Vena has grown as our company has grown - we are both more valuable
May 12, 2023

Vena has grown as our company has grown - we are both more valuable

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

Overall Satisfaction with Vena

We use Vena for Financial Reporting, Operational Budgeting and just recently Forecasting. Vena is mainly used by the Finance team with annual input from the manufacturing plants for budgeting purposes. All levels of the organization have access to statements or reports specific for their department. This has kept information consistent and accurate.
  • Ease in presentation formatting
  • Handles complicated excel calculations
  • Allows our company to have consistent reports through out all departments
  • Additional training or insite into expressions or calculations
  • Allow all windows/lists to be sorted and be able to add other attributes
  • Do not require having to create a process flow

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

  • saves time processing financial reports
  • Cascading of statements takes a VERY long time
  • some changes have to be made manually to all statements
yes it has provided us with more timely and consistent reporting. allowing drill down as needed. summary and detail reporting within the same excel report
We were previously using FRx financial reporting. We were replacing it and looking into Mangement Reporter and Adaptive. Both products seemed too robust at the time. Vena seemed more manageable and easier to use. The investments that Vena has made in their training recordings and webinars are wonderful and allows administrators and designers to learn more and be efficient as report requests come ind.
I believe Vena is well suited for all company sizes.

Vena Feature Ratings

Long-term financial planning
Not Rated
Financial budgeting
10
Forecasting
Not Rated
Scenario modeling
Not Rated
Management reporting
Not Rated
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
Not Rated
Financial Statement Reporting
10
Management Reporting
Not Rated
Excel-based Reporting
Not Rated
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
10
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
Not Rated
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
Not Rated
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
Pattern Recognition and Data Mining
Not Rated
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
Not Rated
Single Sign-On (SSO)
Not Rated
Responsive Design for Web Access
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated