Vena for Financials
August 26, 2022

Vena for Financials

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

Overall Satisfaction with Vena

Vena is used by the finance department for financial forecasting and reporting. This includes forecast hours, actual hours, and reporting (both by resource and by projects). Vena is used on a twice-monthly basis and goes through an approval/reviewer process.
  • Budgeting
  • Forecasting
  • Resource load
  • Costing
  • Reduce number of steps to be followed.
  • File expires too fast.
  • No way to retrieve the checked-out file once it expires or close by saying do not save to vena.

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

  • Not sure if Vena is easily scalable and feel complicated sometimes.
  • Easy to fill in and manage the forecasts.
I am a user and have not been involved during implementation.
The ease of filling in the information and being able to do the forecasting and submitting the financials on a twice-monthly basis has really helped in providing only the details needed and fast.
Though there is room for reducing the number of steps to reach the desired out, like loading Vena plugins, expiring too fast, and being unable to retrieve once closed without saving, overall, Vena is very flexible and straightforward to use it.

Vena Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
10
Management reporting
4
Financial data consolidation
8
Local and consolidated reporting
3
Detailed Audit Trails
6
Management Reporting
1
Excel-based Reporting
3
Automated board and financial reporting
6
Personalized dashboards
1
Color-coded scorecards
8
Excel data integration
9
Drill-down analysis
6
Formatting capabilities
5
Report sharing and collaboration
2
Report Versioning
8
Multi-User Support (named login)
9
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
9