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Vena is a great tool for your company, it offers many more than what you can expect!
October 25, 2022

Vena is a great tool for your company, it offers many more than what you can expect!

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

Overall Satisfaction with Vena

We use Vena for everything on our organization, all the way from FP&A on the corporate side to time tracking for every individual. Every single one of us has to use Vena at least for the time tracking template and the rest use it on a daily basis, be it implementation or whatever is needed from it.
  • Great representation of data
  • ETL can be done from many different ERPs which is great
  • Facilitates data analysis
  • Can create many different types of templates (Financial, Labor, Time tracking)
  • LIDs I find really confusing because they don't often work on the same way
  • Validation rules have issues when you add more than one
  • Form block expansion

Do you think Vena delivers good value for the price?

Not sure

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?

I wasn't involved with the implementation phase

Would you buy Vena again?

Yes

  • Can have a chronological follow up on the financials of the company
  • Has freed up time with the time tracking and allows for a better understanding of times charged to the clients
  • Good for forecasting
I haven't been involved in conversations with the vendor other than getting new clients
I'm not on the financial decision making side of the company, I am a Vena implementator for our company's clients
I would recommend Vena to every one of my friends that owns or works on a medium to a big company, I find most of its capabilities are better seen when you have many departments, accounts, regions, etc. so for folks that are just starting their company without oustide funding it could be quite expensive and not use the full potential of the extension.

Vena Feature Ratings

8.8
Long-term financial planning
9
Financial budgeting
8
Forecasting
9
Scenario modeling
8
Management reporting
10
6.8
Financial data consolidation
10
Journal entries and reports
6
Multi-currency management
3
Minority Ownership
8
Local and consolidated reporting
8
Detailed Audit Trails
6
10.0
Financial Statement Reporting
Not Rated
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
9.0
Personalized dashboards
9
Color-coded scorecards
10
KPIs
Not Rated
Cost and profitability analysis
8
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
10.0
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
Not Rated
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
8.3
Drill-down analysis
8
Formatting capabilities
8
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
9
9.0
Publish to Web
Not Rated
Publish to PDF
9
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
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)
Not Rated
1.0
Responsive Design for Web Access
1
Dashboard / Report / Visualization Interactivity on Mobile
1