{"id":21841,"date":"2021-08-03T11:16:00","date_gmt":"2021-08-03T10:16:00","guid":{"rendered":"https:\/\/www.orama.ai\/academy-tesoreria\/advantages-of-orama-over-excel\/"},"modified":"2023-09-14T11:13:05","modified_gmt":"2023-09-14T10:13:05","slug":"advantages-of-orama-over-excel","status":"publish","type":"post","link":"https:\/\/www.orama.ai\/en\/academy-tesoreria\/advantages-of-orama-over-excel\/","title":{"rendered":"Advantages of Orama over Excel"},"content":{"rendered":"<p>There are many times when we struggle with <a href=\"https:\/\/www.orama.ai\/academy-tesoreria\/como-llevar-el-control-financiero-de-una-empresa\/\" target=\"_blank\" rel=\"noopener\">traditional systems such as Excel for our company&#8217;s treasury and finances<\/a> and wish to find the solution to find a simpler way. It turns out that <a href=\"https:\/\/www.orama.ai\/producto\/\" target=\"_blank\" rel=\"noopener\">we have found the solution<\/a> for one of the essential elements that our company must have: the treasury. We tell you about the advantages of Orama over Excel in this article.<\/p>\n<p>We present a <a href=\"https:\/\/www.orama.ai\/academy-tesoreria\/plan-de-tesoreria-controla-tu-liquidez\/\" target=\"_blank\" rel=\"noopener\">software that controls your company&#8217;s treasury in real time<\/a>. This way, you can have all your<a href=\"https:\/\/www.orama.ai\/academy-tesoreria\/conciliacion\/\" target=\"_blank\" rel=\"noopener\"> banks and cards<\/a> in the same place, classifying the different transactions made.<\/p>\n<h3><strong>How is it done?\u00a0<\/strong><\/h3>\n<p>Every four hours it updates the different graphs from a treasury chart showing the transactions made.<\/p>\n<h2><strong>But what are the advantages of Orama over Excel?\u00a0<\/strong><\/h2>\n<p>Well, in this section we do not fall short, since the difference between the use of this software and a spreadsheet is quite remarkable. Mainly:<\/p>\n<ul>\n<li>We get an <a href=\"https:\/\/www.orama.ai\/academy-tesoreria\/conciliacion-automatica\/\" target=\"_blank\" rel=\"noopener\">automatic update of the bank statement <\/a>. In Excel you have to select and classify each item and then you have to assemble it on your own. <strong>In this software all bank statements are refreshed automatically and in real time<\/strong>. Let&#8217;s say that in the conventional spreadsheet you have to take each transaction and classify it in each line item of each treasury.<\/li>\n<\/ul>\n<ul>\n<li>It also helps you to have your <strong>business metrics in real time<\/strong>.<\/li>\n<\/ul>\n<ul>\n<li>Ease of being able to put <strong>several bank statements in the same place, cards and banks in the same<\/strong> place. <strong>\u00a0<\/strong><\/li>\n<\/ul>\n<ul>\n<li>In addition, we have to highlight the ease with which <em>onboarding<\/em> can be done, it is very fast and in a matter of hours and a few adjustments you will have your <em>cash flow<\/em> updated, controlling your company&#8217;s treasury in detail.<\/li>\n<\/ul>\n<ul>\n<li>To be able to<a href=\"https:\/\/www.orama.ai\/academy-tesoreria\/prevision-financiera-para-empresas\/\"> simulate different scenarios and <\/a>how they affect your company&#8217;s cash flow in real time, that is, to update everything.<\/li>\n<\/ul>\n<ul>\n<li>In addition, you will be able to see the deviations that your company may witness, the months of cash you have left and different metrics that can help you make <strong>a decision before any type of deviation<\/strong> occurs.<\/li>\n<\/ul>\n<h2><strong>Orama: the software that offers you the solution for your company&#8217;s cash management\u00a0<\/strong><\/h2>\n<p><strong>Every 4 hours you will have the whole system updated,<\/strong> i.e. the automation will work by itself and will not require a person to manually set all the games and update all the graphics. But in real time you will be able to have all your accounts at hand.<\/p>\n<p><a href=\"https:\/\/www.orama.ai\/demo\/\" target=\"_blank\" rel=\"noopener\">Book a demo<\/a> with one of our specialists and try Orama during <strong>15 days without any type of commitment. <\/strong>We will accompany you in your first steps so that you can see with real data of your company how Orama can help you to manage in a better and more efficient way the treasury of your project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discover the advantages of Orama over Excel and you can forget about manually updating Excel sheets to see the financial status of your company.<\/p>\n","protected":false},"author":1,"featured_media":21914,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","inline_featured_image":false,"_joinchat":[],"footnotes":""},"categories":[181,157,156],"tags":[],"class_list":["post-21841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-forecast","category-treasury","sala-blog-boxed"],"_links":{"self":[{"href":"https:\/\/www.orama.ai\/en\/wp-json\/wp\/v2\/posts\/21841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.orama.ai\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.orama.ai\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.orama.ai\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.orama.ai\/en\/wp-json\/wp\/v2\/comments?post=21841"}],"version-history":[{"count":3,"href":"https:\/\/www.orama.ai\/en\/wp-json\/wp\/v2\/posts\/21841\/revisions"}],"predecessor-version":[{"id":23887,"href":"https:\/\/www.orama.ai\/en\/wp-json\/wp\/v2\/posts\/21841\/revisions\/23887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.orama.ai\/en\/wp-json\/wp\/v2\/media\/21914"}],"wp:attachment":[{"href":"https:\/\/www.orama.ai\/en\/wp-json\/wp\/v2\/media?parent=21841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.orama.ai\/en\/wp-json\/wp\/v2\/categories?post=21841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.orama.ai\/en\/wp-json\/wp\/v2\/tags?post=21841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}