Fantastic product!
November 27, 2020

Fantastic product!

Mani Alkhafaji, CA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Vena Solutions

Initially we started using Vena among the FP&A team, then slowly started rolling it out to other departments. We have just completed our 2021 budget cycle and we have a range of departments across the organization using it to prepare their budgets, including: operations, IT, HR, finance, CSR, and other G&A departments.
  • Data integrity through database.
  • Standardized templates.
  • Workflow and delegation of approval.
  • Traceability and drill down functions.
  • Continue improving template performance and speed.
  • Improvement on dashboards.
  • Cut budgeting time by 2/3.
  • Provided visibility to users.
The customer support has been great, we received plenty of training and support during the implementation stage. Customer care and support are fantastic for post implementation as well.
We've been able to share more reports and data with key stakeholders on timely basis, this is been a huge improvement from the past for us.
We chose Vena mainly due to how flexible it is for our business, and that we would be able to own the software inhouse (finance team) rather than relying heavily on external consultants, just like the case with other software we looked at.
Vena is perfect for anyone who wants to retain the flexibility and user adaptability of Excel, yet improve data integrity and utilize a database platform.

Vena Feature Ratings

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