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.

How To Improve Your Financial Forecasting Accuracy in 30 Days

January 26, 2023 |

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The Ins and Outs of Trend Analysis in Finance

Finance, business and economics professionals use trend analysis to identify past and present patterns in the market in order to assess business performance and make forecasts regarding upcoming shifts.  This information is then used to improve strategies ......

September 20, 2022 |

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Tuition Planning and Forecasting Best Practices in Higher Education: Everything You Need To Know

With approximately 4,000 degree-granting colleges and universities in the United States, there are thousands upon thousands of finance professionals staffed with the responsibility of tuition planning and forecasting. 💡 Key Takeaways: Review your historic......

September 19, 2022 |

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6 Challenges of Budget Implementation (and Solutions To Overcome Them)

Have you ever spent weeks creating the perfect budget just to watch it slowly unravel mere days into the new fiscal year? Several common challenges of budget implementation can stunt your business growth. However, these issues are avoidable with the right ......

September 14, 2022 |

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5 Ways To More Effectively Prioritize Capital Expenditure Planning

When it comes to capital expenditures, there are several key questions to address: Why is effective capital expenditure planning so important? How do you create a capital expenditure budget? What’s the best approach to prioritizing expenditures? Without an......

September 12, 2022 |

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Streamlining Your CapEx Budgeting Process: A How-To Guide

Do you constantly find yourself fighting the capital expenditure budget process? Have you struggled to make changes because you’re too set in your ways? Have you come to realize that you can’t continue down the same path without compromising the future of ......

September 7, 2022 |

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5 Challenges To Expect During Cash Flow Forecasting

Cash flow forecasting is an absolute necessity, but that doesn’t always mean you’ll walk through the process without challenges or roadblocks. From data overload to inaccurate numbers to the need for many departments to come together, potential issues are ......

August 23, 2022 |

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

You’re at an inflection point. You’ve been a high-growth business—but now that growth has plateaued and your momentum has stalled. It’s the first time your teams have teams. They’re forming silos—each has its own processes and every day you hear, “We just ......

March 14, 2022 |

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