What users are saying about

Acumatica 5.0

10 Ratings

Vena Solutions

21 Ratings

Acumatica 5.0

10 Ratings
Score 8.5 out of 101

Vena Solutions

21 Ratings
Score 8.9 out of 101

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Likelihood to Recommend

Acumatica 5.0

As I have only used it in one business I can't say too much how relevant it would be for other types of business, eg Retail or Manufacturing. It doesn't appear to be specifically set up for ecommerce.

We wholesale products and it works well for that kind of business model.
Justin Leflaive profile photo

Vena Solutions

Vena has use across several business scenarios. We originally started with some basic planning solution to meet our needs and have significantly expanded the scope of our use of the tool into more sophisticated planning and forecasting and into consolidation based on the experience we've had with the tool. We are considering expanding the use of the tool as we see its ability expand beyond what we are currently using it for.
Matthew Blickley profile photo

Feature Rating Comparison

Customization

Acumatica 5.0
7.0
Vena Solutions
API for custom integration
Acumatica 5.0
7.0
Vena Solutions

Security

Acumatica 5.0
7.0
Vena Solutions
Role-based user permissions
Acumatica 5.0
7.0
Vena Solutions

Reporting & Analytics

Acumatica 5.0
6.7
Vena Solutions
Dashboards
Acumatica 5.0
4.0
Vena Solutions
Standard reports
Acumatica 5.0
7.0
Vena Solutions
Custom reports
Acumatica 5.0
9.0
Vena Solutions

General Ledger and Configurable Accounting

Acumatica 5.0
8.3
Vena Solutions
Accounts payable
Acumatica 5.0
10.0
Vena Solutions
Accounts receivable
Acumatica 5.0
8.0
Vena Solutions
Global Financial Support
Acumatica 5.0
5.0
Vena Solutions
Intercompany Accounting
Acumatica 5.0
9.0
Vena Solutions
Journals and Reconciliations
Acumatica 5.0
10.0
Vena Solutions
Standardized Processes
Acumatica 5.0
8.0
Vena Solutions

Inventory Management

Acumatica 5.0
8.5
Vena Solutions
Inventory tracking
Acumatica 5.0
9.0
Vena Solutions
Location management
Acumatica 5.0
8.0
Vena Solutions

Order Management

Acumatica 5.0
9.3
Vena Solutions
Pricing
Acumatica 5.0
10.0
Vena Solutions
Order entry
Acumatica 5.0
9.0
Vena Solutions
Cost of goods sold
Acumatica 5.0
8.0
Vena Solutions
End-to-end order visibility
Acumatica 5.0
10.0
Vena Solutions

Subledger and Financial Process

Acumatica 5.0
6.8
Vena Solutions
Automated Invoice Processing
Acumatica 5.0
7.0
Vena Solutions
Customer Collections
Acumatica 5.0
7.0
Vena Solutions
Cash Management
Acumatica 5.0
7.0
Vena Solutions
Period Close
Acumatica 5.0
6.0
Vena Solutions

Budgeting, Planning, and Forecasting

Acumatica 5.0
Vena Solutions
8.6
Long-term financial planning
Acumatica 5.0
Vena Solutions
8.6
Financial budgeting
Acumatica 5.0
Vena Solutions
8.8
Forecasting
Acumatica 5.0
Vena Solutions
8.4
Scenario modeling
Acumatica 5.0
Vena Solutions
8.4
Management reporting
Acumatica 5.0
Vena Solutions
8.7

Consolidation and Close

Acumatica 5.0
Vena Solutions
8.6
Financial data consolidation
Acumatica 5.0
Vena Solutions
8.8
Journal entries and reports
Acumatica 5.0
Vena Solutions
8.3
Multi-currency management
Acumatica 5.0
Vena Solutions
8.5
Intercompany Eliminations
Acumatica 5.0
Vena Solutions
8.6
Minority Ownership
Acumatica 5.0
Vena Solutions
9.1
Local and consolidated reporting
Acumatica 5.0
Vena Solutions
8.8
Detailed Audit Trails
Acumatica 5.0
Vena Solutions
8.3

FInancial Reporting and Compliance

Acumatica 5.0
Vena Solutions
8.6
Financial Statement Reporting
Acumatica 5.0
Vena Solutions
8.8
Management Reporting
Acumatica 5.0
Vena Solutions
8.2
Excel-based Reporting
Acumatica 5.0
Vena Solutions
8.8
Automated board and financial reporting
Acumatica 5.0
Vena Solutions
8.6

Analytics

Acumatica 5.0
Vena Solutions
8.9
Personalized dashboards
Acumatica 5.0
Vena Solutions
8.5
Color-coded scorecards
Acumatica 5.0
Vena Solutions
8.7
KPIs
Acumatica 5.0
Vena Solutions
9.1
Cost and profitability analysis
Acumatica 5.0
Vena Solutions
8.8
Key Performance Indicator setting
Acumatica 5.0
Vena Solutions
9.1
Benchmarking with external data
Acumatica 5.0
Vena Solutions
9.1

