It's the real deal!
December 14, 2023

It's the real deal!

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

Overall Satisfaction with Vena

Vena is being used by the finance and payroll department and by budget owners within every department of the organization. It allows us to have a centralized budget management tool and system. It allows us to consolidate our financial data and reporting in one place for more accurate analysis and decision making.
  • Cleaning, transforming, and consolidating data into a usable format
  • Highly customizable and flexible reporting to answer unique business questions
  • Amazing on-demand support chat for any technical issues with the platform
  • Provide more training resources for using integration channels and leveraging SQL query
  • Improve Power Automate connectors to allow for more flat file integrations. Automating flat files into Vena is one of our biggest pain points!
  • Improve user friendliness for end users. That is one of the biggest critiques that we receive from budget owners: they are intimated by the platform or simply struggle with using it.

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

  • After setting up all of my integration channels and ETL templates, I typically only spend 5-60 minutes of my day importing data that our end-users can access. I can't compare it to what we had before, but I think that is pretty good.
Our CSM has continued to be extremely helpful to our team, answering any questions we have, and ensuring our support grows with our changing needs.
It has completely transformed our compliance monitoring and reporting, allowing us to have on time data in minutes.
When debating if we would add Vena Insights to our system, we looked into Tableau and Power BI. Vena was more expensive per user, but because we already pay for Vena for FP&A, it would have ended up costing us more money, time, and effort to maintain a BI system that lives outside of Vena. Vena Insights was the right choice, allowing users to get all of their financial information in one system, and allowing us to keep all of our data in one place.
Vena is well suited for structured reporting and dashboards. Vena is not well suited for on the fly ad-hoc analysis. Most teammates prefer to just manipulate off-line spreadsheets or Google sheets

Vena Feature Ratings

Long-term financial planning
10
Financial budgeting
Not Rated
Forecasting
10
Scenario modeling
10
Management reporting
10
Financial data consolidation
10
Local and consolidated reporting
9
Detailed Audit Trails
9
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
9
Personalized dashboards
9
KPIs
9
Key Performance Indicator setting
9
Benchmarking with external data
Not Rated
Flat file integration
8
Excel data integration
8
Direct links to 3rd-party data sources
8
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
Drill-down analysis
9
Formatting capabilities
9
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
9
Publish to Web
1
Publish to PDF
Not Rated
Report Versioning
10
Report Delivery Scheduling
1
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)
Not Rated
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
10
Single Sign-On (SSO)
10