Case Study: Kansas City Chiefs cut gameday settlement reporting by 95% with Vena
Key results
The challenge
The Kansas City Chiefs used three separate systems for budgeting, financial statements and reporting, forcing manual data consolidation, multiple spreadsheet versions and inefficient workflows. Gameday revenue settlements took up to four hours and departmental reports were static snapshots.
The solution
The organization adopted Vena's Complete Planning platform with its native Excel interface, integrated with Microsoft Dynamics 365 Business Central and Ceridian to build a single source of truth.
“It's a blessing to have all the information we need in one system. Now we can focus on seizing opportunities to make the entire Chiefs organization more profitable and more efficient.”
MRMichael RagsdaleDirector of Strategy and Analytics, Kansas City Chiefs
The results, in context
Gameday settlement reporting times fell by 95%, from four hours to 15 minutes. Departmental budget-to-actuals reports became available in real time, and Vena consolidated FP&A, league reporting, ticketing, sponsorship revenue, workforce planning, player-salary modeling and CapEx into one system.