Nimble but Robust Software
March 09, 2024

Nimble but Robust Software

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena

We use Vena primarily within Finance and Accounting. But the reporting out of it is seen across the entire enterprise, including materials for our executive team and board of directors.
  • Hierarchy
  • Standardizing data across systems
  • Scenarios/Forecasts
  • System Connectivity
  • More established business processes/templates
  • Finance Admin, minimal IT time
  • Saves hours each close across finance/accounting with consolidation and automatic reporting of results
We used a third party contractor affiliated with Vena for our implementation/support.
Yes, we've been able to properly organize and speak to our data in more meaningful way. In addition, we've gone further by creating allocation templates to better distribute costs to our products for even more robust understanding of drivers.

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 provides a means of standardizing and organizing data that otherwise isn't congruent. In acquisition led businesses where there is still legacy data structure to work through, Vena helps get everything into one common structure and language, regardless of system or data format.

Vena Feature Ratings

Long-term financial planning
8
Financial budgeting
8
Forecasting
8
Scenario modeling
8
Management reporting
9
Financial data consolidation
9
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
5
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
7
Financial Statement Reporting
8
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
7
XBRL support for regulatory filing
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
7
Cost and profitability analysis
8
Key Performance Indicator setting
6
Benchmarking with external data
3
Flat file integration
8
Excel data integration
8
Direct links to 3rd-party data sources
3
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
Drill-down analysis
7
Formatting capabilities
8
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)
8
Role-Based Security Model
8
Multiple Access Permission Levels (Create, Read, Delete)
8
Report-Level Access Control
8
Single Sign-On (SSO)
8
Responsive Design for Web Access
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated