Vena is Great!
February 24, 2022

Vena is Great!

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena

In our organization, Vena is a cross-functional tool used to consolidate multiple entities, report entity, and consolidated performance, and prepare entity and consolidated budgets and forecasts.
  • Consolidation of multiple entities on varying ERP platforms
  • Drives collaboration between functional/operational employees and finance employees
  • Vena is easy to use and user adoption is high due to Vena's direct interface with Microsoft Excel
  • Dashboard/KPI reporting capabilities within the Vena online experience
  • Expand the number of ERPs supported by direct integration

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 has revolutionized financial reporting at JF Petroleum Group and has saved countless hours in our reporting process
  • Vena has also revolutionized our budgeting/forecasting process. We are now able to perform forecasts whereas before Vena that was not possible due to the length of the process
We have a dedicated Customer Success Manager who checks in regularly and schedules quarterly updates.
Vena allows for more timely financial reporting, which allows us to be more nimble.
We evaluated Adaptive Insights as well as Vena. Overall, we chose Vena for multiple reasons. 1. Vena offered a better value proposition 2. Vena has a better user interface and better chance of user adoption.
Vena is great for organizations with multiple entities and multiple ERP platforms. Vena is great for driving collaboration between the business/operation departments and the finance department.

Vena Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
9
Scenario modeling
7
Management reporting
9
Financial data consolidation
9
Journal entries and reports
8
Multi-currency management
Not Rated
Intercompany Eliminations
9
Minority Ownership
Not Rated
Local and consolidated reporting
9
Detailed Audit Trails
9
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
10
Automated board and financial reporting
9
XBRL support for regulatory filing
Not Rated
Personalized dashboards
7
Color-coded scorecards
6
KPIs
6
Cost and profitability analysis
6
Key Performance Indicator setting
6
Benchmarking with external data
5
Flat file integration
9
Excel data integration
10
Direct links to 3rd-party data sources
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
6
Report Formatting Templates
6
Drill-down analysis
10
Formatting capabilities
10
Integration with R or other statistical packages
7
Report sharing and collaboration
9
Report Versioning
4
Pre-built visualization formats (heatmaps, scatter plots etc.)
5
Location Analytics / Geographic Visualization
5
Multi-User Support (named login)
9
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
4