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Great FP&A tool
January 05, 2024

Great FP&A tool

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

Overall Satisfaction with Vena

Vena is a fantastic tool for any organization and the Vena implementation team is really helpful. I think its a money well invested for financial planning and forecasting. Also a great tool to use for anyone familiar with Excel functionalities. I think we will see great financial results with this implementation.
  • Planning
  • Forecasting
  • Connectivity with Power BI
  • Positive
Allie Wildbore has been a supportive vendor during the sales process and post-implementation. She provided us customer support to address issues that arose. Additional implementation services were available when needed. Although there were some challenges during initial implementation, Allie’s response has been quick and effective. I will be happy to recommend Allie to anyone looking for investing in Vena.
Vena has enabled more agile business decisions by providing time for data analysis. It allows finance teams to respond proactively to unique scenarios and update budgets accordingly. Reports that used to take long to build now take few minutes, allowing for rapid decision-making. This has led to more informed and efficient business planning.

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?

Yes

Would you buy Vena again?

Yes

Vena is well-suited for financial planning, analysis, budgeting, and creating custom financial reports. It’s beneficial for medium to large-sized organizations. However, it’s less appropriate for on-the-fly ad-hoc analysis. Some users prefer offline spreadsheets for such tasks. It’s also less effective for predicting multiple uncertain outcomes but overall a great investment.

Vena Feature Ratings

9.0
Long-term financial planning
7
Financial budgeting
10
Management reporting
10
9.3
Financial data consolidation
10
Journal entries and reports
10
Multi-currency management
6
Intercompany Eliminations
10
Local and consolidated reporting
10
Detailed Audit Trails
10
9.3
Financial Statement Reporting
10
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
9
7.2
Personalized dashboards
8
Color-coded scorecards
7
KPIs
7
Cost and profitability analysis
7
Key Performance Indicator setting
7
Benchmarking with external data
7
9.0
Flat file integration
8
Excel data integration
10
6.7
Pixel Perfect reports
7
Customizable dashboards
7
Report Formatting Templates
6
7.0
Drill-down analysis
7
Formatting capabilities
7
Integration with R or other statistical packages
7
Report sharing and collaboration
7
8.0
Publish to Web
7
Publish to PDF
10
Report Versioning
8
Report Delivery Scheduling
7
6.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
7
Location Analytics / Geographic Visualization
7
Predictive Analytics
6
9.6
Multi-User Support (named login)
8
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
10
Single Sign-On (SSO)
10
6.0
Responsive Design for Web Access
6
Dashboard / Report / Visualization Interactivity on Mobile
6