What users are saying about
3 Ratings
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Top Rated
150 Ratings
3 Ratings
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Score 8 out of 100

Vena Solutions

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Top Rated
150 Ratings
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Score 8.1 out of 100

Likelihood to Recommend

Axiom EPM

Axiom is ideal for organizations with multiple departments that need to collect, share, and integrate data from common internal data sources. The product is best for very large organizations with a lot of financial backing. I wouldn't suggest using Axiom if you're a small organization or only one department, for example.
Anonymous | TrustRadius Reviewer

Vena Solutions

Any organization that has the same P&L for multiple business units would benefit greatly! Franchises, etc are a perfect fit.Any organization that has multiple shadow systems in Excel can all be brought together in Vena.Hotel management would be a great fit!Reits and other infrastructure companies would be a great fit!
Darrell Rooney | TrustRadius Reviewer

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Axiom EPM
8.5
Vena Solutions
8.1
Long-term financial planning
Axiom EPM
9.0
Vena Solutions
8.2
Financial budgeting
Axiom EPM
9.0
Vena Solutions
8.3
Forecasting
Axiom EPM
8.0
Vena Solutions
8.1
Scenario modeling
Axiom EPM
8.0
Vena Solutions
7.8
Management reporting
Axiom EPM
Vena Solutions
8.1

Consolidation and Close

Axiom EPM
9.7
Vena Solutions
8.1
Financial data consolidation
Axiom EPM
10.0
Vena Solutions
8.0
Local and consolidated reporting
Axiom EPM
9.0
Vena Solutions
9.1
Detailed Audit Trails
Axiom EPM
10.0
Vena Solutions
8.6
Journal entries and reports
Axiom EPM
Vena Solutions
7.0
Multi-currency management
Axiom EPM
Vena Solutions
7.7
Intercompany Eliminations
Axiom EPM
Vena Solutions
8.4
Minority Ownership
Axiom EPM
Vena Solutions
7.6

Financial Reporting and Compliance

Axiom EPM
8.3
Vena Solutions
8.6
Financial Statement Reporting
Axiom EPM
8.0
Vena Solutions
8.3
Management Reporting
Axiom EPM
8.0
Vena Solutions
8.7
Excel-based Reporting
Axiom EPM
9.0
Vena Solutions
9.0
Automated board and financial reporting
Axiom EPM
8.0
Vena Solutions
9.4
XBRL support for regulatory filing
Axiom EPM
Vena Solutions
7.6

Analytics

Axiom EPM
8.7
Vena Solutions
8.8
Personalized dashboards
Axiom EPM
9.0
Vena Solutions
8.0
Cost and profitability analysis
Axiom EPM
8.0
Vena Solutions
9.6
Benchmarking with external data
Axiom EPM
9.0
Vena Solutions
8.0
Color-coded scorecards
Axiom EPM
Vena Solutions
8.6
KPIs
Axiom EPM
Vena Solutions
9.5
Key Performance Indicator setting
Axiom EPM
Vena Solutions
9.2

Integration

Axiom EPM
9.0
Vena Solutions
8.0
Flat file integration
Axiom EPM
9.0
Vena Solutions
8.8
Excel data integration
Axiom EPM
9.0
Vena Solutions
9.3
Direct links to 3rd-party data sources
Axiom EPM
9.0
Vena Solutions
6.0

BI Standard Reporting

Axiom EPM
Vena Solutions
8.1
Pixel Perfect reports
Axiom EPM
Vena Solutions
8.3
Customizable dashboards
Axiom EPM
Vena Solutions
7.8
Report Formatting Templates
Axiom EPM
Vena Solutions
8.1

Ad-hoc Reporting

Axiom EPM
Vena Solutions
8.2
Drill-down analysis
Axiom EPM
Vena Solutions
8.5
Formatting capabilities
Axiom EPM
Vena Solutions
7.7
Integration with R or other statistical packages
Axiom EPM
Vena Solutions
8.3
Report sharing and collaboration
Axiom EPM
Vena Solutions
8.4

Report Output and Scheduling

Axiom EPM
Vena Solutions
8.4
Publish to Web
Axiom EPM
Vena Solutions
7.8
Publish to PDF
Axiom EPM
Vena Solutions
7.8
Report Versioning
Axiom EPM
Vena Solutions
8.8
Report Delivery Scheduling
Axiom EPM
Vena Solutions
9.1

Data Discovery and Visualization

Axiom EPM
Vena Solutions
8.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
Axiom EPM
Vena Solutions
7.9
Location Analytics / Geographic Visualization
Axiom EPM
Vena Solutions
7.8
Predictive Analytics
Axiom EPM
Vena Solutions
8.4

