From Spreadsheets to Smarter Finance: How Taiga Building Products Transformed FP&A with Vena and Delbridge
Taiga’s Challanges Before Vena
Taiga Building Products Ltd. is a leading distributor of building materials, serving a broad network of customers across various segments. With a strong distribution network and a commitment to quality, Taiga provides reliable access to essential building products, supporting the success of contractors, retailers, and manufacturers.
Manual and Lengthy Budgeting Process
Budgeting required manual work, with teams copying data across spreadsheets, increasing errors.
Version Control Issues
Version control in Excel was a challenge, leading to lost updates and reporting discrepancies.
Resource-Intensive Process
Collaboration was inefficient, with feedback shared via email, causing delays and confusion.
Cumbersome Data Consolidation
Aggregating budgets was slow, requiring manual roll-ups, formula checks, and reconciliations.
High Risk of Errors Due to Manual Entry
Manual inputs led to frequent errors, requiring extra time to fix miscalculations.
Lack of Real-Time Data Visibility
Leadership lacked real-time budget visibility, relying on delayed reports.
Limited Collaboration Between Departments
Finance teams spent too much time on admin tasks instead of strategic planning.
Delbridge’s Approach
To address these challenges, Delbridge implemented a structured financial planning and analysis (FP&A) solution using Vena. The core of this solution was the development of two key data cubes:
FP&A Cube
Revenue Cube
Results
By implementing these data cubes, Taiga was able to automate data flows, ensuring that financial models and reports pulled directly from structured, real-time sources. This eliminated the need for manual data entry, improved collaboration, and provided leadership with up-to-date financial insights.
“Implementing the FP&A and revenue cubes brought significant efficiency gains, automation, and improved decision-making. Reports that previously took hours or days to compile are now available in minutes, and leadership now has up-to-date financial data at their fingertips.”
David Ding, Finance Manager
Automation of Key FP&A Processes
☑ Financial reports now pull directly from the cubes, removing the need for repetitive data extraction and manual manipulations.
☑ Variance analysis is now automated, allowing for faster comparisons between budgeted and actual figures.
☑ The structured data model enables robust “what-if” scenario analysis, improving agility in financial planning.
Enhanced Data Visibility & Decision-Making
☑ Leadership now has real-time access to financial data, enabling more informed decision-making.
☑ The revenue cube provides deeper insights into sales trends, product performance, and customer segmentation.
☑ The system’s scalability ensures that Taiga can handle future growth without additional manual work.
How we deliver impact
Implementation & Deployment
1- Phased rollout strategy to accelerate time to value
- Data integration and security setup
Planning & Reporting Enablement
2- Design reporting and analytics frameworks
- Align Vena to your operating model
Optimization & Continuous Improvement
3- Process refinement and automation
- Data migrations and governance support
Training & Adoption
3- Customized enablement workshops
- Change management support
Managed Services
3- Production support as an extension of your team
- Long-term roadmap and feature adoption
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Project Details
Our Vena Expertise
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120+
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