All Vena Reviews
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Todd
201 - 500 employees
Used more than 2 years
OVERALL RATING:
5
Reviewed May 2023
Recommendation from an early Vena adopter
Todd
Construction, 201-500 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2023
Recommendation from an early Vena adopter
We deployed Vena in 2020 as an ERP extension to our legacy system. Vena empowered sales metrics on the front end, financial project management in the middle, and financial reporting at the job level on the back end. We deployed a second "cube" data warehouse after the initial launch for financial reporting. Each deployment has worked as prescribed and brought extraordinary value to our construction company.
PROSVena has delivered huge value for us in a flexible package that can grow with our business effectively and efficiently. Vena let us keep our existing financial system and our customer Excel quoting apps. And built a reporting system on the back of Excel which everyone already knows. The road to value was fairly straightforward for us.
CONSVena is a toolbox of powerful opportunities. It is not an out-of-the-box accounting system. So you have to know exactly what you want out of Vena before deploying it. But this is true of any data warehouse. Knowing how data is to be extracted and presented requires upfront commitment and execution. Time spent in the planning phase will pay off 10X in the execution phase.
Reason for choosing Vena
Vena let us keep our existing financial system and our customer Excel quoting apps. And built a reporting system on the back of Excel which everyone already knows.
Lori
Higher Education, 501-1,000 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2017
Vena provides flexibility to set up budgets, reports and other processes as flexibly as we need.
We were able to streamline and centrally collect data for our budgeting process, which save considerable time for the budget administrator and other admin assistants across our university. We created Board-level reporting templates that can be re-used every year to report the results of the budget process with only changes made as necessary for the format of the current reporting year. We collect forecasting information from over 330 departments and compile all the information within one template to estimate the financial outcome for the fiscal year. We have been able to include data in planning of various kinds in ways that we weren't able to by just using Excel, resulting in better planning results. We can create new planning or reporting processes and have the flexibility to save additional data input that isn't part of our ERP data. Overall, we have saved time, improved processes, created one version of the data visible to all involved in the process and created efficiencies by being able to share data across processes.
PROSFlexibility to set up whatever process we are working on the way it needs to be set up for our business requirements. Continual improvements being done on the Vena add-in and browser administration interface. Formatting Excel templates and reports exactly as needed. Ability to pull in data from all data versions for any reporting or template. Ability to save non-financial data to use in reporting or calculations. Ability to control user input as needed to better quality data. Prompt customer service responses. Great implementation team. Administrative control over data visible to individual users. Workflows to show status for process steps and email notifications when a workflow step is ready for input or review. Once learned, allows for creation of new processes to collect or report data.
CONSHaving to download each Excel file, but once downloaded, it's easy to select the data we want to see.
Soumya
Non-Profit Organization Management, 201-500 employees
Used daily for more than 2 years
OVERALL RATING:
3
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
3
Reviewed August 2022
Cloud Based Excel Software
At ANet we completely re-modelled our reporting and we saved man power and time byinstalling vena.
PROSVena is a plug in for Excel, so the basic functionality for excel is all there. You don't need to learn a new software.
CONSIntegration can be improved. Sometimes integrations are complicated. It is not user friendly for Mac users.
Reason for choosing Vena
Cost and ease of use
Reasons for switching to Vena
Cloud Software
Rahul
Information Technology and Services, 10,000+ employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed July 2023
Best Accounting Software
After using the Vena Software now I can say it's the best accounting software where we can reconcile ending balances. Now we can easily identify discrepancies or time differences between the bank statement and financial records. With a centralized database, we can easily collect all the data from different departments and generate a collective report about company progress. That's why I totally recommended this software to all my corporate friends.
PROSAfter using the Vena software now I can say that now I can take up my financial decision more effectively. with the help of this software, we can generate a report through with we get better financial insights. Now we can do data aggregation department-wise. With Vena Software my focus is financial planning or analysis through its various features like bank reconciliation, General ledger, and many more. It's very user-friendly with an interactive dashboard and collaboration management.
CONSNothing, I like each and every feature of Vena Accounting software offers features such as data consolidation, workflow automation, scenario modeling, and interactive dashboards which help me in taking the future decision after keeping in mind the current situation of our company. We can now collaborate with our stakeholders to access and review different scenarios.
Ankit
Verified reviewer
Mechanical or Industrial Engineering, 501-1,000 employees
Used daily for less than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
3
FUNCTIONALITY
4
Reviewed July 2023
A Strong tool that can help to create the best reports in an organization
After we installed Vena in our organization the broad data management of the whole organization got completed a lot faster than before and it has lots of collaborating tools that even make it more time-saving and high potential software which gives great returns to our company.
PROSVena is a cloud-based platform that helps our business to track all their budgets, plans, and financial data in a single platform. The best part of Vena is that it can easily be integrated with MS Excel and even a user who doesn't have much information about Excel can work on it with huge data. It also helps to understand the overall performance of our organization and understand the market trends.
