Case Study: iPSL completed budgets and forecasts 66% faster with Vena
Key results
The challenge
iPSL, a payment processor serving banks and financial services firms, ran manual Excel-based budgeting that caused delays, data errors and inconsistent reporting across departments. A six-week planning cycle meant data was outdated by the time it was delivered.
The solution
iPSL deployed Vena's platform with its native Excel interface, integrated with its NetSuite ERP, to centralize data, standardize reporting and enable cross-functional collaboration.
“This is not just an off-the-shelf solution. You can build your data models yourself in the way that you need them for your business.”
LSLaura SzreiderDirector of Finance, iPSL
The results, in context
Budgets and forecasts were completed 66% faster, dropping from six weeks to 10 days. Real-time access to live financial data enabled more agile planning, and the platform reached 100% adoption across the business.