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. (2)

The Ins and Outs of Trend Analysis in Finance

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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3 Ways To Plan Ahead That Are More Reliable Than the Super Bowl Indicator

The nachos and chili are prepared, your favorite beer is chilled and ready to go. But before your watch party can begin you’ve got a choice to make. Who are you rooting for at this year’s Super Bowl? Now think twice before you decide. Because it turns out ......

February 11, 2022 |

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3 Steps To Protect Your Budget From the Supply Chain Disruption

The COVID-19 pandemic triggered a major supply chain disruption. Workforce volatility. Slowed movement of raw materials and goods. Emergency border restrictions. Changing trade regulations. More protective policies in manufacturing facilities. Increased in......

February 9, 2022 |

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From Naughty to Nice: 5 Ways To Create More Agile Budgets

If there’s one thing you can do to get on the nice list permanently within your organization, it’s having an agile budgeting process in place. Not only does this style of operational planning and budgeting lead to quicker decision making, it keeps an eye o......

December 22, 2021 |

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