Vena benefits.
May 19, 2025

Vena benefits.

Colin Reyer | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena

We utilize Vena for Budgeting purposes for our assets and corporate functions. Starting to utilize for forecasting. And utilize for financial reporting. FPA, accounting, and CapEx reporting. It addresses the ability to automate our reporting for faster insights and allows for the dynamic flexibility of reporting to benefit our company and investors.

Pros

  • Budgeting
  • Dynamic updates.
  • Forecasting

Cons

  • PowerPoint implementation is spotty.
  • Report automation.
  • Monthly reporting refresh.
  • Budgeting
They are there to address improvement needs as we continue to build out further reporting, forecasting, and budgeting processes. They help us get in touch with the right Vena people with any issues and improvements, and keep us up to date on new product releases.
We can update many of our monthly and quarterly reports in seconds or minutes to automatically have the newest data within our models and reports. This enables us to get financial data faster to business leaders so they can start understanding the data and make faster market decisions in our company.
Vena also allows for much more dynamic report building and refresh rather than manual updates throughout reports. The user interface is also much easier to understand compared to Oracle, which allows new users to adopt faster and get familiar with Vena. Overall, Vena is significantly better than Oracle software.

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

It helps for faster reporting, giving insights to business leaders faster than before implementing Vena across FPA functions. It allows for easy report replication and template building. The different access types allow us to easily build reports for users and allow them to see only what they need to see.

Vena Feature Ratings

10.0
Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
9.6
Financial data consolidation
10
Journal entries and reports
10
Multi-currency management
10
Intercompany Eliminations
7
Minority Ownership
10
Local and consolidated reporting
10
Detailed Audit Trails
10
10.0
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
XBRL support for regulatory filing
Not Rated
9.7
Personalized dashboards
9
Color-coded scorecards
9
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
10
9.7
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
9
10.0
Pixel Perfect reports
10
Customizable dashboards
10
Report Formatting Templates
10
10.0
Drill-down analysis
10
Formatting capabilities
10
Integration with R or other statistical packages
10
Report sharing and collaboration
10
10.0
Publish to Web
10
Publish to PDF
10
Report Versioning
10
Report Delivery Scheduling
10
10.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
10
Location Analytics / Geographic Visualization
10
Predictive Analytics
10
Pattern Recognition and Data Mining
10
10.0
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
10
Single Sign-On (SSO)
10
10.0
Responsive Design for Web Access
10
Dashboard / Report / Visualization Interactivity on Mobile
10

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