Budgeting & Forecasting (2)

Welcome to the Vena Solutions Budgeting and Forecasting Blog. Discover how to reduce budget cycle times, improve your processes and plan with confidence. (2)

Predictive Budgeting: Everything You Need To Know

November 19, 2020 |

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How To Power Performance With Driver-Based Budgeting

What drives your business? As an organization, what’s going to move you towards success? And what metrics will you use to measure that success? Whether it’s traffic, demand, interest rates or even the weather outside, every business has its own unique set ......

November 12, 2020 |

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Report: 55% of Businesses Operate With a 12-Month Rolling Bottom-Up Forecast and Budget Process

Deciding which budgeting process is right for your company entails understanding how your business works and ensuring your budgeting method is a natural extension of it. Typically, most budgets fall under either a top-down or bottom-up category. But as rec......

November 6, 2020 |

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Top-Down vs. Bottom-Up Budgeting | Vena Solutions

When it comes to budgeting, where does your organization stand? Do you start at the top or build it from the bottom up?   While there are plenty of ways to go about your corporate budget, most fall under two categories: Taking either a top-down or a bottom......

October 20, 2020 |

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How To Build Budgeting Agility With Rolling Forecasts

Agility is crucial to any organization. It defines how your team works together—and how quickly it adapts. But organizational agility depends on the strategic and operational business processes used by your company. With the right agile processes in place,......

October 19, 2020 |

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How To Align Your Budget With Your Business Goals

Whether you’re playing a game of chess or helping to grow a business, strategy is key to making every move the right one. So how do you decide your next move when you have no visibility into the strategy at play? If you’re part of a finance team, you may f......

October 7, 2020 |

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The Benefits (and Drawbacks) of Zero-Based Budgeting

Zero. Zilch. Nada. However you say it, it’s not where most of us want to be. After all, who wants to begin from zero when you have a chance to start ahead of the game? Yet, over the years, companies from Texas Instruments to 3M have made starting from scra......

October 2, 2020 |

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40% of Finance Teams Don’t Perform Scenario Analysis When Forecasting, Survey Finds

According to the inaugural Vena Industry Benchmark Report, 40% of businesses don’t do any scenario modeling before making adjustments to forecasts. The new report draws from the insights of 350 business leaders and finance and operations professionals acro......

July 28, 2020 |

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The Ultimate Guide to Budgeting and Planning

Better budgeting and forecasting with Vena Discover how Vena’s budgeting and forecasting software can take your planning cycle to the next level. A business is in constant motion, and its executives are constantly planning how to be profitable—either in th......

January 24, 2020 |

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Infographic: 5 Budgeting Best Practices You Need To Start Using Today

The demands place on CFOs and finance departments are growing constantly. From reducing costs to driving growth, being able to meet these demands is a make-or-break factor for financial success, and a career-deciding one for CFOs. Better, smarter budgeting......

November 11, 2019 |

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