Finally replaced dozens of spreadsheets with a connected and reliable FPA process
November 10, 2025

Finally replaced dozens of spreadsheets with a connected and reliable FPA process

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

Overall Satisfaction with Vena

I use Vena every day for everything related to financial planning, budgeting and forecasting and a few other things. And a significant part of my job is to roll up individual department budgets and compare short term forecasts to real time actuals directly from our erp. It’s the one place we go to manage all our planning cycles, run reviews and handle variance analysis.

Pros

  • Feels like excel without the unnecessary complexity like formulas and links and rollups do not just constantly break.
  • Data from our erp automatically gets updated so I am never working off out dated numbers.
  • We need a workflow management system that helps us stay honest and avoid the awkward situation of everything being a ridiculously long email thread.

Cons

  • Initially integration was manual and required more time than anticipated but that is not a big deal.
  • There was a bottleneck on some reports where processing large data sets was concerned particularly if it was either too many people or just one person refreshing the data sets.
  • My own dashboards doesn't look as pretty as my power bi ones, but they do the job.
  • Simple and easy to use, almost like excel but without any complexity
  • One place to do all the stuffs like manage planning cycles and handle variance analysis.
  • Overall it had a very positive impact on our business.
The Vena customer success team pleasantly surprised me with how response and proactive they are, regularly suggesting design improvements in our models. Also their implementation consultants were very good at translating our messy excel templates into neat and connected models. The support documentation and community forum actually provide useful answers instead of just marketing fluff.
Now that we have Vena, we can shorten our forecasting cycles from weeks to days and when real time financials are integrated and compared with every departmental plan, our decisions are now taken more rapidly and accurately.

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

If your finance team is excel dependent and constantly dealing with problems in terms of version control or consolidating information, Vena will be a great enhancement. It is a no learning model and fits into the FP&A workflow so that teams do not have to change their excel habits all that much. And it is best for medium and large finance teams who want to do connected planning at scale while keeping excel as simple as possible.

Vena Feature Ratings

8.8
Long-term financial planning
8
Financial budgeting
9
Forecasting
10
Scenario modeling
8
Management reporting
9
8.7
Financial data consolidation
10
Journal entries and reports
9
Multi-currency management
8
Intercompany Eliminations
9
Minority Ownership
9
Local and consolidated reporting
7
Detailed Audit Trails
9
8.6
Financial Statement Reporting
9
Management Reporting
8
Excel-based Reporting
8
Automated board and financial reporting
10
XBRL support for regulatory filing
8
8.7
Personalized dashboards
10
Color-coded scorecards
8
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
7
Benchmarking with external data
7
8.3
Flat file integration
9
Excel data integration
9
Direct links to 3rd-party data sources
7
9.3
Pixel Perfect reports
10
Customizable dashboards
10
Report Formatting Templates
8
8.5
Drill-down analysis
10
Formatting capabilities
8
Integration with R or other statistical packages
8
Report sharing and collaboration
8
8.5
Publish to Web
9
Publish to PDF
7
Report Versioning
9
Report Delivery Scheduling
9
8.8
Pre-built visualization formats (heatmaps, scatter plots etc.)
10
Location Analytics / Geographic Visualization
8
Predictive Analytics
8
Pattern Recognition and Data Mining
9
8.0
Multi-User Support (named login)
7
Role-Based Security Model
8
Multiple Access Permission Levels (Create, Read, Delete)
8
Report-Level Access Control
10
Single Sign-On (SSO)
7
9.0
Responsive Design for Web Access
9
Dashboard / Report / Visualization Interactivity on Mobile
9

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