Vena offers seamless data integration into your financial reporting structure
May 11, 2023

Vena offers seamless data integration into your financial reporting structure

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

Overall Satisfaction with Vena

Vena is being used for Consolidated company financial statements, divisional and locational financial statements, budgeting and forecasting. It is primarily in the control of the accounting departments but sales and operations all have reports designed and suited to their financial reporting needs. This keeps everyone in the same platform and viewing the same data without having to create their reports or rely on inaccurate information.

Pros

  • Excel based financial statement
  • System integration
  • Data Visualization

Cons

  • More access to additional reporting
  • Support from community and other users
  • System speed

Do you think Vena delivers good value for the price?

Yes

Are you happy with Vena's feature set?

Yes

Did Vena live up to sales and marketing promises?

Yes

Did implementation of Vena go as expected?

Yes

Would you buy Vena again?

Yes

  • Improved efficiency in financial reporting
  • Removed extensive consolidation/elimination functions
  • Reduced reliance on external auditors for consolidation
Vena does a great job consolidating multiple data sources from multi platforms in to one connected database that can be oriented in a way that makes sense for your organization. Built on Excel, you have the ability to pull and layer the data into highly functional and customizable reports to provide good information for all departments and users.

Vena Feature Ratings

10.0
Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
10.0
Financial data consolidation
10
Journal entries and reports
Not Rated
Multi-currency management
10
Intercompany Eliminations
10
Minority Ownership
10
Local and consolidated reporting
10
Detailed Audit Trails
10
10.0
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
XBRL support for regulatory filing
Not Rated
10.0
Personalized dashboards
10
Color-coded scorecards
10
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
10
10.0
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10
10.0
Pixel Perfect reports
Not Rated
Customizable dashboards
10
Report Formatting Templates
10
10.0
Drill-down analysis
10
Formatting capabilities
Not Rated
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
Not Rated
10.0
Publish to Web
Not Rated
Publish to PDF
Not Rated
Report Versioning
10
Report Delivery Scheduling
Not Rated
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
Pattern Recognition and Data Mining
Not Rated
10.0
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
10
Single Sign-On (SSO)
10
10.0
Responsive Design for Web Access
10
Dashboard / Report / Visualization Interactivity on Mobile
10

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