Financial Process made easy
May 22, 2020

Financial Process made easy

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

Overall Satisfaction with Vena Solutions

From my areas of work, Vena is mainly being used for the collation of all our financial data, creating one place to access all our data sources and from there we can then use Vena to analyze this data. The Excel-based interface has made it easy to adapt to Vena and the cloud-based network has made it easy for me to input any new data we receive, safe in the knowledge that it is secure.
  • Cloud based system allows access to data from anywhere.
  • Excel UI is familiar and easy to adopt.
  • Using multiple data sources with the one platform.
  • Setup was slow.
  • The creation of report templates can be tedious but saves time overall.
  • Increase in accuracy of data submitted from other areas of business.
Vena offers a solution for being able to access lots of different types of financial data within one place. From an administrative side, it has really streamlined our workflow and cut down on the amount of work we have to spend verifying data that is submitted from other areas of the business.

Vena Feature Ratings

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

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?

I wasn't involved with the selection/purchase process

Did implementation of Vena go as expected?

Yes

Would you buy Vena again?

Yes

I have not needed to deal with Vena's team directly at this point.