What users are saying about
13 Ratings
24 Ratings
13 Ratings
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Score 8.5 out of 101
24 Ratings
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Score 8.8 out of 101

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Likelihood to Recommend

Acumatica 5.0

Fairly easy and intuitive user interface with common features throughout the platform makes it easy to train users new to the system. However, it requires a lot of dev customization with limited features that a power user/administrator can manipulate. Doesn't provide a very customized experience to the individual user. Seems that the best scenario is for companies that will use implementation and customization services to maximize the features of Acumatica.
No photo available

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

Payroll Management

Acumatica 5.0
7.5
Vena Solutions
Pay calculation
Acumatica 5.0
7.0
Vena Solutions
Benefit plan administration
Acumatica 5.0
7.0
Vena Solutions
Direct deposit files
Acumatica 5.0
8.0
Vena Solutions
Salary revision and increment management
Acumatica 5.0
8.0
Vena Solutions
Reimbursement management
Acumatica 5.0
7.5
Vena Solutions

Customization

Acumatica 5.0
5.6
Vena Solutions
API for custom integration
Acumatica 5.0
5.8
Vena Solutions
Plug-ins
Acumatica 5.0
5.5
Vena Solutions

Security

Acumatica 5.0
8.6
Vena Solutions
Single sign-on capability
Acumatica 5.0
9.0
Vena Solutions
Role-based user permissions
Acumatica 5.0
8.2
Vena Solutions

Reporting & Analytics

Acumatica 5.0
7.8
Vena Solutions
Dashboards
Acumatica 5.0
7.4
Vena Solutions
Standard reports
Acumatica 5.0
7.8
Vena Solutions
Custom reports
Acumatica 5.0
8.2
Vena Solutions

General Ledger and Configurable Accounting

Acumatica 5.0
7.9
Vena Solutions
Accounts payable
Acumatica 5.0
8.4
Vena Solutions
Accounts receivable
Acumatica 5.0
7.6
Vena Solutions
Global Financial Support
Acumatica 5.0
7.4
Vena Solutions
Primary and Secondary Ledgers
Acumatica 5.0
8.0
Vena Solutions
Intercompany Accounting
Acumatica 5.0
8.2
Vena Solutions
Localizations
Acumatica 5.0
8.0
Vena Solutions
Journals and Reconciliations
Acumatica 5.0
8.0
Vena Solutions
Enterprise Accounting
Acumatica 5.0
8.0
Vena Solutions
Configurable Accounting
Acumatica 5.0
8.0
Vena Solutions
Centralized Rules Framework
Acumatica 5.0
8.0
Vena Solutions
Standardized Processes
Acumatica 5.0
7.6
Vena Solutions

Inventory Management

Acumatica 5.0
8.4
Vena Solutions
Inventory tracking
Acumatica 5.0
9.0
Vena Solutions
Automatic reordering
Acumatica 5.0
8.0
Vena Solutions
Location management
Acumatica 5.0
8.7
Vena Solutions
Manufacturing module
Acumatica 5.0
8.0
Vena Solutions

Order Management

Acumatica 5.0
8.0
Vena Solutions
Pricing
Acumatica 5.0
8.0
Vena Solutions
Order entry
Acumatica 5.0
8.2
Vena Solutions
Credit card processing
Acumatica 5.0
8.0
Vena Solutions
Cost of goods sold
Acumatica 5.0
8.0
Vena Solutions
Order Orchestration
Acumatica 5.0
7.5
Vena Solutions
End-to-end order visibility
Acumatica 5.0
8.0
Vena Solutions
Order exception Resolution
Acumatica 5.0
8.0
Vena Solutions

Subledger and Financial Process

Acumatica 5.0
7.8
Vena Solutions
Automated Invoice Processing
Acumatica 5.0
7.0
Vena Solutions
Shared Services Payments
Acumatica 5.0
9.0
Vena Solutions
Billings Management
Acumatica 5.0
7.0
Vena Solutions
Customer Receipt Applications
Acumatica 5.0
8.0
Vena Solutions
Customer Collections
Acumatica 5.0
7.7
Vena Solutions
Revenue Recognition
Acumatica 5.0
8.0
Vena Solutions
Cash Management
Acumatica 5.0
7.8
Vena Solutions
Asset Management
Acumatica 5.0
9.0
Vena Solutions
Travel & Expense Management
Acumatica 5.0
7.5
Vena Solutions
Budgetary Control & Encumbrance Accounting
Acumatica 5.0
7.5
Vena Solutions
Period Close
Acumatica 5.0
7.6
Vena Solutions
Transactions Tax
Acumatica 5.0
7.5
Vena Solutions
Subledger Reconciliations
Acumatica 5.0
8.0
Vena Solutions
3rd Party Accounting Systems
Acumatica 5.0
7.0
Vena Solutions

