Vena

We deployed this solution within our company to handle financial and accounting planning. It resolves our budgeting issues very easily. It is similar to Excel, so it is easy for us to use without any special training. Effective decision-making is crucial in budget planning. Building reports is really quick and easy. It is a game-changer that saves both our money and time through better financial planning and budgeting. It allows us to customise the workflows according to our needs. In addition to improving productivity, we can also automate the process.

• Money saver and time.
• Low maintenance and better productivity.
• High response or results.

Vena is by our Finance Department , along with HR and Operation , it supports our financial planning and analysis , including budgeting , forecasting , and management reporting .the big problem Vena solves is the manual spreadsheet work ,which is make our data more accurate .Users now can manage templates , and automate reports .before using Vena our data was a total miss because of users 's errors and false analyzes , thus Vena really solved a huge problem .Implementing Vena didn't take long actually , it's an easy implementing solution , the operation went smooth and easy Another thing Vena do is addressing key business challenges such as time-consuming budget cycles , data version control and real time visibility into performance metrics using great Excel-Based models

• Vena has reduced our budgeting and improved data which saved our finance team many hours for every month
• The platform helped data driven decision and improved financial performance .
• By automating reporting tasks , Vena freed up IT and finance resources to focus on analysis rather than data preparation

Workday Adaptive Planning

Vena is currently utilized for various financial forecasting activities, enabling budgeting and adaptive planning to ensure smooth unit operations. This is achieved by predicting and curbing overhead expenses through the early detection of unknown spending variations.

• The overall operational results in terms of returns have been fairly good.

Vena blends with the workflow quite well and it's main responsibility is to provide detailed report and information about viability of the manufacturing process adopted by considering the costing and analysis of all the factors involved including the client portfolio, raw materials, sales opportunities and all relevant factors necessary to forecast the end result.

• As of now the assessment has generally been in favor of Vena in terms of fiscal gains

Vena was deployed a few years ago accross the organisation to consolidate financial inputs from various departments that could assist Vena in determining the budgetary allocation and financial viability of loans and advances of various projects proposed by the industrial clients and whether the advances would turn profitable or not in the long term.

• We are still assessing the ROI based on recent decisions.