Case Study: Lookout delivered financial statements 66% faster with Vena
Key results
The challenge
Lookout, an endpoint-to-cloud cybersecurity SaaS company, relied on manual, time-consuming spreadsheet reporting. Financial statements were not delivered until the third week of the month, leaving the finance team focused on data entry and unable to quickly model business scenarios.
The solution
Lookout implemented Vena for SaaS with native NetSuite integration plus connections to Salesforce and Workday for unified financial visibility and scenario modeling.
“I love how quickly we can iterate now and model any unique revenue scenario we can think of ... any modeling I can do in Excel, I can do even better and faster in Vena.”
RTRicardo TriguerosSr. Financial Analyst, Lookout
The results, in context
Financial statement delivery became 66% faster, moving from the third week of the month to midway through the first week. Scenario modeling accelerated KPI assumption testing, and a COVID-19 budget recut that would take conventional FP&A teams several days was completed in one day.