New Implementation for Budgeting
Updated October 13, 2020

New Implementation for Budgeting

Kyle Cadeau | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Vena Solutions

Vena Solutions is being used for budget and monthly analysis. My company is planning to broaden the range of the software globally for standardized budgeting.
  • Ability to connect to source data
  • Allows for quick analysis and internal development and enhancements of reports
  • Easy end-user interface with Excel functionality!
  • Internet access required to use the software but this is inevitable in our technological age.
  • My company is still in the pilot phase but we are beginning to see ROI especially with quicker monthly closing.
Vena Solutions is well suited for companies that rely heavily on Excel. By creating standardized input forms and reports the user can feel confident that the Excel connections are correct and can be trusted.

Furthermore, with different users, access data can be well protected or shared as needed.

Vena Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
8
Scenario modeling
10
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
XBRL support for regulatory filing
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
Not Rated
Flat file integration
Not Rated
Excel data integration
Not Rated
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
Not Rated
Report sharing and collaboration
Not Rated
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
Not Rated
Multi-User Support (named login)
Not Rated
Role-Based Security Model
Not Rated
Multiple Access Permission Levels (Create, Read, Delete)
Not Rated
Single Sign-On (SSO)
Not Rated
Responsive Design for Web Access
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated

Vena Solutions Attributes

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

Always prompt and available at all hours of the day.
Very user friendly and easily customized by users within the organization with help form Vena support

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