FP&A Software with Endless Possibilities
Updated November 07, 2025

FP&A Software with Endless Possibilities

Andrew McFarlane ✪ | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena

Vena is used by the FP&A department to manage the annual budget, monthly rolling forecasts, and actuals. It's a tool that helps department heads know the details behind their available budgets so that there are no questions when it comes to "how much do I have left to spend each month." I was able to also build out a cash flow forecasting model that ties to the P&L and HR data so that everything works together and is updated at the same time. It's a tool that has helped with variance analysis and catches errors, excess spending, and improve our view into what is happening financially for the company.

Pros

  • Budgeting.
  • Variance Analysis.
  • Detail Transactional Drill Downs.
  • Forecasting.
  • Reporting.

Cons

  • More standard reports.
  • We've gone from a 4-day FPA monthly close cycle to 4 hours.
  • The ability to get quick answers to questions has increased dramatically (ability to answer questions on the fly and scenario plan very quickly).
Their support team is very responsive and helps you work through your issues. Be sure to save those email communications for future reference if you get stuck too!
The ability to manage our P&L and cash flow at the same time has been extremely valuable for our decision-making. We can do scenario planning very quickly and see its impacts on cash and the P&L to help drive major business decisions.
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.

Do you think Vena delivers good value for the price?

Yes

Are you happy with Vena's feature set?

Yes

Did Vena live up to sales and marketing promises?

Yes

Did implementation of Vena go as expected?

Yes

Would you buy Vena again?

Yes

Vena is basically a supercharged Microsoft Excel add-on that ties to your database. This allows for infinite possibilities with your model building since most finance people are already proficient with Excel. It also allows you to build reports and lockdown every cell except for the ones that you want contributors (other non-admin users) to adjust. It helps you manage your workbooks in a way that is virtually foolproof so that people that use your sheet don't have to worry about breaking anything.

Vena Feature Ratings

10.0
Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
10.0
Financial data consolidation
10
Journal entries and reports
Not Rated
Multi-currency management
10
Intercompany Eliminations
Not Rated
Minority Ownership
10
Local and consolidated reporting
10
Detailed Audit Trails
10
10.0
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
10.0
Personalized dashboards
10
Color-coded scorecards
10
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
10.0
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10
10.0
Pixel Perfect reports
Not Rated
Customizable dashboards
10
Report Formatting Templates
Not Rated
10.0
Drill-down analysis
10
Formatting capabilities
10
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
10
10.0
Publish to PDF
10
Report Versioning
Not Rated
5.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
5
9.0
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
8
Single Sign-On (SSO)
8
10.0
Responsive Design for Web Access
10

Vena Solutions Attributes

Their general support is pretty responsive (max 24 hours) but when you work directly through one of their CSMs then the response time can be much faster. If you purchase coaching hours then you can get things sorted out pretty quick. Over time you learn the software and need support less, but it's always helpful to have it ready when you need it.
It's very usable in the sense that it is what you make it. You can keep your Excel spreadsheets as they are then then add Vena's cloud saving capability on top of it or you can take their out of the box templates and apply them to your business. It's truly a super customizable and is what you make of it.

Using Vena

1 - FP&A is the main team that utilizes Vena.
1 - In order to support Vena you need to be detail oriented, quick to learn, and able to understand data hierarchies. It can take some time to get used to in the beginning with how the mappings all work, but once you get the hang of the principles you will be fine.
  • Forecasting
  • Budget vs. Actuals Variance Analysis
  • KPI/Metrics Tracking
  • Strategic Business Decision Making
  • We've been able to connect our forecasting capabilities so that when we update labor in one template, it's able to impact the P&L forecast, Cash forecast, and balance sheet forecast
  • We've been able to use it to build out very nuanced kpi's
  • more detailed forecasting in various categories (new logo, expansion, contraction, churn... by each individual product we have)
We've been able to build out Vena to a point where it can handle all of the many use cases easily. Especially annual planning and scenario planning.

Evaluating Vena and Competitors

Yes - BudgetPak. Too archaic and was difficult to manage inputs
  • Cloud Solutions
  • Scalability
  • Integration with Other Systems
  • Ease of Use
Needed something that could integrate with Salesforce and scale as we grow
I'd look for software that allows for high customizability. Every business is nuanced in it's own way and this is critical to be able to adapt.

Vena Support

ProsCons
Quick Resolution
Good followup
Knowledgeable team
Problems get solved
Kept well informed
No escalation required
Immediate help available
Support understands my problem
Support cares about my success
Quick Initial Response
None
I haven't yet, but intend to in the future. I'm a one man band in FP&A at my company and I don't have the time to be able to handle certain builds that I want to do... So I'm planning on enlisting help with building out future templates. a
A simple story was when I was trying to create a copy of one of my templates to then map contractors to it instead of Full Time Employees so that I could be more detailed in contractor spend tracking. I couldn't get my new mappings to work so I reached out to my support person and was on a call later that day. We were able to resolve the issue quickly and efficiently. I also learned how to handle that same issue if it ever occurs again in the future.

Using Vena

ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Consistent
Quick to learn
Convenient
Feel confident using
None
  • The saving of data to the cloud is easy and helpful to be able to pull that data down into other templates
  • Learning how to do the mappings at first took a bit to grasp, but is easy after you learn it. Though, it can become difficult again if you start to have multiple blocks in one template.

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