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.

The 7 Best Budgeting and Forecasting Software Tools for 2023

May 29, 2023 |

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Annual Budgeting Best Practices

Annual budgeting is often a dreaded process, even for many finance professionals who are experts at creating them. But the idea that budgeting has to be a chore can be harmful to the potential growth of your business. Budgets are more than just a way to tr......

March 28, 2023 |

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The Ultimate Guide to Budgeting and Forecasting

All businesses engage in budgeting and forecasting activities to some degree—and if you’re an executive, finance leader or operations professional, improving your budgeting and forecasting processes should always be a top priority. Budgeting and forecastin......

March 28, 2023 |

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How To Build Your Own Automated Budget Spreadsheet

There are several automated budget spreadsheet programs available, but most organizations use some sort of spreadsheet, such as Excel, to make their budgets. Unfortunately, these programs lack the intuitive tools needed for accurate and complete reporting.......

February 15, 2023 |

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Discounted Cash Flow Model - Everything You Need To Know

A discounted cash flow (DCF) model is essential for CFOs looking to make intelligent business decisions for today with insights from the future. It’s almost as though people expect us finance professionals to be fortune tellers.  And maybe we are.  The DCF......

February 9, 2023 |

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How To Improve Your Financial Forecasting Accuracy in 30 Days

Financial forecasting accuracy is one of the most critical aspects of successful business scaling. Ultimately, understanding where your business is going and how your business is doing informs management about essential decisions related to hiring, expansi......

January 26, 2023 |

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How Much Should You Spend on Advertising and Marketing Your Business?

How much should you spend on advertising your business? While it's a common question, pinning down a cohesive answer is difficult because there are critical thinking elements behind each advertising decision and the budget a business needs to carry it out.......

January 24, 2023 |

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Top-Down vs. Bottom-Up? What You Need To Know To Build Your Budgeting Process

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......

December 9, 2022 |

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6 Lessons From SaaS Leaders To Help Navigate Times of Change

In an economic environment that’s turbulent and prone to change, finance leaders need to be ready for anything. That’s true across industries, but even more so in the fast-paced Software-as-a-Service (SaaS) sector, where business can shift on a dime when p......

December 1, 2022 |

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8 Features Your Budgeting Software Absolutely Must Have

Companies of various sizes in a myriad of industries that implement computerized accounting and budgeting software require specific features to meet the needs of their organization. Some have integrated supply chain management, MRP, CRM or other software t......

November 9, 2022 |

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