Axiom Software by Syntellis Performance Solutions vs. Vena

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Axiom Software by Syntellis Performance Solutions
Score 7.9 out of 10
Enterprise companies (1,001+ employees)
Syntellis Performance Solutions provides enterprise performance management software, data and analytics solution for healthcare organizations, financial institutions, and higher education institutions. Axiom arms finance teams and executives with tools for budgeting, forecasting, planning, and reporting, so they can analyze results, model the future, and make more strategic decisions. Their solutions include enterprise planning, cost and decision support, and financial and clinical…N/A
Vena
Score 8.6 out of 10
Mid-Size Companies (51-1,000 employees)
Vena Solutions provides a financial process automation solution to automate Corporate Performance Management, accounting and budgeting, Regulatory & Compliance, and other finance-related processes. It is scaled for medium to large-sized organizations.N/A
Pricing
Axiom Software by Syntellis Performance SolutionsVena
Editions & Modules
No answers on this topic
Professional
N/A
Complete
N/A
Offerings
Pricing Offerings
Axiom Software by Syntellis Performance SolutionsVena
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeOptional
Additional DetailsThe Professional Plan is the most flexible way to get started quickly and can be added onto as a company grows. The plan includes: Vena Platform, Customer Success Manager, Standard Support and Customer Portal. Complete Plan includes everything in Professional, plus: Vena Insights, Premium Support, Sandbox Environment, and Expert Managed Services. *Vena offers special pricing for not for profit organizations. To learn more, speak to an expert.
More Pricing Information
Community Pulse
Axiom Software by Syntellis Performance SolutionsVena
Considered Both Products
Axiom Software by Syntellis Performance Solutions
Chose Axiom Software by Syntellis Performance Solutions
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 …
Vena
Chose Vena
They have superior database capacity due to the power of the cloud. Usability and user adoption is quick and immediate due to the direct integration with Excel and ease of use for end users and Vena administrators.
Top Pros
Top Cons
Features
Axiom Software by Syntellis Performance SolutionsVena
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
5.9
6 Ratings
34% below category average
Vena
8.4
243 Ratings
1% above category average
Long-term financial planning5.74 Ratings8.4220 Ratings
Financial budgeting7.76 Ratings8.9235 Ratings
Forecasting5.75 Ratings7.8226 Ratings
Scenario modeling3.85 Ratings7.8205 Ratings
Management reporting6.45 Ratings9.1231 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
4.4
5 Ratings
58% below category average
Vena
7.7
212 Ratings
3% below category average
Financial data consolidation2.93 Ratings9.3184 Ratings
Local and consolidated reporting5.45 Ratings8.2161 Ratings
Detailed Audit Trails4.85 Ratings8.5188 Ratings
Journal entries and reports00 Ratings7.5135 Ratings
Multi-currency management00 Ratings6.1130 Ratings
Intercompany Eliminations00 Ratings7.8128 Ratings
Minority Ownership00 Ratings6.691 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
5.1
6 Ratings
45% below category average
Vena
8.2
232 Ratings
2% above category average
Financial Statement Reporting6.85 Ratings8.9208 Ratings
Management Reporting5.65 Ratings8.6217 Ratings
Excel-based Reporting5.15 Ratings9.4226 Ratings
Automated board and financial reporting3.94 Ratings8.0169 Ratings
XBRL support for regulatory filing4.22 Ratings6.067 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
3.8
5 Ratings
72% below category average
Vena
7.6
179 Ratings
6% below category average
Personalized dashboards3.85 Ratings8.4152 Ratings
Color-coded scorecards4.84 Ratings8.9117 Ratings
KPIs5.14 Ratings6.8133 Ratings
Cost and profitability analysis1.03 Ratings7.4144 Ratings
Key Performance Indicator setting4.63 Ratings7.5130 Ratings
Benchmarking with external data3.53 Ratings6.8102 Ratings
Integration
Comparison of Integration features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
6.0
5 Ratings
33% below category average
Vena
9.0
228 Ratings
7% above category average
Flat file integration5.05 Ratings9.0187 Ratings
Excel data integration8.44 Ratings9.0212 Ratings
Direct links to 3rd-party data sources4.54 Ratings8.9171 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
