What users are saying about
225 Ratings
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Top Rated
201 Ratings
225 Ratings
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Score 7.5 out of 100

Vena

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Top Rated
201 Ratings
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Score 8.6 out of 100

Feature Set Ratings

  • Oracle Hyperion Enterprise Performance Management ranks higher in 6 feature sets: BI Standard Reporting, Access Control and Security, Budgeting, Planning, and Forecasting, Consolidation and Close, Financial Reporting and Compliance, Integration
  • Vena ranks higher in 5 feature sets: Ad-hoc Reporting, Report Output and Scheduling, Data Discovery and Visualization, Mobile Capabilities, Analytics and Reporting

BI Standard Reporting

8.7

Oracle Hyperion

87%
8.4

Vena

84%
Vena ranks higher in 2/3 features

Pixel Perfect reports

10.0
100%
5 Ratings
8.3
83%
34 Ratings

Customizable dashboards

8.0
80%
6 Ratings
8.4
84%
56 Ratings

Report Formatting Templates

8.0
80%
6 Ratings
8.4
84%
60 Ratings

Ad-hoc Reporting

8.5

Oracle Hyperion

85%
8.6

Vena

86%
Oracle Hyperion Enterprise Performance Management ranks higher in 2/4 features

Drill-down analysis

8.0
80%
10 Ratings
8.9
89%
110 Ratings

Formatting capabilities

9.9
99%
9 Ratings
9.0
90%
108 Ratings

Integration with R or other statistical packages

7.1
71%
3 Ratings
7.8
78%
37 Ratings

Report sharing and collaboration

9.0
90%
6 Ratings
8.8
88%
97 Ratings

Report Output and Scheduling

7.5

Oracle Hyperion

75%
9.0

Vena

90%
Oracle Hyperion Enterprise Performance Management ranks higher in 2/4 features

Publish to Web

10.0
100%
6 Ratings
8.1
81%
45 Ratings

Publish to PDF

10.0
100%
6 Ratings
9.6
96%
70 Ratings

Report Versioning

2.1
21%
6 Ratings
8.9
89%
76 Ratings

Report Delivery Scheduling

8.0
80%
5 Ratings
9.4
94%
70 Ratings

Data Discovery and Visualization

7.7

Oracle Hyperion

77%
7.9

Vena

79%
Vena ranks higher in 2/3 features

Pre-built visualization formats (heatmaps, scatter plots etc.)

6.9
69%
3 Ratings
7.4
74%
54 Ratings

Location Analytics / Geographic Visualization

7.2
72%
3 Ratings
7.8
78%
40 Ratings

Predictive Analytics

9.0
90%
4 Ratings
8.4
84%
45 Ratings

Access Control and Security

9.9

Oracle Hyperion

99%
8.8

Vena

88%
Oracle Hyperion Enterprise Performance Management ranks higher in 4/4 features

Multi-User Support (named login)

9.9
99%
9 Ratings
9.4
94%
102 Ratings

Role-Based Security Model

9.9
99%
7 Ratings
8.8
88%
104 Ratings

Multiple Access Permission Levels (Create, Read, Delete)

9.9
99%
8 Ratings
8.3
83%
104 Ratings

Single Sign-On (SSO)

10.0
100%
7 Ratings
8.9
89%
73 Ratings

Mobile Capabilities

6.0

Oracle Hyperion

60%
7.4

Vena

74%
Oracle Hyperion Enterprise Performance Management ranks higher in 2/3 features

Responsive Design for Web Access

8.0
80%
5 Ratings
7.8
78%
54 Ratings

Mobile Application

5.0
50%
3 Ratings
N/A
0 Ratings

Dashboard / Report / Visualization Interactivity on Mobile

6.0
60%
3 Ratings
7.0
70%
49 Ratings

Budgeting, Planning, and Forecasting

9.8

Oracle Hyperion

98%
8.9

Vena

89%
Oracle Hyperion Enterprise Performance Management ranks higher in 5/5 features

