Good platform
May 11, 2023

Good platform

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

Overall Satisfaction with Vena

Vena is primarily administered by the finance team manager; however, it serves as a valuable tool for contributors across the organization. Our team utilizes Vena for budgeting, forecasting, and reporting to address a variety of business challenges. Its functionality and flexibility make it an essential part of our financial management process.
  • Vena allows contributors to make live changes, and its powerful data management capabilities make it easier for the finance team to track and consolidate budgeting data.
  • Improving Forecasting Accuracy: Utilize analytics and forecasting models
  • training and resources: need more training and recourses to utilizes powerful functions in vena

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

  • improved budget and forecasting process
Vena has been a supportive vendor, providing customer support to address any issues that arise during and after implementation. Additionally, Vena offers additional implementation services if needed, which can be purchased separately from the original package. Overall, their support has been satisfactory and helped our organization to fully utilize the tool's capabilities.
Vena has enabled our organization to make more agile and rapid business decisions by providing real-time financial data and powerful analytics tools. With Vena's user-friendly platform, we can easily collect and consolidate data from various sources, giving us a holistic view of our financial performance.
Vena is an excellent solution for managing complex budgeting processes within the finance team. Its powerful data management capabilities and Excel-based interface make tracking, consolidating, and reporting of budgeting data easy. However, most new users often require additional training to fully utilize its functionality and get accustomed to its interface.

Vena Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
9
Scenario modeling
9
Management reporting
9
Financial data consolidation
9
Journal entries and reports
9
Multi-currency management
9
Intercompany Eliminations
9
Minority Ownership
9
Local and consolidated reporting
9
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
9
Personalized dashboards
9
Color-coded scorecards
9
KPIs
9
Cost and profitability analysis
9
Key Performance Indicator setting
9
Flat file integration
9
Excel data integration
9
Direct links to 3rd-party data sources
9
Pixel Perfect reports
9
Customizable dashboards
9
Report Formatting Templates
9
Formatting capabilities
9
Integration with R or other statistical packages
9
Report sharing and collaboration
9
Publish to Web
9
Publish to PDF
9
Report Versioning
9
Report Delivery Scheduling
9
Pre-built visualization formats (heatmaps, scatter plots etc.)
9
Location Analytics / Geographic Visualization
9
Predictive Analytics
9
Pattern Recognition and Data Mining
9
Multi-User Support (named login)
9
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
9
Report-Level Access Control
9
Single Sign-On (SSO)
9
Dashboard / Report / Visualization Interactivity on Mobile
9