Financial Close

5 Steps To Simplify Your Month-End Close Process

September 15, 2021 |

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5 Ways To Streamline Your Financial Closing Processes

Has the time come to improve your financial closing processes? Are you done with the days (and weeks) of wasting time, stressing out and still coming up short? Nobody can tell you exactly how to improve financial closing processes at your company, but ther......

September 10, 2021 |

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Report: Only 35% of Businesses Have an Automated Process for Data Consolidation

Data takes center stage when it comes to driving the modern finance function, yet according to recent findings in the 2020 Vena Industry Benchmark Report, most finance teams are struggling to access it.  Out of the 350 business leaders and finance and oper......

September 4, 2020 |

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How Capstone Infrastructure Accelerated the Month-End Close Process

With Vena, Capstone’s finance team followed three simple steps and cut month-end close times in half.   The month-end close process can be a real drag. Copying data from the general ledger (GL), reconciling accounts manually and consolidating financial sta......

July 2, 2020 |

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Ease of Use the #1 Driver of BPM Software Success, Survey Finds

According to a recent survey from advisory firm BPM Partners, finance teams rank usability as the most important aspect of a business performance management solution. The 2020 Pulse of Performance Management Survey—which polled 336 finance professionals an......

June 17, 2020 |

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The Ultimate Guide to Account Reconciliation

Account reconciliation made easy Automate your account reconciliations and accelerate your month-end close with Vena. 1 What is Account Reconciliation? 2 Reconciliation Processes 3 Account Reconciliation and Full-Spectrum FP&A 4 Manual Reconciliation v......

July 10, 2019 |

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What Happens When the Financial Close Becomes A ‘Non Event’

CFOs and their teams work hard to meet their deadlines today, but priorities will change as they see themselves as extensions of the CEO’s capabilities.  When you finish the financial close, what happens next? Some finance teams might want to break out the......

December 13, 2016 |

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Consolidation Lessons from the Cupcake Business

Keeping up with demand adding automation and workflow in financial consolidations. It always fascinates me to hear how so many successful companies today started in someone’s basement or garage. Bill Gates, Steve Jobs and the Hewlett-Packard duo are world ......

June 22, 2016 |

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How to Overcome the Barriers to Automated Account Reconciliations

“Change before you have to” – Jack Welch If you believe it’s better to stick with “the devil you know,” it may not be surprising that so many finance departments continue to endure the hellish nature of manual account reconciliation. This is the thing abou......

March 4, 2016 |

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This is Why There’s No Such Thing as ‘Good Enough’ Account Reconciliation

If account reconciliations were a game, Marc Ursick would be the guy who always plays to win. A CPA and consultant, Ursick published an article in the Journal of Accountancy this past November that tried to achieve the seemingly impossible: make account re......

February 3, 2016 |

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