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  • 1.  🗓🌱 Upcoming Events This Month!

    Posted 01-10-2022 10:31
    Hello Everyone!

    As we're heading into our 2nd full week of 2022, I'd like to remind everyone of the exciting events happening in the coming weeks!

    On January 11 (that's tomorrow 👀) there will be a Community Connect event that focuses on best practices about all things budgeting and forecasting. Event info here:
    ➡️ Community Connect: Plan To Hit Plan

    On January 12 (this coming Wednesday) there will be a CFO Confidential event discussing the leading role that finance plays in driving business performance and how finance executives can better position themselves to power organizational growth. Event info here:
    ➡️ CFO Confidential: The Rise of Strategic Finance

    On January 20 (next Thursday) there is a virtual meetup event where you can network with fellow finance leaders on financial reporting processes with automation and visualization tools. Event info here:
    ➡️ The Financial Reporting Meetup

    ✅ Did you know that these events are also listed in the Events section of the Forums? Stay up to date by regularly checking in because we'll be compiling all upcoming events so you won't miss out!

    As always if you have any questions please feel free to reach out to me or anyone on the Vena team! Or, if you have any questions you would like us to relay to the Events team, let us know!

    Have a great week everyone! 😄

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    Irene Tang
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  • 2.  RE: 🗓🌱 Upcoming Events This Month!

    Posted 01-13-2022 14:28

    Hello everyone!

    As we're finishing off the week, I wanted to take the time to look back at the events that have happened so far.

    We had our first Community Connect of 2022 and saw some familiar names on that call! There were some great takeaways that I wanted to share and see if there are any other community members who wanted to weigh in.

    • Simplify the process: consider adding users as "watchers'' instead, and avoid over-complication with too many steps. Keep things simple.
    • Visibility on costs and budget: implement a process where department managers can see budgets and have ownership & accountability. This will help streamline forecasting and management of costs.
    • Implementation advice: communication, bringing end users along for the process, and ensuring user adoption! One additional recommendation is to run the legacy process concurrently with the Vena solution to compare and check (thanks for this awesome tip, @Brandon Combs!)


    As an     exclusive to you 👀, our founding Forum members, we're giving you an insider look at the conversations had during the CFO Confidential!

    • Understand the business you're a part of before looking at the financial statements to be able to make informed decisions. That may look like meeting with the front-line operations team to give context to the business! 
    • Have the mindset of challenging the status quo and "never being satisfied". This will push for innovation and plan for what needs to be done next. Is that hiring more people? Implementing new processes? Changing current systems?
    • Avoiding pitfalls in strategic finance: training is key! When there are changes to a system or process, there is a chance for confusion which can be mitigated through training.

    This is a lengthy post, so thank you if you've made it this far 👍! If you're still reading this, and want to continue the conversation, here are my questions for you!

    ➡️ Do you have any other budgeting, forecasting, or even implementation tips you want to share?

    ➡️ Are there any stories of "challenging the status quo" that has led to a personal or professional "win"?

    Thanks all!

    ​​

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    Irene Tang
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    Original Message


  • 3.  RE: 🗓🌱 Upcoming Events This Month!

    Venanite
    Posted 01-18-2022 12:38

    Hello Everyone!


    Rolling with Irene's great thread, we have another special (CPE/CPD) eligible virtual event happening this week on January 20th: The Financial Reporting Meetup.

    This has been one of our most attended meetups in the past and we're excited to bring it back so we can exchange new learnings around financial reporting processes with automation and visualization tools.


    ✅ RSVP by going to our Events page and save your virtual seat

    ✅ Continue the conversation after the event by coming back this thread to share your thoughts or ask questions


    Reply here for any Q's. Hope to see you there!



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    Truman Tang
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    Original Message


  • 4.  RE: 🗓🌱 Upcoming Events This Month!

    Posted 01-21-2022 11:22

    Hi All!

    I wanted to share a quick recap of the Financial Reporting Meetup from yesterday, specially for our Founding Forum members! Below are a couple takeaways from the meeting and thought starters for everyone to continue the conversation!

    ✅ Automation of reporting is helpful in saving time as well as maintaining data integrity. It allows for more time to be spent analyzing data vs. manually creating reports.

    ✅ Check security permissions in reporting to ensure the correct audience receives the reporting.


    Thought Starters:

    ❓ What are your reporting pain points and what processes have you implemented as a solution?

    ❓ What tools do you use for visualization? Tableau? PowerBI? Other?


    ➡️ Also, check out The Ultimate Guide to Financial Dashboards for further reading!

    Please feel free to weigh in. I'd love to hear your thoughts and see if anyone else in the forums shares the same views or can share their insights!



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    Irene Tang
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    Original Message