Long-term financial planning

10.0
100%
19 Ratings
8.9
89%
129 Ratings

Financial budgeting

10.0
100%
22 Ratings
9.0
90%
137 Ratings

Forecasting

10.0
100%
23 Ratings
9.0
90%
133 Ratings

Scenario modeling

9.5
95%
18 Ratings
8.8
88%
122 Ratings

Management reporting

9.5
95%
23 Ratings
9.0
90%
135 Ratings

Consolidation and Close

9.8

Oracle Hyperion

98%
8.6

Vena

86%
Oracle Hyperion Enterprise Performance Management ranks higher in 7/7 features

Financial data consolidation

10.0
100%
20 Ratings
8.8
88%
106 Ratings

Journal entries and reports

10.0
100%
19 Ratings
7.7
77%
80 Ratings

Multi-currency management

10.0
100%
13 Ratings
8.9
89%
76 Ratings

Intercompany Eliminations

10.0
100%
18 Ratings
8.8
88%
76 Ratings

Minority Ownership

10.0
100%
13 Ratings
8.4
84%
50 Ratings

Local and consolidated reporting

9.4
94%
19 Ratings
9.1
91%
90 Ratings

Detailed Audit Trails

9.4
94%
19 Ratings
8.4
84%
116 Ratings

Financial Reporting and Compliance

8.9

Oracle Hyperion

89%
8.7

Vena

87%
Oracle Hyperion Enterprise Performance Management ranks higher in 3/5 features

Financial Statement Reporting

10.0
100%
21 Ratings
8.8
88%
122 Ratings

Management Reporting

10.0
100%
20 Ratings
8.9
89%
125 Ratings

Excel-based Reporting

10.0
100%
20 Ratings
9.3
93%
132 Ratings

Automated board and financial reporting

7.9
79%
16 Ratings
8.4
84%
97 Ratings

XBRL support for regulatory filing

6.7
67%
11 Ratings
8.0
80%
35 Ratings

Analytics and Reporting

8.2

Oracle Hyperion

82%
9.2

Vena

92%
Vena ranks higher in 6/6 features

Personalized dashboards

8.4
84%
19 Ratings
9.1
91%
89 Ratings

Color-coded scorecards

7.9
79%
16 Ratings
9.3
93%
66 Ratings

KPIs

9.1
91%
17 Ratings
9.8
98%
75 Ratings

Cost and profitability analysis

9.1
91%
17 Ratings
9.1
91%
82 Ratings

Key Performance Indicator setting

8.4
84%
15 Ratings
9.0
90%
78 Ratings

Benchmarking with external data

6.4
64%
14 Ratings
8.7
87%
59 Ratings

Integration

10.0

Oracle Hyperion

100%
8.9

Vena

89%
Oracle Hyperion Enterprise Performance Management ranks higher in 3/3 features

Flat file integration

10.0
100%
20 Ratings
9.2
92%
109 Ratings

Excel data integration

10.0
100%
22 Ratings
9.1
91%
122 Ratings

Direct links to 3rd-party data sources

10.0
100%
14 Ratings
8.3
83%
102 Ratings

Attribute Ratings

  • Oracle Hyperion Enterprise Performance Management is rated higher in 1 area: Likelihood to Recommend
  • Vena is rated higher in 2 areas: Likelihood to Renew, Support Rating

Likelihood to Recommend

9.5

Oracle Hyperion

95%
25 Ratings
8.8

Vena

88%
147 Ratings

Likelihood to Renew

5.0

Oracle Hyperion

50%
1 Rating
8.4

Vena

84%
10 Ratings

Usability

Oracle Hyperion

N/A
0 Ratings
7.7

Vena

77%
18 Ratings

Availability

Oracle Hyperion

N/A
0 Ratings
8.7

Vena

87%
4 Ratings

Performance

Oracle Hyperion

N/A
0 Ratings
8.4

Vena

84%
4 Ratings

Support Rating

8.0

Oracle Hyperion

80%
2 Ratings
8.5

Vena

85%
91 Ratings

In-Person Training

Oracle Hyperion

N/A
0 Ratings
8.6

Vena

86%
2 Ratings

Online Training

Oracle Hyperion

N/A
0 Ratings
8.2

Vena

82%
2 Ratings

Implementation Rating

Oracle Hyperion

N/A
0 Ratings
8.4

Vena

84%
5 Ratings

Product Scalability

Oracle Hyperion

N/A
0 Ratings
8.7

Vena

87%
4 Ratings

Likelihood to Recommend

Oracle Hyperion

Well suited: For use in multiple offices around the world. I was able to obtain financial reporting data from 5 foreign offices and then consolidate their data with 3 domestic USA offices to prepare a consolidated financial statement.Less Appropriate: Translating the financial value for consulting services could be a bit challenging because that required human interaction and judgement. It would have been great to be able to set up some software to be able to interpret this and let it run for all future project work revenue projection.
Anonymous | TrustRadius Reviewer

