Essential tool for financial forecasting.
October 14, 2025

Essential tool for financial forecasting.

Akash Duggal | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena

Vena is currently utilized for various financial forecasting activities, enabling budgeting and adaptive planning to ensure smooth unit operations. This is achieved by predicting and curbing overhead expenses through the early detection of unknown spending variations.

Pros

  • Curtailing of unknown expenses.
  • Smooth operational efficiency.
  • Healthy financial forecasting.

Cons

  • Quick adaptability to changing circumstances.
  • The overall operational results in terms of returns have been fairly good.
Apart from a few support requests post installation, we have not sought much help from Vendor but the Vendor has been forthcoming and assured us of help in future as and when needed by the organization.
By clubbing all financial heads, closing all journal entries, and successfully calculating and balancing ledgers, Vena has significantly improved its financial close process, providing detailed financial forecasting and preventing unknown bad expenses from creeping into the balance sheets.

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

By preventing the use of bulky and manual Excel spreadsheets where an arithmetical formula error could lead to a series of financial collapse in terms of planning and budgeting, Vena serves the organizational needs in a more concise manner because every penny saved is a penny earned on a mid-term to long-term basis.

Vena Feature Ratings

Long-term financial planning
9
Financial budgeting
10
Forecasting
10
Scenario modeling
Not Rated
Management reporting
Not Rated
Financial data consolidation
Not Rated
Journal entries and reports
10
Multi-currency management
Not Rated
Intercompany Eliminations
10
Minority Ownership
10
Local and consolidated reporting
Not Rated
Detailed Audit Trails
9
Financial Statement Reporting
8
Management Reporting
9
Excel-based Reporting
Not Rated
Automated board and financial reporting
10
XBRL support for regulatory filing
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
10
KPIs
10
Cost and profitability analysis
9
Key Performance Indicator setting
Not Rated
Benchmarking with external data
10
Flat file integration
10
Excel data integration
Not Rated
Direct links to 3rd-party data sources
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
10
Report Formatting Templates
9
Drill-down analysis
Not Rated
Formatting capabilities
Not Rated
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
10
Publish to Web
Not Rated
Publish to PDF
10
Report Versioning
9
Report Delivery Scheduling
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
10
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
Pattern Recognition and Data Mining
9
Multi-User Support (named login)
10
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
Not Rated
Report-Level Access Control
Not Rated
Single Sign-On (SSO)
Not Rated
Responsive Design for Web Access
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated

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