How can you build flexible financial management, optimise resources, and make more accurate decisions in real time?

The answer is Lucanet’s extended financial and operational planning and analysis solution.

Join Balkan Services’ free webinar on “ Effective strategic decisions through extended planning and analysis (xP&A)” which will take place on October 9, 2025, at 3:00 p.m. via Zoom.

At the event, we will demonstrate Lucanet’s xP&A – extended planning and analysis solution. It combines data from different sources into a single platform, makes forecasts using artificial intelligence, and automates report generation to give financial experts confidence and flexibility in management.

The specialised software is designed for the needs of finance teams and analysts, providing rapid integration between financial, operational, and strategic data without complex IT dependencies. Lucanet xP&A helps you make informed decisions based on key metrics and real-time forecasts.

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During the webinar, you will learn:

• What is Lucanet’s integrated financial and operational planning and analysis solution;
• How can you make more informed decisions by connecting financial and operational data from all key activities in the company: production, finance, HR, marketing, sales, IT;
• How to improve the accuracy of forecasts and reports;
• How to reduce manual work and the risk of errors;
• How to increase transparency and control over financial and operational planning processes;
• Practical examples and demonstrations of Lucanet’s functionalities.

Who is this webinar suitable for?

For CFOs, controllers, business analysts, and anyone who wants to optimise financial and operational planning and analysis processes in their organisation.

The event will be hosted by Antonina Moteva – Managing Financial Systems and Solutions Consultant, Lucanet Certified Professional, and Desislava Bulgaranova – Principal Consultant Finance Systems and Solutions, Lucanet Certified Professional and partner at Balkan Services.

Participation is free of charge, but requires prior registration.

Register >

Places are filling up fast – reserve yours now!

We look forward to seeing you on October 9 at 3:00 p.m. via Zoom!

How can you save time, reduce manual work and have full control over the financial reporting process?

Join Balkan Services for a free webinar on June 5, 3:00 p.m., on “Financial Report Automation: Enhancing Accuracy and Improving Control”.

The presenter of the event will be Vanya Yordanova – Managing Disclosure Management & XBRL Consultant. She will demonstrate how using the specialized Lucanet Disclosure Management solution you can automate the preparation, validation and formatting of financial and management reports.

Date and time: June 5, 3:00 p.m.
Platform: Zoom
Lectоr: Vanya Yordanova

Lucanet Disclosure Management streamlines and significantly shortens the process of preparing financial and non-financial reports while providing the ability to validate and tag the data within them.

The solution helps financial statement preparers quickly, easily and accurately produce required documents, whether they contain text, tables, charts and infographics, consistent with visual layout requirements. The software facilitates the work of companies required to report their financial results to regulators and/or other institutions and stakeholders.

During the webinar, you will learn:

• What the Lucanet Disclosure Management solution is;
• How to increase the accuracy of reports, minimize manual work and opportunities for errors;
• How to improve transparency and traceability of changes in reports;
• How to quickly and easily format and produce reports aligned with regulatory requirements and company visual branding elements;
• How to improve controls over reporting processes;
• Hands-on examples and demonstrations of Lucanet functionality.

Who is the webinar suitable for?

The webinar is suitable for finance and non-finance professionals who prepare financial and non-financial reports and want to improve reporting processes.

Participation in the webinar is free, but pre-registration is required.

Register here > >

Seats are filling fast, so hurry to reserve yours!

We look forward to seeing you on June 5 at 3:00 pm on Zoom!

Did you know there’s an easier and faster way to prepare consolidated financial statements?

LucaNet’s dedicated financial management solution significantly improves and simplifies company reporting by automating financial consolidation, planning, and reporting processes.

In a 60-minute webinar, we will demonstrate how the collection, unification, and consolidation of financial data can be performed quickly and error-free using LucaNet.

WHEN: June 13, 2024, 3 p.m.

See how using the CPM solution for finance you can:

• Accelerate financial close and consolidate up to 5 times;
• Reduce financial data errors by up to 70%;
• Increase transparency of financial information by up to 90%.

During the webinar “How to Reduce Financial Consolidation Time?” we will cover the topics:

• Financial Data Collection and Validation
• Reconciliation of intragroup transactions and balances
• Data adjustments against group policy and applicable standards (GAAP Adjustments) and currency translation
• Automation of the financial consolidation process and intra-group eliminations
• Preparation of consolidated financial statements
• Financial reporting with LucaNet

Who is the webinar suitable for?

