Microsoft Dynamics GP is an ERP software with accounting capabilities. It includes various packs for customizability and features tailored to specific industries’ needs. GP is offered as a perpetual license or subscription.
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Vena
Score 8.3 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.
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Pricing
Microsoft Dynamics GP
Vena
Editions & Modules
No answers on this topic
Professional
N/A
Complete
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Offerings
Pricing Offerings
Microsoft Dynamics GP
Vena
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
Yes
Entry-level Setup Fee
No setup fee
Optional
Additional Details
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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.
The only product with have shopped was Sage Intacct. It is somewhat unfair to compare the two solutions, because Sage Intacct is a cloud-based solution. That said, Intacct appears to advertise better reporting/business intelligence capabilities. MS Dynamics GP should be aware …
We did not evaluate any other products. We knew we wanted to embrace, not replace, excel, and Vena is best in class as a CPM tool that leverages Excel as a lens into the database.
We had Prophix (old version) for planning and budgeting and it was way less user-friendly and flexible than Vena. We always had to go back to Excel to build more complex reports and share them. And we extended the use of Vena to monthly reporting, which could not have been done …
I did not select Vena, and would not after popping the hood. It looks slick at a glance and has a good concept going, but once you begin to investigate further, there are a lot of foundational issues. Have your IT department perform a deep dive before making a decision.
We were using Dynamic Budgets before we moved over to Vena and researched many, many, many other products before settling on Vena in the end. One of the things that quickly knocked out other vendors was our unique fiscal calendar. We have 13 periods (4 weeks each) and that …
Assuming a staff-member has excellent MS Excel skills, Vena Solutions is (most likely) capable of producing just about anything one can imagine. That said, Excel's visuals leave something to be desired. Most folks would choose a Tableau dashboard over a Vena dashboard any day. …
At the end of the day, many of Vena's competitors will offer more web-based capabilities. At the time when we made the decision, we primarily chose Vena due to the steeply discounted price tag. However, over the past couple of years, Vena has added the web-based capabilities …
We spent about a year and a half in the selection process for our budgeting system. The issue that we kept coming across was speed, flexibility, and a lack of understanding of our process during the sales cycle. Most of these other products wanted us to change our budgeting …
Features
Microsoft Dynamics GP
Vena
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics GP
6.5
20 Ratings
15% below category average
Vena
-
Ratings
Pay calculation
6.319 Ratings
00 Ratings
Benefit plan administration
6.015 Ratings
00 Ratings
Direct deposit files
7.518 Ratings
00 Ratings
Salary revision and increment management
6.517 Ratings
00 Ratings
Reimbursement management
6.016 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics GP
4.3
27 Ratings
55% below category average
Vena
-
Ratings
API for custom integration
2.526 Ratings
00 Ratings
Plug-ins
6.021 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics GP
7.1
40 Ratings
14% below category average
Vena
-
Ratings
Single sign-on capability
5.932 Ratings
00 Ratings
Role-based user permissions
8.240 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics GP
5.4
41 Ratings
36% below category average
Vena
-
Ratings
Dashboards
3.529 Ratings
00 Ratings
Standard reports
6.239 Ratings
00 Ratings
Custom reports
6.539 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics GP
5.1
48 Ratings
39% below category average
Vena
-
Ratings
Accounts payable
6.445 Ratings
00 Ratings
Accounts receivable
5.936 Ratings
00 Ratings
Cash management
6.436 Ratings
00 Ratings
Bank reconciliation
5.741 Ratings
00 Ratings
Expense management
4.531 Ratings
00 Ratings
Time tracking
8.014 Ratings
00 Ratings
Fixed asset management
4.628 Ratings
00 Ratings
Multi-currency support
2.919 Ratings
00 Ratings
Multi-division support
3.026 Ratings
00 Ratings
Regulations compliance
3.314 Ratings
00 Ratings
Electronic tax filing
9.012 Ratings
00 Ratings
Self-service portal
7.012 Ratings
00 Ratings
Global Financial Support
6.07 Ratings
00 Ratings
Primary and Secondary Ledgers
4.721 Ratings
00 Ratings
Intercompany Accounting
3.918 Ratings
00 Ratings
Localizations
4.513 Ratings
00 Ratings
Journals and Reconciliations
4.726 Ratings
00 Ratings
Enterprise Accounting
2.916 Ratings
00 Ratings
Configurable Accounting
4.217 Ratings
00 Ratings
Centralized Rules Framework
3.914 Ratings
00 Ratings
Standardized Processes
6.219 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics GP
4.6
26 Ratings
46% below category average
Vena
-
Ratings
Inventory tracking
6.324 Ratings
00 Ratings
Automatic reordering
1.013 Ratings
00 Ratings
Location management
4.018 Ratings
00 Ratings
Manufacturing module
4.715 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics GP
3.7
25 Ratings
68% below category average
Vena
-
Ratings
Pricing
3.518 Ratings
00 Ratings
Order entry
3.521 Ratings
00 Ratings
Credit card processing
1.012 Ratings
00 Ratings
Cost of goods sold
5.325 Ratings
00 Ratings
Order Orchestration
5.49 Ratings
00 Ratings
End-to-end order visibility
3.912 Ratings
00 Ratings
Order exception Resolution
3.57 Ratings
00 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Microsoft Dynamics GP
-
Ratings
Vena
8.4
154 Ratings
9% above category average
Pixel Perfect reports
00 Ratings
8.4104 Ratings
Customizable dashboards
00 Ratings
8.6140 Ratings
Report Formatting Templates
00 Ratings
8.1146 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Microsoft Dynamics GP
-
Ratings
Vena
8.5
251 Ratings
5% above category average
Drill-down analysis
00 Ratings
8.8238 Ratings
Formatting capabilities
00 Ratings
8.8238 Ratings
Integration with R or other statistical packages
00 Ratings
7.8100 Ratings
Report sharing and collaboration
00 Ratings
8.6214 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Microsoft Dynamics GP
-
Ratings
Vena
8.5
202 Ratings
3% above category average
Publish to Web
00 Ratings
8.2118 Ratings
Publish to PDF
00 Ratings
8.7155 Ratings
Report Versioning
00 Ratings
8.5169 Ratings
Report Delivery Scheduling
00 Ratings
8.6154 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Microsoft Dynamics GP is well-suited for our environment, as we pay a diverse group of employees, including on-the-road drivers, shop employees (some in other locations), and office employees. It easily tracks time off, taxes, pay, etc. The reporting allows us to verify with our drivers how they are paid each week, whether it be through mileage or stop-offs.
