Vena Solutions Reviews

Any organization that has the same P&L for multiple business units would benefit greatly!
Franchises, etc are a perfect fit.
Any organization that has multiple shadow systems in Excel can all be brought together in Vena.
Hotel management would be a great fit!
Reits and other infrastructure companies would be a great fit!

Vena is well suited for companies of all sizes as the tool is very scalable to your business size. It performs exceptionally well in an environment that is currently using an excel based solution, as the users will be familiar with the tool and can use existing knowledge to develop robust reporting.

Overall, Vena has many great features and functions, and the Vena team is constantly improving the solution. The only scenarios where Vena is lacking is spreading data from a parent member to children. This can be accomplished with Vena, but it's a little more involved compared to other technologies.

Based on customer feedback, Vena Solutions is supported across their organizations.

Vena is certainly very well suited for financial purposes. It is good for creating financial reports, financial budgets and modelling. It reads transactions deeply which helps reduce time overall and reduces the burden greatly for the finance department. It is comparably easy to use which makes it a better choice over others.

Vena is perfect for anyone who wants to retain the flexibility and user adaptability of Excel, yet improve data integrity and utilize a database platform.

I can recommend it because it can connect very well with our ERP system and this is a great advantage. In addition, Vena Solutions allows us to optimize our entire financial and budget system, which generates a positive ROI after the first few months using it. It is true that it is complex for many users, but this problem is solved simply with training, so I do not consider that the difficulty of using it is a serious problem.

It is a product that is well integrated and very easy to use for my entire team. Vena Solutions is really easy to use and no help from technical support is necessary because the functions are very simple. Vena Solutions does not require technical experience to be able to use it fluently.

Vena Solutions can be implemented in all the departments that we need, we would honestly carry out the implementation with immediate help from technical support because they give us confidence and know what is the best strategy to implement it and we know that with the technical support team we would save more than Half of the time. Vena Solutions can only be scalable if we are experts or requesting help, I think it is better with technical help.

I recommend it without thinking twice because Vena is one of the best to keep a good budget control. It is predictive, maintains control of accounts and creates the best solutions for financial data recording problems. Vena Solutions is the most reliable budgeting software on the market today and that is why I feel very confident recommending it to all businesses.

When we need to contact technical support, the response is always quick. We like it very much because we know that we are important as customers. They recognize our need and try to resolve it positively.

Vena Solutions has very easy-to-use tools for all users, it only has a complex configuration, but after solving this problem with Vena Solutions' technical support team, we can use all the functions without problems.

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.

This is a great solution for a smaller to mid-sized company that does not have a large number of data points (tens of millions). Using Excel as the primary user interface helps with change management because users are already comfortable with that tool. It is less appropriate for very large companies, as there can be performance issues. And if you have a large number of users (100+) it becomes cumbersome to audit the security and manage the processes with that many tasks.

The help desk has been very responsive when we have reached out. But the implementation team brought the score down. We are now having to re-work some of the templates because they were not initially created with the most efficient methods. We are frustrated that time is being spent to make these updates when Vena's team created them.

We have many tasks and each has to be manually updated. This allows for nice customization but makes the administration of these tasks cumbersome as there are so many for us to manage and update. There is not great audit tools for us to review that everything was set up correctly. It has a great visual workflow so that you can see the structure of tasks leading to review but you must double click on each one to review the details. It does provide a table view of this visualization but that becomes cumbersome to try to audit. It is hard to restart tasks as the processes have to be paused (preventing the users from saving/updating data) before we can restart a particular task. The end user is not able to see the workflow and does not know who submitted the task. However, if the individual templates are set up well, it makes it easy for the users to update/view the data.

All financial analysts will find Vena useful to be able to customize accounting data to any data model.

Instant support and around the clock feedback.

Very easy to use however no safeguards incorporated incase of errors.

Vena Solutions is well suited for companies that are looking for a dynamic ERP solution. The interface is well designed and relatively easy to use. Developing templates requires proficiency in Excel as well as a good understanding of how the database works. Vena works very well for the budgeting process; we have found it less useful in the month-end cycle.

Vena has a knowledge center with plenty of useful information (description of functionalities, case studies, FAQs) as well as a customer service ticket-based system. Customer Service is always responding promptly.

Vena Solutions was highly efficient when we wanted to search data for finer details such as the business statistics for a specific day or so, but while searching for a similar statistics report ranging across multiple dates it became a bit tiring as we needed to download and work on multiple files.

Although the initial setup for Vena Solutions was pretty difficult, they helped our team throughout the whole setup process and answered all our queries as soon as they could. Every time we raise a request or an issue with the support team, they respond back instantly and follow up periodically till our issue gets solved.

Their tool automatically recognises the crucial facts for the business such as budgeting, planning, resource and presents it in a dynamic presentable format in the dashboard which also gets updated in real time. It has filters which can be used to dial down to the required facts and focus on the data for the necessary section.

Vena Solutions is well suited for companies that rely heavily on Excel. By creating standardized input forms and reports the user can feel confident that the Excel connections are correct and can be trusted.

Furthermore, with different users, access data can be well protected or shared as needed.

Always prompt and available at all hours of the day.

Very user friendly and easily customized by users within the organization with help form Vena support

The workflow feature in Vena Solutions that will remind the appropriate team member for the due date is amazing. It works so well and is so easy to use and powerful. However, mapping data points can be time-consuming.

Vena Solutions support is always helpful and provides extra resources. There is a lot of self-learning though.

It is great when the reports are all set up during the implantations, but after reports updates involve a little bit more technical side.

This is a good third party software that works to integrate data from an ERP to a manageable and easily modifiable excel format to generate budgets and financials.

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.

The software has been very well designed to easily leverage off user's preexisting excel skills. This greatly lessens the learning curve making it easy to navigate and use.

