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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Workday Adaptive Planning
Score 7.9 out of 10
Mid-Size Companies (51-1,000 employees)
Workday Adaptive Planning(formerly Adaptive Insights) is a financial planning and reporting tool. It includes automated budgeting and forecasting, financial reporting, and other active planning capabilities, including integrations with third-party products like Salesforce.
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Pricing
Vena
Workday Adaptive Planning
Editions & Modules
Professional
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Complete
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No answers on this topic
Offerings
Pricing Offerings
Vena
Workday Adaptive Planning
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
Yes
Entry-level Setup Fee
Optional
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.
*Vena offers special pricing for not for profit organizations. To learn more, speak to an expert.
Ultimately we decided on Vena because of the Excel interface which we knew would improve adoption. We also like the platform agnostic integration and easy-to-use web interface. The OLAP cube was also appealing to allow for a variety of pivoted reports.
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, …
When looking at other tools, we were concerned about end user adoption and Vena stood out because of the use of Excel. It is a familiar format and provides almost endless flexibility when considering business processes that can be added. At first, Adapative was a front runner …
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 …
I really like Vena for organizations with smaller finance teams. Excel is at the heart of Vena so there is a less new technology for them to learn. All three solutions have strengths that make them appropriate for specific organizations.
Vena allowed for the most customization that made everything easy for us with our complicated system of managing allocations across products and time by employees.
We went with Vena because of its ease of use, i.e. the ease in which the staff was able to adapt the system and use it. We went with Vena because they were very reasonably priced - a huge consideration for a nonprofit like mine. And, we went with Vena because I am able to …
At the end of the day, Vena offered great value without having to involve IT. It was an easy to implement system for us. We could query the data from our financial system and created a process to send it to Vena using Box and Microsoft Power Automation (formerly Flow). Because …
Clearly a better fit for our company from a culture perspective. Adaptive sales team was super pushy and not a good fit for us. Also, the system would have LET us work in Excel, but that was not its main interface.
We selected Vena because it was moldable to our disparate systems. Ideally I'd have something sit natively within our ERP. But since our data points come from places outside of the ERP we needed something we could quickly and easily leverage and use Excel as our basis because …
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 …
Selected based on ROI for the size of business we were and where we were on our data journey. Vena still has great functionality for where it is positioned and the additional functionality we can get from other tools is not quite justified for the jump in cost as yet.
All of the products we reviewed essentially re-create an Excel template in a browser, but without all the functionality that Excel provides. The solutions we reviewed require formula syntax to be learned as the syntax is different than Excel formulas. Some of the solutions …
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 …
After researching several CPM products, Adaptive and Prophix actually both met our needs quite well. The Adaptive Sales & Design Team went above and beyond in the early stages of exploring whether Adaptive could meet some of our very specific needs. Adaptive's customer …
Adaptive was more flexible, able to be maintained without heavy IT involvement, cost effective, had no additional hardware requirements, and since it is a cloud platform, updates are automatic.