This event is designed for CFOs, managers, controllers, and accountants involved in the preparation of consolidated financial statements.

Presenters:

Antonina Moteva – Senior Financial systems and solutions consultant at Balkan Services

Galina Nankinska – Financial Consolidation and Planning Consultant at Balkan Services

Alla Ishchuk – Channel Sales Manager at LucaNet AG

Participation in the webinar is free of charge, but registration is required.

Register here >

*LucaNet is a comprehensive CPM (Corporate Performance Management) platform for finance that automates financial consolidation, financial planning, and reporting processes.

On the 05^th of October, a free webinar will be held on “How to implement quick and easy ESG?”, organized by Balkan Services and our long-time partner LucaNet.

When:05.10.2023, 15:00 h.

Duration: 1 hour

Platform: GoToWebinar

Organizations need to be increasingly sustainable, socially responsible, and environmentally friendly. To prove this and monitor their progress, from 2024 many companies are required to prepare and submit ESG (Environmental, Social, and Corporate Governance) reports.

LucaNet*, a dedicated financial management solution, makes it much easier and faster to meet the requirements of the European Corporate Sustainability Reporting Directive (CSRD).
 

Who is the webinar suitable for?

The free online event is designed for professionals and managers responsible for ESG reporting in the company.

During the one-hour webinar, we will summarize highlights of the topics:

• Key Regulatory Highlights.
• Is your company required to file ESG reports and when exactly?
• How to facilitate ESG reporting with LucaNet?

Speakers:

• Desislava Bulgaranova – Principal Consultant Finance Systems and Solutions and Partner at Balkan Services, LucaNet certified professional
• Antonina Moteva – Senior Financial systems and solutions consultant at Balkan Services, LucaNet certified professional
• Vanya Yordanova – Senior Disclosure Management & XBRL Consultant at Balkan Services

There will be time for Q&A at the end of the program!

Participation in the webinar is free, but pre-registration is required.
 

Register here >

* LucaNet is a comprehensive CPM (Corporate Performance Management) platform for finance that automates financial consolidation, financial planning, and reporting processes.

On the 6th of July, in partnership with our long-time partner and leader* in BI solutions – Qlik, we will hold a webinar “Fast and accurate management analytics with Qlik Sense”.

Join our free webinar and find out why and how to take your business analytics to the next level with the Qlik Sense BI system!

When: 06.07.2023, 15:00 h

Where: zoom

Invest an hour now to save time making the right decisions in the future!

From the event you will find out how you can help grow your business with Qlik Sense, a new-generation business analytics tool. Speakers with extensive international experience will share with the audience the importance of Business Intelligence (BI) and what benefits it brings to an organization.

In a live demonstration of Qlik Sense, you will see visually how in today’s highly digitized world you can rely on BI to make quick and informed decisions. From the webinar, you’ll also understand why it’s important for a BI system to enable interactive analytics so that users get the information they need here and now.

At the end of the event, the largest Qlik integrator in Romania will share real experiences from projects with international customers.

From the webinar you will learn:

• What Business Intelligence (BI) is and why is it important for your business
• What it means to have a comprehensive BI system providing accurate data
• How valuable is the information contained in the vast amount of company data
• Why over 38,000 companies worldwide trust Qlik
• How Qlik Sense differs from other analytics platforms
• The latest trends in business analytics platforms
• Learn more about the experience of international BI experts

Who is the event suitable for?

The webinar is suitable for owners, managers and key figures in the company who need quick and informed decisions, more frequent business planning and adaptation to dynamic economic conditions.

Participants

• Boyana Likomanova-Dimova – Head of Business Solutions & Consulting and Partner at Balkan Services
• Vincenzo Esposito – Master Principal Enterprise Architect at Qlik
• Lukas Lohmann – Solution Architect at Qlik

Working language of the event – English.

Q&A time at the end of the program!

Participation in the webinar is free, but requires pre-registration.

Register here >

* Qlik is a leader in the Gartner Magic Quadrant for BI and Data Analytics for the 13th consecutive year

In the last financial year, all public companies in Bulgaria, obliged to prepare their annual financial statements in the European Single Electronic Format (ESEF), had to tag only their “four main forms”. For financial years beginning on or after January 1, 2022, the tagging of the notes to the financial statements is mandatory .