Vena
7.4
113 Ratings
4% below category average
Pixel Perfect reports00 Ratings6.672 Ratings
Customizable dashboards00 Ratings7.7101 Ratings
Report Formatting Templates00 Ratings7.8109 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
Vena
7.6
203 Ratings
7% below category average
Drill-down analysis00 Ratings8.5197 Ratings
Formatting capabilities00 Ratings8.3195 Ratings
Integration with R or other statistical packages00 Ratings5.372 Ratings
Report sharing and collaboration00 Ratings8.3172 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
Vena
8.6
160 Ratings
5% above category average
Publish to Web00 Ratings8.185 Ratings
Publish to PDF00 Ratings9.2116 Ratings
Report Versioning00 Ratings8.6136 Ratings
Report Delivery Scheduling00 Ratings8.6122 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
Vena
7.8
105 Ratings
3% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings8.295 Ratings
Location Analytics / Geographic Visualization00 Ratings7.479 Ratings
Predictive Analytics00 Ratings7.485 Ratings
Pattern Recognition and Data Mining00 Ratings8.330 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
Vena
8.8
197 Ratings
1% above category average
Multi-User Support (named login)00 Ratings9.2186 Ratings
Role-Based Security Model00 Ratings8.6185 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings8.8188 Ratings
Report-Level Access Control00 Ratings8.951 Ratings
Single Sign-On (SSO)00 Ratings8.6144 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
Vena
7.7
104 Ratings
1% below category average
Responsive Design for Web Access00 Ratings8.0101 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings7.589 Ratings
Best Alternatives
Axiom Software by Syntellis Performance SolutionsVena
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 8.2 out of 10
IBM Planning Analytics
IBM Planning Analytics
Score 8.2 out of 10
Medium-sized Companies
Centage
Centage
Score 9.5 out of 10
Centage
Centage
Score 9.5 out of 10
Enterprises
Prophix
Prophix
Score 8.8 out of 10
Prophix
Prophix
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Axiom Software by Syntellis Performance SolutionsVena
Likelihood to Recommend
5.6
(6 ratings)
8.7
(247 ratings)
Likelihood to Renew
-
(0 ratings)
8.6
(20 ratings)
Usability
-
(0 ratings)
8.6
(31 ratings)
Availability
-
(0 ratings)
7.7
(7 ratings)
Performance
-
(0 ratings)
8.3
(7 ratings)
Support Rating
7.0
(1 ratings)
9.8
(100 ratings)
In-Person Training
-
(0 ratings)
9.1
(3 ratings)
Online Training
-
(0 ratings)
7.9
(5 ratings)
Implementation Rating
-
(0 ratings)
8.4
(7 ratings)
Configurability
-
(0 ratings)
7.5
(4 ratings)
Ease of integration
-
(0 ratings)
9.0
(3 ratings)
Product Scalability
-
(0 ratings)
9.0
(6 ratings)
Vendor post-sale
-
(0 ratings)
9.0
(3 ratings)
Vendor pre-sale
-
(0 ratings)
8.4
(4 ratings)
User Testimonials
Axiom Software by Syntellis Performance SolutionsVena
Likelihood to Recommend
Syntellis Performance Solutions (formerly Kaufman Hall Software)
Axiom is extremely well suited to optimize the Budget process. Using Axiom, we have cut our overall budget cycle time in half and have a much higher level of accuracy in all facets of the Budget including Fee Income, Expense, and Margin. Axiom is also well suited for advanced data users as you have the ability to create your own custom database tables which allows you to join to the existing Axiom tables and has allowed us to create custom reporting that we could not even think about on our previous system. The other big benefit of Axiom is that it sits on top of Microsoft Excel and inherits all of its functionality, which most people have experience with.
Read full review
Vena Solutions
Vena is well suited for my company, which has Complex financial planning and forecasting needs and especially depends on Excel. Its slick processes, like budgeting, scenario modeling, and data consolidation, make it very easy to collaborate across departments and reduce errors perfectly. It's also beneficial for boosting financial and reporting.
Read full review
Pros
Syntellis Performance Solutions (formerly Kaufman Hall Software)
  • 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.
Read full review
Vena Solutions
  • Allows us to create just one template that will replicate based on which business segments we want to report on
  • Allows end-users to dig into transaction details (our staff love this feature!)
