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

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Vena Pricing

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Value for money rating

4.5

/5

102

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What users say

In general, Vena is a good fit for businesses that value Excel familiarity, need sophisticated financial modelling tools, and are prepared to spend money on a full-featured FP&A solution.
A game-changing,professional and superb Financial Planning and Budgeting Tool.

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Reviewers who mentioned pricing said:

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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...

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.

VJ
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Vipin J.

Chemicals, 51-200 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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An incretabulous and unrivalled Financial Planning,Budgeting and Analysis Tool.

Reviewed a year ago
Pros

It's is simple to plan accurate financial budgets and forecasts using Vena.It is useful tool that streamlines all accounting and bookkeeping activities.It is useful as it helps to generate custom financial reports.It is possible to carry out financial analysis using Vena.

Cons

Small business organization might find it challenging to purchase Vena because it's pricing is relatively high compared to it's alternatives.

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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.

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.

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 10 months 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.

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.

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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.

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Ankit N.

Mechanical or Industrial Engineering, 501-1,000 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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A Strong tool that can help to create the best reports in an organization

Reviewed a year ago

After we installed Vena in our organization the broad data management of the whole organization got completed a lot faster than before and it has lots of collaborating tools that even make it more time-saving and high potential software which gives great returns to our company.

Pros

Vena is a cloud-based platform that helps our business to track all their budgets, plans, and financial data in a single platform. The best part of Vena is that it can easily be integrated with MS Excel and even a user who doesn't have much information about Excel can work on it with huge data. It also helps to understand the overall performance of our organization and understand the market trends.

Cons

The worst part of working in Vena is its interface which is a little different to learn initially and getting used to its complex user interface takes a little time also the price of the software is on the higher side when it is compared to some other FP&A software available in the market.

TG
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Ta G.

Financial Services, 11-50 employees

Used daily for less than 6 months

Review source

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

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Great Product at a reasonable price

Reviewed a year ago

Beyond the finance and accounting departments, other teams, such as operations and sales, also benefit from Vena Solutions. They leverage the platform to access financial data, track performance against budgets, and align their activities with the overall financial goals of the organization. This cross-departmental usage fosters collaboration, transparency, and accountability throughout the organization.

Pros

Vena Solutions is being utilized across our entire organization, spanning multiple departments. Its primary application is within our finance and accounting departments, where it serves as a comprehensive financial planning and analysis (FP&A) software. Vena Solutions enables our teams to streamline various financial processes, including budgeting, forecasting, financial reporting, and consolidation....

Cons

Hard to teach others how to use this product

AK
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Aditya K.

Chemicals, 51-200 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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Masterful and powerful Financial Planning,Budgeting and Forecasting Solution.

Reviewed a year ago
Pros

It automates complex business processes like financial budgeting and forecasting thus saving time.It helps to automate and eliminate tedious tasks.It is simple to carry out accounting and bookkeeping activities with Vena.It is simple to prepare financial statements with Vena.It is simple plan and manage cash flows with Vena.

Cons

Vena is an expensive financial planning and budgeting solution and I do suggest that it's pricing tiers should be lowered to attract more business prospects.

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Felicia B.

Consumer Services, 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 recommend9/10

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Outstanding sales performance reporting product

Reviewed a year ago

The financial reporting based on data analytics has helped us to set achievable objectives. Team collaboration has been enhanced which helps teams to focus on potential business gains and avoid bottlenecks. The recorded growth has indicated that Vena is the most efficient business planning tools that accelerate achievement of set goals.

Pros

Vena provides best budgeting tools that helps each department to set realistic goals on projects. It tracks performance of sales and marketing programs from the company websites. It helps us to focus on more productive business programs and manage resources effectively. The planning system has mitigated risks with real-time insights.

Cons

This tool has simplified key business programs and I totally like it. I have not observed low key indicators from the overall performance.

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Adriana A.

Construction, 201-500 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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The Vena Project Cost Estimate and Budgeting Functions are Nice.

Reviewed a year ago

Vena calculations are accurate and the financial data report building is excellent and the permission management capability is impressive and i also like the compliance easy management functions.

Pros

This platform is a true financial data management software and its Accountability is productive. Resource planning and the Construction projects expense management and the Equipment management and also payroll management capability is helpful on business production.

Cons

The Vena features are very simple to set and even to non technical users is easy to start Vena manipulation through basic experience.

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Smith D.

Construction, 5,001-10,000 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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Vena is the Effective and Reliable Auditing and Accounting Easy Tools.

Reviewed a year ago

Suitable to create accurate and professional real time data analytics and the access control features are quite profitable.

Pros

I really like how Vena reports on various project financial data and the tools for workflow management and easy to manage multiple transactions data securely. The easy insights obtaining and sharing financial reports across teams is amazing.

Cons

Highly effective cost management and resource management tool and no error at all from Vena functions and capabilities.

IM
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Isabel M.

Information Technology and 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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Very professional financial forecasting and hypothesis.

Reviewed a year ago

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.

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Ellie W.

Construction, 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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Vena is an Effective and Powerful Access Control System.

Reviewed a year ago

Flexible expense management and very cost effective compliance management platform with a very friendly interface.

Pros

Easy to manage Accounts and the Construction project workflow management through Vena is amazing and the ability to integrate financial data and multiple project document management is quite excellent and effective.

Cons

Highly functional platform for financial data handling and it's very easy to custom all the functionalities and quality of services is good.

AK
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Andrew K.

Renewables & Environment, 51-200 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 Must Have Accounting Software - Very Affordable and Effective

Reviewed a year ago

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

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Hannah T.

Construction, 1,001-5,000 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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Great Accounting and Effective Reconciliation Platform.

Reviewed a year ago

Easy tracing different transactions and the Asset allocation and cost estimation functionality on Vena is productive and the financial integration is perfect.

Pros

Vena financial data analytics creation and financial insights collection across other Accounting products is easy and the Construction project expense tracking and payment management Vena is amazing.

Cons

Vena is simple to custom all the features to improve performance and I have zero error that I can recall from Vena.

GP
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Gitesh P.

Information Technology and Services, 201-500 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 FPA

Reviewed a year ago

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.

VK
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Viraj K.

Real Estate, 11-50 employees

Used weekly for less than 6 months

Review source

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

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Try this instead of Excel manual labor

Reviewed a year ago

This is a software we are trying to get on board as a team, though we like the functions/modules I'm concerned about cost for the whole team.

Pros

It's helping me in my asset reporting, budgeting and plan the future expenses.

Cons

To extract data and conversion can be a bit lad better.

ES
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Emmanuel S.

Commercial Real Estate, 201-500 employees

Used monthly for less than 6 months

Review source

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

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Budgeting made easy with Vena

Reviewed a year ago

For someone who didn't have a finance background, Vena helped me a lot in understanding how budgeting and accounting works. Vena helps me in managing my acoounts and keeping track of my budgeting. I highly recommend Vena for anyone dealing with expense management.

Pros

What I love the most about Vena is the smooth and ease-to-use user interface that makes creating and managing budgets simpler.

Cons

What I don't like about Vena is that the paid version seems to be too expensive, and the free version is very limited in options.

RN
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Rohan N.

Information Technology and Services, 201-500 employees

Review source

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

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Best useful planning and insights software

Reviewed a year ago

Integration with Microsoft 365 helped me to scale it also leverage the power of unified data to create actionable insights and include the departments for collaboration of business planning

Pros

Vena software is useful to generate insights and automate your report generation tasks easily does to helpful to provide details and stand out with respect to security and compliance of the company

Cons

There is nothing Pros as such for this software the pricing of some third party Integrations can be reduced