Vena

4.6 (104)
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Flexible, Powerful and Easy-to-Use Excel-based FP&A Software

Overall rating

4.6 /5
(104)
Value for Money
4.5/5
Features
4.6/5
Ease of Use
4.5/5
Customer Support
4.5/5

96%
recommended this app
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104 Reviews

Rishi
Rishi
Overall rating
  • Industry: Marketing & Advertising
  • Company size: Self Employed
  • Used Daily for Free Trial
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Best Financial Tool!

Reviewed on 4/6/2023

It's an excellent product. No doubt about it. All you have to do is spend some time with it to...

It's an excellent product. No doubt about it. All you have to do is spend some time with it to understand its capabilities and all the nuts and bolts.

Pros

This is a great tool for financial planning in your business. You can see data in a lot more interactive way than other software. You can calculate and understand A-Z from all of your financial side of things. I really love this software.

Cons

Vena provides a lot of tools to manage your business. And, for a beginner, it's a little bit time-consuming task to set up everything from A-Z.

Aldrin Wilfred
Overall rating
  • Industry: Real Estate
  • Company size: 51–200 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Most diligent interpretation of MS Office 365

Reviewed on 25/6/2023

I would say Vena has definitely made it easy for most of us at work, we are trying to aim to...

I would say Vena has definitely made it easy for most of us at work, we are trying to aim to achieve more by using Vena in most productive ways possible.

Pros

The most liked features of Vena is the complete extraction of predefined data from MS Office 365 to simple accessible information .

Cons

I would say Vena is a less user friendly and immediate traction to new users would be slight challenge, which is still achievable.

Soumya
Overall rating
  • Industry: Nonprofit Organisation Management
  • Company size: 201–500 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Cloud Based Excel Software

Reviewed on 4/8/2022

At ANet we completely re-modelled our reporting and we saved man power and time byinstalling vena.

At ANet we completely re-modelled our reporting and we saved man power and time byinstalling vena.

Pros

Vena is a plug in for Excel, so the basic functionality for excel is all there. You don't need to learn a new software.

Cons

Integration can be improved. Sometimes integrations are complicated. It is not user friendly for Mac users.

Gitesh
Overall rating
  • Industry: Information Technology & Services
  • Company size: 201–500 Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Vena FPA

Reviewed on 25/7/2023

Interesting and different from other FPA in market.

Interesting and different from other FPA in market.

Pros

Vena gives you freedom and is most easy and efficient app to make a template. Easiest way to share an information or sheet to department. All things like budget, revenue status and different planning can be managed by any small or large organization.

Cons

More upgrades can be done. The template takes 3 to 4 minutes to load. Bit expensive to maintain. Need to upgrade support.

Alternatives Considered

Salesforce Sales Cloud
David
Overall rating
  • Industry: Wholesale
  • Company size: 1,001–5,000 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Review for Vena FP&A Software

Reviewed on 12/5/2023

Overall, Vena is a good FP&A software. It's a good choice if your company mostly uses Excel for...

Overall, Vena is a good FP&A software. It's a good choice if your company mostly uses Excel for your FP&A reports.

Pros

I like the most about the drill down function in Vena. It allows you to view information on the transactional level.

Cons

I did not like Vena's task flow builder because it feel clunky. Additionally, the email settings need improvement because we are sending 50+ emails to each executive for the annual budget for review.

Andrew
Overall rating
  • Industry: Renewables & Environment
  • Company size: 51–200 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

A Must Have Accounting Software - Very Affordable and Effective

Reviewed on 27/6/2023

My experience with Vena has been phenomenal

My experience with Vena has been phenomenal

Pros

We have used it for accounting and it's really goodIt comes with business process management features and never disappointIt makes reporting and accounting analytics easy

Cons

Using it requires lot's of training and practice. Otherwise it's a great tool

Gerald
Overall rating
  • Industry: Oil & Energy
  • Company size: 10,000+ Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

The been very instrumental in sales planning

Reviewed on 29/6/2023

We have been able to achieve our planning needs with Vena

We have been able to achieve our planning needs with Vena

Pros

The product's capability to analyze complex scenarios

Cons

I am very happy with the product features, looking foward to a new version

Rohit
Overall rating
  • Industry: Information Technology & Services
  • Company size: 501–1,000 Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Vena - The best performance management tool I've seen!

Reviewed on 20/7/2023

Vena is the best and advanced Performance Management tool that I have seen and used, the reporting,...

Vena is the best and advanced Performance Management tool that I have seen and used, the reporting, dashboard, etc. but there are many other features which we have not used but are planning to.

Pros

I like that we are efficiently able to collaborate in Vena, the Approval process is streamlined which was lacking previously.I also like the Dashboard and UI which is Excel like, which is a known UI for me, and report generation and sharing is a time saver.

Cons

It's a bit expensive and its integration took time for its stable work with existing ERP software.but overall, it's awesome for the work it's supposed to do.

Vincent
Overall rating
  • Industry: Accounting
  • Company size: 11–50 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

A game-changing,professional and superb Financial Planning and Budgeting Tool.

