Valuable Vena for All
April 19, 2025

Valuable Vena for All

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

Overall Satisfaction with Vena

We use Vena in our organization to help plan and forecast monthly revenue by project and related expenses. We use in finance as well as in our operations and practice areas to plan down to project categories for billings as well as hourly costs and utilizations.

Pros

  • Budget
  • Workflows
  • Reporting & Analysis
  • PowerBI Dashboards
  • Ease of Use with Excel

Cons

  • Out of box Reporting
  • Operational Planning
  • More Real-Time Financial Analysis
  • Better Budget Collaboration
  • Faster Forecasting & Month-End Reporting
Vena has provided good support and enablement directly through their PS team to setup, configure, and train the team to use and interact with Vena. We also have a CS and partner individual to help us with day to day questions.
It allows us to turn data on a dime that required a lot more manipulation and manual intervention to get to the relevant data needed for investors and others in the organization to make decisions. It allows for faster decision making and better collaboration across the organizations.
We found Vena to be much more intuitive and easy to leverage with our existing models and templates we've built in Excel already. It allowed our finance and ops teams to get traction and value from the solution much faster than we felt the other CPM solutions we looked at.

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 great to leverage a lot of the models and templates we already have built in Excel to put our annual corporate budget together. It also is great to do monthly forecasts with opportunity and project data to project revenue and costs. It also provides great dashboards for our finance and ops teams on key KPIs for the org.

Vena Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
9
Scenario modeling
7
Management reporting
7
Financial data consolidation
7
Journal entries and reports
6
Multi-currency management
7
Intercompany Eliminations
7
Minority Ownership
6
Local and consolidated reporting
8
Detailed Audit Trails
7
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
10
Automated board and financial reporting
9
XBRL support for regulatory filing
7
Personalized dashboards
9
Color-coded scorecards
9
KPIs
9
Cost and profitability analysis
8
Key Performance Indicator setting
9
Benchmarking with external data
8
Flat file integration
7
Excel data integration
10
Direct links to 3rd-party data sources
7
Pixel Perfect reports
9
Customizable dashboards
9
Report Formatting Templates
7
Drill-down analysis
8
Formatting capabilities
8
Integration with R or other statistical packages
7
Report sharing and collaboration
8
Publish to Web
7
Publish to PDF
8
Report Versioning
7
Report Delivery Scheduling
7
Pre-built visualization formats (heatmaps, scatter plots etc.)
8
Location Analytics / Geographic Visualization
9
Predictive Analytics
7
Pattern Recognition and Data Mining
7
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
6
Dashboard / Report / Visualization Interactivity on Mobile
8

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