"Vena Streamlines Financial Reporting and Budgeting but Complex Dashboard Refresh Speed is Slow"

Submitted

5.0
5.0
Overall User Rating

Product(s): Vena Complete Planning Platform

Overall Comment:"Vena has been great to improve our efficiency with financial reporting and budgeting/forecasting. The dashboard built by Vena for us has also been great for our team to see the results at a snapshot while also being able to drill/filter into details. The ability to build and adjust reports in Excel makes it very flexible. Implementation took longer than we expected and required a lot more data cleansing than we anticipated."

Lessons Learned

Description
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What do you like most about the product or service?

Automatically updating financial reports saves a lot of time each month. Budget templates with a workflow that can be directed to specific users have been great. Being able to continue to operate in excel had been a strength as well.

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What do you dislike most about the product or service?

The account reconciliation process isn't quite as functional as some other tools, but as a relatively low cost add-on it gets it done. Learning how the reporting works took a little time but after working on some reports you pick it up. Our primary dashboard refresh time is a bit slow.

Evaluation & Contracting

5.0
Description

Why did you purchase this product or service?

  • Enhance decision making
  • Drive innovation
  • Create internal/operational efficiencies
  • Improve business process outcomes
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What were the key factors that drove your decision?

  • Overall cost
  • Product functionality and performance
  • Strong customer focus
  • Product roadmap and future vision
  • Strong services expertise
  • Breadth of services
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Which other vendors did you consider in your evaluation?

  • OneStream
  • Planful
  • Prophix
  • Datarails
  • Cube

Integration & Deployment

4.0

Service & Support

5.0

Product Capabilities

4.0

Additional Context

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Deployment architecture

Cloud (SaaS or PaaS or IaaS)
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In which country(s) did your deployment take place?

United States