Vena Features
What are the features of Vena?
Budget Creation
- Data Import
- Budget Hierarchies
- Versioning
- Formulas
- Budget Periods
Budget Management
- Consolidation
- Adjustments
- Workflows
Forecasting
- Historical Data
- Reforecast
- Forecast Types
- Rolling Forecasts
Analytics
- Variance Analysis
- Forecasts Comparison
- Forward Looking
Top Rated Vena Alternatives
Technology Glossary Features
View definitions of the features and discover new technology terms.
Vena Categories on G2
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Platform
Customization | Allows administrators to customize to accommodate their unique processes. Includes ability to create custom objects, fields, rules, calculations, and views. This feature was mentioned in 26 Vena reviews. | 96% (Based on 26 reviews) | |
Integration APIs | Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications. This feature was mentioned in 25 Vena reviews. | 95% (Based on 25 reviews) | |
Internationalization | As reported in 24 Vena reviews. Enables users to view and transact business with the same content in multiple languages and currencies. | 94% (Based on 24 reviews) | |
User, Role, and Access Management | Grant access to select data, features, objects, etc. based on the users, user role, groups, etc. This feature was mentioned in 27 Vena reviews. | 96% (Based on 27 reviews) | |
Performance | Is consistently available (uptime) and allows users to complete tasks reliably. 26 reviewers of Vena have provided feedback on this feature. | 93% (Based on 26 reviews) | |
Mobility | As reported in 23 Vena reviews. Is accessible from a mobile device and by users on the go. | 95% (Based on 23 reviews) | |
Reporting | Provides analytics tools that reveal important business metrics and track progress. 26 reviewers of Vena have provided feedback on this feature. | 98% (Based on 26 reviews) | |
Dashboards | As reported in 24 Vena reviews. Has a centralized dashboard for users to interact with. | 97% (Based on 24 reviews) | |
Reward Structuring | Based on 22 Vena reviews. Define compensation packages and allowance plans within the system. Specify the various components of compensation, including base pay, bonuses, and equity. Structure compensation pools and hierarchies for continual planning. | 92% (Based on 22 reviews) | |
Event Management | As reported in 22 Vena reviews. Coordinate new hire, transfer, promotion, and termination events within the system using rules to automatically facilitate the associated compensation adjustments. | 92% (Based on 22 reviews) | |
Workflow Automation | Streamline the flow of work processes by establishing triggers and alerts that notify and route information to the appropriate people when their action is required within the compensation process. 23 reviewers of Vena have provided feedback on this feature. | 94% (Based on 23 reviews) | |
Compensation History | See feature definition | Based on 23 Vena reviews. Access employee compensation history and talent records when evaluating compensation adjustments to inform decision making. | 96% (Based on 23 reviews) |
Automated Compliance | Maintain compliance with corporate policies, state mandates, and federal regulations regarding compensation with built in compliance features, including automated identification and flagging of unapproved behaviors. 22 reviewers of Vena have provided feedback on this feature. | 92% (Based on 22 reviews) | |
Performance Management Integration | Integrate employee performance data from a third-party performance management solution to supplement compensation history and establish pay-for-performance compensation structures. This feature was mentioned in 23 Vena reviews. | 91% (Based on 23 reviews) | |
Embedded Analytics | View budgetory allocations across the organization, compensation information related to individual employees or departments, and underlying compensation trends in analytics dashboards embedded in the system. This feature was mentioned in 23 Vena reviews. | 95% (Based on 23 reviews) | |
Reporting Capabilities | As reported in 25 Vena reviews. Create standard and ad-hoc reports of compensation data within the system. Trends and other graphical representations of data displayed by analytics dashboards can be included in reports. | 96% (Based on 25 reviews) | |
Compensation Data Management | See feature definition | Based on 23 Vena reviews. Easily import data into or export data from the system, and access employee compensation data quickly within the system. Create compensation hierarchies so that managers can access relevant team information. | 98% (Based on 23 reviews) |
