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Flexible, Powerful and Easy-to-Use Excel-based FP&A Software

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Vena Features

Features Summary

Functionality

4.6

/5

102

Total features

108

9 categories

Vena features

"What If" Scenarios
API
Access Controls/Permissions
Accounting
Accounting Integration
Activity Dashboard
Activity Tracking
Ad hoc Query

Common features of Budgeting software

"What If" Scenarios
API
Access Controls/Permissions
Accounting
Activity Dashboard
Ad hoc Reporting
Alerts/Notifications
Asset Lifecycle Management

Screenshots

Contenders comparison

Functionality

4.6

/5

102

Price starts from

ic-pricetag

No pricing info

Total Features

108

Unique features

  • Dashboard Creation

  • Drag & Drop

  • Predictive Analytics

  • Scorecards

Functionality

4.4

/5

20.2K

Price starts from

1922

Per year

Total Features

201

Features in Common

40

Unique features

  • BIM Modeling

  • Order Entry

  • Aging Tracking

  • Visual Assemblies

Functionality

4.7

/5

3K

Price starts from

50

/user

Per month

Total Features

65

Features in Common

25

Unique features

  • Document Templates

  • Employee Management

  • Time Tracking

  • Approval Workflow

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Mosaic logo
VenavsMosaic

Reviewers who mentioned features said:

RN
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Roger N.

Financial Services, 51-200 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Innovative and effective financial administration and accounting solution

Reviewed a year ago

To summarize, by boosting operational efficiency, financial transparency, and informed decision-making, Vena supports the expansion and success of our business.

Pros

I particularly welcome Vena since it offers our business advantages including greater accuracy, better administration of finances, reductions in expenses, streamlined reporting and evaluation, assistance for taxation, scalability, and audit-ready.

Cons

The user manual and tutorials needs to be improved, but so far in our usage, we haven't come across any outages.

VV
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Vikas V.

Real Estate, 51-200 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Vena: Excel Integration Review

Reviewed a year ago

Vena is an effective FP&A tool that provides a wealth of capabilities to speed up financial planning and analysis procedures. Users may get a comfortable interface thanks to its Excel integration, which also offers better control and collaboration possibilities. The software's reporting, workflow automation, and data connectivity features make it a reliable option for businesses wishing to enhance...

Pros

Vena provides a full range of tools for collaboration, reporting, data integration, financial modelling, and budgeting. It offers freedom for model customization in accordance with unique company requirements and handles complex financial scenarios. Vena takes advantage of Microsoft Excel's strength and familiarity to make it simple for users to work with well-known spreadsheets while enhancing control,...

Cons

While Vena's Excel-based interface may be useful for users who are already comfortable with it, it could take some initial getting used to for those who are not as skilled with it. To take full advantage of the software's features, training and support may be required. It could take a lot of work to implement Vena, especially for businesses with intricate financial systems and data architecture. Vena...

sK
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siva K.

Accounting, 501-1,000 employees

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Excel based Performance Management Tool

Reviewed 6 years ago
Pros

Our Financial Planning and Analysis team picked Vena from many other tools. The reason for zeroing on this tool, is, it is an excel based tool. We have been doing all this work in excel since years. We have standardized the process and have fixed excel templates. However excel has certain limitations like version control, access control, audit trail etc. With Vena we overcame the limitations of...

Cons

There is a learning curve like any other tool. There is no drag and drop from a selection of columns, fields etc. However once you learn the tool, reporting becomes easier.

NN
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Nishwa N.

Construction, 501-1,000 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Very powerful and increases the capability of every finance team

Reviewed a year ago
Pros

The features that were the most impactful for our implementation of Vena was was the automation as well as the audit control capabilities. We are now able to focus more time on value add analysis as opposed to manually putting reports together each time.

Cons

Building custom templates that are complex take a lot of time. There are nuances to build reports that can make the experience frustrating if the report breaks or is mapped incorrectly.

VB
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Vincent B.

Accounting, 11-50 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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

Reviewed a year ago

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.

JK
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Jennifer K.

Food & Beverages, 1,001-5,000 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Vena Review

Reviewed a year ago
Pros

Vena is extremely scalable which has been very helpful as we have doubled the number of stores we have. Also, we were able to streamline our reporting that use to take several days into just a few hours.

Cons

The templates can be overly complicated if they are not set up well.

AB
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Anubhav B.

Financial Services, 10,001+ employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Organization oriented financial instrument.

Reviewed a year ago

Loved the overall performance. It can positively impact our organization based on its unique features.

Pros

Vena impressed us with its capabilities for ensuring adherence to tax and accounting requirements. It can generate tax reports, figure out taxes owed, and make submitting tax returns easier, lowering the possibility of mistakes and fines. For seamless data flow and process automation, it also connects with other corporate systems including customer relationship management (CRM) software and inventory management systems.

Cons

There were some problems during installation which made us contact the support team.

MH
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Megan H.

Insurance, 201-500 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Vena for Finance Department

Reviewed a year ago
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.

PO
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Philip O.

Accounting, 11-50 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Exceptional and stunning Budgeting Tool.

Reviewed a year ago
Pros

It's a reliable tool for financial planning and analysis that performs excellently.It is simple to plan,track and manage cash flows with Vena.It is simple to prepare financial reports using this tool.It is convenient tool when used for financial budgeting and forecasting.

Cons

My experience with Vena has been outstanding and satisfactory thus I lack any drawback to highlight.

MR
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Mahamood R.

Real Estate, 51-200 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Vena - Reporting Genie

Reviewed a year ago

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.

DC
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Daniel C.

