Late budgets no more, plus a multitude of other uses
May 13, 2020

Late budgets no more, plus a multitude of other uses

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

Overall Satisfaction with Vena Solutions

Vena Solutions was initially bought as solely a budgeting tool in the finance department. While it is still only used within the finance department it has evolved to be used for so much more. All of our financial reporting has been moved there and we have utilized it for anything where we need to bring data in and produce reports. It is so flexible that we continually find more uses for it.

Pros

  • It is extremely flexible.
  • You can utilize existing spreadsheets and bring them to the next level with Vena.
  • We have a lot of data and it can handle it all with ease and no down time.

Cons

  • I don't enjoy the user interface.
  • The search function is not great.
  • Rolling over a budget could be improved.
  • File structure (finding them, copying and pasting) is not great.
  • Budget is now done on time...priceless
I think Vena Solutions is well suited for any scenario where data is involved. We are a mid-sized company and I can see the value for it for any industry and companies big or small. We have only a few users so we can't speak to how it works for a lot of users but works great for 10-15 users.

Vena Feature Ratings

Long-term financial planning
8
Financial budgeting
10
Forecasting
10
Scenario modeling
8
Management reporting
10
Financial data consolidation
Not Rated
Journal entries and reports
10
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
10
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
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)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
10
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

No issues with the overall support. They are always available when needed.

Using Vena Solutions

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