Vena FP&A, Financial Reporting and some HR
May 13, 2020

Vena FP&A, Financial Reporting and some HR

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

Overall Satisfaction with Vena Solutions

We use Vena for budgeting and our financial statements. Vena has helped our operations team understand what is driving their numbers at the end of ever period. They are able to drill into each number without having access to our accounting system. They are now able to understand how certain actions/lack of actions drive their numbers. We are able to keep all the reports in one place. Everyone knows where they are located and they are not getting lost in emails. One of the other great benefits is the audit function. We are able to track who made what changes and when.
  • Audit function.
  • Drill down functions.
  • Easily maintained with business structure changes.
  • Troubleshooting support.
  • Help section doesn't return good search articles.
  • Takes a long time to get solutions for issues.
  • Operations team has an easy to read/follow dashboard updated daily automatically.
  • Less inquiries by operations due to drill down functions.
  • Easy to use and maintain organizational changes.
The concept behind Vena is great. We are able to think of new ways to using the product every time a new project comes up. It is helpful to have a central location that all our team members know to find reports and their worklist. We have a large amount of operations employees that work outside of our central office so this is a great organizer of all their work. It is an easy to learn product that is a great add to Excel.

Vena Feature Ratings

Financial budgeting
8
Forecasting
8
Management reporting
9
Financial data consolidation
9
Journal entries and reports
10
Intercompany Eliminations
7
Local and consolidated reporting
9
Detailed Audit Trails
10
Financial Statement Reporting
10
Management Reporting
8
Excel-based Reporting
10
Automated board and financial reporting
8
Personalized dashboards
7
Flat file integration
8
Direct links to 3rd-party data sources
8
Drill-down analysis
8
Formatting capabilities
8
Report sharing and collaboration
8
Publish to Web
9
Report Versioning
9
Report Delivery Scheduling
9
Pre-built visualization formats (heatmaps, scatter plots etc.)
8
Multi-User Support (named login)
9
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
9
Single Sign-On (SSO)
9

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

The initial startup we had a nice team who was supportive. Once we were done with that phase getting resolutions took longer. The support team would respond and try to help but the problems wouldn't be fixed. It [wasn't] by a lack of trying. It was more of lack of experience with the product.