Vena

Vena has shortened month-end processing time by half the time. We required a lot of long days of training for months to implement this process. The implementation and cross-training could benefit from more training materials for the primary user to share with new contributors. Typical integration times for other systems have been 6 months. I would say both for the good and bad, Vena has so many different processes to offer the integration time for our company on this system is still ongoing a year later.
Anonymous | TrustRadius Reviewer

Pros

Oracle Hyperion

  • This product handles budgeting by Employee and/or Position very well. It is highly flexible and allows Hyperion administrators the ability to develop a planning application that fits a variety of different business needs.
  • It is great at calculating benefits using business rules to automate the population of these fringe costs in the overall budget planning process. This greatly reduces user error.
  • It allows you to seed the operating budget based on changes to key drivers, such as percentage increases, flat dollar increases and more detailed changes using business rules.
  • Allows visibility into the plans for each unit across the organization, rolled up into an overall budget for the campus.
  • It handles the creation of budgets with multiple chartfield segments or dimensions, which most other budgeting systems cannot handle well. It can aggregate these very quickly.
Teal Sexton | TrustRadius Reviewer

Vena

  • Vena is easily adoptable by new users because it is Excel based. Staff are not intimidated by the software.
  • It's easy to distribute monthly reports to the staff with Vena's workflows and Report Books. Once those are set up, distributing monthly financials to individual departments is an easy process.
  • It's easy for us to upload data from our accounting system - at the transaction level - to Vena. We simply download a file from our accounting system and upload it into Vena. Whatever manipulation of the data that's required is done by Vena. We don't have to do anything.
  • Vena's customer service is excellent. Their customer service reps. are pretty good and I will say they are fair-minded during contract renewals. I never feel like they're gouging me. They are decent people to work with.
Anonymous | TrustRadius Reviewer

Cons

Oracle Hyperion

  • One pain point for us is the consolidation and translation process. Needing to translate the data over and over again is frustrating and there is no visibility into how many users are running a translation. If multiple users attempt to translate the same data set, say goodbye to your performance but you have no way of knowing! (Unless you want to pull up a task audit which is not a very realistic expectation). It has the been the quickest way for us to bring the system to it's knees. The consolidation process performs in direct correlation to the complexity of the calculation/consolidation rules. So, while the product is extremely flexible, you still have to be careful how you design your rules and calculations to make sure that you do it on the smallest subset of data as possible to avoid large processing times. This makes sense, but requires some significant expertise that most organizations do not have in-house.
  • The Hyperion Financial Reporting product is ridiculously outdated and clunky to use. The interface for designing reports is not intuitive, and not easy to modify once a report is built. I think there must be a strategic decision to move away from it and go to something more like Oracle BI because I just can't understand why in the world they don't update the reporting product. It also requires a significant level of expertise to be able to use. Not a great solution at all if you want multiple end-users to create reports in something other than Excel. Nobody except the HFM admin (which I used to be) in our company even touches this module.
  • Another pain point is the amount of IT support that is required to run this thing, and again, specialized knowledge of Hyperion products and how they work is required for IT to adequately support it. This goes for application servers and the Oracle database that the applications are running on.
Matt Downing | TrustRadius Reviewer

Vena

  • Template automation encountering issues due to certain excel functions used.
  • Mac users often have issues.
  • There should be a built-in option to automatically overwrite actual periods with actual data in forecast scenarios.
  • Users must be proficient in Excel to use Vena to its full potential.
Choy Chu | TrustRadius Reviewer

Pricing Details

Oracle Hyperion

General

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

Starting Price

Vena

General

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

Starting Price

Likelihood to Renew

Oracle Hyperion

Oracle Hyperion 5.0
Based on 1 answer
We're in the middle of the road because we are not sure that other products on the market fit the bill for what we need yet. Hyperion is expensive and burdensome from an administrator and maintenance standpoint, but it still seems to be the best solution for what we need. Show us an equally capable SaaS consolidation product and we'll talk again.
Matt Downing | TrustRadius Reviewer

