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Excel based reporting with more control
May 25, 2020

Excel based reporting with more control

Pamela Mellor | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena Solutions

We use Vena for basic and regular budgeting reports as well as financial forecasting and ad-hoc reporting. Vena has taken what we were able to complete within Excel and streamlined it. Our regular budget reports are now almost completely automated thanks to the template solutions Vena offers. This has given us more time for ad-hoc reporting, which Vena has also handled very well.
  • Excel interface.
  • Automation of common budgeting reports with templates.
  • Templates are slow to build but worth it once they are set up.
  • Streamlined budget report process.
  • Increased use of ad-hoc reporting for more insight.
Vena is well suited if you are already familiar with Excel and is especially rewarding if you are using advanced Excel functions/VBA. It has really helped us streamline our budgeting report process. If you have the time to build all the templates that you will need for regular reporting, then you will reap the rewards in the long run.

Vena Feature Ratings

9.6
Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
9
Management reporting
9
9.1
Financial data consolidation
9
Journal entries and reports
9
Multi-currency management
8
Intercompany Eliminations
9
Minority Ownership
10
Local and consolidated reporting
10
Detailed Audit Trails
9
9.8
Financial Statement Reporting
10
Management Reporting
9
Excel-based Reporting
10
Automated board and financial reporting
10
XBRL support for regulatory filing
10
9.7
Personalized dashboards
10
Color-coded scorecards
9
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
9
Benchmarking with external data
10
9.3
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
8
10.0
Pixel Perfect reports
Not Rated
Customizable dashboards
10
Report Formatting Templates
10
9.8
Drill-down analysis
10
Formatting capabilities
9
Integration with R or other statistical packages
10
Report sharing and collaboration
10
9.3
Publish to Web
9
Publish to PDF
10
Report Versioning
8
Report Delivery Scheduling
10
9.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
10
Location Analytics / Geographic Visualization
9
Predictive Analytics
10
9.3
Multi-User Support (named login)
10
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
8
10.0
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?

Not sure

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

I have not had to deal directly with their support team.