Reviewed on 19/6/2023

I handles complex excel calculations.

I handles complex excel calculations.

Pros

It is simple to track and manage cash flows with Vena.It is easy to create custom financial reports with Vena thus possible to have full visibility of our business performance.It is best suited for financial planning and analysis.It is possible to generate accurate financial budgets and forecasts with Vena.

Cons

To generate and customize financial reports can be time-consuming.

Lilian
Overall rating
  • Industry: Accounting
  • Company size: 11–50 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Incredible,straightforward and powerful Financial Planning and Analysis Tool.

Reviewed on 14/6/2023

Pros

It is simple to create financial budgets and forecasts with Vena.It streamlines financial planning and analysis process thus we can plan our financial future accurately with Vena.It helps to automate tasks and workflows and also simplifying business processes.It makes it simple to generate custom financial statement reports.

Cons

Vena has wide variety of features and functionality that are simple to customize,configure and navigate so as to meet our objectives hence I lack anything major setback to highlight.

Mahamood
Overall rating
  • Industry: Real Estate
  • Company size: 51–200 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Likelihood to recommend 8.0 /10

Vena - Reporting Genie

Reviewed on 20/6/2023

Decision making has never been easier. Visualization and automation of reports has been exceptional....

Decision making has never been easier. Visualization and automation of reports has been exceptional. Training the people to Understand all the features of Vena can be time consuming.

Pros

Best part of Vena is the customization and flexibility it offers along with the scalability. The ability of it to automate the reports makes mundane tasks easier. When paired with data visualization features of Vena, it makes decision making easy to do.

Cons

Integration of Vena with certain CRM software is an issue that needs to be improved.

Mallikarjuna
Overall rating
  • Industry: Real Estate
  • Company size: 51–200 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Efficient and Insightful

Reviewed on 30/6/2023

Vena streamlines financial analysis, but implementation costs may be a concern for budget-conscious...

Vena streamlines financial analysis, but implementation costs may be a concern for budget-conscious organizations

Pros

Vena provide a huge selection of features for data consolidation, financial modelling and budgeting, it offers a complete set of tools to support various analysis tasks

Cons

Vena offers integration capabilities, but there might be restrictions on the systems and applications it can support.

Balaji
Overall rating
  • Industry: E-Learning
  • Company size: 501–1,000 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Optimize the financial process with Vena

Reviewed on 14/6/2023

I highly recommend Vena for anyone who wants to reduce the efforts of sales and finance team. Vena...

I highly recommend Vena for anyone who wants to reduce the efforts of sales and finance team. Vena is a clear winner for finance automation process.

Pros

The best about Vena is it make every sales person as a collection agent of their own sales with less documentation and tracking efforts. The color-coded reports indicate the loan disbursement status of our cases. We can easily export our sales report and performance record to the Google sheets for appraisal meetings and review meetings. We can track our incentives for each of our contribution.

Cons

Vena have many features of no use to my current role like Budgeting, Forecasting, etc. Download our reports in pdf is not straightforward.

Anjan
Overall rating
  • Industry: Civil Engineering
  • Company size: 1,001–5,000 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 9.0 /10

Comprehensive accounting management

Reviewed on 12/6/2023

Overall, very happy with the feature set of Vena and would recommend it to my friends in finance...

Overall, very happy with the feature set of Vena and would recommend it to my friends in finance sector.

Pros

Vena's simple to use features enables us to prepare final accounts of our organization, right from basic accounting entries in individual ledger to preparing more complex balance sheet, Vena has got us covered extremely well.

Cons

The layout of the finance reportage can be improved further.

Megan
Overall rating
  • Industry: Insurance
  • Company size: 201–500 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Vena for Finance Department

Reviewed on 10/5/2023

Pros

Vena has greatly decreased our monthly-close time and made journal entries, financial reporting, and reconciliations much more efficient and easy to complete.

Cons

There is a learning curve and it can take time to set up reports/etc. on the front end.

Isabel
Overall rating
  • Industry: Information Technology & Services
  • Company size: 10,000+ Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

Very professional financial forecasting and hypothesis.

Reviewed on 27/6/2023

Had a brilliant experience with Vena, I would recommend it to other businesses too.

Had a brilliant experience with Vena, I would recommend it to other businesses too.

Pros

I am thoroughly impressed with Vena as it offers what-if analysis capabilities, allowing us to simulate different scenarios and assess the potential impact on financial outcomes. This functionality helps our business evaluate the effects of changes in variables such as pricing, expenses and market conditions.

Cons

Constant upgrades are a bit annoying although its necessary for performance.

Brandon
Overall rating
  • Industry: Financial Services
  • Company size: 201–500 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Great Clear Cut Easy to Operate Tool

Reviewed on 9/5/2023

The experience has been amazing. The team that assisted with the implementation was great, the...

The experience has been amazing. The team that assisted with the implementation was great, the sales team was extremely helpful, and the after care has been phenomenal.

Pros

If you know Excel - you'll be able to master Vena! The ease of use is amazing and the possibilities are endless in how you use this tool.

