What users are saying about
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Top Rated
219 Ratings
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Top Rated
200 Ratings

Prophix

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Top Rated
219 Ratings
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Score 8.8 out of 100

Vena

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Top Rated
200 Ratings
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Score 8.7 out of 100

Feature Set Ratings

  • Prophix ranks higher in 2 feature sets: Access Control and Security, Mobile Capabilities
  • Vena ranks higher in 8 feature sets: Ad-hoc Reporting, Report Output and Scheduling, Data Discovery and Visualization, Budgeting, Planning, and Forecasting, Consolidation and Close, Financial Reporting and Compliance, Analytics and Reporting, Integration

Ad-hoc Reporting

8.5

Prophix

85%
8.6

Vena

86%
Prophix ranks higher in 2/4 features

Drill-down analysis

8.9
89%
48 Ratings
8.8
88%
111 Ratings

Formatting capabilities

7.9
79%
46 Ratings
8.9
89%
109 Ratings

Report sharing and collaboration

8.8
88%
45 Ratings
8.7
87%
98 Ratings

Integration with R or other statistical packages

N/A
0 Ratings
7.9
79%
37 Ratings

Report Output and Scheduling

8.5

Prophix

85%
9.0

Vena

90%
Vena ranks higher in 4/4 features

Publish to PDF

8.8
88%
41 Ratings
9.6
96%
70 Ratings

Report Versioning

8.0
80%
31 Ratings
8.9
89%
76 Ratings

Report Delivery Scheduling

8.5
85%
36 Ratings
9.4
94%
70 Ratings

Publish to Web

N/A
0 Ratings
8.0
80%
45 Ratings

Data Discovery and Visualization

7.7

Prophix

77%
7.9

Vena

79%
Vena ranks higher in 3/3 features

Predictive Analytics

7.7
77%
15 Ratings
8.4
84%
45 Ratings

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

N/A
0 Ratings
7.5
75%
54 Ratings

Location Analytics / Geographic Visualization

N/A
0 Ratings
7.8
78%
40 Ratings

Access Control and Security

9.3

Prophix

93%
8.8

Vena

88%
Prophix ranks higher in 2/4 features

Multi-User Support (named login)

9.3
93%
43 Ratings
9.4
94%
103 Ratings

Role-Based Security Model

9.3
93%
44 Ratings
8.7
87%
105 Ratings

Multiple Access Permission Levels (Create, Read, Delete)

9.2
92%
46 Ratings
8.4
84%
105 Ratings

Single Sign-On (SSO)

