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A great time saver that offers many benefits
May 11, 2023

A great time saver that offers many benefits

Brandon Donahe | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena

Vena was started as a financial planning tool being used by finance but it has since began to be noticed by other departments and will soon be adapted for company-wide usage. Vena allows our business to collect multiple sources of data into one centralized location, this allows the business to be more efficient - saving us time and ultimately money. It also allows us to display KPI's and provide dashboards across the organization for instant gratification for managers and execs alike.
  • Data centralization
  • Time Saver
  • Dashboards and KPIs
  • Budgeting and Forecasting
  • Workflows
  • A little heavy in setup time BUT better to have it setup correctly the first time!

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 time savings has been second to none
We had a great implementation team that still helps! We also have a dedicated rep AND the Vena help/tech team is great when extra FAQ's are needed to be answered.
Our finance team now has the time to do more analyzing of data instead of modeling/creating it. This allows for decisions to be better crafted and thought out, not to mention backed up with data!
Vena is perfect for organizations both large and small! The budgeting/forecasting process is second to none. If you love Excel - you will LOVE Vena. Vena is built on basis of Excel but addresses all the limitations that Excel provides.

Don't expect to plug and play with this product. There is a need for some personalization depending on your business. All things considered the implementation process is still very quick.

Vena Feature Ratings

9.6
Long-term financial planning
10
Financial budgeting
10
Forecasting
9
Scenario modeling
9
Management reporting
10
10.0
Financial data consolidation
10
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
10
10.0
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
XBRL support for regulatory filing
Not Rated
10.0
Personalized dashboards
10
Color-coded scorecards
10
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
Not Rated
10.0
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10
10.0
Pixel Perfect reports
10
Customizable dashboards
10
Report Formatting Templates
10
9.7
Drill-down analysis
10
Formatting capabilities
9
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
10
10.0
Publish to Web
10
Publish to PDF
10
Report Versioning
10
Report Delivery Scheduling
10
9.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
9
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
Pattern Recognition and Data Mining
Not Rated
10.0
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
10
Single Sign-On (SSO)
10
10.0
Responsive Design for Web Access
10
Dashboard / Report / Visualization Interactivity on Mobile
10