Case Study: Large Regional Bank achieves instant data consolidation and streamlined budgeting with Vena Solutions

Central data repository automatically consolidates data for immediate use

A regional U.S. bank (500+ employees, >$3B revenue) faced a slow, error-prone budgeting process driven by an Access database that generated dozens of Excel templates which were emailed to every branch. Hundreds of users returned uncontrolled spreadsheets that required manual copy‑and‑paste into the database, creating versioning issues, data errors, and lengthy consolidation cycles.

Vena implemented a central data repository that connects to the bank’s GL and PeopleSoft, links live Excel templates to a single source of truth, and uses a workflow engine to assign and track tasks. The solution eliminated mass emailing and manual uploads, consolidated data automatically in seconds, improved accuracy and visibility, and freed the Finance team to focus on higher‑value work.