  • Very flexible in the way you can slice and dice data
Read full review
Cons
Syntellis Performance Solutions (formerly Kaufman Hall Software)
  • Implementation is quite Complex and requires both IT and Financial buy-in
  • Reporting solution has some learning curve for end users
  • Calculation methods within reporting can be opaque and hard to trace
Read full review
Vena Solutions
  • It could improve the ease of implementation; it could take a long for an inexperienced IT team.
  • From the ERP system perspective, it can be linked easily, but it has room for improvement when you make core changes and require a Vena specialist again.
  • Some administrators can get confused while working on Excel implementation; it has complicated technical requirements.
Read full review
Likelihood to Renew
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Vena Solutions
Vena has been a huge win for us as an organization, as it vastly improved our budgeting process by removing manual consolidation that was incredibly time consuming, and it allows us to see a multi-year view of our organizational budget across all of our funding sources. We've seen Vena's platform grow over the years and we've not yet fully adopted some of them so it feels like there's still potential to get even more value out of the platform.
Read full review
Usability
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Vena Solutions
Vena allows any solution to be built the way you need it to work, and there are many different ways of going about what you need it to do. It may require time to build, test, and rebuild and retest, before the best solution to what you are trying to accomplish is reached. It is best for those who are Excel proficient because Vena utilizes and enhances the usage of existing Excel functions. For those who are not Excel proficient, the journey may be more challenging, however, with help of EMS, you can get your planning and reporting to a dynamic state.
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Reliability and Availability
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Vena Solutions
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
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Performance
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Vena Solutions
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
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Support Rating
Syntellis Performance Solutions (formerly Kaufman Hall Software)
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
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Vena Solutions
They are very quick to respond when you submit a ticket and typically fix issues quickly as well. I only didn't give this a 10 because there is still an open issue with our Salesforce connection that we've been waiting on now for a few months.
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In-Person Training
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Vena Solutions
Our initial in person training was a little rough b/c I felt like our trainer wanted to focus on maximizing Vena rather than understanding what we were needing for our organization. He was very responsive and added insights, but could have worked to understand our needs a little better.
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Online Training
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Vena Solutions
The training was structured as a group training to learn the basics of creating a data model and mapping a template. While we had nearly 10 participants, I was the only actual implementer so we probably didn't actually need the training and could have just learned the initial skills from the implementation consultant. Two years later, when we hired a new team member, they completed several modules in Vena Academy (a self paced learning course) which allowed them to get up to speed on the basics with just a bit of supplemental guidance from me as our existing admin.
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Implementation Rating
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Vena Solutions
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
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Alternatives Considered
Syntellis Performance Solutions (formerly Kaufman Hall Software)
Axiom was selected based on the impression of ease of use and integration. It is capable of holding all of our entities data while giving us an easier more accessible way to deliver monthly Financials and reports to managers. Then in costing we signed up because the impression of budgeting.
Read full review
Vena Solutions
Vena has better reporting and budgeting functions than NetSuite Budgeting & Reporting when we compared the two. The Kansas City Chiefs currently use Vena and they had nothing but good things to say about it so that gave us confidence to go with Vena.
Read full review
Scalability
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Vena Solutions
We onboarded the entire company in a very short time frame to complete the full company budget cycle the first year out of the gate. Now we are looking to add more data and the ETL tool makes it easy to backload data into the cube as if was always there. Vena has been very scalable for our needs.
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Return on Investment
Syntellis Performance Solutions (formerly Kaufman Hall Software)
  • Forecasting has improved
  • Complexity of analysis has improved as well
  • Our main data has been confused as we started using Axiom
Read full review
Vena Solutions
  • Saved considerable time for monthly close by streamlining reporting and entries
  • Saved considerable time and effort for reconciliations by standardizing input and output and ability to send reviews to different users and track completion
  • Saved a lot of headache when tracking down variances
Read full review
ScreenShots

Vena Screenshots

Screenshot of Operation Expenses - Predictive AnalysisScreenshot of Allocations DashboardScreenshot of Vena Add InScreenshot of Power BI DashboardScreenshot of Operational Expenses - Drill through analysisScreenshot of Process Status Dashboard