Case Study: Leading North American Mining Company achieves faster, more accurate month-end closes with Vena Solutions

Dynamic templates help create more accurate month-end close reports

A leading North American mining company (1300+ employees, US$900M+ revenue) struggled with a slow, error-prone month-end close: bank balances sometimes differed from the GL because cheques hadn’t cleared, information couldn’t be rolled forward between templates, spreadsheets were uncontrolled and at risk of loss, and there was no formal workflow to track changes or task status.

Vena connected to the company’s Ellips GL and a central, secure repository so dynamic Excel templates and models update automatically. A separate sheet for uncleared cheques rolls into month‑end templates, an audit trail records all edits, and a workflow engine plus automated notifications enable task assignment and approvals. The result: hours of manual work eliminated, reconciliations automated, greater data accuracy and visibility, and faster, more controlled decision-making.