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Vena Unified Financial Close Management [RDS] [FIN]

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UNIFIED FINANCIAL CLOSE MANAGEMENT Vena TM is a flexible, web-based application that was designed for Financial Close Management (FCM). And here's the amazing part - Vena leverages your existing spreadsheets, financial models and templates and wraps them in a structured, automated environment that reduces risk, accelerates your close, simplifies consolidations and enhances your reports. MONTHLY FINANCIAL CLOSE MANAGEMENT PROCESS CENTRAL DATABASE, WORKFLOW AND AUDIT FUNCTIONALITY CONSOLIDATE Currency translation Eliminations Automated company and top-side journals Non-controlling interest Rollup of entities and custom dimensions REPORT Financial and management reporting Financial analysis and dashboards Regulatory reporting and disclosure management CLOSE Data collection Close process workflow Account reconciliation Intercompany transactions Adjusting journal entries Close checklist management ERP Many companies today endure a difficult, time- consuming financial close that is comprised of a costly, high-risk process that repeats every month. Regulatory changes, rigid legacy systems that don't meet today's close requirements and time- intensive, error-prone manual processes all contribute to an inefficient close.

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