Qvinci vs. Vena

Vena is exceptional for reporting, budgeting, and forecasting. We completely replaced Adaptive for all financial planning and analysis activities, eliminating the need to version dozens of Excel spreadsheets for those purposes. Our business users now have confidence in their numbers and are much happier and less overworked than before. Productivity and job satisfaction have skyrocketed. A happy workplace is a more productive workplace. For financial planning, Vena is exceptional. It is less useful for non-financial systems, such as marketing.

Incentivized

• Bringing all of our financial processes together in one place
• Helps Operations and Finance to see what is happening in real time at each site.
• It makes the budgeting process very easy for Operations to input and Finance to go in and check alongside at the same time.

Incentivized

• Create an bottom-line functionality.
• 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.

Incentivized

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.

Incentivized

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.

Incentivized

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.

Incentivized

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.

Incentivized

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.

Incentivized

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.

Incentivized

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.

Incentivized

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

Then, we were more able to interface with some of the other systems that we already had, and it was Excel-based and very user-friendly. Also, like the fact that Vann was able to create many of the reports and schedules we were doing offline, I was able to automate them for us.

Incentivized

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

Incentivized

• 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.

Incentivized