Access Control and Security

Axiom EPM
Vena Solutions
8.8
Multi-User Support (named login)
Axiom EPM
Vena Solutions
9.1
Role-Based Security Model
Axiom EPM
Vena Solutions
8.6
Multiple Access Permission Levels (Create, Read, Delete)
Axiom EPM
Vena Solutions
9.1
Single Sign-On (SSO)
Axiom EPM
Vena Solutions
8.4

Mobile Capabilities

Axiom EPM
Vena Solutions
8.0
Responsive Design for Web Access
Axiom EPM
Vena Solutions
8.1
Dashboard / Report / Visualization Interactivity on Mobile
Axiom EPM
Vena Solutions
7.8

Pros

Axiom EPM

  • Compared to a previous EPM we used, Axiom's template load and saving performance has been much better even for large plan files.
  • Axiom consultants can create completely customized reports for any of the collected data. Super users within your organization can then fairly easily modify their work to create additional reports without Axiom's help (and invoices)
  • Setting up user security is a fairly easy one-time task and very easy to maintain when people change departments, leave the organization, etc. I would recommend you use role-based security settings.
  • Compared to our previous EPM, Axiom allows more customization and possibilities for templates. There's very few "the product can't do that" statements.
Anonymous | TrustRadius Reviewer

Vena Solutions

  • Vena provides all the customizable flexibility and advanced calculation that you can squeeze out of Excel because Excel is used as the front-end. You can tailor the reporting and budget templates to your exact needs and leverage your existing Excel skills.
  • Even though you work in Excel, the data is all controlled by a multi-dimensional cloud database. So your work is safe. Changes are auditable, and nobody has to rely on sharing Excel files between each other and tracking the latest version.
  • Vena's workflow system can be extremely simple if that's what you need. Or you can build some fairly complex process flows for any task.
Aaron Andersen | TrustRadius Reviewer

Cons

Axiom EPM

  • Unfortunately, Axiom only assigned two implementation consultants to our massive project and both were completely new to the product and inexperienced.
  • This isn't really a fault of Axiom, but your organization's data has to be perfect before implementing Axiom. You need a strong project manager within your organization to take the lead in working with Axiom. They should be very familiar with the source data and what's important to all your internal stakeholders. The Axiom team needs to be clearly told exactly what you need from them.
  • We never truly felt confident anyone from Axiom was really familiar with the source tables and data being used. I would suggest in any project they make that a priority early on. Not being familiar with the data caused a list of issues regarding reporting and template construction.
Anonymous | TrustRadius Reviewer

Vena Solutions

  • The tool uses at least four different query and data manipulation languages, once you get your data to the tool. All of which are proprietary, limited flavors of other languages (such as SQL and MDX).
  • The use of a MongoDB back end has resulted in the ongoing use of floats for numeric data storage. This works fine if you are budgeting at a high level. However, if you are leveraging their transaction-level features, you will see divergence due to the inherent issues of floating point being unable to precisely represent decimal values.
  • There is very little community documentation around the tool, and the documentation provided by the vendor is sparse, poorly written, and often out of date or just plain wrong. This extends to their sample code as well
  • There is currently no direct way to feed data from your source system databases. The primary method is dumping data to flat files and either executing the uploads manually through the web UI or wrapping a java-based CLI with Powershell or windows batch for local execution. There is also a preview of a logic app if you have Azure as part of your infrastructure
Anonymous | TrustRadius Reviewer

Likelihood to Renew

Axiom EPM

No score
No answers yet
No answers on this topic

Vena Solutions

Vena Solutions 8.1
Based on 9 answers
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 | TrustRadius Reviewer

Usability

Axiom EPM

No score
No answers yet
No answers on this topic

Vena Solutions

Vena Solutions 7.3
Based on 16 answers
It is extremely easy to use the software right away because:- it is Excel-based, so there is little to no learning curve for creating templates and reports- the admin of the tool itself is very simple and intuitive (processes, workflows, etc)The downside to that flexibility is the increased risk of human error, which can be mitigated by additional control and check files.
Anonymous | TrustRadius Reviewer

Reliability and Availability

Axiom EPM

No score
No answers yet
No answers on this topic

Vena Solutions

Vena Solutions 9.1
Based on 2 answers
Contact with Vena Solutions technical support is quick and experts in the field always respond. It is not necessary to go through a large form to explain the problems and then answer more questions to receive a direct answer, we simply send a message indicating the specific problem and they are immediately there to actively help us
Charlotte Byrne Brown | TrustRadius Reviewer

