Case Study: Liberty Bank speeds budgeting and planning by 25% with Vena Solutions

Liberty Bank Builds FP&A Function from Scratch and Speeds Processes by 25% With Vena

Liberty Bank needed to build its first formal FP&A function and create the budgeting, forecasting, reporting, and workforce planning processes to support it. Before working with Vena Solutions, the bank spent 7–10 days just aggregating information for the annual budget process, with little time left for analysis.

Vena Solutions implemented its FP&A platform to streamline budgeting and planning, helping Liberty Bank establish a more structured finance process. The result was at least a 25% reduction in time spent on budgeting and planning, with the annual budget aggregation cut from seven days to one, giving the team more time for deeper financial analysis and better support for business partners.

Liberty Bank

Jeff Culp

SVP and CFO of Business Transformation