Improve your financial collaboration with Vena
October 27, 2025

Improve your financial collaboration with Vena

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

Overall Satisfaction with Vena

Vena is being used across our entire organization as the central point for all of our financial reporting documents. We use it as an analytics tool for our site leaders to compare their month to date performance to the last financial forecast (3+9, 6+6, etc.). Vena is the last word for our corporate finances.

Pros

  • Real Time Updates that can be viewed across the organization
  • Allows Sites, Leaders, and Corporate Finance to collaborate on site level P&L's
  • Seemless integration into Excel which makes it easy to use by everyone.

Cons

  • Having to open and close in order to see updates made by others.
  • Only allowing one person to make edits at once hurt collaboration.
  • Seeing fixed numbers change from one open to another when those figures have not changed can be concerning.
  • It has reduced the need to create a separate weekly financial comparison planner, freeing up that role responsible for creating said report to work on other tasks.
  • Reduces the amount of time the GM's spend on creating financial reports
  • Integration with Great Plains eliminated the entres makde by our accountants by 50%.
Vena has been key in helping our organization become more financially focuses and improved the financial acument of our site level leaders. It gives them the insight and visibility on where their business units are going and allows them to focus in on particular GL codes that are driving the EBITDA in the wrong direction, allowing them to make decisions immediately to course correct.

Do you think Vena delivers good value for the price?

Not sure

Are you happy with Vena's feature set?

Yes

Did Vena live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Vena go as expected?

I wasn't involved with the implementation phase

Would you buy Vena again?

Yes

Vena is great for medium sized organizations to facilitate transparency in their financials documents to all levels of leadership who need access. It is more secure than having documents stored in a shared folder where they can be inadvertantly deleted. Having an audit trail allows finance departments to go back and see who made the changes and when.

Vena Feature Ratings

Long-term financial planning
Not Rated
Financial budgeting
9
Forecasting
10
Scenario modeling
10
Management reporting
10
Financial data consolidation
9
Journal entries and reports
Not Rated
Multi-currency management
9
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
10
Detailed Audit Trails
9
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
10
Automated board and financial reporting
9
XBRL support for regulatory filing
Not Rated
Personalized dashboards
9
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
9
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Flat file integration
Not Rated
Excel data integration
10
Direct links to 3rd-party data sources
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
Drill-down analysis
Not Rated
Formatting capabilities
Not Rated
Integration with R or other statistical packages
9
Report sharing and collaboration
10
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
9
Pattern Recognition and Data Mining
9
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)
Not Rated
Responsive Design for Web Access
9
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated

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