Big Value with Vena!
May 13, 2020

Big Value with Vena!

Paige Williamson | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena Solutions

We are using Vena to manage our annual budgeting process. With Vena, we are able to let our remote locations enter their own budgets and then have our corporate office review. This saves the Accounting Department tons of time trying to consolidate individual Excel spreadsheets. At some point in the future, we hope to utilize Vena's ability to produce general reporting.
  • Workflow: The ability to move budget templates automatically is fantastic.
  • Uses Excel: Everyone already knows Excel, so acceptance is more likely.
  • Beyond budgeting: There is opportunity to utilize for reporting and other things.
  • Implementation time was a little shorter than it really needed to be.
  • Doesn't take as long to complete budgets at the field location level with Vena.
  • We've seen time savings at the corporate level since consolidation is automatic.
We looked at Adaptive Insights before we decided on Vena. The main thing that set Vena apart was the heavy utilization of Excel.
We are currently in our first budget cycle, but have been happy with what we've seen so far. We're still learning Vena and what it can do, but it has already saved us a ton of time. Because of its utilization of Excel, adoption by our field locations was much higher than we originally anticipated.

Vena Feature Ratings

Long-term financial planning
8
Financial budgeting
8
Excel data integration
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

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

We have had excellent experience with Vena Support and Coaching Services. Response time is very quick and technicians are very knowlegeable

Evaluating Vena Solutions and Competitors

  • Price
  • Product Features
  • Product Usability
  • Third-party Reviews
The single most important factor in selecting Vena was the fact that it utilized Excel so heavily. We wanted to increase adoption as well as have the ability to maintain the format and layout of the Excel spreadsheets that we used for budgeting previously.
I don't think I would change anything. We compared Vena against two other products and quite honestly, there wasn't much competition.

Vena Solutions Support

ProsCons
Quick Resolution
Good followup
Knowledgeable team
Problems get solved
Kept well informed
No escalation required
Immediate help available
Support understands my problem
Support cares about my success
Quick Initial Response
None
Yes - We pay for Coaching sessions since we are still learning Vena and are very happy with our decision. The coaching team is very knowledgeable and helpful!
Christian Tam has helped us with extraordinary support. We had a special template made for us that had to do with Allocations. During our budget process, we found there was a piece missing that we needed. Christian jumped in to the complex set-up and connections and helped fix the issue. We were on a tight timeline because we had already initiated budgets, and Christian was able to fix everything in a very short period of time.