Automates Excel Reports Seamlessly!
October 25, 2022

Automates Excel Reports Seamlessly!

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena

Vena is currently being used with our accounting system (Intacct) to both track project budgets and create automated financial reports. Right now it is just being used by the accounting and finance departments, but these reports are circulated to both internal and external users. It addresses the problem of us having to manually create financial statements each month by hard keying items into excel and dual entry by also entering all of our data into a separate budget tracking system.
  • Seamless integration with Intacct
  • Reports are easy to use in Excel
  • Automation of reports saves time
  • Reports can be difficult to create without extensive training
  • Protecting a sheet to eliminate end user errors is important, but it would be nice to still be able to make cosmetic changes easily
  • There is sometimes a delay in opening reports and loading new reports

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

  • Created efficiencies in month end financial reporting
  • Saved accounting staff time that was used manually doing tasks
  • Reduced errors through double entry and user error
We have been working with a third party consulting firm for the Vena implementation and have not needed to rely on Vena's help.
The vena reports are available through a click of a button and are integrated with our accounting system so we know the reports are accurate. Information is delivered quickly and we do not need to wait for reports to manually be created, updated, and checked to make sure all information is there.
If you are using Excel extensively and manually updating numbers each month Vena can be a huge help in automating these tasks. Vena seamlessly communicates with an accounting system to sync everything over. I would not recommend Vena to someone that may not be as comfortable with the more advanced features of Excel and does not have the resources to hire an outside consultant to assist behind the scenes in report creation.

Vena Feature Ratings

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