Biola Loves Vena for Flexibility and Excel
公司规模
1,000+
地区
- America
国家
- United States
产品
- Vena
- Ellucian Banner
- Cognos BI
技术栈
- OLAP database
- Excel
实施规模
- Enterprise-wide Deployment
影响指标
- Cost Savings
- Customer Satisfaction
- Productivity Improvements
技术
- 分析与建模 - 预测分析
- 功能应用 - 企业资源规划系统 (ERP)
适用行业
- 教育
服务
- 系统集成
- 培训
关于客户
Biola University is a private university founded in 1908, located in the United States. It serves approximately 6,200 students and operates within the higher education industry. The university generates revenues of $208 million and utilizes existing software solutions such as Ellucian Banner and Cognos BI. The finance department at Biola University is responsible for various processes including budgeting, planning, forecasting, and salary planning, involving around 240 users. The university sought to improve its financial management processes to ensure data integrity, enhance collaboration, and streamline operations.
挑战
Biola University faced significant challenges with their budgeting process, which was performed in Excel workbooks. The process was unwieldy and difficult to manage and control, leading to manual spreadsheet and data collection issues that slowed down the budgeting and planning process. Version control issues resulted in inaccurate numbers, sometimes identified only after the budget was submitted. These challenges necessitated a more efficient and reliable solution to streamline their financial operations.
解决方案
To address these challenges, Biola University implemented Vena, a solution that provided workflow and version control, enabling controlled template sharing across hundreds of academic, administrative, and finance users. The use of a single version of the truth through an OLAP database resolved data integrity and version control issues. Pre-populated templates significantly saved time during budget data entry, review, and approval processes. The Excel interface of Vena led to quick adoption with minimal end-user training. Initially chosen for budgeting, Vena has since been rolled out to salary planning, long and short-term forecasting, with other applications in the works.
运营影响
数量效益
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