Vena makes your old spreadsheets smart!
June 04, 2024

Vena makes your old spreadsheets smart!

Richard Sweeting | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Vena

We're using Vena for Marketing, Operations and Sales departments to address the problem we had of multiple spreadsheets often with overlapping data being used to track spends in different areas. Lacking a proper 'source of truth' for our data made reporting unreliable and budgeting and planning a lengthy, difficult process.

Pros

  • Integrated workflows into sheets
  • User control and security
  • Intuitive to use for anyone familiar with Excel/Sheets

Cons

  • The User Interface is kind of dated
  • There is still a burden on the user to have some technical skills (not truly no code)
  • Multiple dashboards and screens to access similar data
  • We are still early in our Vena journey but we have already discovered opportunities to save $1000s per year thanks to spotting technology redundancy.
We have had regular check-ons from support however the implementation was fairly smooth and we have an in-house technical team that troubleshooted the few difficulties we had.
Vena has enabled us to cut the waste in our tech stack by consolidating all of our tech stack spends into one space. This led to us ending one contract immediately and making better use of other solutions to derive mosre business value at the same cost.

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 is a great solution if you are looking to consolidate multiple spreadsheets and other planning documents into one. If your organisation is growing so it's no longer sustainable to update everything manually.
It would be less suited to a larger enterprise where the scope and amount of data would benefit from having a specialized tool for each department.

Vena Feature Ratings

8.0
Long-term financial planning
8
Financial budgeting
9
Forecasting
8
Scenario modeling
6
Management reporting
9
8.3
Financial data consolidation
10
Journal entries and reports
8
Multi-currency management
7
Intercompany Eliminations
9
Minority Ownership
8
Local and consolidated reporting
9
Detailed Audit Trails
7
7.6
Financial Statement Reporting
7
Management Reporting
7
Excel-based Reporting
9
Automated board and financial reporting
8
XBRL support for regulatory filing
7
7.7
Personalized dashboards
9
Color-coded scorecards
9
KPIs
6
Cost and profitability analysis
8
Key Performance Indicator setting
7
Benchmarking with external data
7
8.3
Flat file integration
7
Excel data integration
10
Direct links to 3rd-party data sources
8
6.7
Pixel Perfect reports
5
Customizable dashboards
8
Report Formatting Templates
7
7.5
Drill-down analysis
8
Formatting capabilities
8
Integration with R or other statistical packages
5
Report sharing and collaboration
9
7.8
Publish to Web
6
Publish to PDF
9
Report Versioning
8
Report Delivery Scheduling
8
5.8
Pre-built visualization formats (heatmaps, scatter plots etc.)
7
Location Analytics / Geographic Visualization
6
Predictive Analytics
5
Pattern Recognition and Data Mining
5
8.2
Multi-User Support (named login)
9
Role-Based Security Model
8
Multiple Access Permission Levels (Create, Read, Delete)
8
Report-Level Access Control
8
Single Sign-On (SSO)
8
5.5
Responsive Design for Web Access
6
Dashboard / Report / Visualization Interactivity on Mobile
5

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