Vena is great for managing data and putting all of your information in one easy-to-locate spot. It also makes finding data faster and easier. It is also great for tracking project performance and budgeting. It is fairly user-friendly and easy to use from an admin side.
Great Plains started as back office/accounting, and that is still it's strong suit.
SQL and the GP programming language, Dexterity, provide a robust, scalable, and stable platform with well documented maintenance and repair procedures. Relatively easy to manage, tune, and support.
Microsoft support for GP verges on "particularly well". Doesn't quite get there but good enough once you know what you're doing
Strong partner network, including the GP User Group (GPUG)
With respect to the allocations, once the expense is entered into the allocation account, you lose the ability to run any detail on just the total of the expense. It would be nice if you could run a trial balance on the allocation accounts the same way you can with regular accounts.
I've always thought security set up could be a bit simpler. It actually has gotten better through the years. Specifically, with eight separate entities, it would be nice to have a "master" setup where you could call up one group entity, assign the users rights, and then be finished. Currently, whenever I have a new user, I have to call up each individual entity and select all of the features I want the user to have. That means I have to do eight steps for each user.
Preparing forecasts under different scenarios can be challenging. Your input templates need to be set up to toggle between the various scenarios. We found that certain templates, particularly workforce were not able to easily switch between different scenarios.
Connection to Bamboo - initial testing of this resulted in the history being deleted and only showing the current employees. For us it was important to have the history in Vena.
No native connection to Tableau - while a CSV upload is a way around would be great to have this since you already have a Power BI connection.
Due the economic challenges that Puerto Rico is having, the company has had to merge some companies in order to be more efficient. It has been easy in GP to process those merges, even thought we had to spend days to accomplish that the process was smooth and accurate. In addition we were able to streamline the purchasing and sales process and the organization is confident to keep renewing GP for the future versions.
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.
Though it is a basic accounting package, I believe some users do not find the old style menus and navigation options intuitive. There is also a great lack of training resources in the market, so users have to learn the product without guidance a lot, resulting in inefficient workflows and misuse or misunderstanding of many features.
I would rate Vena's overall usability as an 8 out of 10. Vena offers a user-friendly interface, especially for those familiar with Excel, making it relatively easy to use. Most features are intuitive. However, some advanced functionalities may require more training or time to master, so it's not a perfect score. Overall, Vena provides a solid user experience that supports efficient financial planning.
Vena has been available and running. There are notifications well ahead of scheduled maintenance and so far, scheduled maintenance has been occurring during off hours and fortunately has not occurred during a time that is crucial for us to be actively using.
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
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.
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.
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.
Basically the challenge with this implementation was the Business Portal, too many errors and even the aplication is up and running the users are still having issues. We will start planning the migraton to GP 2015 soon.
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 come from a strong background of using SAP. SAP doesn't have the flexibility of GP, an example would be SAP doesn't allow core mods, if they catch you, you lose support. Microsoft doesn't really care about mods, but they will be quick to have the vendor you used support your issue if it is caused by those mods. With SAP your company adapts to the software, where with GP you adapt the software to you.
Vena is a strong fit for teams that want to keep working in Excel while adding structure, workflows, and a centralized database. Vena emphasizes its native Excel experience, along with planning templates, workflow automation, and integrations for budgeting/forecasting.
Planful is more positioned as an end-to-end financial performance platform, with a broader emphasis on planning, budgeting, forecasting, reporting, AI/ML-driven forecasting support, real-time collaboration, and enterprise-scale (including multi-entity/multi-currency environments). It also supports Microsoft 365 reporting via Spotlight. We selected Vena because it was a better fit for our current use case and team setup:
Our Operations and FP&A teams primarily use it for budgeting and forecasting, so the Excel-based workflow made adoption easier.
It was easier to implement and simpler for users to learn and operate day-to-day.
It fit well with our need to improve planning structure without forcing a major process change.
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
Microsoft Dynamics GP allows my clients to move from a paper or spreadsheet based company to an integrated, electronic, streamlined business. I love being able to help clients gain efficiencies through the use of Microsoft Dynamics GP.
Microsoft Dynamics GP allows for better customer service because everything is at our fingertips. If someone calls questioning an invoice, we can easily look it up. If someone calls stating they paid an invoice with a certain check number, we can quickly run a query to find that particular check number to see where it was applied.
Having everything on a single platform provides ease of use for upgrades, backups and end user training. There is only one software to learn!
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.