Vena is the anchor of our finance organization
December 14, 2023
Vena is the anchor of our finance organization
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with Vena
Our organization uses Vena as the primary source of financial data, which is utilized for financial reporting, analysis, budgeting, forecasting and strategic planning. Currently, folks outside of the finance organization are only accessing Vena during the budgeting cycle, but all departments rely on monthly Vena reports and analysis, provided by Finance. Vena is an essential tool for our business, allowing us to consolidate data from several ERP systems and then use that data for the activities mentioned - financial reporting, analysis, budgeting, forecasting and strategic planning. We rely heavily on Vena to meet our business needs and it continues to deliver.
I have experience with other tools, such as Oracle products, and although there are pros and cons to each, I would certainly recommend Vena to others.
I have experience with other tools, such as Oracle products, and although there are pros and cons to each, I would certainly recommend Vena to others.
- The management of your data model is very user friendly
- Connects you with great partners to address your future needs
- Report/template creation is timely and not intuitive for a new user
- Technical support can be a challenge to work with at times. Issues can take days to be resolved.
Do you think Vena delivers good value for the price?
Yes
Are you happy with Vena's feature set?
Yes
Did Vena live up to sales and marketing promises?
Yes
Did implementation of Vena go as expected?
Yes
Would you buy Vena again?
Yes
- Vena has enhanced all of our financial reporting and analysis processes, creating efficiencies across the board
Vena has connected us with great 3rd party consultants to help us achieve our goals. During the process they continued to ensure we were happy. After implementation they continued to meet with us, semi-annually, to make sure we are happy with our current product/features and make us aware of new products/features that are available, without pressuring us to buy more.
Vena allows us to quickly access consolidated data and we are able to rely on it for business decisions.
- Oracle Hyperion (discontinued)
I have used products such as Oracle Hyperion and Smartview. There are pros and cons to each (I found report/template creation slightly simpler with Oracle), but they're very similar and achieve the same results.