Project Financial Management

Acumatica 5.0
7.9
Vena Solutions
Budgeting and Forecasting
Acumatica 5.0
7.5
Vena Solutions
Project Costing
Acumatica 5.0
7.5
Vena Solutions
Cost Capture
Acumatica 5.0
7.5
Vena Solutions
Capital Project Management
Acumatica 5.0
8.0
Vena Solutions
Customer Invoicing
Acumatica 5.0
8.0
Vena Solutions
Customer Contract Compliance
Acumatica 5.0
7.0
Vena Solutions
Project Revenue Recognition
Acumatica 5.0
7.5
Vena Solutions
Project Financial Performance Analysis
Acumatica 5.0
8.0
Vena Solutions
Project Financials Dashboard
Acumatica 5.0
9.0
Vena Solutions
Real-time Financial Reporting
Acumatica 5.0
9.0
Vena Solutions
Embedded Business Intelligence
Acumatica 5.0
8.0
Vena Solutions
Project Planning Collaboration
Acumatica 5.0
8.0
Vena Solutions

Project Execution Management

Acumatica 5.0
8.0
Vena Solutions
Project Planning and Scheduling
Acumatica 5.0
8.0
Vena Solutions
Project Manager Dashboard
Acumatica 5.0
8.0
Vena Solutions
Resource Manager Dashboard
Acumatica 5.0
8.0
Vena Solutions
Task Insight for Project Managers
Acumatica 5.0
8.0
Vena Solutions
Team Member Task Collaboration
Acumatica 5.0
7.0
Vena Solutions
Talent Profiles
Acumatica 5.0
9.0
Vena Solutions
Real-Time Project Reporting
Acumatica 5.0
8.0
Vena Solutions

Grants Management

Acumatica 5.0
7.8
Vena Solutions
Award Lifecycle Management
Acumatica 5.0
7.0
Vena Solutions
Spending Control
Acumatica 5.0
8.0
Vena Solutions
Indirect Cost Management
Acumatica 5.0
8.0
Vena Solutions
Billing
Acumatica 5.0
8.0
Vena Solutions

Procurement

Acumatica 5.0
7.9
Vena Solutions
Sourcing Team Collaboration
Acumatica 5.0
8.0
Vena Solutions
Sourcing Analysis
Acumatica 5.0
8.0
Vena Solutions
Bids Analyzed and Compared
Acumatica 5.0
8.0
Vena Solutions
Catalog Shopping E-Commerce for Employees
Acumatica 5.0
7.0
Vena Solutions
Invoice Automated Matching
Acumatica 5.0
7.0
Vena Solutions
Requisitions-to-Purchase Orders Integrated
Acumatica 5.0
9.0
Vena Solutions
Supplier Assessment
Acumatica 5.0
8.0
Vena Solutions
Supplier Management
Acumatica 5.0
9.0
Vena Solutions
Supplier Portal
Acumatica 5.0
7.0
Vena Solutions

Logistics

Acumatica 5.0
7.8
Vena Solutions
Transportation Planning and Optimization
Acumatica 5.0
7.0
Vena Solutions
Transportation Sourcing Management
Acumatica 5.0
7.0
Vena Solutions
Trade Management
Acumatica 5.0
8.0
Vena Solutions
Customs Entry Management
Acumatica 5.0
8.0
Vena Solutions
Customs Document Management
Acumatica 5.0
8.0
Vena Solutions
Customs Document Collaboration
Acumatica 5.0
8.0
Vena Solutions
Fulfillment Management
Acumatica 5.0
8.0
Vena Solutions
Inventory Visibility
Acumatica 5.0
8.0
Vena Solutions

