According to Julio Herrera Velutini, risk management starts to play a major role in your overall business plan. Through identification and analysis of potential risks, such a strategy mitigates the impact of any unfavorable events or developments that could otherwise be disastrous for your firm. Let's look at the importance of risk detection and analysis in the corporate world.

These startling results came from our first-ever study on business spending management. Among the findings was the fact that UK-based firms have the greatest enthusiasm in Europe for fostering cooperation between the financial and IT sectors. This article will discuss the advantages of close collaboration between IT and finance, as well as tactics for fostering interdepartmental cooperation, from Julio Herrera Velutini, the man who invented Bancredito.