Centage delivers FP&A software that helps finance teams automate budgeting, forecasting, and reporting. Offered to teams that have outgrown Excel, Centage aims to replace fragile spreadsheets and version chaos with a faster, more reliable planning process. Centage’s built-in financial and business logic allows users to create and update their budgets and forecasts and never worry about formulas, functions, links, or any custom programming. It offers synchronized P&L, balance sheet,…
$1,750
per month
Vena
Score8.1 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
Centage
Vena
Editions & Modules
Core
1,750
per month
Performance
2,500
per month
Strategic
3,500
per month
Professional
N/A
Complete
N/A
Offerings
Pricing Offerings
Centage
Vena
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
Yes
Entry-level Setup Fee
Required
Optional
Additional Details
—
The 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.
For a limited time, new customers who use Microsoft Dynamics 365 Business Central (Online) as their primary ERP can get a free year of Vena and 40% off implementation costs.
Vena also offers special pricing for not for profit organizations. To learn more, speak to an expert.
Manager of Financial Planning and Analysis Consolidations in Finance and Accounting at Risk Strategies Company (Insurance, 1001-5000 employees)
Chose Centage
Our company evaluated 6 product offerings in the market place a year ago and felt Budget Maestro and Vena offered the largest return on our investment at their price points. We have always been very satisfied with the product and its customer service. Since we have grown over …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Finance Manager in Finance and Accounting at Upstream USA (Non-profit Organization Management, 51-200 employees)
Chose Vena
We selected Vena because it offered the following features: API connection with many of our tools (Power BI, Sage Intacct, Salesforce), worked well with both MAC and PC, ability to set up workflows with automated emails, ability to set up permissions by multiple dimensions, …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
VP, Business Planning & Procurement at First Majestic Silver Corp. (Mining & Metals, 1001-5000 employees)
Chose Vena
We chose Vena mainly due to how flexible it is for our business, and that we would be able to own the software inhouse (finance team) rather than relying heavily on external consultants, just like the case with other software we looked at.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Director of Finance in Finance and Accounting at Museum of Science and Industry, Chicago (Museums & Institutions, 201-500 employees)
Chose Vena
Prophix is powerful, and structures data on the back-end in a very similar way with multiple data models, and I have used it before. But the learning curve is steep. Building complex rules, e.g. for a union personnel model, was much harder than designing the same logic in …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Centage is suited for all types of business. This is what makes this tool so great. It requires some expertise in setting it up and depending on how complex the business is, it may take longer than expected. It's a complex system and if you are not involved in the implementtion it might be hard to learn what is does.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Using Vena's tools for budgeting, forecasting, and budget variance reports, I have saved hundreds of hours of work, and that increases every year. Vena is perfect when there is a single report template that needs to go to every manager with their own department's data - rather than manually copying and pasting each of them, I create a template in Vena and assign security settings to show each manager only their data. No individual emailing needed either; I just let everyone know their report is in Vena. Days of work are now reduced to hours. When doing forecasting, all the budget and actual data is easily available and can be referenced by other reports. Vena eliminates needing to keep multiple Excel sheets in sync and manually updating each one when a change is made. All I need to do is click Refresh, and it's done.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Planning personnel with all the related benefit expenses is very accurate and we are able to forecast increases as well.
Storing separate versions of the budget allows us to finalize for the year and have access to the data while we update the default plan with any changes.
I ilke the way you can add intelligence see the detail of calculations below th eline item.
I like writing Planning Maestro reports to see drill downs of any item and tie them to our ERP Budget
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
The Admin function of Vena, being able to set up the users in the user categories and the different groups and assigning the groups and the task bindings, is particularly easy and very helpful because as we have so many different departments and disciplines in our organization, we do need to establish pretty specific user access so this process works really well for us.
Running reports in Vena is fairly easy, and we do enjoy being able to just push a button and get some budget versus actuals.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. TR verified that a representative sample of customers was invited. More Info
Have another license between power user and contributor that allows building reports that aren't ad hoc, but don't have all the admin rights of a power user.
Have a session on best in class Workforce Planning prior to implementation.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Vena has become an integral part of finance and our daily process. Without it we would take longer to prepare results and decisions will be delayed. Vena has given the whole organization more visibility of results and budgets so that all departments participate more actively in managing their budgets rather than it being the sole responsibility of finance.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
I love this product. We integrate all of our financial needs between finance and the operations team so that we have real time data being looked at all of the time. Our operations can reach out and be able to discuss possible issues or variances at any time of the month and leads us to be able to have smoother month end closes.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Vena is seemingly always available. They plan maintenance windows well in advance and always off hours (typically over a weekend) and communicate clearly throughout maintenance about what will be affected. Over 5 years of using the product, I can only remember one time when the platform was unavailable (I believe due to an underlying server hosting issue from their provider), and they resolved the issue and had everything up and running again within 8 hours.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
The performance is dependent on how much data and calculations are involved and how complex the security settings are. A simple template or report loads in seconds. A complex template or report can take a while. If there are many users with complex security settings, that will be a factor in the load time.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
The team makes sure that you get what you need out of the software. They will do whatever is in their power to make sure you're happy and are getting back your investment (time and money).
If I had to rate the overall support for Vena based on my experiences, I would give it a 9 out of 10. The support team is very responsive, providing best assistance during both the implementation phase and ongoing use of the Vena. They have been proactive in offering training resources and addressing me very well, which significantly enhances the user experience and overall satisfaction with the Vena.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
This is the best way to learn and buy-in. The in person effect gives students both a hands on approach but an instruction to be there to customize assistance and understanding. In person also builds greater buy in with your future team on creators. However if your audience is better at on line learning this is another good option.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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
I used to use an older consolidating product call FRX or something like that, very manual where accounts were adding line the reporting lines one by one.... Centage is far superior, the ability to create custom Dimension hierarchies as improved our reporting 100 fold
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Prior to using Vena, I have worked with Excel-based budgeting and reporting processes, as well as other property management and financial reporting systems such as Yardi and Entrata. These tools provided access to financial data, but Vena has been more focused on streamlining budgeting, forecasting, and variance analysis by centralizing information and improving collaboration.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
We were a very small company growing by acquisition so it worked well during these phases of our company growth.
The return for our cost was tremendous especially in comparison to peers in the market.
Analytics Maestro allowed us to grow without adding headcount by building efficient reports that can easily be mass-produced for all branches within our organization.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Automated monthly financial statements saves us 3 hours a month.
Moving reporting away from IT has begun to save hours of IT involvement, which will only grow as we shift more reports to Vena. This frees up IT to work on more important IT initiatives.
Using budget templates saved hours of copy and paste time when gathering inputs from each department.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
