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Vena Reviews & Product Details - Page 3

Vena Overview

What is Vena?

Reduce reporting, budgeting & close times by 50% with Vena—the #1 AI-powered FP&A platform built to amplify your Microsoft investment. With a familiar Excel interface, AI-powered insights and a centralized database that connects and consolidates your data, you can improve productivity, free up time for analysis and plan for any scenario with confidence. Vena is perfect for finance and accounting teams looking for flexible and easy-to-use Excel-based FP&A software that can be implemented quickly. Today, over 2,000 companies of all sizes use Vena's award-winning platform to streamline budgeting, reporting and analysis. Ready to see if Vena is a good match for your organization? Sign up for your free personalized demo today. G2 categories include: Corporate Performance Management (CPM) Software, Budgeting and Forecasting Software, Financial Close Software, Sales Performance Management Software and more.

Vena Details
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Languages Supported
German, English, French, Italian, Dutch, Portuguese, Russian, Spanish, Ukrainian
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Product Description

Vena’s corporate performance management software combines native Microsoft® Excel® with the sophisticated workflow, audit capabilities, business rules and central database of an enterprise-class solution.

How do you position yourself against your competitors?

Vena is intuitive budgeting, planning and forecasting software for medium to large sized organizations. Vena embraces Microsoft Excel and turns it into an enterprise cloud solution with a centralized database, sophisticated workflow, powerful reporting and advanced analytics. Unlike traditional software that replaces Excel with rigid, hard-to-use applications with a steep learning curve, Vena is the easiest way for finance and sales professionals to get trusted numbers and insights – fast.


Seller Details
Company Website
Year Founded
2011
HQ Location
Toronto
Twitter
@venasolutions
1,386 Twitter followers
LinkedIn® Page
www.linkedin.com
671 employees on LinkedIn®
Description

Vena Solutions is a leading provider of financial planning and analysis (FP&A) software that empowers businesses to streamline budgeting, forecasting, and reporting processes. Built on the familiarity of Excel, Vena’s platform integrates with existing systems to provide enhanced data consolidation, real-time collaboration, and advanced analytics. Organizations use Vena to improve decision-making, drive performance, and achieve business growth.


PB
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Vena Integrations

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Verified by Vena

Recent Vena Reviews

AM
Andrew M.Small-Business (50 or fewer emp.)
5.0 out of 5
"Software that Simply works for Finance"
Vena does a great job at organizing your data into a simple database format. Your data can be complex, but with Vena, it's easy to draw it down and...
HG
Holly G.Mid-Market (51-1000 emp.)
5.0 out of 5
"Excellent Month End Process - Communicating - Reporting"
Excellent Month End Process - Communicating - Reporting
Verified User
C
Verified UserMid-Market (51-1000 emp.)
3.5 out of 5
"Familiar excel interface with a steep learning curve"
Vena's native integration to Microsoft 365 and Power BI is what makes it worth it. Its spreadhseets allow for indepth financial modeling and foreca...
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Vena Media

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Video Reviews

322 Vena Reviews

4.5 out of 5
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322 Vena Reviews
4.5 out of 5
322 Vena Reviews
4.5 out of 5

Vena Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for VenaQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
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10 (Easy)
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BP
Finance Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Vena?

I love the efficiency, opportunity and room for growth with this powerful solution. Vena is also excel based which is familiar and easy to get buy in from my organization which is HUGE. Review collected by and hosted on G2.com.

What do you dislike about Vena?

The biggest downfall with Vena is the fact that they have been behind the 8 ball in regards to offering specific products/services for banking and credit union clients. I hear there are some items in the works that would have really assisted us during our implementation - better late than never! Review collected by and hosted on G2.com.

What problems is Vena solving and how is that benefiting you?

One of the main problems we were having is we did everything (budgeting and forecasting) all in one excel workbook. We have sinced moved to a departmental budgeting model that was too complex for one workbook to accomplish. The other great thing about vena is it is protected and audited. You can tell when something is updated/changed vs. wondering what in the world happened from the last time you opened your "forecast". It is a great efficient and "safe" tool. Review collected by and hosted on G2.com.

LH
Account Associate
Civil Engineering
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Vena?

With the Vena we can maintain and and analyse all the financial, accounts and sales reports very easily and work on them with more accessbility. Their ease to use interface like excel gives a sweet and simple work experience with their platform. Review collected by and hosted on G2.com.

What do you dislike about Vena?

The implementaion and integration process is very easy and they have lots of features that why we frequently use their services on daily basis. They have strong team support that always be their to support with any problem. Review collected by and hosted on G2.com.

What problems is Vena solving and how is that benefiting you?

In our company we are looking for something where we can work our all office documentation and analyse and forecast with same platform. Here Vena gives a wonderful solution to us and their reliable services make them more useful and reliable services provider. Review collected by and hosted on G2.com.

EP
Software Engineer III
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
What do you like best about Vena?

Its native support integrates it with Microsoft 365, its own CRM, and its analytics. It saved us the investment and effort to deploy every instance separately.

Vena was easy to integrate between products and to customize with our different brands. Review collected by and hosted on G2.com.

What do you dislike about Vena?

There was nothing to dislike about it. We particularly decided to switch to this vendor because of the integrations. There may be a little room for improvement on the mobile dashboard. Review collected by and hosted on G2.com.

What problems is Vena solving and how is that benefiting you?