Manufacturing

Acumatica 5.0
7.2
Vena Solutions
Production Process Design
Acumatica 5.0
7.0
Vena Solutions
Supply Chain Business Flows
Acumatica 5.0
7.0
Vena Solutions
Production Management
Acumatica 5.0
8.0
Vena Solutions
Configuration Management
Acumatica 5.0
7.0
Vena Solutions
Manufacturing Costs
Acumatica 5.0
7.0
Vena Solutions

Supply Chain

Acumatica 5.0
8.0
Vena Solutions
Forecasting
Acumatica 5.0
8.0
Vena Solutions
Inventory Planning
Acumatica 5.0
8.0
Vena Solutions
Multi-tier Supply Chain Planning
Acumatica 5.0
8.0
Vena Solutions

Product Lifecycle Management

Acumatica 5.0
8.0
Vena Solutions
Proposal Management
Acumatica 5.0
8.0
Vena Solutions
Product Master Data Management
Acumatica 5.0
9.0
Vena Solutions
Vendor Portal
Acumatica 5.0
7.0
Vena Solutions
Project Portfolio Management
Acumatica 5.0
8.0
Vena Solutions

BI Standard Reporting

Acumatica 5.0
Vena Solutions
10.0
Customizable dashboards
Acumatica 5.0
Vena Solutions
10.0
Report Formatting Templates
Acumatica 5.0
Vena Solutions
10.0

Ad-hoc Reporting

Acumatica 5.0
Vena Solutions
10.0
Drill-down analysis
Acumatica 5.0
Vena Solutions
10.0
Formatting capabilities
Acumatica 5.0
Vena Solutions
10.0
Report sharing and collaboration
Acumatica 5.0
Vena Solutions
10.0

Report Output and Scheduling

Acumatica 5.0
Vena Solutions
10.0
Publish to PDF
Acumatica 5.0
Vena Solutions
10.0
Report Versioning
Acumatica 5.0
Vena Solutions
10.0
Report Delivery Scheduling
Acumatica 5.0
Vena Solutions
10.0

Data Discovery and Visualization

Acumatica 5.0
Vena Solutions
10.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
Acumatica 5.0
Vena Solutions
10.0

Access Control and Security

Acumatica 5.0
Vena Solutions
10.0
Multi-User Support (named login)
Acumatica 5.0
Vena Solutions
10.0
Role-Based Security Model
Acumatica 5.0
Vena Solutions
10.0
Multiple Access Permission Levels (Create, Read, Delete)
Acumatica 5.0
Vena Solutions
10.0

Budgeting, Planning, and Forecasting

Acumatica 5.0
Vena Solutions
8.8
Long-term financial planning
Acumatica 5.0
Vena Solutions
9.0
Financial budgeting
Acumatica 5.0
Vena Solutions
9.4
Forecasting
Acumatica 5.0
Vena Solutions
8.5
Scenario modeling
Acumatica 5.0
Vena Solutions
8.8
Management reporting
Acumatica 5.0
Vena Solutions
8.2

Consolidation and Close

Acumatica 5.0
Vena Solutions
9.0
Financial data consolidation
Acumatica 5.0
Vena Solutions
9.5
Journal entries and reports
Acumatica 5.0
Vena Solutions
9.0
Multi-currency management
Acumatica 5.0
Vena Solutions
9.5
Intercompany Eliminations
Acumatica 5.0
Vena Solutions
6.8
Minority Ownership
Acumatica 5.0
Vena Solutions
9.1
Local and consolidated reporting
Acumatica 5.0
Vena Solutions
9.7
Detailed Audit Trails
Acumatica 5.0
Vena Solutions
9.6

FInancial Reporting and Compliance

Acumatica 5.0
Vena Solutions
9.0
Financial Statement Reporting
Acumatica 5.0
Vena Solutions
9.5
Management Reporting
Acumatica 5.0
Vena Solutions
8.7
Excel-based Reporting
Acumatica 5.0
Vena Solutions
9.5
Automated board and financial reporting
Acumatica 5.0
Vena Solutions
8.2

Analytics

Acumatica 5.0
Vena Solutions
7.4
Personalized dashboards
Acumatica 5.0
Vena Solutions
7.2
Color-coded scorecards
Acumatica 5.0
Vena Solutions
6.3
KPIs
Acumatica 5.0
Vena Solutions
6.5
Cost and profitability analysis
Acumatica 5.0
Vena Solutions
9.6
Key Performance Indicator setting
Acumatica 5.0
Vena Solutions
6.5
Benchmarking with external data
Acumatica 5.0
Vena Solutions
8.5

