Vena Creates Efficiencies and Increases Productivity
May 20, 2024

Vena Creates Efficiencies and Increases Productivity

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena

Vena is currently being used by the FP&A team. Second phase will include accounting team for closing.
Vena is addressing budget and planning as well as weekly/monthly/quarterly/annual reporting.
  • Customer Success Team is fully dedicated to the success of our team and have become an integral part of our operations. They are always recommending best practices, having forward looking approaches, and documenting along the way.
  • Ad hoc reports will be a game changer to create self- sufficiency in the organization.
  • Power Point Presentation will increase productivity and efficiency to finally be able to focus on providing more insight and takeaways for the executive team.
  • When copying a worksheet the mapping should copy automatically instead of having to recreate it again. Sometimes you just need a slight tweak to a worksheet, but this causes extra work.
  • Reports under Task tab should allow for "sub-folders". Also the new interface makes the "real state" too small and you have to scroll to the right as opposed to going down a list of reports.
  • The enabled Power BI should not be so restrictive (just one cube).
  • Sales pitch needs to convey upfront it parts of the product are live vs. underdevelopment.
  • Increased productivity and efficiently in regular reporting processes.
  • Great training modules via Vena Academy
  • Easy to create reports
The implementation team prioritized our project at a time of need bringing in all the resources needed to get it completed on time.
The EMS team is now considered an extended part of a team and we rely on them for their knowledge and expertise.
Our team is making great strides creating reports for weekly/monthlty/quarterly packages as well as ad hoc reports without much assistance.
Excel is the window into Vena's platform so it makes it familiar and scalable.

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?

No

Did implementation of Vena go as expected?

No

Would you buy Vena again?

Yes


Vena is very customizable and easy to use but we found out that some templates might have been over engineered during the the implementation process.

Vena Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
9
Scenario modeling
9
Management reporting
9
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
9
XBRL support for regulatory filing
Not Rated
Personalized dashboards
7
Color-coded scorecards
8
KPIs
9
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Flat file integration
9
Excel data integration
9
Direct links to 3rd-party data sources
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
6
Report Formatting Templates
10
Drill-down analysis
10
Formatting capabilities
10
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
8
Publish to Web
8
Publish to PDF
Not Rated
Report Versioning
9
Report Delivery Scheduling
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
9
Location Analytics / Geographic Visualization
9
Predictive Analytics
9
Pattern Recognition and Data Mining
Not Rated
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
10
Single Sign-On (SSO)
Not Rated
Responsive Design for Web Access
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated