Vena Solutions Reviews

Vena is used within our business to create regular budgeting reports for any clients that we provide financial consulting to. It has allowed us to create a standardized report format that can be implemented across a number of different business types. We are able to use templates that we have created to regularly update our business reports and share them with our clients. If a client has a specific format or metric they would like included this can be added to their specific template, which really saves time during busy periods.

We are using Vena across the entire organization for internal management reporting, monthly variance analysis, budgeting, reforecasting, project Pro-forma planning, and we are building three-year-plan capabilities now. We have separate models for attendance projection, personnel planning, Capex planning, and finally a financial model where it all rolls up, and where non-wage expenses are planned. The small FP&A team manages the platform, and we make everything as self-service as possible for end-users. It is our FP&A system for all but GAAP financial reports.

Vena Solutions is a technology that we partner with at our organization. We resell and implement the product for our customers. Our customers range from hospitality, health care, project management, manufacturing, and others. There are several big business problems that Vena addresses. First, everyone loves Excel and people are reluctant to change. Since Vena is Excel based, users feel more comfortable with it. There is less resistance to the change and less of a learning curve upon implementation. Second, Vena does not require constant and ongoing consulting time. Our customers are self sufficient with making changes to the model and templates. Third, Vena has an organized workflow process and status tracker. It allows the FP&A team to see where all contributors are in the process. In addition, the FP&A team is not trying to collect numerous Excel sheets via email or shared locations. Fourth, Vena has excellent audit capabilities. The solution audits data saves in cells and changes to templates (with the ability for comparison to prior versions). It's built in to the solution, which means there is no need to exhaustively dig through log files. It's just a few clicks!

We use Vena in our Financial Planning & Analysis Department in South Florida. We use this tool during our Forecasting and Budgeting times. Currently, I am more in the intermediate stages of more Vena report building and design. I adapted a bit quicker than others because I have many years of advanced Excel and VBA experiences. I am always ready to learn more about Vena's excellent compatibilities with tips and tricks during the yearly conference. Most importantly, I think it helped us a lot with streamlining multiple data sources into one area; and working with other departments such as the Accounting has been easier. Vena has made refreshing a common click practice to bring in new daily/weekly/monthly data in one report FASTER and EASIER.

We are using Vena to provide budgeting and forecasting for our clients. Within my role, Vena is mainly used to create forecasting models and provide analysis to measure the impact of business decisions. With Vena's Excel-based interface it was easy to take our existing knowledge and use this to build upon, safe in the knowledge that our insights our accurate and continue to be data-driven.

Vena is used from both an internal point of view and within our financial consulting division. Its primary use is financial forecasting and the analysis of monthly budgeting reports. We have found Vena to work well within these applications because we are able to standardize our monthly forecasting within an easy to understand report. We were able to hit the ground running with Vena thanks to the Excel-based interface, which has allowed departments that may not use it as regularly as others to adopt it without any problems.

We use Vena Solutions in many departments. We have always had knowledge of Excel, and that is why we quickly got used to using this software. We are always on the lookout for any unforeseen events that people who are unfamiliar with spreadsheets may have, but with constant training and existing Vena tutorials, we are happy because the data is recorded without problems.

Vena Solutions is used as part of our internal team and works wonderfully. It addresses the strategic planning aspects of our core team. It helps in profitability planning and analysis, even under dynamic automotive market conditions in the automotive sector and other related product launches. The tool has helped the team to come out with profitable products.

I mainly use Vena for financial forecasting although within the company we also use it for standard budget reporting. Vena works for me because of its flexibility, I can set up a number of regular forecasting reports using templates, this then gives me the time to create more ad-hoc and in-depth reporting for both our own company and external clients that we deal with. The fact that I can do both these things on one platform has helped my workflow massively.

Vena is used within our company for budget report building and financial forecasting. The cloud-based platform works perfectly for me. I often need to access multiple reports created by colleagues, now that we complete these reports within Vena, we have a central system in which you can access what you need to without having to request it.

We use Vena for basic and regular budgeting reports as well as financial forecasting and ad-hoc reporting. Vena has taken what we were able to complete within Excel and streamlined it. Our regular budget reports are now almost completely automated thanks to the template solutions Vena offers. This has given us more time for ad-hoc reporting, which Vena has also handled very well.

Vena Solutions is being used for financial budgeting, both for our own finances and partners that we provide consultation for. We also use it to run forecasting models and reports, which we are able to complete more regularly and with much more accuracy with Vena. Since Vena Solutions's introduction, we have been able to place more emphasis on our in-depth forecasting models as we are more confident in their results.