Internationalization | Extend compensation configurations around the globe using flexible location profiles, multiple language options, and automatic currency conversion tools within the system. This feature was mentioned in 22 Vena reviews. | 97% (Based on 22 reviews) |
Incentives
Badges | Assigns achievement badges to high-performing employees based on pre-determined standards. This feature was mentioned in 22 Vena reviews. | 94% (Based on 22 reviews) | |
Triggers | Automatically recognizes achievements that should be added to the leaderboard. This feature was mentioned in 22 Vena reviews. | 98% (Based on 22 reviews) | |
Commission Calculator | As reported in 22 Vena reviews. Helps users determine sales goals by calculating potential commission rates. | 94% (Based on 22 reviews) | |
Leaderboards | Based on 22 Vena reviews. Highlights top-performing employees to publicly reward their achievements. | 96% (Based on 22 reviews) |
Personalization
Profiles | As reported in 22 Vena reviews. Creates user profiles similar to social media pages that display private or public statuses and updates. | 95% (Based on 22 reviews) | |
Custom Reports | Generates reports with customizable fields to further understand employee performance. This feature was mentioned in 22 Vena reviews. | 95% (Based on 22 reviews) | |
Dashboards | Visualizes individual and team insights such as new leads and outbound calls. 22 reviewers of Vena have provided feedback on this feature. | 95% (Based on 22 reviews) | |
Goal Setting | As reported in 22 Vena reviews. Allows teams to set trackable goals within the tool. | 97% (Based on 22 reviews) |
Administrative
Integration | Integrates with CRM and financial systems to help determine goals 22 reviewers of Vena have provided feedback on this feature. | 95% (Based on 22 reviews) | |
Employee Structure | Organizes team members by roles, activities and objectives and weighs tasks by importance. 22 reviewers of Vena have provided feedback on this feature. | 96% (Based on 22 reviews) | |
Behavior Monitoring | Allows managers and administrators to peruse profiles and monitor employee behavior and performance. This feature was mentioned in 22 Vena reviews. | 96% (Based on 22 reviews) |
Financial Insight
Budgeting | Based on 76 Vena reviews and verified by the G2 Product R&D team. Uses collected data to assist organizations in understanding what they can afford now, and in years to come. | 94% (Based on 76 reviews) | |
Forecasting | Based on 71 Vena reviews and verified by the G2 Product R&D team. Creates a continuous and recurrent planning process that can be calculated according to a specified and customizable timeline. | 92% (Based on 71 reviews) | |
Planning | Based on 74 Vena reviews and verified by the G2 Product R&D team. Leverages data from budgeting and forecasting processes to help corporations understand their reality and make decisions accordingly. | 93% (Based on 74 reviews) |
Data
Data Visualization | Based on 66 Vena reviews and verified by the G2 Product R&D team. Offers methods of visualizing data via customizable dashboards, statistical graphs, and charts. | 85% (Based on 66 reviews) | |
Data Analysis | Based on 71 Vena reviews and verified by the G2 Product R&D team. Scours data for actionable insights. | 86% (Based on 71 reviews) | |
Custom Reporting | Based on 74 Vena reviews and verified by the G2 Product R&D team. Allows users to customize their own reports according to business needs. | 91% (Based on 74 reviews) | |
Reporting Templates | Based on 67 Vena reviews and verified by the G2 Product R&D team. Provides pre-built reporting templates to organize data for payroll, manufacturing, and other company factions. | 90% (Based on 67 reviews) |
Status Communication
Collaboration | Based on 67 Vena reviews and verified by the G2 Product R&D team. Allows for searchable communication within the tool via notes, checklists, and discussions to ensure clarity between users. | 88% (Based on 67 reviews) | |
Version Control | Based on 73 Vena reviews and verified by the G2 Product R&D team. Reflects updates immediately, ensuring users have the most recent data while maintaining records of past performance. | 93% (Based on 73 reviews) | |
Real-Time Data Updates | Based on 65 Vena reviews and verified by the G2 Product R&D team. Updates varying factors in real-time, assuring forecasts and inferences are continually made according to the most recent information. | 91% (Based on 65 reviews) | |
Scorecards | Based on 51 Vena reviews and verified by the G2 Product R&D team. Displays and shares company performance data to increase transparency across the board. | 85% (Based on 51 reviews) |
Budget Creation