Vena may be fine for a department or very small organizations. However, it is not an enterprise class tool. There is a reason they tend not to sell through IT or provide open access to their documentation and knowledge base (always a red flag in my opinion). A non-production tenant is not provided as part of the package. There is also only limited functionality for migrations between tenants. Migrating within a tenant is also challenging. There is no version control capability across the tool, and its own versioning is scattershot within it. Integrations have no version control at all, and some of the components code cannot even be copy-pasted to roll your own. I have resorted to copy-paste for scripts and accessible code, along with screenshots (yes, seriously) for other components with inaccessible code.

Additionally, integrations largely rely on the naming conventions of the objects. So even though there are folder structures, two objects in different folders cannot have the same names. This results in manual code changes when migrating from a non-production to a production model.

That said, the web interface isn't bad, and neither is the Excel add-in. The pieces your business users will see during the sales cycle. Excel-based reporting is robust. Web-based and ad-hoc reporting relies on Microsoft Power BI, licensed separately.

I will give Vena credit for at least trying and being initially responsive. However, it is clear that their attitude toward development is cavalier. We have engaged them both via helpdesk and on consulting engagements. The solutions provided are often given without proper testing, resulting in significant time spent on back-and-forth to get issues resolved, or fixing the code yourself. There does not seem to be much in the way of process or project management on their side for customer engagements.

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 10

End 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

Vena Solutions suits our needs as a hotel. There are thousands of financial transactions day in and day out, and managing them becomes crucial. The best part about Vena is that it can be used even by interns with minimal training. The Excel-like workspace is great and provides a familiar interface for carrying out basic financial record keeping.

Specific scenarios where Vena is well suited would be for financial reporting. Any financial reporting including forecasting/budgeting can be done quickly and accurately using Vena and templates you build. Scenarios where it's less appropriate would be aggregating loads of data to present in concise, user friendly format (Power BI more appreciate).

Well suited for teams with a strong knowledge of Excel and skills to admin a data base.
It is really well suited for an organization with a limited volume of data but I could see how the system would become slower and more difficult to manage for a company with many entities, large amount of transactions, etc.

The implementation process was difficult. They did not have the resources to roll-out the product on time so our team had to do most of the work that was supposed to be done by Vena.
However, now that we are up and running, the support desk provides very quick solutions to technical issues and our account manager has been great.

It is extremely easy to use the software right away because:
- it is Excel-based, so there is little to no learning curve for creating templates and reports
- the admin of the tool itself is very simple and intuitive (processes, workflows, etc)
The downside to that flexibility is the increased risk of human error, which can be mitigated by additional control and check files.

I think if you have challenges creating your budgets, Vena can be a suitable solution. Where the existing budgetary process is extremely complex with lots of other ERPs and systems involved, it may be challenging to fully integrate Vena.

The few times we had to reach out to Vena's CS team, we received fairly quick responses. As part of these responses, we were able to setup screen share calls where the support team walked us through the issues. In some cases, the original implementation team also stepped in to assist.

Vena is great to deploy one version of data and is customized to individual users using a standard template. Financial results, collecting budget data, forecasts, and notes for variance analysis from operational managers. It has been a great tool for my company. We keep improving our products to the customers of financial reporting. Users love the functionality.

They are quick to respond and allow users to self prioritize to help route questions to appropriate levels. They resolve or get me to the right person very quickly.

My users just see Excel, but as the admin I can do a lot to make my life easier. Templates, permissions, aggregations. If you are good with Excel Vena is awesome.

Vena Solutions is appropriate for:
- Detailed Excel-based financial models/reports
- Advanced-data modeling requirements
- Multiple processes

It is inappropriate for:
- Those who lack Excel knowledge or want to move away from Excel

Vena's support team is generally responsive and they do get to the end solution in most cases quickly. There can be specific issues that tend to take a bit longer to be addressed.

Generally easy to use, some areas are a bit technical in nature. The complexity depends on the use cases implemented really.

Planning, budgeting, and forecasting are perfect with Vena Solutions. Also, S&OP and Excel solutions usually fit well into Vena.

It is really good--quick reactions and friendly support. Also a lot of online articles on the support desk. The negative could be that it sometimes takes some time before your issue is really understood.

Really good in many situations.

Vena allows for ease of complex reporting. Vena can implement with Power BI, another software crucial to our business. Vena allows finance to involve our operations staff especially in the budgetting process. It formalizes the budgetting process and adds ownership to it. We've been able to speed up our yearly budget process to deliver more effective budgets and save many man hours with manual work.

Customer service has been very helpful and quite swift in replying to questions or technical problems. They are committed to a good customer experience. Our direct liaison has been extremely effective in leverage his in depth knowledge to help us succeed. The Vena general support team has helped troubleshoot various issues as well quickly and effectively.

There is an initial learning curve to Vena, but it's inherit excel platform allows many users to hit the ground running. The learning resources and support are also an effective way to build knowledge. The software also has siloed testing processes for those who are inclined to "tinker" and learn it themselves.

Based on our limited experience, we believe Vena Solutions will be an effective product at a reasonable price.

Good so far. Timely responses to our questions.

Although we are still very fresh with our experience with Vena Solutions, we believe the usability to be intuitive and consistent with our expectations. I'm sure there are numerous other features we have yet to discover, but so far, we haven't had to crack open user guides, etc to figure something out.

Vena is able to streamline our budget reporting process, as we are able to provide standardized reports to different stakeholders with increased accuracy and level of detail. The templating solutions it provides means we can create up to date reports without having to allocate massive amounts of resources, opening us up to client ad-hoc requests and improved analysis.

The response time of Vena's technical support team has always been quick and to-date there has been no issue that they have no been able to resolve with relative ease.