The Estabanell Group Strengthens Its Treasury as a Strategic Focus Following a Decade of Digital Transformation

Active in energy generation, distribution, and sales—with renewable assets in Catalonia, Murcia, and Andalusia—the group has undergone a period of strong expansion, with new companies, greater investment needs, and increasing financial complexity.

As Fátima Luis, Chief Financial Officer of the Estabanell Group, explains, the project was conceived from the outset as a structural change:
“It wasn’t about implementing a tool, but about rethinking processes and the role of the finance team, based on its real contribution to the business and its impact on the customer.”

From an operational treasury to a strategic role

A decade ago, treasury management relied on manual processes, spreadsheet reconciliations, and a heavy operational burden. In this context, the group decided to adopt a specialized treasury management solution, Kyriba, with the support of the consulting firm All CMS as its implementation and support partner.

The approach was phased, addressing the automation of bank reconciliations, cash flow forecasting, payments, and debt management in stages. This evolution has enabled the finance department to take on an active role in financial planning, liquidity management, and supporting strategic decision-making.

Growing without expanding the organization

One of the most significant outcomes of the process has been the Estabanell Group’s ability to absorb the growth in the number of companies and business volume without increasing the size of the finance team, thanks to the standardization and automation of key processes.

“Today we manage more companies, more banks, and more transactions with the same team. That’s only possible when processes are well-defined and supported by the right technology,” notes Fátima Luis.

Security and control in a critical environment

The centralization of payments and the direct connection with financial institutions have strengthened internal control, transaction traceability, and security in a sector that is particularly sensitive from an operational and regulatory standpoint.

At the same time, integration with the group’s transactional systems has improved the reliability of financial information, reducing risks and dependence on manual tasks.

People, training, and support

The transformation has been accompanied by an evolution in the financial team’s profile, incorporating skills in data analysis and technology, along with ongoing training programs. All CMS’s role as a specialized partner has been key to supporting the team through the various phases of the project and in the subsequent evolution of the solution.

The next step: intelligence and advanced reporting

With core processes automated, the group’s current focus is on advanced reporting, business-specific dashboards, and exploring artificial intelligence capabilities applied to financial data analysis, combining treasury information with corporate systems.

“True transformation occurs when technology frees up time and allows the finance team to think, anticipate, and add value to the business,” concludes the Chief Financial Officer of the Estabanell Group.

This experience highlights how a well-structured treasury, supported by specialized solutions such as Kyriba and partners with functional expertise like All CMS, can become a key pillar for scalability, control, and decision-making in growing organizations.