Vena Solutions is being used for our budgeting needs, as well as financial data consolidation. Vena is working well for us as a company as we can collate all data we need in the one place, with an easy to access portal and a familiar Excel style interface. The amount of time saved by having one central system has been significant.

From my areas of work, Vena is mainly being used for the collation of all our financial data, creating one place to access all our data sources and from there we can then use Vena to analyze this data. The Excel-based interface has made it easy to adapt to Vena and the cloud-based network has made it easy for me to input any new data we receive, safe in the knowledge that it is secure.

Vena is used within the company to satisfy a number of needs. For me, it is used to run regular financial forecasting models for external clients that we manage. Often a client will request a report and with Vena we are able to easily run these reports on short notice and share them effectively. It has also been effective for our own financial planning as we can import multiple data sources into one easy Excel-based platform. Allowing colleagues at every level of experience to handle different types of data.

We use Vena in a number of departments, mainly with a focus on forecasting. I have found Vena helpful for me because I am able to access reports from other parts of the company without having to request them directly, this has saved a lot of time. As the process of making certain financial documents has been standardized I am now much more confident in the accuracy of any documents that are created using Vena.

Vena Solutions is being used by our Accounting department for budgeting and forecasting, although we are starting to implement it in more areas that deal regularly with financial information regularly. From an administrative point of view it has helped standardize financial reports and moving forward we hope to have a completely streamlined workflow with standard documents and processes for all departments to submit accurate financial data with.

Vena is used within our team mainly for budgeting and forecasting although we believe there is scope to expand this into further areas and standardize financial report building across the company using Vena. The template building tool has saved massive amounts of time allowing us to focus on more in-depth reporting. It also provides us with confidence that each report built by one of our templates is 100% correct, something that we found was a massive positive.

The ability to track data is what caught our attention about Vena Solutions because it is good that it is unified with Excel, as everything is very accurate and the configuration options are adequate. This software is being used by all the departments that require to keep track of the accounts, the selected data, and the customer data that are totally necessary to maintain order in the company.

Vena Solutions has helped us to implement a tool efficient enough to visualise the business data and process being done in our organization. We were able to create visual information from huge piles of raw data in the form of dashboards and reports in a fraction of the time that we used to do before. It has made us more agile and has also helped the business stakeholders greatly as they no longer need to rely on an IT team for statistics, once the initial setup is done.

We use Vena for budgeting and forecasting within my department with several other teams starting to use Vena within their workflow. Vena has allowed us to create a more uniform budgeting approach while still maintaining the familiarity of using Excel. Just in a much safer and more powerful way. It has allowed us to quickly share data with areas of the business that request it without the need for a complicated system in order to keep things secure.

At this time, the use of Vena Solutions is required in different departments for monthly data and budget management, eliminating our old manual information collection system, which only generated many technical errors, generally basic errors and very easy to solve. They were caused by not having an integration with Excel and ERP. All employees have access to data records on a monthly and permanent basis with Vena Solutions. All this translates into savings of time, effort, headaches and money. Finally I want to mention that not everything is perfect with Vena Solutions, the connection with the ERP requires a high technical knowledge and it took us more than a month to adapt.

With Vena Solutions, I have the knowledge of well-documented financial analysis. I can establish parameters for better compliance with our goals and cost savings. We use it for SOX compliance. We always viewed the daily data reports and monthly I have a good statistical analysis of the monthly reports. The only thing wrong with Vena is the long learning curve.

There are various uses for Vena as well as financial analysis for the month-end mainly, we can establish advanced and detailed budget criteria. In addition, the data visualizations are very light and detailed, resulting in good access to financial data information, budgets, analysis, and we managed to complement and adapt solid strategies with our ERP system and its connection with Vena Solutions. We have only had a few delays in understanding all the features because not all users are EXCEL experts.

We are currently using Vena for monthly board and department-level reporting. Using Microsoft Dynamics GP as our accounting system, adding new accounts always caused a lot of manual intervention in reports. Vena's more dynamic system helps better incorporate these new accounts as we go. It also gives the departments the ability to run reports themselves.

On the budgeting side, the automated workflows will make it much easier to track who has and hasn't completed their budget. We historically had to hire a temp each year to spread and input our budget into GP. We no longer have to do that, which will save us about $35,000 per year. The system is truly paying for itself, which is helpful in a nonprofit environment where budgets are tight.