Integration

Acumatica 5.0
Vena Solutions
9.4
Flat file integration
Acumatica 5.0
Vena Solutions
9.3
Excel data integration
Acumatica 5.0
Vena Solutions
9.6
Direct links to 3rd-party data sources
Acumatica 5.0
Vena Solutions
9.4

Pros

  • Expense reporting: Available both on the desktop and app versions, it has allowed our team members to reduce almost all paper in the expense reporting process, streamline approvals, and reduced time from submission to final payment.
  • CRM: Managing customer information in a single place, accessible to all. Connecting customer accounts to opportunities allow us to quickly see the overall value of an account from past, current and future opportunities.
  • Financial: Drill downs in reporting allows quick and easy access to address questions on individual transactions affecting financial performance. Drill downs are also protected by permissions and roles to ensure people only have access to information relevant to them.
No photo available
  • Easy integration with Excel. The tool looks familiar as it looks similar to Excel.
  • Great customer support from Vena support team.
  • It has all the advantages of Excel without the limitations of Excel like the audit trail, version control etc.
  • Audit trail feature helps in identifying the source of updates on the data.
  • Efficient aggregation and consolidation tool. The volume of data we handle could not be handled by Excel efficiently. Vena solved the problem.
No photo available

Cons

  • Email integration: Horribly clunky, requires users to share email password with Acumatica to allow use of outbound emails. Should be using a more secure method like access tokens.
  • Expense approval process: Once expense claims are approved, approvers (depending on role) can no longer see the approved/denied claims. Denial of claims requires a manual email/call to submitter instructing them to correct and resubmit the claim.
  • CRM: Allow for tracking of cases by the opportunity in addition to business accounts. This would allow for more accurate tracking of issues related to specific opportunities.
No photo available
  • Option to indicate to a manager when a template is open by contributor (or block save for a manager, if a contributor has it open). Currently, simultaneous access by two contributors is restricted, because until the file is checked in by one, edits by the other will not be possible. However, a manager can open the template that is already open by a contributor and modify it at the same time. This may lead to save conflicts and unwanted changes. It would be nice to have some sort of an indication for a manager that the template is being used by a contributor (and vice versa, too – that way a contributor would know to contact the manager if he/she is opening the template that is currently open in the manager’s view)
  • Option to add/remove users to processes that are currently active, to grant on-the-fly permission to view current tasks – i.e., it would be nice to modify access irrespective of the process status. My understanding is that this option has already been implemented in later Cloud versions (our company is currently using OnSite version).
  • When tracing mapped data – ability to focus on the source cell, as opposed to just highlighting it (currently the cell is being highlighted, but it can be in any of the worksheets in the source file and needs to be manually located).
Teymur Mammadov, CPA, CA, FCCA (UK) profile photo

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

I liked the flexibility of Salesforce and the ability to customize look and feel with minimal development involvement. Email integration was smooth and seamless. However, Acumatica's ability to customize certain business processes to meet our particular day to day operational needs and account based fee as opposed to user based fees made it a better option for our organization.
No photo available
All of the products we reviewed essentially re-create an Excel template in a browser, but without all the functionality that Excel provides. The solutions we reviewed require formula syntax to be learned as the syntax is different than Excel formulas. Some of the solutions didn't have enough depth to the data model to accommodate our chart of accounts. Vena provides more flexibility in creating data collection templates, and we believe had greater end user acceptance than other solutions would have had. We use IBM Cognos for financial reporting, but the learning curve on creating reports and powerfully using this tool is significantly higher than with Vena
Lori Lambert profile photo

Return on Investment

  • Better communication and collaboration on customer accounts through the CRM.
  • Improved month-end close time and more up to date financial information.
  • Slow to implement has been frustrating for the team and has been more expensive than anticipated.
No photo available
  • We shortened the month-end close time by about 50%.
  • We were able to incorporate more processes than what we originally started with, which, in addition to time savings, ensured error-free reporting and seamless integration of various sub-processes (in the end - resulting in higher-quality deliverables).
  • The ability to maintain and analyze the Audit Trail significantly shortened the analysis of changes and error-checking.
Teymur Mammadov, CPA, CA, FCCA (UK) profile photo

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?
Optional
$0*
1.  per user
Additional Pricing Details