Good solution for financial process
May 13, 2020

Good solution for financial process

Gregory Braun | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena Solutions

In our company, we implement Vena Solution for clients. It's an easy tool to use for administration with a good security. The strength of the product is to use Excel easily to produce reports and to input data quickly. Financial processes are simplified and you save time analyzing your report. I recommend this solution for the middle market.
  • Excel Embedded
  • Web administration
  • Audit fonctions
  • FAQ / Documentation
  • Saved time in process
It is really easy to create, save, and use reports and input templates. Big templates with a lot of different formats can take time to create. I think Vena is a good product for financial planning, but it is more difficult for the supply chain to create a process.

Vena Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
9
Scenario modeling
9
Management reporting
9
Financial data consolidation
8
Journal entries and reports
9
Multi-currency management
9
Intercompany Eliminations
9
Minority Ownership
9
Local and consolidated reporting
9
Detailed Audit Trails
9
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
9
XBRL support for regulatory filing
9
Personalized dashboards
9
Color-coded scorecards
9
KPIs
9
Cost and profitability analysis
9
Key Performance Indicator setting
9
Benchmarking with external data
Not Rated
Flat file integration
9
Excel data integration
9
Direct links to 3rd-party data sources
9
Customizable dashboards
8
Report Formatting Templates
8
Drill-down analysis
8
Formatting capabilities
9
Report sharing and collaboration
9
Publish to Web
9
Publish to PDF
9
Report Versioning
9
Report Delivery Scheduling
9
Multi-User Support (named login)
9
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
9
Single Sign-On (SSO)
9
Responsive Design for Web Access
10
Dashboard / Report / Visualization Interactivity on Mobile
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

Vena Solutions support will respond quickly for all queries that we send to them. First response is fast, but after that it depends if the query is complex or not. If it is a bug solution or related to demanding an upgrade, you need to wait some time to obtain a new version of the Excel Add-in.

Using Vena Solutions

SAP BPC (Business Planning and Consolidation), Anaplan