N/A
0 Ratings
8.8
88%
74 Ratings

Mobile Capabilities

8.8

Prophix

88%
8.2

Vena

82%
Vena ranks higher in 2/2 features

Responsive Design for Web Access

8.8
88%
22 Ratings
9.3
93%
55 Ratings

Dashboard / Report / Visualization Interactivity on Mobile

N/A
0 Ratings
7.1
71%
49 Ratings

Budgeting, Planning, and Forecasting

8.7

Prophix

87%
8.9

Vena

89%
Vena ranks higher in 4/5 features

Long-term financial planning

8.4
84%
122 Ratings
8.9
89%
130 Ratings

Financial budgeting

9.2
92%
143 Ratings
9.0
90%
138 Ratings

Forecasting

8.9
89%
137 Ratings
8.9
89%
134 Ratings

Scenario modeling

8.1
81%
116 Ratings
8.7
87%
123 Ratings

Management reporting

8.9
89%
143 Ratings
8.9
89%
136 Ratings

Consolidation and Close

7.8

Prophix

78%
8.5

Vena

85%
Vena ranks higher in 5/7 features

Financial data consolidation

9.0
90%
99 Ratings
8.7
87%
106 Ratings

Journal entries and reports

8.1
81%
60 Ratings
7.6
76%
80 Ratings

Multi-currency management

7.1
71%
44 Ratings
8.7
87%
76 Ratings

Intercompany Eliminations

7.5
75%
53 Ratings
8.8
88%
76 Ratings

Minority Ownership

6.0
60%
21 Ratings
8.3
83%
50 Ratings

Local and consolidated reporting

8.8
88%
83 Ratings
9.1
91%
90 Ratings

Detailed Audit Trails

8.2
82%
65 Ratings
8.4
84%
116 Ratings

Financial Reporting and Compliance

8.0

Prophix

80%
8.7

Vena

87%
Prophix ranks higher in 3/5 features

Financial Statement Reporting

8.9
89%
127 Ratings
8.7
87%
122 Ratings

Management Reporting

9.0
90%
138 Ratings
8.9
89%
125 Ratings

Excel-based Reporting

8.7
87%
124 Ratings
9.3
93%
132 Ratings

Automated board and financial reporting

8.6
86%
104 Ratings
8.5
85%
97 Ratings

XBRL support for regulatory filing

4.5
45%
2 Ratings
7.9
79%
35 Ratings

Analytics and Reporting

7.7

Prophix

77%
9.2

Vena

92%
Vena ranks higher in 6/6 features

Personalized dashboards

8.7
87%
112 Ratings
9.1
91%
89 Ratings

Color-coded scorecards

7.6
76%
82 Ratings
9.3
93%
66 Ratings

KPIs

7.7
77%
87 Ratings
9.8
98%
75 Ratings

Cost and profitability analysis

7.7
77%
91 Ratings
9.1
91%
82 Ratings

Key Performance Indicator setting

7.4
74%
73 Ratings
9.0
90%
78 Ratings

Benchmarking with external data

7.2
72%
48 Ratings
8.7
87%
59 Ratings

Integration

8.3

Prophix

83%
8.8

Vena

88%
Vena ranks higher in 3/3 features

Flat file integration

8.3
83%
108 Ratings
9.1
91%
109 Ratings

Excel data integration

8.5
85%
121 Ratings
9.1
91%
122 Ratings

Direct links to 3rd-party data sources

8.0
80%
101 Ratings
8.2
82%
102 Ratings

BI Standard Reporting

Prophix

Feature Set Not Supported
N/A
8.4

Vena

84%
Vena ranks higher in 3/3 features

Pixel Perfect reports

N/A
0 Ratings
8.3
83%
34 Ratings

Customizable dashboards

N/A
0 Ratings
8.4
84%
56 Ratings

Report Formatting Templates

N/A
0 Ratings
8.4
84%
60 Ratings

Attribute Ratings

  • Prophix is rated higher in 7 areas: Likelihood to Recommend, Likelihood to Renew, Usability, Availability, Performance, Support Rating, Online Training
  • Vena is rated higher in 2 areas: Implementation Rating, Product Scalability
  • Prophix and Vena are tied in 1 area: In-Person Training

Likelihood to Recommend

9.0

Prophix

90%
166 Ratings
8.7

Vena

87%
148 Ratings

Likelihood to Renew

10.0

Prophix

100%
16 Ratings
8.3

Vena

83%
10 Ratings

Usability

8.6

Prophix

86%
38 Ratings
7.6

Vena

76%
18 Ratings

Availability

9.7

Prophix

97%
31 Ratings
8.8

Vena

88%
4 Ratings

Performance

9.4

Prophix

94%
31 Ratings
8.4

Vena

84%
4 Ratings

Support Rating

8.7

Prophix

87%
202 Ratings
8.4

Vena

84%
92 Ratings

In-Person Training

8.6

Prophix

86%
9 Ratings
8.6

Vena

86%
2 Ratings

Online Training

8.3

Prophix

83%
10 Ratings
8.2

Vena

82%
2 Ratings

Implementation Rating

8.1

Prophix

81%
27 Ratings
8.3

Vena

83%
5 Ratings

Product Scalability

8.6

Prophix

86%
18 Ratings
8.8

Vena

88%
4 Ratings

Likelihood to Recommend

Prophix

Prophix is adaptable to many different types of organizations. It is an exceptional tool for budget development, even across complex organizations. Prophix also allows a much more flexible approach to financial reporting and analysis than is offered in most ERP systems. An added bonus is the ability that Prophix has to handle long-range planning and forecasting.
Mark Russell | 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

Prophix

  • Prophix helps tremendously with the budgeting process. It allows scalability when we add new programs. The flexibility of Prophix allows for an accurate and efficient budgeting process.
  • Prophix does an excellent job at building data integrations, which helps feed the most recent data into Prophix with no manual processes.
  • Prophix's customer support team is amazing and is always willing to help you build more functionality into the product as time goes on and additional needs are identified.
Alex Kaiser | 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

Prophix

  • More flexibility needed in dashboard chart design
  • More flexibility in how accounts roll-up (children added together = parent total; sometimes I need to average the children to get the parent, but that is not a current feature)
  • I wish ad hoc analysis was available for standard users
Marcia Jo Frazier | 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

