< Back to all clusters
[BUSINESS] · Spain, Panama · 2 sources

started · updated

Financial technology and automation focus in Valencia and Panama

In Valencia, Spain, companies Dost and Perk organized a meeting for financial directors and controllers to discuss the integration of artificial intelligence and automation in financial management. The event focused on reducing 'invisible work'—such as manual invoice entry, expense reviews, and payment reconciliation—to allow finance teams to focus on strategic decision-making rather than data entry.

In Panama, the importance of automated payroll systems is being highlighted due to the legal and financial risks of manual processing. The Social Security Fund (CSS) recovered $23 million in employer arrears in 2025 and filed hundreds of criminal complaints regarding the improper retention of quotas. Automated systems are noted as essential for correctly calculating CSS employer-employee contributions and the mandatory 'Décimo Tercer Mes' (Thirteenth Month) payments to avoid legal penalties.

Entities

Caja de Seguro Social · Dost · Panama · Perk · Valencia