Vena is great!
May 14, 2022

Vena is great!

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

Overall Satisfaction with Vena

Pros

  • Modeling
  • Reporting
  • Analysis

Cons

  • Integration
  • Version history
  • More templates

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?

I wasn't involved with the implementation phase

Would you buy Vena again?

Yes

  • Faster budget process.
  • Ownership of budget process.
  • Better financial reports.
Vena has done a great job of reaching out to re-assess our needs now that we are operational. Vena also was able to answer questions that we might have had along the way and was always prompt in answering our questions. This has been a great support level that looks ready to keep growing.
Our budget process has been quicker to complete, and it has also allowed a deeper dive into the data. We are able to break down our sales budgets and forecasts by each sales rep, which also allows quick decisions to be made. Changes can be made on the fly to make sure we are always in lockstep with the sales team.
BlackLine and Vena are similar in ways that they can help analyze the GL for any variances or discrepancies. At face value, you might think they are separate flows and do not cross. But with the ability to do account recs within Vena, there is indeed overlap. We are in the process of getting account recs up and running in Vena, but it looks powerful so far.
Vena is being used by our company to tie all areas of the company together to achieve a complete budget function. It has also fostered a deeper relationship with our data, by allowing us to gain additional insights. Our sales team has been empowered to own more of the budget process, giving them more incentive to complete tasks on time and accurately.

Vena Feature Ratings

8.2
Long-term financial planning
9
Financial budgeting
8
Forecasting
9
Scenario modeling
7
Management reporting
8
8.3
Financial data consolidation
8
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
8
Minority Ownership
Not Rated
Local and consolidated reporting
9
Detailed Audit Trails
Not Rated
9.0
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
9
XBRL support for regulatory filing
Not Rated
9.0
Personalized dashboards
9
Color-coded scorecards
9
KPIs
9
Cost and profitability analysis
9
Key Performance Indicator setting
9
Benchmarking with external data
9
9.0
Flat file integration
9
Excel data integration
9
Direct links to 3rd-party data sources
9
8.7
Pixel Perfect reports
9
Customizable dashboards
9
Report Formatting Templates
8
9.0
Drill-down analysis
10
Formatting capabilities
8
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
9
Not Rated
Publish to Web
Not Rated
Publish to PDF
Not Rated
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
9.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
9
Location Analytics / Geographic Visualization
9
Predictive Analytics
9
10.0
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
10
8.0
Responsive Design for Web Access
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
8

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