Vena Reviews & Product Details

I like Vena for its data collection feature. It really helps me having all data in one place where I can analyze using Power BI. Review collected by and hosted on G2.com.

The initial setup of Vena was difficult. Review collected by and hosted on G2.com.

I find Vena to be incredibly stable and easy to use, which gives me a reliable feeling when working with the platform. As we handle financial data for a listed company, it's crucial that our tools deliver dependable performance, and Vena excels in this area. I particularly appreciate Vena's hands-on nature and its seamless integration with Microsoft Excel, which makes it an ideal tool for managing and consolidating our financial data effectively. Additionally, Vena has proven valuable for gathering both financial and other forms of data from our various subsidiaries, allowing for efficient consolidation and planning. I've experienced a smooth implementation process with Vena, with no issues during setup, which speaks to its user-friendliness and effective onboarding procedures. Overall, Vena's capabilities and ease of use make it an indispensable tool in our financial management processes. Review collected by and hosted on G2.com.

I find the lack of a real consolidation solution in Vena to be a limitation. Currently, we have to use Vena in conjunction with the Fluence add-on to achieve full consolidation capabilities. It would be more efficient and convenient if Vena could incorporate consolidation rules within the same tool, eliminating the need for an additional add-on and making it a comprehensive solution. Review collected by and hosted on G2.com.

I like that Vena ties into Excel, making it easy to use. It speeds up processes by reducing manual entry and duplication of efforts. Review collected by and hosted on G2.com.

Implementation was tough. Template building has a learning curve. Took months and had many issues with data integration. Review collected by and hosted on G2.com.

I like being able to find information quickly and easily with Vena. The mapping/cube system makes it easy to get information on many different reports, allowing the same information to show up on multiple reports without having to reference other spreadsheets. I appreciate the choose function when opening a report or input template, which is useful. Review collected by and hosted on G2.com.

This is more of an Excel limitation. But generally how text boxes work. Review collected by and hosted on G2.com.

I really like how much investment is going into the technology. Vena is rolling out AI agents to assist in financial processes Review collected by and hosted on G2.com.

So far, we are pretty new at using vena. We are rolling out vena this year for the first time. We do not have dislikes at the moment Review collected by and hosted on G2.com.

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 organize it into ways that make sense. FP&A is now easier and our processes sped up. Review collected by and hosted on G2.com.

The learning curve and more advanced building processes can be tough to wrap your head around at first. Setting up your own template and making mistakes will help you learn sooner as you work with your Implementation manager and the customer support team. Review collected by and hosted on G2.com.

I like how user friendly Vena is. You can pick up the logic quickly and the best part is it’s excel based. Review collected by and hosted on G2.com.

Some of the load times on reports can get quite significant, especially when there is a lot of data. Review collected by and hosted on G2.com.

For context, we use Vena primarily for our management accounts - we have reports set up that refresh monthly and are where our budget holders access to review their financials as part of monthly meetings with the Finance Business Partners. We also use Vena to forecast quarterly and complete our annual budget

One of the best things about Vena for me is it gives us and our budget holders one source of truth

It also gives us a simple way of monitoring process adherence /completion for our quarterly forecasts and annual budgets

We use a download of Vena data as a data feed in a number of other reports we use across our team - we find it a really helpful data source

It provides a robust audit trail if there are ever challenges about where a number came from / what / who changed a figure

Our staffing allocation process is complex and with help from our wonderful implementation consultant we have got a great process for budgeting and forecasting our staff and all the recharges we do

The Income and expenditure templates that we use for budgeting and forecasting work well for us - they are easy for budget holders to engage with and input into

We find that we can amend and fix stuff without lots of technical skills, adding new users / changing permissions is quite straight forward and the hierarchies/ data structures are logical Review collected by and hosted on G2.com.

Line item details functionality is overall really good, we love that option to add more detail for an account code but it has also caused us some issues in the past with errors or incorrect summing as a result and we have to be careful to do it correctly when we seed templates with data

We have had some issues with some vena users in our organisation who use macbooks - we find Vena doesn’t work well in a number of ways for them

Loading times can feel a bit slow at times - we do have a lot of staffing data so these templates we understand they take time to load, but more generally at times the opening up of standard templates can be longer than we’d like Review collected by and hosted on G2.com.

I like Vena for its simplicity and the ability to work on an Excel base while transferring data to Vena. It takes less time to consolidate data and generate reports. It's also easier and faster to transfer data using formulas since I gather data from other systems. The initial setup of Vena was very easy. Review collected by and hosted on G2.com.

We have discussed this with our IT to change the order of rows in order to make transferring the data easier. Review collected by and hosted on G2.com.

I appreciate how Vena simplifies financial reporting, annual budgeting, and monthly forecasting by allowing easy conversion of information into management-specific templates. It streamlines the sharing of actual data with end users and compiles inputs from users across the company efficiently, providing audit trails for tracking purposes. I find Vena extremely user-friendly, which enhances the overall experience for me and other end users. Its integration with Excel makes the system particularly easy for us to adopt and leverage to its full potential. The initial setup of Vena was relatively straightforward, requiring just a commitment of time, which contributes positively to my impression of the platform. Review collected by and hosted on G2.com.

Sometimes the data or templates can be slow to load, and there is some training involved for admin users. Review collected by and hosted on G2.com.