Case Study: Schuberg Philis cuts budgeting time from four months to two weeks with Vena Solutions

Schuberg Philis cuts budgeting time from four months to two weeks with Vena Solutions

Schuberg Philis, a leading Dutch provider of mission-critical IT services, faced a challenge with its manual Excel-based budgeting process. The company wanted to scale its planning to include more frequent cycles, multiple scenarios, and rolling forecasts. To move beyond the limits of spreadsheets and enable a more dynamic approach, they sought a new solution and evaluated several FP&A platforms, including Vena Solutions.

The company implemented Vena's FP&A platform with the help of a partner. This allowed them to automate scenarios, centralize data, and set up rule-based calculations. As a result, Vena Solutions helped Schuberg Philis dramatically cut its budgeting cycle from four months down to just two weeks, reduced the people needed for the process from three to one, and achieved a return on investment within a year.

Schuberg Philis