Vena is the Robin to Excel's batman.
October 20, 2022
Vena is the Robin to Excel's batman.
Score 7 out of 10
Vetted Review
Verified User
Overall Satisfaction with Vena
We use Vena within our corporate department. This tool is used mainly for our FP&A and has been very helpful in streamlining our process for quarterly and budget reporting. Previously, we have been using Excel to perform our forecast and budget, but we always encountered problems with broken links and were also frustrated with having to update every single workbook in order for us to consolidate our results.
- Flows changes and updates to our forecasts seamlessly where we know the numbers are reflected in all of our reports.
- Ability to create ad hoc custom reports.
- Having the ability to pull different scenarios, periods, and years easily to have comparatives for better analysis.
- Integrated well into excel where you don't feel like you're using a completely different tool.
- Inability to collaborate with a teammate in the input templates.
- Not integrated with word documents which would be helpful for our MD&A report.
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?
I wasn't involved with the selection/purchase process
Did implementation of Vena go as expected?
Yes
Would you buy Vena again?
Yes
- When there were changes in our forecast/budgets, we were able to get updated reports and tables instantly, which resulted in completing our tasks quicker and more efficiently.
- Increase in mental health on the team, knowing that we did not have to worry about excel links breaking.
- Faster turnaround time for our stakeholders when they wanted us to generate ad hoc reports.
We implemented Vena using a consulting company that worked closely with Vena. The implementation process took about 4 months to complete. The consultants were friendly and competent and after our contract was up, we were still able to gain Vena support directly with the Vena support team. They are well-trained and were able to understand and resolve the issues in a timely manner.
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