Financial Services, 10,001+ employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Absolutely brilliant business oriented accounting software

Reviewed a year ago

Got to try it once, I truly recommend this to all CPA's and accounting firms

Pros

I respect the accuracy and speed with which Vena records transactions / accounting entries and generates spectacular financial report and balance sheet, is simply amazing.

Cons

Some ledger accounts take a lot of time to pass on entries to final accounts

GB
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Glen B.

Real Estate, 51-200 employees

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Vena is Great!

Reviewed a year ago

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.

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Verified reviewer

Building Materials, 501-1,000 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Robust and Comprehensive FP&A Software, would recommend

Reviewed a year ago

very good experience so far and will likely improve as i become more accustomed to the software.

Pros

It is very easy to create any type of report you like in a very logical way and is flexible to changes in data which are easily implemented and understandable for non-tech users

Cons

initial implementation was time-consuming and took many hours to setup hierarchy and validate data

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Gerald W.

Computer Software, 51-200 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Accounts and resource management application

Reviewed a year ago

This is the most suitable tool that I can recommend to other business enterprises for budgeting and planning. It is fast and more convenient in data conversion as compared to other platforms.

Pros

It is easy to integrate with other applications in the organization. Vena can be customized to suit business budgeting demands.

Cons

The cost of deployment and setup is high.

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Andrews L.

Telecommunications, 501-1,000 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Come an intelligent solution for your company and making reports and dashboards

Reviewed 2 years ago

What fascinates us most about this instrument is that Vena allows us to complete checklists/end-of-month checks. Each of the to-do's can be easily found on a single board/screen.

Pros

What fascinates us most about this instrument is that Vena allows us to complete checklists/end-of-month checks. Each of the to-do's can be easily found on a single board/screen.

Cons

Since we have used this product, we have not found a single flaw because the product we use is unique to our organization. As monthly reports now have the ability to provide department managers within a minute of the books closing

RW
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Rushikesh W.

Chemicals, 1,001-5,000 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Top Accounting Software Solution

Reviewed a year ago
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.

RN
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Rohit N.

Information Technology and Services, 501-1,000 employees

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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

Reviewed a year ago

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.

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Rishi G.

Marketing and Advertising, self-employed

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Best Financial Tool!

Reviewed a year ago

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.

PG
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Prerana G.

Computer & Network Security, 201-500 employees

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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Vena

Reviewed a year ago

Over the experience was really good, would like to appreciate it. As I already mentioned value for money software which especially supports excel.

Pros

A value-for-money app helps you build any report and share information easily. User-friendly and easy to use, just setup and use.The most highlighting part was the training and webinar which made things easy to learn and implement.

Cons

There are a few things that I wanted to highlight:- Poor Support- Interface/Design can be better.- Some time it works slow.

RM
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Rifa M.

Accounting, 5,001-10,000 employees

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Vena

Reviewed a year ago

Overall, it's a good planning software as it provides a wide array of planning features including budgeting, variance analysis, and financial reporting.

Pros

Vena has a user-friendly interface which makes it easy even for non-technical users to navigate and utilize its features. It enables team collaboration and allows multiple users to work on a planning process simultaneously.

Cons

Vena's pricing structure might be a potential drawback for small businesses.

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Verified reviewer

Computer Software, 501-1,000 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

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Coming full circle - back to excel?

Reviewed 2 years ago

I have used a handful of popular systems in my 10-year career. When I first heard of Excel focused planning tools I was at first excited. How can a system that solves for the very tool that all of finance uses go wrong? In the beginning, FPA wanted to get out of Excel and have one version of the truth. Then the industry pivoted back to Excel with a bunch of intermixed features between Excel and cloud...

Pros

Honestly, if you have used other planning software, I can not really say there is much.

Cons

• No web interface that shows your financials. All financials must be displayed through reports that you build through Excel. Yes, you can pull intersection data and get a dump, but that is cumbersome. • Loading headcount takes up to an hour to load since it needs to be customized. • Mapping a report takes too long. You must map not just columns and rows, but the “page”, or global like dimensions....

TG
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Todd G.

Construction, 201-500 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Recommendation from an early Vena adopter

Reviewed a year ago

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.

LL
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Lori L.

Higher Education, 501-1,000 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Vena provides flexibility to set up budgets, reports and other processes as flexibly as we need.

Reviewed 7 years ago

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...

Pros

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...

Cons

Having to download each Excel file, but once downloaded, it's easy to select the data we want to see.

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Nelson F.

Information Technology and Services, 5,001-10,000 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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This is a professional and dynamic tool

Reviewed a year ago

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.

RR
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Rahul R.

Information Technology and Services, 10,001+ employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Best Accounting Software

Reviewed a year ago

After using the Vena Software now I can say it's the best accounting software where we can reconcile ending balances. Now we can easily identify discrepancies or time differences between the bank statement and financial records. With a centralized database, we can easily collect all the data from different departments and generate a collective report about company progress. That's why I totally recommended this software to all my corporate friends.

Pros

After using the Vena software now I can say that now I can take up my financial decision more effectively. with the help of this software, we can generate a report through with we get better financial insights. Now we can do data aggregation department-wise. With Vena Software my focus is financial planning or analysis through its various features like bank reconciliation, General ledger, and many more. It's very user-friendly with an interactive dashboard and collaboration management.

Cons

Nothing, I like each and every feature of Vena Accounting software offers features such as data consolidation, workflow automation, scenario modeling, and interactive dashboards which help me in taking the future decision after keeping in mind the current situation of our company. We can now collaborate with our stakeholders to access and review different scenarios.