Data Import | Based on 139 Vena reviews. Import trial balance, monthly P&L, balance sheets, and other types of financial data | 89% (Based on 139 reviews) | |
Budget Hierarchies | As reported in 138 Vena reviews. Define budget structure elements and how they are linked hierarchically | 90% (Based on 138 reviews) | |
Versioning | As reported in 138 Vena reviews. Keeps track of all versions of a budget and allows users to compare versions | 88% (Based on 138 reviews) | |
Formulas | As reported in 131 Vena reviews. Include budgeting formulas to estimate direct and indirect costs, operating and non-operating revenues | 88% (Based on 131 reviews) | |
What-If | Test the potential financial impact of business decisions on revenues and expenses 111 reviewers of Vena have provided feedback on this feature. | 84% (Based on 111 reviews) | |
Budget Periods | Based on 135 Vena reviews. Users can customize standard budget periods (3, 9, or 12 months) | 91% (Based on 135 reviews) |
Budget Management
Consolidation | As reported in 122 Vena reviews. Consolidate multiple budgets from different departments or business entities | 92% (Based on 122 reviews) | |
Adjustments | Users with administrative access rights can modify budgets This feature was mentioned in 119 Vena reviews. | 90% (Based on 119 reviews) | |
Workflows | Based on 124 Vena reviews. Workflows are used to define the steps required to alter budgets and who needs to approve changes | 88% (Based on 124 reviews) |
Forecasting
Historical Data | As reported in 130 Vena reviews. Forecasting is based on past transactions and historical financial or operational data | 91% (Based on 130 reviews) | |
Reforecast | Ability to recreate forecasts to include new information that may impact budgets This feature was mentioned in 124 Vena reviews. | 90% (Based on 124 reviews) | |
Forecast Types | Based on 121 Vena reviews. Support multiple types of forecasts such as balance sheet and cash flow forecasts | 89% (Based on 121 reviews) | |
Rolling Forecasts | Based on 123 Vena reviews. Used to review and update budgeting assumptions for a predefined period (usually one year) | 89% (Based on 123 reviews) | |
AI | Uses AI algorithms and models to predict future trends and outcomes, based on historical data and patterns This feature was mentioned in 45 Vena reviews. | 67% (Based on 45 reviews) |
Analytics
Variance Analysis | Project out as the year progresses to accommodate trends that affect key business drivers. This feature was mentioned in 126 Vena reviews. | 90% (Based on 126 reviews) | |
Forecasts Comparison | compare Income Statement, Balance Sheet, and Cash Flow for multiple periods 125 reviewers of Vena have provided feedback on this feature. | 91% (Based on 125 reviews) | |
Forward Looking | Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data This feature was mentioned in 118 Vena reviews. | 90% (Based on 118 reviews) |
Data Management
Data Import | Financial information can be imported from multiple sources such as spreadsheets, text files, or databases This feature was mentioned in 71 Vena reviews. | 90% (Based on 71 reviews) | |
Data Consolidation | Data from multiple systems can be centralized into a single repository 70 reviewers of Vena have provided feedback on this feature. | 91% (Based on 70 reviews) | |
Data Validation | Financial data can be validated to avoid duplicates and errors 69 reviewers of Vena have provided feedback on this feature. | 86% (Based on 69 reviews) |
Reporting Structure
Reporting Hierarchy | Based on 72 Vena reviews. Administrators can define and manage the reporting structure and access rights to each report | 89% (Based on 72 reviews) | |
Report Templates | Templates that can be used to create new reports without starting from scratch 70 reviewers of Vena have provided feedback on this feature. | 88% (Based on 70 reviews) | |
Report Types | Provide multiple types of reports such as point-in-time or snapshot reports, year over year, or time to date This feature was mentioned in 71 Vena reviews. | 88% (Based on 71 reviews) |
Standard Analytics
Standard KPIs | Based on 63 Vena reviews. Include most common financial KPIs such as gross and net profit margin, or working capital | 83% (Based on 63 reviews) | |
Standard Reports | Standard financial reports are provided out of the box This feature was mentioned in 67 Vena reviews. | 86% (Based on 67 reviews) | |
Financial Statements | See feature definition | Ability to analyze financial statements such as income statement and balance sheet 69 reviewers of Vena have provided feedback on this feature. | 87% (Based on 69 reviews) |
