Case Study: UTAC accelerates global budgeting and improves reporting confidence with Vena Solutions

UTAC cuts budget consolidation from 3 hours to 15 minutes with Vena Solutions

UTAC, a global provider of automotive testing and mobility services, faced challenges managing its complex budgeting and forecasting processes across international operations. Using fragmented Excel spreadsheets without an audit trail led to low confidence in the numbers and required hours of manual consolidation. To address this, UTAC selected Vena Solutions and implemented the Vena planning platform.

With Vena, UTAC achieved a fast implementation and created a unified planning environment. The solution provided an audit trail and self-service reporting capabilities, dramatically reducing budget consolidation time from three hours to just fifteen minutes. Vena Solutions enabled UTAC to build confidence in its data, save significant time on reporting and free up its FP&A team to focus on strategic initiatives.

UTAC