Great product and excellent customer service.
November 30, 2016

Great product and excellent customer service.

Jeff Deane | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena Solutions

We use Vena for budget and forecasting. Vena helps us manage our spreadsheet distribution and data collection. It takes our data and puts it into a database that automatically consolidates and aggregates our data, where we could build advanced management reports as well as easily create ad hoc reports.
  • Vena’s strengths are its power in consolidation and aggregation of data. Vena provides instant visibility into data from multiple business dimension levels.
  • Intuitive and powerful workflow allows us to pre-determine our distribution cycle for spreadsheets including managing the review process, which also captures full auditing.
  • Version and change control of spreadsheets help us feel like we know where all of our spreadsheets are at all times.
  • We have a significant amount of data in our database. In order to increase speed in some of our Excel templates we had to sacrifice a few of our initial requirements.
  • Reaching out to customers to share new features.
  • Positive impact is felt in reducing manual distribution and collection of Excel spreadsheets, as well as manual aggregation of data. Human time and effort was reduced significantly thereby reducing human error and which ultimately results in more accurate reporting data.
They have superior database capacity due to the power of the cloud. Usability and user adoption is quick and immediate due to the direct integration with Excel and ease of use for end users and Vena administrators.
Vena is well suited for any business process that uses Excel spreadsheets for data collection and aggregation.

Vena Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
9
Management reporting
9
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Financial Statement Reporting
Not Rated
Management Reporting
Not Rated
Excel-based Reporting
Not Rated
Automated board and financial reporting
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Flat file integration
10
Excel data integration
Not Rated
Direct links to 3rd-party data sources
Not Rated