Vena Solutions for immediate insights
October 27, 2022

Vena Solutions for immediate insights

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

Overall Satisfaction with Vena

We are a consulting company formerly called The DB Group and we implement solutions to clients using Vena. We also teach the client how to use it for them to keep maintaining and adding new templates/processes. We are currently implementing it on our new parent company, Citrin Cooperman. It has helped organize data internally and get much more insights.
  • Automate templates and reduce human error when reporting
  • Making the budgeting process better and less time consuming
  • More time to the finance team means they can add more value to their company
  • Process standardization
  • Mac Users. They are now including Mac Users using Vena 365 but there is room for improvement
  • Global Files could have Process Variables and the ability to be restored to previous versions
  • Integration folders could be duplicated. Not just channels

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

  • The added value to a company compared to cost to implementing Vena, makes it impossible to not consider
  • The freed time means the finance department can focus on more value adding things
  • Human error when reporting is almost null, meaning insights are more accurate
Vena is the best vendor I've worked with in terms of support. They are constantly at the clients side and they focus on delivering the best after implementation support, not only accomplishing the sale. They really have the clients satisfaction as the most important thing. They are friendly and available.
By organizing a companies data and automating reports linked to graphs and dashboards, Vena will immediately take the data that has been integrated to it and let the finance team look at important KPIs and compare their performance to their last year sales and their budget. In terms of agile decisions, Vena is a vital tool.
I have never used similar softwares but Vena leveraging Excel is unique. Excel is a widely known tool
Vena is a software that can be leveraged with Excel and can be used on companies regardless of their size. It helps automating tedious tasks and elevating your spreadsheet planning in order to gain better insights that would greatly help your company while avoiding repeated processes and reducing human error.

Vena Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
Financial data consolidation
10
Journal entries and reports
10
Multi-currency management
10
Intercompany Eliminations
6
Minority Ownership
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
10
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
10
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10
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
10
Publish to Web
Not Rated
Publish to PDF
10
Report Versioning
10
Report Delivery Scheduling
10
Pre-built visualization formats (heatmaps, scatter plots etc.)
10
Location Analytics / Geographic Visualization
10
Predictive Analytics
10
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
10
Responsive Design for Web Access
10
Dashboard / Report / Visualization Interactivity on Mobile
10