Cons

There are very few cons with this tool. I would say that the implementation is intense but that's by design. No one wants to be implementing the tool as they go!!

Stanley
Overall rating
  • Industry: Financial Services
  • Company size: 10,000+ Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

The ultimate solution for accounting and invoicing

Reviewed on 5/7/2023

Pros

I honestly like that this application for billing and bookkeeping represents a significant advance in automation. I moved to utilising Vena from excel and word and I'm quite happy with the decision.

Cons

In the course of time, the a recurring payment model strategy is more costly.

Todd
Overall rating
  • Industry: Construction
  • Company size: 201–500 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Recommendation from an early Vena adopter

Reviewed on 16/3/2023

We deployed Vena in 2020 as an ERP extension to our legacy system. Vena empowered sales metrics on...

We deployed Vena in 2020 as an ERP extension to our legacy system. Vena empowered sales metrics on the front end, financial project management in the middle, and financial reporting at the job level on the back end. We deployed a second "cube" data warehouse after the initial launch for financial reporting. Each deployment has worked as prescribed and brought extraordinary value to our construction company.

Pros

Vena has delivered huge value for us in a flexible package that can grow with our business effectively and efficiently. Vena let us keep our existing financial system and our customer Excel quoting apps. And built a reporting system on the back of Excel which everyone already knows. The road to value was fairly straightforward for us.

Cons

Vena is a toolbox of powerful opportunities. It is not an out-of-the-box accounting system. So you have to know exactly what you want out of Vena before deploying it. But this is true of any data warehouse. Knowing how data is to be extracted and presented requires upfront commitment and execution. Time spent in the planning phase will pay off 10X in the execution phase.

Rushikesh
Overall rating
  • Industry: Chemicals
  • Company size: 1,001–5,000 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Top Accounting Software Solution

Reviewed on 14/6/2023

Pros

Vena is the best accounting software we have used. Impressive and intuitive interface. It provides us with excellent tools for invoicing, bank reconciliation and preparation of reports.

Cons

We did not have to face any troubles while using this user friendly software.

Harsha
Overall rating
  • Industry: Real Estate
  • Company size: 11–50 Employees
  • Used Daily for Free Trial
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Reporting time saver software for excel users

Reviewed on 12/6/2023

It's saving me time to report generation and gets the work done. All the tools are useful and I...

It's saving me time to report generation and gets the work done. All the tools are useful and I like them.

Pros

The layout and functions are similar to Excel which helps with the learning curve. This is the best feature of Vena.

Cons

So far I'm in the trial version and like it's reporting, so far no Cons to report. Maybe tutorials be a little detailed.

Nelson
Nelson
Overall rating
  • Industry: Information Technology & Services
  • Company size: 5,001–10,000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

This is a professional and dynamic tool

Reviewed on 6/3/2023

It's a straightforward tool that allows me to perform multiple tasks in one panel, it has effective...

It's a straightforward tool that allows me to perform multiple tasks in one panel, it has effective formulas, allowing me to perform qualitative and quantitative analyzes with greater precision. In addition, when delivering these reports, I can reflect them in graphics that are easy to understand for others while still respecting the presentation’s professionalism. Another feature I like and have improved is the panel that can be personalized in the most used choices to organize it better.

Pros

Vana is a software that allows to carry out tasks either financial or accounting in a customized way by means of calculation sheets and templates very similar to the established Excel tool, except that in this opportunity offers a greater number of options that conform to the specific requirements required by the current administrative systems of the enterprises. With this program, automated reports can be made enabling the preparation of managerial plans, with a high level of protection that will enable you to function without fear of filtering such data. It adapts very well to different industries and enables archives to be imported and exported quickly

Cons

The monthly cost of the tool is very high relative to other similar ones, but of course, it should be remembered that it is a tool targeted at medium and large businesses, so that the price for large organizations can be manageable.

Drew
Overall rating
  • Industry: Sports
  • Company size: 51–200 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Review

Reviewed on 10/5/2023

Pros

The implementation team was extremely helpful bringing us online. Would like to give a personal shout out to [sensitive content hidden] that was willing to help me through my extensive questions and emails.

Cons

I would say just the learning curve to navigating the program.

Verified Reviewer
Overall rating
  • Industry: Marketing & Advertising
  • Company size: 11–50 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Best to Financial Planning and Analysis

Reviewed on 12/5/2023

Pros

Easy ways to connect business data, Logically build out reports, quick to send reports which are extremely valuable for business

Cons

Personally, I don't see any significant drawbacks.

Glen
Overall rating
  • Industry: Real Estate
  • Company size: 51–200 Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Vena is Great!

Reviewed on 9/5/2023

Vena was great and their implementation team really understood what we were trying to accomplish.

Vena was great and their implementation team really understood what we were trying to accomplish.

Pros

It allows my team to report click of a button and spend time analyzing rather than preparing.

Cons

relying on the integration team to meet our timelines.

Alternatives Considered

Workday Adaptive Planning

Reasons for Switching to Vena

I liked how vena layered on top of excel.