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Vena for Finance and beyond!
December 30, 2023

Vena for Finance and beyond!

Shelly Sennikoff | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena

We use Vena across the entire organization for our annual budget process and monthly financials and forecasting. We also use it to track various other items that support other departments, such as maintaining our program grant awards, providing site codes for our field staff, calculating site staff mileage stipends, etc. Vena has replaced and automated some very manual processes!
  • Allows us to create just one template that will replicate based on which business segments we want to report on
  • Allows end-users to dig into transaction details (our staff love this feature!)
  • Very flexible in the way you can slice and dice data
  • Enabling the print area setting on the Page Layout to flow to all worksheets in a report book
  • Enabling bulk sharing of dimension members (we currently have to do this one at a time)
  • Ability to drill transactions on calculated members
  • Eliminated the necessity to manually combine multiple Excel budget worksheets into one file in order to compile an org-wide budget
  • Allows end-users to be self-sufficient by having the ability to drill into transaction-level detail and conduct ad-hoc analyses
  • Created more bandwidth in the FP&A team to spend more time on more meaningful analysis
The Vena team has been great! Our initial implementation team was very well versed in the product and created some great reports and templates for us. We are now engaged in an EMS+ contract and our dedicated consultants are extremely knowledgeable, readily available, and an absolute pleasure to work with!
We are limited by the time it takes our Accounting team to close the books. We have some internal challenges that prevents us from producing timely financials.

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

Vena is very well suited to handle budgeting, forecasting, and reporting. The platform is very flexible, and I have been able to create some great reports that has allowed our team to deepen our analysis of our organization's performance. I also use Vena for other data storage and reporting, such as creating a site code directory for our field staff, developing an invoicing schedule for our AR department, and creating a workbook to facilitate calculating and reporting on our site staff mileage stipends.

Vena Feature Ratings

9.4
Long-term financial planning
9
Financial budgeting
9
Forecasting
10
Scenario modeling
9
Management reporting
10
9.0
Financial data consolidation
10
Detailed Audit Trails
8
9.5
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
8
9.0
Cost and profitability analysis
9
9.7
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
9
BI Standard Reporting ()
Not Rated
9.3
Drill-down analysis
10
Formatting capabilities
8
Report sharing and collaboration
10
9.0
Publish to PDF
9
Report Versioning
9
Report Delivery Scheduling
9
Data Discovery and Visualization ()
Not Rated
9.5
Multi-User Support (named login)
9
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
10
Mobile Capabilities ()
Not Rated