From Manual Data Crunching to Instant Insights: Fairlawn’s FP&A Evolution with Delbridge and Vena
Fairlawn is an established real estate investment firm focused on delivering exceptional property management and investment outcomes. Their portfolio management relies heavily on accurate financial reporting and timely data insights to inform strategic decisions and sustain growth.
Fairlawn’ Challenges Before Vena
Manual Data Extraction and Manipulation
Fairlawn’s finance team regularly downloaded financial data as Excel files from AppFolio, requiring extensive manual manipulation to integrate into reports.
Time-Consuming Reporting Processes
Incorporating financial data into usable reports involved significant manual effort, limiting the team’s ability to focus on strategic analysis.
Risk of Data Errors and Inefficiencies
The heavy reliance on Excel increased potential errors and led to inefficient processes, hindering the finance team’s productivity and accuracy.
“We incorporated our historical and on-going general ledger activity as well as rent roll information. We used this underlying data to create reports such as financial statements, forecasting, budgeting templates. ”
Ian LaBonte, Portfolio Manager
Delbridge’s Approach
Fairlawn partnered with Delbridge Solutions to streamline their financial reporting and planning processes. Delbridge implemented Vena to seamlessly integrate historical and ongoing general ledger activity alongside rent roll information. Leveraging this centralized data source, Delbridge built automated workflows and standardized reports, including financial statements, forecasting models, and budgeting templates, tailored specifically to Fairlawn’s operational and strategic requirements.
Automated Workflows
Centralized Data Source
Standardized Reports
Enhanced Analytics
Results
“We’ve already started using Vena-generated reports for internal reporting, allowing us to analyze and summarize financial data much faster than before. It has significantly improved our efficiency.”
Ian LaBonte, Portfolio Manager
Accelerated Financial Reporting
- Reports created within Vena significantly reduced manual effort, enabling rapid summarization and analysis of large datasets.
- Finance teams can now deliver insights in a fraction of the time previously required.
Enhanced Analytical Capabilities
- Automation freed finance teams to focus on strategic activities rather than data processing.
- Immediate access to accurate reports strengthened decision-making capabilities.
Centralized Data Management
- Consolidating general ledger and rent roll data into Vena provided a single, trusted source of information.
- Improved data accuracy and consistency across financial statements, forecasts, and budgeting processes.
How We Can Help You
If you are already using Vena…
- We can review your existing Vena implementation and make recommendations for performance improvements and best practices
- Our training department can provide your users with customized ‘hands-on’ Vena product training using your existing solution
- We can help your organization with deploying Vena for additional phases
- We can provide ongoing production support as required
- Our Managed services team can manage your entire Vena solution end-to-end in production
If you want to transition to Vena…
- Our consulting team can help your organization with implementing Vena using best practices
- If you are evaluating Vena, our team can help you understand how it differs from other CPM solutions
- Our sales team can provide you with an ‘under the hood’ workshop when evaluating Vena
- We can introduce you to our clients so you can directly speak to other
- End-to-end Vena Implementation Consulting for your solution.
Vena Implementation and Consulting
Delbridge is Vena’s premier implementation partner and our consultants are here to help you implement Vena for budgeting, forecasting, and consolidation.