Drill Down | As reported in 71 Vena reviews. Users can drill down to the detail level of each transaction or financial entry | 88% (Based on 71 reviews) |
Custom Analytics
Dashboards | Dashboards can be customized to display different types of data from various sources 64 reviewers of Vena have provided feedback on this feature. | 83% (Based on 64 reviews) | |
Custom KPIs | Users can modify standard financial KPIs and metrics 63 reviewers of Vena have provided feedback on this feature. | 84% (Based on 63 reviews) | |
Custom Reports | Based on 69 Vena reviews. Allow users to edit reports and to combine multiple reports | 90% (Based on 69 reviews) | |
Self Service | As reported in 65 Vena reviews. A dedicated portal for external users with limited access to the system | 88% (Based on 65 reviews) | |
Multiple Entities | Monitors the financial performance of multiple entities 44 reviewers of Vena have provided feedback on this feature. | 91% (Based on 44 reviews) |
Reconciliation
Consolidation | Based on 56 Vena reviews and verified by the G2 Product R&D team. Data from multiple systems can be centralized into a single repository | 92% (Based on 56 reviews) | |
Management | Based on 58 Vena reviews and verified by the G2 Product R&D team. Financial information can be imported from multiple sources such as spreadsheets, text files, or databases | 93% (Based on 58 reviews) | |
Accounting | Based on 48 Vena reviews and verified by the G2 Product R&D team. Match invoices, payments, and bank statement information | 89% (Based on 48 reviews) |
Reporting
Report Types | Based on 62 Vena reviews and verified by the G2 Product R&D team. Provide multiple types of reports such as point-in-time snapshot reports, or year over year | 92% (Based on 62 reviews) | |
Standard | Based on 56 Vena reviews and verified by the G2 Product R&D team. Offers standard financial reports out of the box | 88% (Based on 56 reviews) | |
Custom | Based on 62 Vena reviews and verified by the G2 Product R&D team. Allows users to edit reports and to combine multiple reports | 91% (Based on 62 reviews) |
Closing Process
Audit | Based on 48 Vena reviews and verified by the G2 Product R&D team. Creates workflows to assign tasks for audit and inspections, monitor work in progress, timelines, and approvals. | 90% (Based on 48 reviews) | |
Journal Entries | Based on 40 Vena reviews and verified by the G2 Product R&D team. Adjusts journal entries in order to have an accurate balance sheet and income statement | 86% (Based on 40 reviews) | |
Distribution | Based on 51 Vena reviews and verified by the G2 Product R&D team. Financial statements and statistical reports (such as KPI) can be assembled into financial packages | 91% (Based on 51 reviews) |
Financial Planning
Extended Planning | Based on 55 Vena reviews and verified by the G2 Product R&D team. Analysis that creates business plans outside of finance, including sales, marketing, or HR. | 90% (Based on 55 reviews) | |
Reporting | Based on 60 Vena reviews and verified by the G2 Product R&D team. Reports on departmental KPI metrics measured against targets. | 94% (Based on 60 reviews) | |
Integration | Based on 57 Vena reviews and verified by the G2 Product R&D team. Consolidates planning processes across an organization into a single solution. | 90% (Based on 57 reviews) |
Benchmarking and Equity - Compensation Management
Benchmarking Data | As reported in 20 Vena reviews. Displays and compares pay equity information, comparing the parity of pay across demographics. | 93% (Based on 20 reviews) | |
Pay Equity | Based on 20 Vena reviews. Comes with native pay equity module or capabilities. | 93% (Based on 20 reviews) | |
Salary Bands | Based on 20 Vena reviews. Facilitates organizing workers into salary bands and comparing or contrasting across different levels in the organization. | 92% (Based on 20 reviews) |
Reconciliation - Financial Reconciliation
Automation | Based on 18 Vena reviews. Automates the process of comparing financial transactions between different accounts, statements, or systems | 97% (Based on 18 reviews) | |
Bank Statements | As reported in 17 Vena reviews. Helps match transactions recorded in the company's books with those in the bank statement | 99% (Based on 17 reviews) | |
Exceptions | As reported in 17 Vena reviews. Alerts users when exceptions and discrepencies can't automatically be resolved | 100% (Based on 17 reviews) | |
Algorithms | Uses algorithms, such as rule-based matching, fuzzy logic, or machine learning techniques to help with comparing large sets of data This feature was mentioned in 17 Vena reviews. | 100% (Based on 17 reviews) |
Audit - Financial Reconciliation