Integration

Acumatica 5.0
Vena Solutions
8.2
Flat file integration
Acumatica 5.0
Vena Solutions
8.2
Excel data integration
Acumatica 5.0
Vena Solutions
8.4
Direct links to 3rd-party data sources
Acumatica 5.0
Vena Solutions
8.1

Pros

  • Generic Inquiries are a very easy way to create custom reports.
  • The automation schedules are useful, we use these for confirming of shipments, creating invoices and emailing them. Reduces workload.
  • Open for integration with other software. We find the ease of connection to MS PowerBI very useful.
Justin Leflaive profile photo
  • Flexibility - Vena is incredibly flexible for a changing business environment. The user interface allows the data model to be adjusted to meet the changing needs of thee business. In addition, the ability to create reports and templates and manipulate data is incredibly easy. It has helped us get to insights through analytics much quicker than we have been able to before.
  • Performance - Vena's speed reliability is great. We have several data sources and allocations/calculations we preform in the tool that require a lot of data and power and the tool's ability has not disappointed. One of the projects we implemented required data files with data files that were very large and Vena's performance is top notch.
  • User Acceptance / Adoption - The user interface of native Excel allows for widespread adoption of the tool across a large user base. Because the tool uses a software that nearly everyone in the business world is comfortable with, adopting the tool is easy. By placing a database on top of Excel is nearly invisible to the users of the product, it provides the value of real-time data availability in a comfortable interface.
Matthew Blickley profile photo

Cons

  • The CRM module is very basic.
  • There is no supplier remittance function.
  • The API is basic, our ecommerce integration has had to be built nearly from scratch.
Justin Leflaive profile photo
  • Like any tool, it takes some time to use the advanced features in the tool. It took me some time to master the report building from scratch.
  • People who know Excel love this product. People who are not familiar with Excel find it difficult.
  • The user experience can be improved. The tool can be made more intuitive.
No photo available

Likelihood to Renew

Acumatica 5.09.0
Based on 1 answer
It is very customisable and good value for money. It is also scalable for the future. The CRM and ecommerce integtration are the main downsides.
Justin Leflaive profile photo
Vena Solutions9.1
Based on 1 answer
We have been extremely satisfied with the Vena Solutions product and have been able to become more efficient in our budgeting, forecasting and salary planning processes, as well as adding functionality and accuracy that was not possible in the past. Administrators no longer have to keep track manually of each department's budgeted net, but can use a report created in Vena to report this information, as well as see which departments have not yet submitted information. Customer service has always been very responsive as well
Lori Lambert profile photo

Usability

No score
No answers yet
No answers on this topic
Vena Solutions9.1
Based on 1 answer
One is only limited by their knowledge of Excel functions and basic understanding of database management. One does not need to know VBA, VB, C++ or even SQL.
Megan Bladen-Blinkoff profile photo

Support

No score
No answers yet
No answers on this topic
Vena Solutions8.2
Based on 1 answer
Customer support has been very prompt for both bug fixes and data loading. Enhancement requests have taken a bit longer to implement, but are within what we would consider a normal time frame compared to other software we use. I rarely have to wait long for an issue to be resolved
Lori Lambert profile photo

Implementation

No score
No answers yet
No answers on this topic
Vena Solutions9.1
Based on 1 answer
The Vena consultant had great knowledge of both the Vena solution and Excel and Excel functions. He was able to help suggest ways to build our templates that met our requirements using Excel functions we had not previously considered using. And we have been able to use the Excel information he provided in other ways outside of Vena. He was very patient and flexible as we learned the Vena tool and created templates
Lori Lambert profile photo

Alternatives Considered

NetSuite is much more expensive and is difficult to customise or integrate.
SAP is a more complex and powerful system, but several times more expensive to implement and run.
Justin Leflaive profile photo
Vena is easier to use than Prophix but Prophix has a personnel module and more flexible ad-hoc reporting capabilities.
No photo available

Return on Investment

  • Time to match customer payments has decreased by approximately 30%.
  • Time to enter sales orders has decreased by approx 10%.
  • It has enabled up to easily access our system remotely, meaning we are able to be more flexible in our work.
Justin Leflaive profile photo
  • Vena Solutions has definitely increased employee efficiency. Spreadsheets that we were spending days preparing and reformatting are now updated within a matter of seconds.
  • Vena Solutions has also provided more data integrity. We were doing a lot of manual data entry and copy and pasting from Excel. Since moving to Vena Solutions this is not necessary, hence our data integrity is much higher.
No photo available

Screenshots

Pricing Details

Acumatica 5.0

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

Vena Solutions

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Required
$0*
1.  per user
Additional Pricing Details