Deployment of Vena Solutions in Hotels
January 05, 2021

Deployment of Vena Solutions in Hotels

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena Solutions

Vena Solutions is being used across the company. It has made dealing with the company's finances much easier and is very easy to use.
  • Finance management
  • Interface
  • Excel-like workspace
  • Takes time to load templates
  • Requires strong Excel knowledge
  • Effective management
  • Organized data
  • Reduces external consultation costs
We were in touch with the vendor during implementation, but haven't required any support ever since. The implementation was smooth and well guided by the vendor.
It has directly reduced contractual costs, as we had to deal with external consultants. It is easy to use, which reduces the need of hiring experienced professionals. Even interns at our company from non-IT backgrounds are able to carry out basic functions like financial reporting and modeling with minimal training.
Did not consider alternatives.
Vena Solutions suits our needs as a hotel. There are thousands of financial transactions day in and day out, and managing them becomes crucial. The best part about Vena is that it can be used even by interns with minimal training. The Excel-like workspace is great and provides a familiar interface for carrying out basic financial record keeping.

Vena Feature Ratings

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