Accuracy | Ensures that financial records are accurate and precise, reducing the chances of errors that could lead to audit issues This feature was mentioned in 18 Vena reviews. | 98% (Based on 18 reviews) | |
Compliance | Based on 18 Vena reviews. Meets industry-specific compliance requirements and supports regulatory standards | 99% (Based on 18 reviews) | |
Reporting | Offeres customizable reporting features to provide a clear overview of the financial reconciliation process and any issues that may need attention This feature was mentioned in 17 Vena reviews. | 100% (Based on 17 reviews) | |
Audit Trail | As reported in 17 Vena reviews. Provides a detailed history of reconciliations and supports the accuracy of financial records | 100% (Based on 17 reviews) |
Integrations - Financial Reconciliation
Accounting | As reported in 17 Vena reviews. Integrates with accounting platforms to allow the import and reconciliation of financial data | 100% (Based on 17 reviews) | |
Inventory | Based on 17 Vena reviews. Integrates with inventory management systems to help reconcile financial data related to product movements, purchases, and sales | 100% (Based on 17 reviews) | |
ERP | As reported in 17 Vena reviews. Integrates with ERP systems to reconcile financial data across various modules and departments | 100% (Based on 17 reviews) | |
Banking | Integrates with banking systems to import and match bank transactions 17 reviewers of Vena have provided feedback on this feature. | 100% (Based on 17 reviews) |
User Permissions and Security - Financial Reconciliation
Access | Offers role-based access control (RBAC) allowing administrators to define roles with specific sets of permissions 17 reviewers of Vena have provided feedback on this feature. | 99% (Based on 17 reviews) | |
Authentication | Uses features such as multi-factor authentication (MFA) to help ensure that only authorized users can access the software 17 reviewers of Vena have provided feedback on this feature. | 99% (Based on 17 reviews) | |
Encryption | As reported in 17 Vena reviews. Has encryption techniques to prevent unauthorized access or interception of data | 100% (Based on 17 reviews) | |
Regulations | Complys with regulations and standards, such as Sarbanes-Oxley (SOX), GDPR, or HIPAA This feature was mentioned in 17 Vena reviews. | 100% (Based on 17 reviews) |
Sales Performance Features - Sales Planning
Account Scoring | As reported in 21 Vena reviews. Provides ability to score accounts based on potential revenue to prioritize accordingly. | 96% (Based on 21 reviews) | |
Revenue Planning | As reported in 21 Vena reviews. Provides ability to structure topline revenue goals. | 96% (Based on 21 reviews) | |
Account Segmentation | Segment accounts based on ideal customer profile and business objectives. This feature was mentioned in 21 Vena reviews. | 97% (Based on 21 reviews) | |
Sales Performance | As reported in 21 Vena reviews. Ability to monitor plan performance data to identify deviations and course correct for rep and business unit. | 98% (Based on 21 reviews) | |
Sales Forecasting | Based on 20 Vena reviews. Forecast sales data for sales teams, individual reps, territories, or products. | 99% (Based on 20 reviews) | |
Integrations | Integrates with a variety of business systems to pull in relevant data and make data-driven decisions. 21 reviewers of Vena have provided feedback on this feature. | 96% (Based on 21 reviews) | |
Scenario Modeling | As reported in 21 Vena reviews. Abilty to create and run "what-if" scenario modeling to inform business decisions. | 98% (Based on 21 reviews) |
Territory Management - Sales Planning
Territory Management | Ability to manage distribution of territories and alter segmentation and coverage to meet business goals. This feature was mentioned in 20 Vena reviews. | 98% (Based on 20 reviews) | |
Territory Planning | Define territories to ensure optimized market coverage and allocate resources appropriately. 21 reviewers of Vena have provided feedback on this feature. | 98% (Based on 21 reviews) |
Quota & Capacity Management - Sales Planning
Quota Management | As reported in 21 Vena reviews. Ability to manage and adjust quotas continuously as needed based on market changes, new hires, territory changes. | 98% (Based on 21 reviews) | |
Capacity Management | As reported in 21 Vena reviews. Enable organizations to adjust sales capacity based on volatility such as headcount changes, restructuring, or organizational growth. | 95% (Based on 21 reviews) | |
Quota Planning | Based on 21 Vena reviews. Design quota targets based on factors such as account size, rep performance, and pipeline needs. | 97% (Based on 21 reviews) |
