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Supercharge Your Data
Updated October 21, 2020

Supercharge Your Data

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

Overall Satisfaction with Vena Solutions

We currently as using Vena within finance for budgetting purposes. The goal is to expand our usage of the software more into reporting operations. Vena address the challenges we face with our budgetting processes. The budget process is time consuming and our implementation of Vena was primarily to address this challenge.
  • Ease of Use
  • Intuitive
  • Time Savings
  • Reporting Capabilities
  • Learning Curve
  • Some Rigidity
  • UI for non-financial users
  • Time Savings
  • Simplifying the Budget process
  • Adding Ownership to budgets
  • Ability to make changes quickly
Our Vena liaison is a wealth of hands on knowledge. He has been able to help us navigate all parts of the software to allow us to deliver a better end product to our internal users. The Vena IT support team is responsive and quite helpful as well.
It has sped up our internal budgetting process which has resulted in direct man hour time savings within our internal and external processes. The ability to make quick changes to large scale budgets has allowed us to deliver more meaningful data to our stakeholders as well. We do plan on expanding Vena into other areas of our organization such as analytics and commercial finance.
Vena allows for ease of complex reporting. Vena can implement with Power BI, another software crucial to our business. Vena allows finance to involve our operations staff especially in the budgetting process. It formalizes the budgetting process and adds ownership to it. We've been able to speed up our yearly budget process to deliver more effective budgets and save many man hours with manual work.

Vena Feature Ratings

9.0
Long-term financial planning
9
Financial budgeting
10
Forecasting
10
Scenario modeling
8
Management reporting
8
8.3
Financial data consolidation
8
Journal entries and reports
Not Rated
Multi-currency management
9
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
8
8.3
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
9
Automated board and financial reporting
8
XBRL support for regulatory filing
Not Rated
7.8
Personalized dashboards
7
Color-coded scorecards
Not Rated
KPIs
8
Cost and profitability analysis
8
Key Performance Indicator setting
8
Benchmarking with external data
Not Rated
10.0
Flat file integration
Not Rated
Excel data integration
10
Direct links to 3rd-party data sources
Not Rated
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
8.0
Drill-down analysis
8
Formatting capabilities
8
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
Not Rated
9.0
Publish to Web
Not Rated
Publish to PDF
Not Rated
Report Versioning
9
Report Delivery Scheduling
Not Rated
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
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
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

Customer service has been very helpful and quite swift in replying to questions or technical problems. They are committed to a good customer experience. Our direct liaison has been extremely effective in leverage his in depth knowledge to help us succeed. The Vena general support team has helped troubleshoot various issues as well quickly and effectively.
There is an initial learning curve to Vena, but it's inherit excel platform allows many users to hit the ground running. The learning resources and support are also an effective way to build knowledge. The software also has siloed testing processes for those who are inclined to "tinker" and learn it themselves.

Using Vena Solutions

12 - Vena is primarily used by our finance team in charge of internal and external customer reporting. Our commercial finance team has begun to utilize Vena for their analytics and tracking metrics as well. We see Vena being expanded to many areas of our business in the near future. Our operations teams are also beginning to get involved with Vena as well.
4 - Vena is primarily supported by our in house vena team. There is also members of our finance team who ask as trainers for other staff when it comes to usage.
  • Budgetting
  • Reporting
  • Analytics
  • Faster Reporting
  • Large Scale Data Analytics
  • Development of more advanced excel skills
  • Deeper Analytics
  • Operations
  • RFPs
Vena has proven a more effective and efficient process for us to complete our budgetting process. We do not see us turning away from this at all. It has proven to be an invaluable tool for our organization. We continue to learn and unlock new ways Vena has support our teams and departments.

Evaluating Vena Solutions and Competitors

  • Product Features
  • Product Usability
  • Analyst Reports

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 - The support team asked some follow up clarification questions and with that information went ahead and provided a working solution to the problem. They are quite precise in how they handle the issue at hand. The support has been stellar thus far and we are happy with their "can-do" attitude everytime we reach out.

Using Vena Solutions

ProsCons
Like to use
Relatively simple
Well integrated
Consistent
Feel confident using
Requires technical support
Lots to learn
  • Reporting
  • Template building
  • Data Digging
  • Initial Learning curve
  • Template building the first time
  • Understanding the Mapping
Yes, but I don't use it