Performance

Axiom EPM

No score
No answers yet
No answers on this topic

Vena Solutions

Vena Solutions 9.1
Based on 2 answers
Vena Solutions pages load quickly and only a few times does it get a bit slow, only when there are many integrations and the reports are long. But in general it is always fast and honestly I am very satisfied with the speed in the generation of statistical reports and the pages
Jeremiah Adrian Howard Ross | TrustRadius Reviewer

Support Rating

Axiom EPM

Axiom EPM 7.0
Based on 1 answer
For the scale of our implementation, Axiom only assigned two consultants who were both completely new to the company. It felt like we were all learning about the product together, when you would expect them to already be experts at their own product. The team also made a good bit of mistakes throughout production and go-live, which then caused more work internally for us. The team lead for our project also just left the company, so we'll see how next year's planning goes
Anonymous | TrustRadius Reviewer

Vena Solutions

Vena Solutions 8.7
Based on 90 answers
From initiate setup to going live, Vena's customer representatives and technicians have proven to be responsive and enthusiastic in getting our company up and running. They have been patient with our questions and frustrations and worked to troubleshoot issues that have come up.
Anonymous | TrustRadius Reviewer

In-Person Training

Axiom EPM

No answers on this topic

Vena Solutions

The training was all at once. There needed to be more modules that could be broken up over time to allow users to handle their day job and the training
Anonymous | TrustRadius Reviewer

Online Training

Axiom EPM

No score
No answers yet
No answers on this topic

Vena Solutions

Vena Solutions 4.5
Based on 1 answer
I would like to see more modules and case study work through of techniques to master to excel within the software package. The current online information is stale and not representative of current software version. It could be much more interactive and informative. Much of the online help articles are stale.
Anonymous | TrustRadius Reviewer

Implementation Rating

Axiom EPM

No score
No answers yet
No answers on this topic

Vena Solutions

Vena Solutions 6.4
Based on 4 answers
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 | TrustRadius Reviewer

Alternatives Considered

Axiom EPM

Vena was a strong product, but only our department within the University used it for budgeting. The entire university chose Axiom for the increased scale and capacity. The loading and saving performance of Axiom is slightly better than Vena. Also, Axiom provides more template and report customization. Vena definitely excelled more in their support and staffing and was much cheaper (so I'm told) than Axiom
Anonymous | TrustRadius Reviewer

Vena Solutions

The only tools that are similar are more in the BI realm and Vena provides a much more robust way of interacting with data that the visualization that a BI solution provides. Again, the self-service model of the tool allows for the tool to grow with the individuals of the company, which is an element other tools struggle with.
Avo Koulakian | TrustRadius Reviewer

Scalability

Axiom EPM

No score
No answers yet
No answers on this topic

Vena Solutions

Vena Solutions 9.1
Based on 2 answers
Vena solutios is a software that provides robust tools that help different departments in their statistics and we can visualize a lot of promising and visually attractive data. Vena Solutions' level of scalability is high and sustainable over time thanks to the fabulous technical support that is ready to help us at all times
Charlotte Byrne Brown | TrustRadius Reviewer

Return on Investment

Axiom EPM

  • This is only the first year of implementation for the university, so the ROI is yet to be fully seen. For our department, which is the largest in the university, I think the ROI has been fairly high as our users have had more built-in resources within their plan files than they had previously.
Anonymous | TrustRadius Reviewer

Vena Solutions

  • From my observation, we did get a return on investment. We have FP&A tool first and foremost.
  • We are dealing with 1 financial system to get data as suppose to several sources from before.
  • For sure, Vena Solutions helped many finance teams domestically within our company with financial reporting.
jamie Luangaphay | TrustRadius Reviewer

Screenshots

Pricing Details

Axiom EPM

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

Vena Solutions

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional
$0*

* per user

Rating Summary

Likelihood to Recommend

Axiom EPM
7.0
Vena Solutions
8.0

Likelihood to Renew

Axiom EPM
Vena Solutions
8.1

Usability

Axiom EPM
Vena Solutions
7.3

Reliability and Availability

Axiom EPM
Vena Solutions
9.1

Performance

Axiom EPM
Vena Solutions
9.1

Support Rating

Axiom EPM
7.0
Vena Solutions
8.7

Online Training

Axiom EPM
Vena Solutions
4.5

Implementation Rating

Axiom EPM
Vena Solutions
6.4

Scalability

Axiom EPM
Vena Solutions
9.1

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