Vena Boosts Financial Processes
November 18, 2025

Vena Boosts Financial Processes

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

Overall Satisfaction with Vena

We use Vena for actual financial reporting, annual budgeting, and monthly forecasting. For actual reporting and annual budgeting, the system is used by departments across the company to review expenses and provide input for the upcoming year. The system solves the problem of distributing information, formatting for management reporting needs, and tracking of responses/inputs.

Pros

  • Easy-to-update templates
  • Easy for end users to navigate via Excel
  • Audit trails to track input and actions throughout a process

Cons

  • Data loading can sometimes be slow, particularly for large templates
  • Training on current templates can be daunting for new admin users
  • Workforce built-in templates can be more complicated that needed
  • Reduced FP&A staff and turnaround times
Vena offers in-depth implementation support that worked great for us. The customer success team also checks in on a regular basis and is always available for questions, although we are usually self sufficient.
We're not really using Vena for this capability
  • Oracle Hyperion (legacy)
Vena is more user friendly

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 if your data needs to be manipulated to specific templates and formats for management reporting, for sharing data in a timely manner with end users across the company, and for compiling inputs from multiple users. The versioning and scenario options also make it easy to make iterative changes and track variances as you go.

Vena Feature Ratings

8.4
Long-term financial planning
6
Financial budgeting
10
Forecasting
10
Scenario modeling
6
Management reporting
10
7.9
Financial data consolidation
7
Journal entries and reports
7
Multi-currency management
7
Intercompany Eliminations
7
Minority Ownership
7
Local and consolidated reporting
10
Detailed Audit Trails
10
9.0
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
XBRL support for regulatory filing
5
9.2
Personalized dashboards
10
Color-coded scorecards
10
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
5
10.0
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10
5.0
Pixel Perfect reports
5
Customizable dashboards
5
Report Formatting Templates
5
8.8
Drill-down analysis
10
Formatting capabilities
10
Integration with R or other statistical packages
5
Report sharing and collaboration
10
8.5
Publish to Web
8
Publish to PDF
8
Report Versioning
8
Report Delivery Scheduling
10
6.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
6
Location Analytics / Geographic Visualization
6
Predictive Analytics
6
Pattern Recognition and Data Mining
6
10.0
Multi-User Support (named login)
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
10
Single Sign-On (SSO)
10
5.0
Responsive Design for Web Access
5
Dashboard / Report / Visualization Interactivity on Mobile
5

Comments

More Reviews of Vena

  1. Home
  2. Corporate Performance Management (CPM) Software
  3. Vena Reviews
  4. User Review of Vena