Vena

My overall and remarkable insight with Vena

Opmerkingen: It's a reliable tool for creating and managing financial budgets.
It's reliable with cash flows management.

Pluspunten:

I like how this tool is reliable for financial planning,budgeting and forecasting.It's simple to prepare custom financial reports reports with Vena.This tool is reliable with bank account reconciliation.

Minpunten:

I lack anything that I can complain since this tool meets all my needs and expectations.

Vena is the perfect financial reporting and budgeting software

Opmerkingen: Vena has allowed us to have more complex, customized reporting. We can easily set permissions and restrictions to provide appropriate access to users across the entire company. Overall, our experience with Vena has been great and excited to continue to develop the additional features that Vena offers.

Pluspunten:

There is a lot to like about Vena. We have created several customized reports for our organization and plan to use Vena for our monthly variance analysis and annual budget process. The ability to create dynamic reports and manage our budgets/forecasts in one system while allowing end-user comments will save our team a ton of time and effort. The software is powerful, and the implementation team has been able to come up with solutions to all of our requests. The end-user interface is intuitive and easy to use, even for those users who don't typically work with excel.

Minpunten:

The reports and templates can take up to 1-2 minutes to open, which can be frustrating when you want to pull a number or send a report quickly. The GL data load also takes 20-25 minutes to refresh. So if we post entries to our GL and want to capture them in our Vena reports, we have to manually kick off a refresh and wait 25 minutes to run the new reports. Just a couple of minor inconveniences for an overall great product.

Vena Solutions

Opmerkingen: The biggest improvement i have noticed is efficiency

Pluspunten:

it's ability to consolidate data and create comparisons over historical periods.

Minpunten:

Automatically updating information to reflect re-time postings in accounts- without conflict with other reports being run

Recommendation from an early Vena adopter

Opmerkingen: 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.

Pluspunten:

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.

Minpunten:

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.

Vena - returning customer

Pluspunten:

- Flexibility of the tool to build your own universe of workflows and reports- Excel-based- Sense of community created by the Vena marketing team

Minpunten:

- Rocky integration with our accounting system (needed external help)