Finance Manager
May 20, 2024

Finance Manager

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

Overall Satisfaction with Vena

Vena is being used specifically as a budgeting and forecasting tool internally allowing for more efficiencies consolidating and completing budget while allowing for more time analyzing and strategic planning.

Pros

  • Provide Auditing Tools
  • Excel Based / Familiar
  • Customization

Cons

  • Implementation/Specific to Banks/Credit Unions
  • Overall more Bank/CU centric tools/templates/reports
  • More accurate reporting
  • Time saved internally in Finance
  • Time reallocated to allow for additional strategic conversations

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?

No

Did implementation of Vena go as expected?

No

Would you buy Vena again?

Yes

Love from a budgeting/forecasting standpoint, however, if you are looking for more operational reporting (for specifically banks/CU's) this may not be the most ideal solution at this point. I am confident that Vena is continuing to expand and innovated especially in regards to Banks/CU's. There is a lot of potential here in the future.

Vena Feature Ratings

7.2
Long-term financial planning
8
Financial budgeting
7
Forecasting
6
Scenario modeling
8
Management reporting
7
Not Rated
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
5.7
Financial Statement Reporting
3
Management Reporting
4
Excel-based Reporting
10
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
4.5
Flat file integration
1
Excel data integration
8
Direct links to 3rd-party data sources
Not Rated
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
Not Rated
Drill-down analysis
Not Rated
Formatting capabilities
Not Rated
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
Not Rated
Not Rated
Publish to Web
Not Rated
Publish to PDF
Not Rated
Report Versioning
Not Rated
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
Not Rated
Multi-User Support (named login)
Not Rated
Role-Based Security Model
Not Rated
Multiple Access Permission Levels (Create, Read, Delete)
Not Rated
Report-Level Access Control
Not Rated
Single Sign-On (SSO)
Not Rated
Not Rated
Responsive Design for Web Access
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated

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