Trust Vena
December 28, 2023

Trust Vena

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

Overall Satisfaction with Vena

We use Vena for budgeting, financial reporting and for account reconciliation's.

Pros

  • Budgeting at a detail level
  • Reporting and instant refresh and updates
  • Versioning are a huge time saving
  • Reconciliation are easy
  • Adhoc reporting can be done very quickly
  • Allocations are very effective and time saving
  • Security works well and can be managed easily

Cons

  • Advanced mapping can get tricky
  • Learning how to use Vena, the knowledge base platform can have videos more than screenshots
  • HR module takes a long time to run, save and refresh
  • Cascading a report is generally slow
  • Vena support can be even better. More training materials can be useful
  • Time saving
  • Increased Efficiency in budgeting and reporting
  • Reconciling
  • Adhoc reporting makes analyzing very easy
Vena being a Excel add in makes it very attractive. Also, there are certain features that Vena had was very fascinating compared to their competitors. It was easy for users to grasp it as it looked and worked just as Excel.

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

Vena made budgeting very efficient. Budget changes can be viewed in reports right away. Allocations are done instantaneously. Updating baseline and versioning are done very quickly. Saving Vena report to a local drive is not very straightforward and unprotect password each time is a pain point. Also, HR template can be redesigned differently. It is currently very complicated.

Vena Feature Ratings

8.0
Long-term financial planning
Not Rated
Financial budgeting
8
Forecasting
8
Scenario modeling
8
Management reporting
8
Consolidation and Close ()
Not Rated
8.7
Financial Statement Reporting
9
Management Reporting
8
Excel-based Reporting
9
Analytics and Reporting ()
Not Rated
8.3
Flat file integration
8
Excel data integration
9
Direct links to 3rd-party data sources
8
BI Standard Reporting ()
Not Rated
8.0
Drill-down analysis
8
Formatting capabilities
8
Report sharing and collaboration
8
8.5
Report Versioning
9
Report Delivery Scheduling
8
Data Discovery and Visualization ()
Not Rated
9.0
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
9
Report-Level Access Control
9
Single Sign-On (SSO)
9
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated

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