From Excel Chaos to Financial Confidence: Tarkett Sports’ FP&A Transformation with Vena and Delbridge
Tarkett Sports is a global leader in sports flooring solutions, providing innovative surfaces for athletic facilities worldwide. With a commitment to excellence and quality, Tarkett supports athletes and organizations by delivering high-performance, durable flooring products tailored to diverse sporting environments.
Tarkett Sports’ Challenges Before Vena
Manual, Spreadsheet-Based Budgeting
Budgeting relied heavily on Excel, requiring the finance team to create and manage dozens of separate files for each cost center, manually distributed via email, resulting in administrative overhead and lost productivity.
Version Control Chaos
Excel-based budgeting caused continuous and frustrating versioning issues, frequently leading to confusion, inaccuracies, increased workload, and unnecessary stress for the finance department.
Cumbersome Data Consolidation
Completed files were manually saved to shared drives and painstakingly consolidated into a global Profit & Loss statement—a process that was error-prone, stressful, and highly inefficient.
“We were very Excel-based. Budgeting involved dozens of separate files distributed through email, then manually rolled up into a consolidated P&L. This created a versioning nightmare and put undue stress on our finance department.”
Jon Beelen, Global Director FP&A
Delbridge’s Approach
Tarkett Sports sought a tailored and comprehensive approach to fully support their global budgeting processes. Leveraging an existing trusted relationship, Tarkett engaged Delbridge Solutions, known to their FP&A leadership from previous successful projects.
Delbridge implemented Vena to align seamlessly with Tarkett’s global budgeting requirements. We introduced automated workflows to streamline the budgeting process, significantly reducing manual effort and enhancing data accuracy. Additionally, Delbridge extended the solution to include advanced reporting features—such as bridging actual results with forecasts and consolidating commentary. This comprehensive implementation provided Tarkett Sports with a robust and customized financial planning solution designed to meet their global operational needs.
Automated Workflows
Advanced Reporting
Results
“Delbridge implemented Vena in a way that worked perfectly with our system. We layered on workflows and expanded the scope to include bridging results and commentary consolidation. We now have a single source of truth that streamlines our global budgeting process.”
Jon Beelen, Global Director FP&A
Single Source of Truth for Global Budgeting
- Centralized budgeting and currency consolidation significantly reduced errors and manual workload.
- Finance now operates with unified, reliable data across all global entities.
Automation of Key FP&A Processes
- Financial reporting pulls directly from Vena, eliminating repetitive manual data extraction and spreadsheet management.
- Advanced workflows enable seamless collaboration and improved accuracy during budgeting and forecasting cycles.
Expanded Financial Insights and Commentary
- Enhanced capabilities in bridging results and commentary consolidation improved overall financial clarity.
- Leadership now receives timely, contextualized financial data, enabling informed decision-making.
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.