Excel-based Tool. Great for Reporting and Budgeting
July 02, 2025

Excel-based Tool. Great for Reporting and Budgeting

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

Overall Satisfaction with Vena

Vena is our go-to software for reporting. We use them as our central source for inputting data, creating reports, and distributing those reports to leaders across the organization. We started with budgeting revenue and expenses, but have since expanded to capital budgets and more detailed financial/labor/statistical reports. It was our preferred choice because of their connection to Excel. It makes it easier for our accounting team to build reports and for our end users to access and read their numbers. Also, it saves countless hours each month when new data is uploaded. Reports are automatically updated and distributed making my month end much smoother.

Pros

  • Budgeting - manage reports and workflow all in Vena. great combo of using standard and custom reports. much easier to keep organized than our process before Vena.
  • Report Distribution - ability to set data permissions so whenever we input a new dataset, reports are automatically updated and readily available for all users.
  • Customer Support - helpdesk is quick to respond and knowledgeable. tons of resources on demand to learn all aspects of Vena. they have expert services at an additional cost that are wonderful.

Cons

  • Creating reports from scratch can be challenging, especially when first becoming a client. But Vena has been testing new report building tools to solve this.
  • If you want to do more in depth building of data modeling/transformations, it can be complex and hard to learn on your own.
  • cut our budgeting cycle in half with time saved on distributing reports and consolidating numbers
  • month end distribution of financial/labor/statistical data is all done in about half a day. it's still a little manual because we don't have 3rd party connections with Vena, but probably takes 20% of the time it would normally take without Vena.
Overall, Vena has been very supportive. Implementation was through a 3rd party recommended though Vena. we used them because there would have been a wait for a Vena team. looking back, it went okay but would have preferred to use a Vena team to ensure we were setting up everything under best practice. Support from Account management was fantastic when we had the right guy. We utilize their Expert services since we have a small team and they are incredible.
Vena has made reports available in a much more timely manner than our previous processes. It isn't necessarily real time data but it's quite close now. Now our leaders can react much faster to the data and problems can be nipped before they persist into the next month.

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

Whether you have processes you are looking to make more efficient or starting from scratch, Vena is a great tool to handle both. When we started with Vena all of reporting was either very manual or frankly nonexistent. Vena was pivotal in bringing us from zero to 10 in a short time. it helped us streamline the process of gathering data to the end reporting.

Vena Feature Ratings

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

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