Financial Planning & Analysis

Welcome to the Vena Solutions Financial Planning and Analysis (FP&A) Blog. Learn about the latest trends in FP&A and discover ways to take your financial planning to the next level.

The Ultimate Guide to Scenario Planning

February 2, 2023 |

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3 Obstacles Holding Data-Driven Businesses Back—and 4 Ways To Solve Them

What does a truly data-driven business look like and how do you achieve it? That’s what the most recent installment of Vena’s The Exchange explored. Hosted by Nadia Petkova, Senior Director of Enterprise Information Management at Vena, the session gathered......

December 15, 2022 |

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10 Strong Reasons To Move Your Data and Store It in the Cloud

Do your legacy systems use on-premises data servers? If so, it may be time for your organization to move your data to the cloud.  From 2019 to 2020, data breaches decreased by nearly one-third, from 1,479 to 1,001 reported cases. Experts cite cloud migrati......

December 8, 2022 |

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13 Financial Planning Challenges To Overcome in 2023

Financial planning isn't as simple as moving your business from point A to point B because multiple variables, departments and players can drastically affect your business and its revenue throughout the year. Therefore, what you have on paper and what occu......

December 5, 2022 |

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The 7 Best FP&A and Financial Planning Software Tools for 2023

Modern finance needs modern tools.  To empower finance teams today, this means implementing a financial planning and analysis (FP&A) platform that delivers. But what exactly should you be looking for to keep your business on track? As the heartbeat of ......

December 2, 2022 |

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How To Integrate Your Existing Spreadsheets Into an FP&A Solution

Financial professionals have had only two options when managing FP&A spreadsheets for decades. They can stay the course and continue to use Excel as a stand-alone manual solution for financial planning and analysis.  Alternatively, they can replace spr......

November 24, 2022 |

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Black Friday FP&A Tips and Strategies To Increase Holiday Sales in 2022

Black Friday and Cyber Monday are almost here. The two biggest shopping days of the year are just around the corner. For consumers, it’s a great opportunity to save big—and for businesses, it’s a chance to drum up sales and finish the year on a high note. ......

November 23, 2022 |

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What Is Single Source of Truth and What Are Its Benefits?

Every organization uses data.  Financial professionals arguably manage the most sensitive data in the world—the information involving someone's personal and financial identity. That's why these companies especially need to consider adopting the single sour......

November 21, 2022 |

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How To Build a Finance Tech Stack That Works for You

Does your organization have a well-thought-out finance tech stack? You should—because chances are your competitors already do. According to this year’s PwC Pulse Survey, 49% of CFOs and 60% of all executives believe digital transformation initiatives will ......

November 16, 2022 |

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The Complete Guide to FP&A Automation

If you are considering a new FP&A automation solution, you’ve probably already been taking transformative steps toward enhancing your finance department’s operational performance.  Whether you're hoping to move from a world of legacy on-prem systems an......

November 3, 2022 |

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