Vena is a cloud-based, corporate performance management (CPM) solution that leverages native Microsoft Excel and maps existing spreadsheets, models and formulas to a secure database, eliminating the need for manual work and driving the efficiency of finance and accounting processes.
A flexible workflow engine, detailed audit trail and centrally managed business rules add a layer of security to any spreadsheet-based process, providing organizations with a single, unified, quick to deploy solution that combines the comfort of Excel with the features of an enterprise-class solution.
Vena’s process management technology features a “drag-and-drop” process designer that is fully owned by the business user. To create repeatable finance, accounting or operational processes, users input steps, review steps and report steps to the process flow and connect the arrows to define the order of operations, dependencies and completion rules.
Robert from TRINITY WESTERN UNIVERSITY
Employees number: 501-1,000 employees
VENA leadership very supportive of our implementation. Reacted quickly to our concerns
Ease of design and compatibility with Excel. Flexibility in implementation allowed us to try multiple iterations and change items like budget template design mid project.
Some start up bugs - Excel add in had to be added in a few times. Some users experienced unexplained data losses. Compatibility with MACs an issue
Adwin from WCCT Global
Employees number: 201-500 employees
Useful product but hard to use without constant support from their consultants.
Shannon from TC Services
Allows data import, easy to navigate and use, customer support is very helpful.
I'm sure there is something that could be improved, but personally, I cannot think of a single thing!
Give your honest opinion so that others know what they are getting or the company knows what they need to improve on!
Kevin from Pericom Semiconductor
Specialty: Software / Technology
Ease of use and retention of the all familiar Excel.
I look forward to the day Vena has a robust user group.
Don't join any popular product's bandwagon, think very critically about how the tool can take practically take your team to the next level of performance.
Whitney from MasterCorp, Inc.
Employees number: 5,001-10,000 employees
Improved budgeting and ad hoc reporting
The Excel interface is my favorite part about Vena. Everyone within our business is familiar with and comfortable using Excel. Therefore, when we started using Vena for budgets, our contributors did not have to learn a completely new interface. However, Vena offers so much more than just Excel. I love how Vena shows you who made changes to the file and what the previous values in the file were. It helps hold people accountable. It is also very easy to make powerful reports using Vena.
We built a very complicated template which took a long time to open. However, Vena was very helpful in helping us optimize our template and improve the performance drastically.
Tobin from White Castle
I don't have to learn SQL programming languages or wait around for my computer department to do something . I can manage everything myself.
Being a young company, they need more demonstrations, downloaded working files to build users skills.
Trenton from Cumming
The ease of use is a big plus for me. Was able to pick up a majority of the best practices within a couple weeks of use
I realize you are continually trying to enhance the product, but quality has been faulted in the past couple months.
Lori from Biola University
Employees number: 501-1,000 employees
We were able to streamline and centrally collect data for our budgeting process, which save considerable time for the budget administrator and other admin assistants across our university. We created Board-level reporting templates that can be re-used every year to report the results of the budget process with only changes made as necessary for the format of the current reporting year. We collect forecasting information from over 330 departments and compile all the information within one template to estimate the financial outcome for the fiscal year. We have been able to include data in planning of various kinds in ways that we weren't able to by just using Excel, resulting in better planning results. We can create new planning or reporting processes and have the flexibility to save additional data input that isn't part of our ERP data. Overall, we have saved time, improved processes, created one version of the data visible to all involved in the process and created efficiencies by being able to share data across processes.
Flexibility to set up whatever process we are working on the way it needs to be set up for our business requirements. Continual improvements being done on the Vena add-in and browser administration interface. Formatting Excel templates and reports exactly as needed. Ability to pull in data from all data versions for any reporting or template. Ability to save non-financial data to use in reporting or calculations. Ability to control user input as needed to better quality data. Prompt customer service responses. Great implementation team. Administrative control over data visible to individual users. Workflows to show status for process steps and email notifications when a workflow step is ready for input or review. Once learned, allows for creation of new processes to collect or report data.
Having to download each Excel file, but once downloaded, it's easy to select the data we want to see.
Matt from Cenduit
Adaptability with Excel while still being able to use all Excel native functionality. Easy to input variables and run data rich spreadsheets
Setup time on individual templates can be cumbersome. Error messages are not very specific so you spend lots of time contacting the Help Desk.