It allows us to create a multi-cube structure and this is what I like most about Vena Solutions.
Updated March 19, 2023

It allows us to create a multi-cube structure and this is what I like most about Vena Solutions.

Henry Anthony Simmons Green | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena

With Vena Solutions, I have the knowledge of well-documented financial analysis. I can establish parameters for better compliance with our goals and cost savings. We use it for SOX compliance. We always viewed the daily data reports and monthly I have a good statistical analysis of the monthly reports. The only thing wrong with Vena is the long learning curve.

Pros

  • We use it for SOX compliance.
  • Daily and monthly financial analysis.
  • It allows us to create a multi-cube structure.

Cons

  • Long learning curve.
  • If you manage to overcome the long learning curve you will no longer have any problems.

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?

I wasn't involved with the selection/purchase process

Did implementation of Vena go as expected?

I wasn't involved with the implementation phase

Would you buy Vena again?

Yes

  • It allows us to create a multi-cube structure, this is possible with an ERP and we can generate an increase in our ROI.
  • Daily and monthly reports allow detailed budget control.
  • SOX compliance.
Every company needs data analysis, with Vena the data reports can be daily, weekly, or monthly and this allows a detailed and useful statistical analysis. It allows us to create a multi-cube structure and we use it for SOX compliance. Simply, every company must use Vela daily and my opinion is positive in my direct experience.

Vena Feature Ratings

10.0
Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Management reporting
10
7.2
Financial data consolidation
10
Journal entries and reports
10
Multi-currency management
4
Intercompany Eliminations
4
Detailed Audit Trails
8
9.6
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
XBRL support for regulatory filing
8
9.0
Personalized dashboards
6
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
10
10.0
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10
9.0
Report Formatting Templates
9
9.0
Drill-down analysis
10
Formatting capabilities
6
Integration with R or other statistical packages
10
Report sharing and collaboration
10
7.0
Publish to Web
6
Publish to PDF
7
Report Versioning
7
Report Delivery Scheduling
8
9.5
Pre-built visualization formats (heatmaps, scatter plots etc.)
9
Predictive Analytics
10
8.5
Multi-User Support (named login)
10
Role-Based Security Model
8
Multiple Access Permission Levels (Create, Read, Delete)
8
Single Sign-On (SSO)
8
8.0
Responsive Design for Web Access
8
Dashboard / Report / Visualization Interactivity on Mobile
8

Vena Solutions Attributes

The support with Excel and ERP are fantastic. In addition, we achieve better compliance with SOX. The customer service is totally live and with a technician specialized in the subject.

Using Vena

  • Gestion de la rémunération incitative.
  • Rapports financiers
  • Migration of financial data
  • Consolidation of financial data with reporting and month-end closing.

Comments

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