CONSThe worst part of working in Vena is its interface which is a little different to learn initially and getting used to its complex user interface takes a little time also the price of the software is on the higher side when it is compared to some other FP&A software available in the market.
Anonymous
51-200 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed May 2023
Vena - returning customer
- Flexibility of the tool to build your own universe of workflows and reports- Excel-based- Sense of community created by the Vena marketing team
CONS- Rocky integration with our accounting system (needed external help)
Ta
Financial Services, 11-50 employees
Used daily for less than 6 months
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
5
Reviewed June 2023
Great Product at a reasonable price
Beyond the finance and accounting departments, other teams, such as operations and sales, also benefit from Vena Solutions. They leverage the platform to access financial data, track performance against budgets, and align their activities with the overall financial goals of the organization. This cross-departmental usage fosters collaboration, transparency, and accountability throughout the organization.
PROSVena Solutions is being utilized across our entire organization, spanning multiple departments. Its primary application is within our finance and accounting departments, where it serves as a comprehensive financial planning and analysis (FP&A) software. Vena Solutions enables our teams to streamline various financial processes, including budgeting, forecasting, financial reporting, and consolidation. Within the finance department, Vena Solutions is employed to centralize and automate the budgeting and forecasting procedures. It offers a collaborative platform that allows different stakeholders to contribute their inputs and assumptions, which are then consolidated into a comprehensive financial plan. This streamlines the budgeting process, reduces manual errors, and enhances the accuracy of our financial projections.
CONSHard to teach others how to use this product
Lilian
Accounting, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2023
Incredible,straightforward and powerful Financial Planning and Analysis Tool.
It is simple to create financial budgets and forecasts with Vena.It streamlines financial planning and analysis process thus we can plan our financial future accurately with Vena.It helps to automate tasks and workflows and also simplifying business processes.It makes it simple to generate custom financial statement reports.
CONSVena has wide variety of features and functionality that are simple to customize,configure and navigate so as to meet our objectives hence I lack anything major setback to highlight.
Aditya
Chemicals, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2023
Masterful and powerful Financial Planning,Budgeting and Forecasting Solution.
It automates complex business processes like financial budgeting and forecasting thus saving time.It helps to automate and eliminate tedious tasks.It is simple to carry out accounting and bookkeeping activities with Vena.It is simple to prepare financial statements with Vena.It is simple plan and manage cash flows with Vena.
CONSVena is an expensive financial planning and budgeting solution and I do suggest that it's pricing tiers should be lowered to attract more business prospects.
Felicia
Verified reviewer
Consumer Services, 501-1,000 employees
Used daily for less than 12 months
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed July 2023
Outstanding sales performance reporting product
The financial reporting based on data analytics has helped us to set achievable objectives. Team collaboration has been enhanced which helps teams to focus on potential business gains and avoid bottlenecks. The recorded growth has indicated that Vena is the most efficient business planning tools that accelerate achievement of set goals.
PROSVena provides best budgeting tools that helps each department to set realistic goals on projects. It tracks performance of sales and marketing programs from the company websites. It helps us to focus on more productive business programs and manage resources effectively. The planning system has mitigated risks with real-time insights.
CONSThis tool has simplified key business programs and I totally like it. I have not observed low key indicators from the overall performance.
Raghav
Chemicals, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2023
Fantastic, accurate and fast accounting management software.
Always the best when solving accounting and financial problems. I get a good balance on my expenses at hand.
PROSThe features that make budgeting more easy and always accurate.It is in real time with notifications and keeping a good financial track on all expenses.
CONSIt sorted my accounting problems by far such that I don't really see anything as a flaw.
Justus
Medical Devices, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2023
An Amazing Accounting and Budgeting Solution For Business
I have used Vena and have had an amazing experience especially when it comes to accountingIt is easy to use thanks to the Excel like interfaceThe software makes Budgeting and reporting easyIt's very resourceful
CONSNot a single issue as everything from deployment to using the software had been smooth
David
Wholesale, 1,001-5,000 employees
Used daily for less than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
3
CUSTOMER SUPPORT
3
FUNCTIONALITY
3
Reviewed May 2023
Review for Vena FP&A Software
Overall, Vena is a good FP&A software. It's a good choice if your company mostly uses Excel for your FP&A reports.
PROSI like the most about the drill down function in Vena. It allows you to view information on the transactional level.
CONSI did not like Vena's task flow builder because it feel clunky. Additionally, the email settings need improvement because we are sending 50+ emails to each executive for the annual budget for review.
Gitesh
Information Technology and Services, 201-500 employees
Used weekly for less than 12 months
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed July 2023
Vena FPA
Interesting and different from other FPA in market.