Vena

Vena 8.4
Based on 10 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

Oracle Hyperion

No score
No answers yet
No answers on this topic

Vena

Vena 7.7
Based on 18 answers
This is split between usability from an end-user perspective and administrative. Administrative - The tool is lacking in a cohesive way to administer the tool, both from more of a back-end perspective (ETL/Integrations, scripting, etc.) as well as from a business administrative (Processes, Models, etc.). On the more back-end IT related aspects, the tool is a mishmash of modules that were clearly developed in stovepipe fashion. Basic feature/functionality aspects such as version control, auto vs manual save, etc. differ between the code preparation components. It is also lacking in any sort of coherent version control. Not all pages display the context information, so extreme caution must be used. There is also no coherent migration strategy. The process and model navigation has been somewhat challenging for our business administrators, often requiring assistance from Vena when creating or altering templates. 2 of 10End User - This is better. The Excel add-in generally functions well. Creating basic templates is straightforward, and there is a large degree of flexibility when creating reporting templates. Being part of Excel puts many users into a comfort zone. The toggle switch between template and data mode is not well conceived, and the add-in pop-ups occasionally have issues on multi-monitor displays. 6 of 10
Anonymous | TrustRadius Reviewer

Reliability and Availability

Oracle Hyperion

No score
No answers yet
No answers on this topic

Vena

Vena 8.7
Based on 4 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

Oracle Hyperion

No score
No answers yet
No answers on this topic

Vena

Vena 8.4
Based on 4 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

Oracle Hyperion

Oracle Hyperion 8.0
Based on 2 answers
The premium support team provides much needed dedicated customer service which we are after for what we have paid for this service. We are satisfied with the service and support and do not have any instance where there was an issue that requires escalation to get the right support team. Though the incidence of major issues that requires the premium support are less, we prefer to keep this as a safety net.
Anonymous | TrustRadius Reviewer

Vena

Vena 8.5
Based on 91 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

Oracle Hyperion

No score
No answers yet
No answers on this topic

Vena

Vena 8.6
Based on 2 answers
The original training was onsite and over two weeks. Since our original onboarding the company has come out with a training website to aid in user self directed needs.
Anonymous | TrustRadius Reviewer

Online Training

Oracle Hyperion

No score
No answers yet
No answers on this topic

Vena

Vena 8.2
Based on 2 answers
The online training was effective, it would be nice to see a more personalized solution. I understand the training is tailored for all industries, but it would be nice to see industry-specific use cases.
Steve Vosburg | TrustRadius Reviewer

Implementation Rating

Oracle Hyperion

No score
No answers yet
No answers on this topic

Vena

Vena 8.4
Based on 5 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

Oracle Hyperion

I use Oracle Hyperion Enterprise Performance Mangement because the company I work at requires me to use it in the Financial Planning sector as most of their data is stored in it. I am open minded and ready to use other performance management tools created by Oracle if my work permits.
Ricky Bhatia | TrustRadius Reviewer

Vena

Vena's interface and software felt more intuitive to use than the other companies that our company had considered using. In addition, the community that supports and backs up Vena is immense and extremely friendly. To me, this seems like a good indicator that Vena is used around the world and has something to offer to everyone.
Anonymous | TrustRadius Reviewer

Scalability

Oracle Hyperion

No score
No answers yet
No answers on this topic

Vena

Vena 8.7
Based on 4 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

Oracle Hyperion

  • Oracle Hyperion allows us to automate and consolidate financial data that used to be performed manually in spreadsheets. From that perspective the ROI is huge.
  • Oracle Hyperion functionality is extensive and allows us to perform most functions for planning, consolidating and reporting on our financial data.
  • One negative with Oracle Hyperion is that it is complicated to implement and maintain. It takes expertise at all levels (infrastructure and management) to realize the benefits from it.
Anonymous | TrustRadius Reviewer

Vena

  • Through the roof! Time savings were never quantified but when you save weeks of time, not much more needs to be said.
  • We are way more efficient in our budgeting and forecasting processes as a result of utilizing the Vena workflow processes.
  • Just having information at our fingertips to perform our duties is priceless!
Darrell Rooney | TrustRadius Reviewer

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