The new challenge in the preparation of the ESEF reports is the text block tagging of the notes, which will significantly affect the reporting process.

In a free webinar, held on November 3^rd, representatives of Balkan Services will introduce you to the methodology of text block tagging of disclosures, as well as the new functionalities of the AMANA XBRL Tagger .

During the webinar “Getting Ready for What’s New in ESEF Reporting” we will cover the following topics:

  1. Changes and updates to the ESEF Reporting Manual
  2. AMANA XBRL Tagger — new functionalities
  3. Tagging in Word
  4. Tagging in PDF
  5. Tagging a report in another language

WHEN: November 3, 2022, 3:00 p.m.

Speakers:

• Antonina Moteva — Senior Financial systems and solutions consultant at Balkan Services. Antonina has 6 years of experience in the field of financial auditing and 5 years as a corporate finance manager.
• Volen Dimitrov — Financial systems and solutions consultant at Balkan Services, who has 10 years of experience in the field of financial auditing.

The event is suitable for representatives of public holding companies: CFOs, chief accountants, compilers of financial statements, investor relations directors, management of companies whose securities are admitted to trading on a regulated market.       

The webinar participation is free of charge but requires a prior registration.

Register here >

The ESEF standard poses an obligation on listed companies to publish their annual consolidated financial statements in iXBRL format. In all EU Member States, such reports must be reviewed or audited before presentation.

Both the presentation and the auditing of ESEF-compatible financial statements are only possible with specialized software.

On 29.09, 4:00 pm we will hold a FREE WEBINAR to demonstrate how auditors can verify and validate their clients’ iXBRL reports using the certified tool AMANA XBRL Auditor.

The event is suitable for audit companies and independent auditors.

WHEN: 29^th of September, 4:00 pm

Richard Bössen*, an XBRL expert managing the development and evolution of the XBRL products of AMANA Consulting, will demonstrate the certified tool AMANA XBRL Auditor.

Language of the event – English.

The agenda includes time for questions and answers at the end of the event!

The webinar participation is free of charge but requires prior registration.

Register here >

* Richard Bössen is an XBRL expert and managing the XBRL products at AMANA consulting. The solutions developed by Richard and his team are used by hundreds of companies across the EU as well as supervisory authorities and audit firms.

Additionally, Richard is seconded to EFRAG (European Financial Reporting Advisory Group) and helps implementing the new European CSR standard (Cor­po­rate Sus­tai­na­bi­lity Re­por­ting).

Internationally, Richard is a well-known member of many XBRL working groups and a board member of the XBRL CH organization.

Balkan Services and the Bulgarian Stock Exchange invite you to a free webinar “Annual financial report, compatible with ESEF and iXBRL, in no time!”, which will be held on June 24 at 16:00 in Zoom.

The ESEF (European Single Electronic Format) is a standardized electronic format for presenting financial statements across the EU, which will serve to unify the information in the financial statements from 2020. iXBRL and XHTML statements are created using special XBRL certified software.

How do the regulations change the presentation of the financial statements of public companies and since when do the innovations for Bulgaria come into force?

Why was XBRL introduced as a mandatory format for presenting consolidated financial statements?

Can companies convert the consolidated financial statements to XBRL format themselves?

We will answer these and more questions at the online event, and demonstrate how companies can prepare their own ESEF-compliant annual consolidated financial report themselves using the certified instrument XBRL Tagger.

The event is suitable for CFOs, chief accountants, compilers of financial statements, investor relations directors, management of companies whose securities are admitted to trading on a regulated market. The webinar can also be useful for auditors.

WHEN: 24-th June, 16:00

HOST: Miroslava Belcheva, Senior Financial Consolidation and Planning Consultant at Balkan Services

Miroslava has over 25 years of experience in the field of finance, holding positions as CFO, Chief Accountant and Financial Consultant.  She applies her many years of experience in structuring the processes of financial consolidation and planning.

The agenda includes time for questions and answers at the end of the event!

The webinar participation is free of charge but requires a prior registration.

The third webinar part of the series of events, hosted by Balkan Services, will be held on May 21 at 3. p.m., where we will share recommendations on current topics and good examples in order to help companies reorganize the workflow and facilitate their adaptation to the new working conditions. During the “Fast analysis and decisions – Ficosota’s good example” webinar, a representative of our long-term client will talk about the important steps taken by the company in order to respond in the best way to the current situation and to show how business management systems and data analysis helped making fast decisions.

