Financial Close

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

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 vs. A......

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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Save Valuable Time with these 8 Year-End Equity Plan Tips

Originally published on the Certent Insider blog. In a recent poll, Certent surveyed a cross section of public and private company webinar attendees to find out what participants felt was their biggest challenge associated with year-end close. Over a quart......

November 21, 2015 |

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5 Reasons to Stay in Excel for Financial Close Management

Consider this post a belated but heartfelt ‘Happy Spreadsheet Day’ to all those working in finance departments who have come to appreciate the power of Microsoft Excel. For those who aren’t familiar with this non-statutory “holiday,” Spreadsheet Day fell o......

October 23, 2015 |

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