Growing experience
May 11, 2023

Growing experience

Anonymous | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena

Vena is currently being used by finance and accounting department.

Pros

  • generating standard monthly reports
  • creating financial comparisons over multiple periods
  • organizing data in a simple form with the option to "drill down" to get additional information

Cons

  • automate live updating of information.
  • create an "app" feature instead of accessing vena through a webpage.
  • more descriptive outline of errors when uploads failed.

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

  • increase efficiency in finanacial reporting
  • saves time through consolidation
  • setup of initial reporting is a bit time consuming
I don't have information regarding contributory efforts for the sales processing.
Vena has contributed towards efficiency of creating reporting which can or will be improve on timeliness for decision making. Vena is still in the implementation process at our organization, so the full effect of it's potential is not yet realized.
Vena is well suited in areas such that require consolidation of data for comparison purposes as well as for budgeting and forecasting. It is also useful for showing or comparing data across different periods ( historical vs current data). It is less appropriate in situations which require a lot of assumptions or input of data from external sources or data reporting that requires research.

Vena Feature Ratings

6.0
Long-term financial planning
5
Financial budgeting
6
Forecasting
5
Scenario modeling
6
Management reporting
8
6.3
Financial data consolidation
7
Journal entries and reports
6
Multi-currency management
6
Intercompany Eliminations
7
Local and consolidated reporting
6
Detailed Audit Trails
6
7.8
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
8
Automated board and financial reporting
7
5.0
Personalized dashboards
5
Cost and profitability analysis
5
6.0
Excel data integration
6
Not Rated
Report Formatting Templates
Not Rated
6.5
Drill-down analysis
8
Formatting capabilities
5
Report Output and Scheduling ()
Not Rated
Data Discovery and Visualization ()
Not Rated
5.0
Multi-User Support (named login)
5
Mobile Capabilities ()
Not Rated

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