Vena integrated all our spreadsheets into a more reliable database. It also offered metrics that were directly directly accessed by their automation to give out-of-the-box responses to our clients. Review collected by and hosted on G2.com.

PG
Sr. QA Automation Engineer
Insurance
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Vena?

It easily integrates with Excel and allows team collaboration in real time Review collected by and hosted on G2.com.

What do you dislike about Vena?

It becomes slow when you work with much data Review collected by and hosted on G2.com.

What problems is Vena solving and how is that benefiting you?

It allowed our company to move out from Excel to a better tool, without losing existing data Review collected by and hosted on G2.com.

ML
Software Developer
Events Services
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Vena?

Vena has understandable financial planning features, that allows firm's performance to improve.

Vena has committed and professional customer support, ready to carefully take users through the software.

The integration with sales features makes Vena more valuable and results are attained easily. Review collected by and hosted on G2.com.

What do you dislike about Vena?

There is optimal financial navigation from Vena, and no single moment we have been failed by the software. Review collected by and hosted on G2.com.

What problems is Vena solving and how is that benefiting you?

The opportunity to have a friendly and affordable budgeting and financial planning solution is a merit to our company. More so, the introduction of sustainable sales planner, with accurate prediction is a fruitful capacity that guarantee financial improvement.

The development of accurate perfomance measures is also a dynamic way of creating performance change. Review collected by and hosted on G2.com.

MB
Financial Adviser
Non-Profit Organization Management
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Vena?

The working methodology of Vena gives a wonderful experience and ease-to-use integration that make their user experience much better than others. I have a very great and reliable experience with Vena Solution in making my reports and documents on time. Review collected by and hosted on G2.com.

What do you dislike about Vena?

We frequently use Vena for our finances and accounts and also Their ease of implementation gives a high quality of services and support. Review collected by and hosted on G2.com.

What problems is Vena solving and how is that benefiting you?

With Vena, we can perform multiple task at the same time and their user-friendly interface gives a healthier environment to work on their platform without any hassle. They have the best analysis dashboard to analyze all reports with a different view point and make them so perfect for us. Review collected by and hosted on G2.com.

JG
Finance Systems Specialist
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Vena?

The best part about VENA is the versatility of the implementation of the solution. The software can be adapted to any type of company even to the ones with the most complex behaviours. The implementation is easy the easiest is your company complexity but compared to other sistems it has a very nice integration with your already existing excel models, so it is very user friendly. Review collected by and hosted on G2.com.

What do you dislike about Vena?

The biggest issue about VENA from my point of view is the lack of some data operations and computational efficiency. Sometimes you feel limited in what you can do. And even though it exists a work around it is sometimes not very computational and time efficent. Review collected by and hosted on G2.com.

What problems is Vena solving and how is that benefiting you?

VENA is mainly targeting the problem of the automation of the PL in our company, mainly for BGT and FCS and also providing pararlel reports that help in the financial and operational performance analysis of the business. Review collected by and hosted on G2.com.

SB
Accountant
Information Technology and Services
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Vena?

The most features I like in Vena is their flexible working methodology like If I created a template and I am able to use it for other reports where we want to replicate them.

Very ease to use platform for all types for accounting and forecasting services with very reliable and secure services. Review collected by and hosted on G2.com.

What do you dislike about Vena?

Oneday, I face some glitches on their server and report to their tech support guy and they fix my query in just 15 mins so Their is no any bad comment I have on their services. Review collected by and hosted on G2.com.

What problems is Vena solving and how is that benefiting you?

I use Vena in my office to complete my monthly forecasting and also use this platform for day to day activity. They have number of features and tools that make them reliable and ease to use platform for acoounting and finance. Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care
UH
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Vena?

Vena's seamless Excel integration combines familiarity with powerful automation and real-time data consolidation, streamlining financial processes. The platform enhances efficiency, and its exceptional customer support ensures a smooth experience. Review collected by and hosted on G2.com.

What do you dislike about Vena?

While Vena is powerful, the initial setup and implementation can be complex and time-consuming. Review collected by and hosted on G2.com.

What problems is Vena solving and how is that benefiting you?

Vena has streamlined our financial planning by automating data consolidation and improving reporting accuracy. It saves us time, reduces errors, and makes collaboration across teams much easier, letting us focus more on strategic decisions Review collected by and hosted on G2.com.

Verified User in Leisure, Travel & Tourism
UL
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Vena?

I love how easy it is to take any of my spreadsheets and integrate them into Vena. Was able to simplify a lot of spreadsheets but bringing the data in via the cloud rather than dropping it from our accounting system. We have also used it for employee reviews bringing in significant amounts of data and making life easier for our operations team. We have our financial reporting moved to vena and can update it on demand to have instant access to our statments and any reports we have built. Cut down month end close time significantly. We have so many other uses that we can think of and just need the time to implement. Review collected by and hosted on G2.com.

What do you dislike about Vena?

No major downsides. The user interface could be a little better. We primarily use it for budget and rollling it over from year to year could be better but the key is setting up everything right at the beginning. We have been a user from the early stages of the product and it has evolved significantly and we are catching up with all the changes. Review collected by and hosted on G2.com.

What problems is Vena solving and how is that benefiting you?

Largest problem we solved was our budget spreadsheet was getting too big so we broke it down and brought it into vena and now with the audit trail we feel very confident with the integrity of it and monitoring the changes. The biggest benefits we realized was what else we could use it for. We use it for so much more than we initially intended to use it for. Review collected by and hosted on G2.com.