Mid-size company user of Vena
March 17, 2023

Mid-size company user of Vena

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

Overall Satisfaction with Vena

We are using Vena as a budgeting/forecasting tool as well as financial reporting for our company. The organization as a whole is using the software. This system replaced a very antiquated software that was not user friendly.

Pros

  • Ease of use, very intuitive
  • Dynamic and flexible for the various business needs
  • Drill features allow total visibility from a roll up down to a ledger transaction.

Cons

  • HR module is not as seamless as the financial side
  • System processes can be limiting at times
  • Developers can be slow to react to an issue

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?

I wasn't involved with the implementation phase

Would you buy Vena again?

Yes

  • Reporting efficiency
  • Management research time
  • Budget / Forecast process time cut in half
We have a very engaged rep - Lily who is great. She steps up to the plate for the good, bad or indifferent.
Better information, more timely with a larger distribution
Budgeting and forecasting - I have used a lot of budgeting tools, but Vena stands out as a solid tool for our organization and myself. It has seamless reporting, real time updates, total visibility and can be managed very well centrally.

Subledger detail from a sub system is best suited to be researched on that platform. Vena can give you the end product or even some detail in the middle. However, true lower-level detail is suited for your other systems.

Vena Feature Ratings

Long-term financial planning
7
Financial budgeting
9
Forecasting
9
Management reporting
9
Financial data consolidation
9
Detailed Audit Trails
9
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
9
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
8
Cost and profitability analysis
8
Key Performance Indicator setting
7
Benchmarking with external data
Not Rated
Flat file integration
Not Rated
Excel data integration
Not Rated
Direct links to 3rd-party data sources
9
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
Drill-down analysis
10
Formatting capabilities
9
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
Not Rated
Publish to Web
10
Publish to PDF
9
Report Versioning
10
Report Delivery Scheduling
10
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)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
9
Responsive Design for Web Access
9
Dashboard / Report / Visualization Interactivity on Mobile
9

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