PROSVena gives you freedom and is most easy and efficient app to make a template. Easiest way to share an information or sheet to department. All things like budget, revenue status and different planning can be managed by any small or large organization.
CONSMore upgrades can be done. The template takes 3 to 4 minutes to load. Bit expensive to maintain. Need to upgrade support.
Anjan
Civil Engineering, 1,001-5,000 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
FUNCTIONALITY
5
Reviewed June 2023
Comprehensive accounting management
Overall, very happy with the feature set of Vena and would recommend it to my friends in finance sector.
PROSVena's simple to use features enables us to prepare final accounts of our organization, right from basic accounting entries in individual ledger to preparing more complex balance sheet, Vena has got us covered extremely well.
CONSThe layout of the finance reportage can be improved further.
Michel Carlos
Capital Markets, 5,001-10,000 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2023
Fantastic and thorough Accounting portal
The thing I really adore about Vena is that it enables us to quickly build unique financial heads, such as company, supplier, etc., and completes financial transactions to produce general ledgers, which are then used to quickly compile the balance sheet.
CONSTo fully comprehend it, our staff need first hand training.
Stanley
Financial Services, 10,000+ employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed July 2023
The ultimate solution for accounting and invoicing
I honestly like that this application for billing and bookkeeping represents a significant advance in automation. I moved to utilising Vena from excel and word and I'm quite happy with the decision.
CONSIn the course of time, the a recurring payment model strategy is more costly.
Merylin
Verified reviewer
Financial Services, 5,001-10,000 employees
Used daily for less than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed March 2022
Business management tool
My experience has been good, this is because I can organize, manage or calculate from financial processes to accounting analysis if I so require, and it also has more advanced functions than the known tool.
PROSwhat I like the most is that it has known capabilities and its monthly training for beginners is much less than others, but it is a functional and fast tool, it also has many templates
CONSI do not feel that the tool is difficult, or that it is not organizationally functional
María
Verified reviewer
Banking, 10,000+ employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2022
My overall and remarkable insight with Vena
It's a reliable tool for creating and managing financial budgets. It's reliable with cash flows management.
PROSI like how this tool is reliable for financial planning,budgeting and forecasting.It's simple to prepare custom financial reports reports with Vena.This tool is reliable with bank account reconciliation.
CONSI lack anything that I can complain since this tool meets all my needs and expectations.
Balaji
E-Learning, 501-1,000 employees
Used daily for less than 6 months
OVERALL RATING:
4
EASE OF USE
3
VALUE FOR MONEY
4
CUSTOMER SUPPORT
3
FUNCTIONALITY
4
Reviewed June 2023
Optimize the financial process with Vena
I highly recommend Vena for anyone who wants to reduce the efforts of sales and finance team. Vena is a clear winner for finance automation process.
PROSThe best about Vena is it make every sales person as a collection agent of their own sales with less documentation and tracking efforts. The color-coded reports indicate the loan disbursement status of our cases. We can easily export our sales report and performance record to the Google sheets for appraisal meetings and review meetings. We can track our incentives for each of our contribution.
CONSVena have many features of no use to my current role like Budgeting, Forecasting, etc. Download our reports in pdf is not straightforward.
Jhanvi
Information Technology and Services, 501-1,000 employees
Used daily for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2023
Superb Performance for Financial Reporting
Vena is one of the best software for financial planning and reporting. I use this software to make budget reporting, data import/export, etc.
PROSThe tool is very impressive and easy to use. It offers fantastic features that help us to manage our finance and account data easily.
CONSI felt that the tools is quite slow when we deal with large amount of data. Otherwise it's run smoothly.
Whitney
Hospitality, 5,001-10,000 employees
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2017
Powerful, User Friendly Budgeting, Reporting, and Analysis Tool
Improved budgeting and ad hoc reporting
PROSThe Excel interface is my favorite part about Vena. Everyone within our business is familiar with and comfortable using Excel. Therefore, when we started using Vena for budgets, our contributors did not have to learn a completely new interface. However, Vena offers so much more than just Excel. I love how Vena shows you who made changes to the file and what the previous values in the file were. It helps hold people accountable. It is also very easy to make powerful reports using Vena.
CONSWe built a very complicated template which took a long time to open. However, Vena was very helpful in helping us optimize our template and improve the performance drastically.
Arjun
Information Technology and Services, 11-50 employees
Used daily for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2023
Business Process Automation Software
The software helps in task management as well as activity tracking. It also includes data visualization and workflow management software. We can also use strategic planning software.
CONSStill now I have not found anything least about the software.
Garlock
11-50 employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2018
VENA SOLUTIONS IS AWESOME!
I particularly like how easily Vena integrates with my existing software programs (Microsoft Excel based), and the support provided to our business has been second to none!
CONSThere were a few glitches during set-up and installation and there is a bit of a learning curve as we customized the program to fit our particular requirements, however customer support made life as easy as possible.