Financial Reporting (2)

Welcome to the Vena Solutions Financial Reporting Blog. From business insights to industry best practices, learn how to create accurate reports in less time. (2)

Why Are Dashboards Important to Performance?

November 17, 2021 |

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Top 3 Dashboards To Improve Financial Reporting

  When it comes to reporting, financial dashboards have emerged as an important part of the process. Acting as a powerful data visualisation tool, a financial reporting dashboard—such as one powered by Excel—shines at showing key pieces of data, visually t......

November 4, 2021 |

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How To Overcome 6 Horrors of Financial Reporting

When it comes to financial reporting, the horrors are real. Nightmarish realities, such as  disparate data systems and lack of security, can wreak havoc on your ability to effectively manage your business (don’t even get us started on manual data entry and......

October 28, 2021 |

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Top 15 Financial KPIs for Insurance

Climate change, an exploding housing market, and the aftereffects of the pandemic are all contributing to unpredictability in insurance markets. With potential economic stresses putting a strain on capital reserves and liquidity, insurers are under pressur......

August 31, 2021 |

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The Problem with Financial Reporting: The Long and Short of It

CFOs and their teams need to report on complex information on a regular basis, but what if no one’s really reading them? Financial reporting tends to be filled with all kinds of abbreviations and acronyms, whether they refer to industry regulations, key pe......

August 3, 2021 |

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It’s Time For Bi-Model IT to Meet Business Intelligence

When you were a kid, did anyone ever try to get you to rub your stomach in a circle while rubbing your head at the same time? Usually this results in a burst of laughter, because for some reason, doing two things at once is harder than it sounds. Don’t exp......

August 3, 2021 |

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Increasing the Trust Factor in Your Performance Data

If you don't have confidence in your final numbers or underlying processes, your plans aren't going to be informed….but you're not alone. Clench your stomach muscles. Take a deep breath, and hold it. Cast your eyes down so no one can see the expression on ......

August 3, 2021 |

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A Great Way to Get Good Marks on Your Financial Statements

A KPMG study suggests reporting could be a lot better than it is – particularly if more firms look at operational KPIs. We are getting to that time of year when kids are coming home with report cards, and smart parents know it’s not just the As and Bs that......

August 3, 2021 |

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7 Characteristics Of World Class S&OP Tools

Successful sales and operations planning (S&OP) processes are dependent on tools that can analyze data and present executives with the up-to-date information needed to make meaningful decisions. Well-functioning S&OP tools prevent executives from h......

August 3, 2021 |

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5 Reasons Why Finance Teams Need To Harness Their Data and Become Better Storytellers

Harvard professor Dr. Howard Gardner once wrote, “Stories constitute the single most powerful weapon in a leader’s arsenal”. It’s a statement that’s just as true for financial leaders as for anyone. But transforming financial professionals from reporters i......

August 3, 2021 |

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