Budgeting & Forecasting

Welcome to the Vena Solutions Budgeting and Forecasting Blog. Discover how to reduce budget cycle times, improve your processes and plan with confidence.

3 Most Common Budgeting Mistakes Made by Small and Medium-Sized Businesses

March 14, 2022 |

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3 Ways To Plan Ahead That Are More Reliable Than the Super Bowl Indicator

The nachos and chili are prepared, your favorite beer is chilled and ready to go. But before your watch party can begin you’ve got a choice to make. Who are you rooting for at this year’s Super Bowl? Now think twice before you decide. Because it turns out ......

February 11, 2022 |

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3 Steps To Protect Your Budget From the Supply Chain Disruption

The COVID-19 pandemic triggered a major supply chain disruption. Workforce volatility. Slowed movement of raw materials and goods. Emergency border restrictions. Changing trade regulations. More protective policies in manufacturing facilities. Increased in......

February 9, 2022 |

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From Naughty to Nice: 5 Ways To Create More Agile Budgets

If there’s one thing you can do to get on the nice list permanently within your organisation, it’s having an agile budgeting process in place. Not only does this style of operational planning and budgeting lead to quicker decision making, it keeps an eye o......

December 22, 2021 |

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3 Questions Your Nonprofit Board Will Ask About Your Grant Management (and How To Get the Answers)

Are you ready to present your financials to your board of directors at your upcoming end-of-fiscal-year board meeting? The meeting agenda will likely include reviewing your nonprofit financial statements and grant reports, approving next year’s KPIs and si......

December 1, 2021 |

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How To Run an Effective Budgeting Process in 11 Steps

As we roll through the beautiful days of autumn, it’s hard to believe that our year is almost nearing its end. With the last quarter of the year upon us, it’s time to push the annual budgeting cycle full steam ahead. Are you ready to complete your budget f......

November 1, 2021 |

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Why the Evolution of Financial Forecasting is Picking Up Speed

CFOs are becoming more proactive about helping organizations see what the future holds.  Clark Patterson Lee sounds like it’s in good hands with Jen Rees. The architectural and design firm’s CFO was among the financial leaders recently profiled in the Roch......

August 3, 2021 |

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Why CFOs Need To Bring Planning, Strategy and Budgeting Together

It’s not just a matter of choosing the right technology. Financial leaders also need to think about aligning resources with corporate objectives.  Which comes first: the budgeting software or the budget plan? This may seem like a fairly obvious chicken-and......

August 3, 2021 |

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Budgeting & Forecasting the Top Priority for 76% of BPM Software Users, Survey Finds

As the modern finance function continues to evolve, teams are relying on BPM solutions for better budgeting, forecasting and reporting. A new survey reveals that finance teams are most interested in budgeting and forecasting functions from their business p......

August 3, 2021 |

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How To Optimize OpEx Budgeting for a Hybrid or Fully-Remote Work Environment

The COVID-19 pandemic has changed the business world forever, with one of the drastic and more obvious after-effects being the shift toward remote work. According to this report from Global Workplace Analytics, 82% of employees in the U.S. want to continue......

May 25, 2021 |

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