Vena - A Timely, User Friendly Budgeting Solution
December 18, 2023
Vena - A Timely, User Friendly Budgeting Solution
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Vena
We just recently implemented Vena and are piloting it across one country of our organization. This solution addresses our budgeting and quarterly reforecasting process which touches all departments in the country, but most specifically Operations and Finance. The use this system to do both our revenue and expense planning and have worked with the Vena team to tailor our templates to our specific needs with specific driver based assumptions. Ex. marketing costs are a % of apartment income, etc.
- Seamless user interface as it is leveraging the well-known Microsoft Excel interface
- User friendly mapping/template building. While it can seem complex at first, it really is a simple mapping exercise once the 'cube' has been built out.
- Customer service and ongoing support have really stood out throughout this process as well.
- Throughout the sales/implementation stage, there were several instances where items we thought were included, were not. More clear definitions would be helpful.
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?
No
Did implementation of Vena go as expected?
Yes
Would you buy Vena again?
Yes
Vena was right alongside of us the entire time of implementation and after. We have finished our first-round implementation and Vena support is already working with us on end user trainings, troubleshooting, etc. They have been extremely responsive and reaching out occasionally to check in on things.
By reducing the amount of time needed to manipulate large volume templates, we can quickly pivot direction and easily collate the data to review and respond. For example, if we decided to create a new GL and wanted to determine what total costs we'd expect to see in this line throughout a reforecast, it is as simple as adding this on the master template which updates for all 50+ end users to populate.. all in a moments notice.
We selected Vena over the competitors due to their Excel Add-On and the user adoption we felt we'd get by simply tacking onto Excel.