Why you should participate

Within 30 minutes, our special guest Stefan Kemenchedzhiev—Business Analysis and Reporting Manager at Ficosota will share how the company has become a good example when it comes to timely and adequate preparation, fast and flexible reaction and adaptation of the processes to the “new normal”. There will be time to answer questions from participants.

Thanks to the online event you will learn:

• What the first crisis measures that Ficosota takes are;
• How the company deals with the faster and short-term planning, caused by the crisis;
• How the daily analyzes in the company change and why;
• What makes Ficosota remarkable in terms of digitization and data management.

Who is the webinar suitable for

The event is suitable for owners, managers and key individuals in the company who need to make quick and informed decisions, as well as implement more frequent business planning and adapt to the dynamic economic conditions.

When: May 21 at 3 p.m.

Duration: 45 minutes

Participants:
Stefan Kemenchedzhiev—Business Analysis and Reporting Manager at Ficosota
Boyana Likomanova-Dimova—Head of the BI Department and Partner at Balkan Service
Dimitar Prodanov—BI Solution Architect and Partner at Balkan Services 

The participation in the webinar is free of charge but requires a prior registration.

REGISTER HERE!

After completing the registration form, you will receive a confirmation email. We will also send you a reminder email containing a direct link to access the event.

Stefan Kemenchedzhiev is a Business Analysis and Reporting Manager at Ficosota. He has been working at the company for 13 years and his expertise is data analysis and report preparation for planning needs in each company unit.

About the company: Ficosota is one of the largest Bulgarian companies for fast moving consumer goods. The company works in the following areas: food, hygiene and sanitary products, cleaning and laundry detergents. The company portfolio includes the following brands: Savex, Milde, Emeka, Teo, Puffies, Maretti, Livity, My Motto. Ficosota was established in 1994 and currently the company is present in over 70 markets on 6 continents, it has 6 factories in Shumen, as well as offices in Bulgaria, Romania, Ukraine and New York. The company employs over 1300 people. In 2011, the manager of Ficosota, Krasen Kyurkchiev, received the Entrepreneur of the Year award at the European Business Awards.   

Balkan Services and BAMCO would like to invite you to a free webinar entitled “Budget restructuring in times of crisis and execution monitoring”, which will be held on April 23rd at 3 p.m.

When a company budget is made in a normal business environment, there is a need for immediate steps in order to update it in times of crisis. The first action companies typically take is to cut costs. Although one of the most effective approaches, cost optimization is not enough. It should be part of complex actions related to sales review, cash flow optimization and strict control over receivables and obligations, investment policies, effects and external financing consequences.

Why you should participate

From the webinar, you will learn how to restructure the company budget so that it reflects the negative effects of the crisis at hand and how to take the necessary measures to be able to work in extraordinary conditions, as well as how to closely control the strict implementation of that budget.

During the webinar we will share our professional experience in the following areas:

• How to optimize the financial planning process;
• What are the benefits of the budget versions (scenarios);
• Whether the risks and threats regarding your business can be assessed.

Who is the webinar suitable for

The webinar is intended for CFOs, analysts, controllers, accountants and anyone operating in the field of finance.

WHEN: April 23rd at 3 p.m.

SPEAKER: Miroslava Belcheva

The webinar participation is free of charge but requires prior registration.

Watch the webinar

After completing the registration form, you will receive a confirmation email. We will also send you a reminder email containing a direct link to access the event.

Miroslava Belcheva is Senior Financial Consolidation and Planning Consultant at Balkan Services. She has over 25 years of experience in the field of finance in positions such as CFO, Chief Accountant and Financial Advisor. She applies all that rich experience when taking care of the structure of financial consolidation and planning processes.

The Bulgarian Association of Management Consulting Organisations (BAMCO) is a leader in the development of management consulting as a profession driving social and economic success forward. The Association unites and represents professional consulting firms and certified consultants. BAMCO is a member of the International Council of Management Consulting Institutes (ICMCI, CMC Global) and is the only organisation in Bulgaria which has been accredited to award the CMC qualification. The CMC, or Certified Management Consultant, qualification is a testament to professional skills and knowledge as well as to the quality of the services.