My personal experience using Vena
April 02, 2025

My personal experience using Vena

Nitya Khare | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena

Vena is a much needed tool for our company and my position of work. Since we are indeed need of our performance tracking and this tool is saviour for us. Our company works with multiple events like corporate, marriage, concerts, festivals, celebrities events etc. There multiple events going at the same time to keep track of all the finances of our events giving the full analysis and reports with various forecasts is what Vena do for us. It's saves our time and energy to do manually and integrates itself with the Excel.

Pros

  • Performance Tracking
  • Financial Planning for the Events
  • Creating detail report of every event and their analysis

Cons

  • Learning curve should be more easy.
  • Integration with different software can be challenging sometimes
  • Mobile access should be there to see the reports
  • Efficiency in financial budget
  • Finding the key trends
  • Secure budget eventsales clients happy and lead to gain more clients
Vendor has been supported well with the implementation phase of the tool. However I am from the business and marketing team, but my IT colleagues have informed me. Also the if any problems comes with the software I directly contact to the vendor and their response is prompt. I have no issues occurred while contacting them for technical issues.
What Vena does is in a very layman term took all the entries and data of all the previous events their actual expenses and match with the forecast budget. These analysis reports gives us the more clarity in manage finances. It also gives us the key indicators where we made loss or profits. The points where we need to change for more growth. And that's what is performance tracking of our business. We have using Vena for a while now and we have made new and retained clients too.

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?

I wasn't involved with the implementation phase

Would you buy Vena again?

Yes

There can be number of scenarios where this tool must fit. Like any service agencies, manufacturing companies Vena is much needed to keep track of all the goods, employees and their services. It also giving us the analysis of each supplies where we can track the key trend helps to grow more faster in our business. But for the small shops like grocery stores, small vendor markets might not need this software for them excel is good.

Vena Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
8
Scenario modeling
7
Management reporting
8
Financial data consolidation
9
Journal entries and reports
8
Multi-currency management
9
Intercompany Eliminations
8
Minority Ownership
9
Local and consolidated reporting
9
Detailed Audit Trails
9
Financial Statement Reporting
8
Management Reporting
9
Excel-based Reporting
10
Automated board and financial reporting
9
XBRL support for regulatory filing
9
Personalized dashboards
9
Color-coded scorecards
8
KPIs
8
Cost and profitability analysis
8
Key Performance Indicator setting
7
Benchmarking with external data
9
Flat file integration
9
Excel data integration
10
Direct links to 3rd-party data sources
7
Pixel Perfect reports
9
Customizable dashboards
8
Report Formatting Templates
8
Drill-down analysis
9
Formatting capabilities
8
Integration with R or other statistical packages
8
Report sharing and collaboration
9
Publish to Web
9
Publish to PDF
9
Report Versioning
8
Report Delivery Scheduling
9
Pre-built visualization formats (heatmaps, scatter plots etc.)
9
Location Analytics / Geographic Visualization
9
Predictive Analytics
8
Pattern Recognition and Data Mining
9
Multi-User Support (named login)
9
Role-Based Security Model
8
Multiple Access Permission Levels (Create, Read, Delete)
8
Report-Level Access Control
8
Single Sign-On (SSO)
9
Responsive Design for Web Access
8
Dashboard / Report / Visualization Interactivity on Mobile
8

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