Prophix

General

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

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

Prophix

Prophix 10.0
Based on 16 answers
The system works well for us, and meets all of our needs. All of our future plans can and will be achieved within Prophix, so there is no need to pursue another product. Prophix has continuously proven to improve their product over the years, which provides an even higher level of confidence in this tool, and future developments
Tim McCarthy | TrustRadius Reviewer

Vena

Vena 8.3
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

Prophix

Prophix 8.6
Based on 38 answers
The
data can be sliced and diced many ways, and each user is able to do it however
they like. It is easy to create or run existing reports. We have made many of
our processes more efficient, and Prophix has allowed us to save more time than
you can imagine. We
are able to use Prophix for Expense tracking, Expense and Capital planning, reforecasting,
Compensation planning, Project tracking, Expense allocation, GAAP PLOB
reporting, and still have several more tasks to implement through Prophix
Anonymous | TrustRadius Reviewer

Vena

Vena 7.6
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

Prophix

Prophix 9.7
Based on 31 answers
Prophix has never been unavailable in the 3 years we have used the system. Any outages we have had have been due to internal issues not the Prophix software itself
Anonymous | TrustRadius Reviewer

Vena

Vena 8.8
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

Prophix

Prophix 9.4
Based on 31 answers
Prophix has always performed consistently. We are using on-premise so many factors can contribute to slower than desired performance, most having nothing to do with Prophix itself. If we move to the web-client cloud based solution I believe performance will even be better.
William Van Hulzen | TrustRadius Reviewer

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

Prophix

Prophix 8.7
Based on 202 answers
The Prophix staff is very helpful and quick to respond. I like that they teach me instead of doing it for me when possible, so I don't have to contact them as often! Never talked to anyone at Prophix that I didn't respect or think highly of! Very professional, great customer service!
Anonymous | TrustRadius Reviewer

Vena

Vena 8.4
Based on 92 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

Prophix

Prophix 8.6
Based on 9 answers
The initial integration consultant was very helpful in making sure we were set up with all the essential uses we required: reporting/budgeting/forecasting. There was a learning curve but our consultant made it very easy to understand and helped me be comfortable in my Global Admin role in the system. Even after integration, we were given support whenever I came up with an idea I would get in touch and I would be trained on how I can implement it.
Anonymous | TrustRadius Reviewer

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

Prophix

Prophix 8.3
Based on 10 answers
We used our system and created a test cube to work with our own data. We ran through the different functions of Prophix and covered alot of material. We did two sessions a week, with homework tasks assigned. We were able to ask questions and cover any questions during the followup sessions.
Anonymous | TrustRadius Reviewer

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

Prophix

Prophix 8.1
Based on 27 answers
Prophix Consulting should bring, in house, chargeable expertise in Oracle EBS table access for Drill Across and provide reasonable limits on dimension member combinations so there are no unreasonable expectations about the application of multi dimensional cubes to detail, such as revenue by product and customer.
Carl Evans | TrustRadius Reviewer

Vena

Vena 8.3
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

Prophix

Workday Adaptive Planning had some excellent looking features such as report design and processing speed and efficiency. Fiserv Prologue really excels at providing banking specific functionality built-in. We ultimately felt the Prophix provides the best blend of the other two's strengths and did so with a great value for the price and excellent customer service through sales, product, marketing and integration.
Ben Swinney | 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

Prophix

Prophix 8.6
Based on 18 answers
We are a medium sized company, but the structure of Prophix would seemingly adapt to whatever sized organization you have. It also can be applied in any area of an enterprise that needs performance management, whether it involves financial data or not. The potential for application within the enterprise is really only limited by you imagination.
Kevin Warnick | TrustRadius Reviewer

Vena

Vena 8.8
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

Prophix

  • Not only did it cut significant time off our budgeting cycle, but it allowed us to do things we couldn't even do in excel versions (i.e., load in another month of data for comparables three days before presenting to executive team).
  • Month-end reporting has resulted in the ability to continually tweak reporting to focus end-users on what's important; our previous reporting package (inside our accounting software) was far too cumbersome to make this work.
  • Moving all of my other data functions inside Prophix has resulted in not only a lot more efficiency for me, *but* it allows me answer about 95% of ad hoc questions coming at me with the data I now have stored, as opposed to starting from scratch by extracting raw data out of our original systems every time.
Michael Senchuk | 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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