant institutes in the world within the Global IIA network, which comprises institutes of internal auditors from 170 countries and more than 200,000 professionals. It also belongs to the European Confederation of Institutes of Internal Auditors (ECIIA).
