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Vena

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Company health

Employee growth
5% decrease in the last year
Web traffic
6% increase in the last quarter
Financing
January 2021 - $273M

Ratings

Glassdoor
4.2/5
(318)

Vena description

Vena is a cloud-based financial planning and analysis (FP&A) software designed to help mid-sized to large businesses manage their budgeting, forecasting, and reporting processes. Built to be intuitive, Vena has a familiar Microsoft Excel interface while offering more advanced features like a centralized database, automated workflows, and data integrations. This means teams can work with data from different sources in one place, reducing errors and improving accuracy. Vena also offers pre-built templates and industry-specific solutions for easier implementation.


Who is Vena best for

Vena empowers finance teams in mid-sized to large businesses to enhance their financial planning and analysis. Its Excel-like interface simplifies complex tasks like budgeting, forecasting, and reporting, while advanced features like centralized data management and automated workflows improve accuracy and efficiency. Users praise Vena's ease of use and seamless Microsoft 365 integration, but some note the initial setup can be time-consuming.

  • Best fit for mid-sized to large businesses needing robust FP&A.

  • Ideal for finance-heavy sectors like banking, retail, and healthcare.


Vena features

Type in the name of the feature or in your own words tell us what you need
Supported

Vena offers pre-built and customizable workflows to automate tasks and processes.

Supported

Vena centralizes data, creating a single source of truth, improving accuracy and accessibility.

Supported

Vena supports budgeting, forecasting, and financial planning, including what-if analysis.

Supported

Vena offers a native Excel interface, reducing the learning curve.

Supported

Vena combines data from various sources, including data warehouses and lakes.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Rather positive
+0.56

Customer Service

Rather positive
+0.65

Ease of Use

Strongly positive
+0.91

Reliability and Performance

Rather positive
+0.61

Ease of Implementation

Rather positive
+0.43

Scalability

Rather positive
+0.56

Vena reviews

We've summarised 390 Vena reviews (Vena Software Advice reviews, Vena Capterra reviews and Vena G2 reviews) and summarised the main points below.

Pros of Vena
  • It is easy to use as it seamlessly integrates with Microsoft Excel, allowing users to work in a familiar environment while benefiting from advanced financial planning and analysis tools.
  • Vena's integration with Microsoft 365 has been a game-changer.
  • Vena was easy to integrate between products and to customize with our different brands.
  • Its user-friendly interface makes complex financial modeling and budgeting more accessible.
Cons of Vena
  • The initial setup of complex workflows and integrations can take some time, especially for large organizations.
  • There may be a little room for improvement on the mobile dashboard.
  • The pricing could be looked upon.
  • Some functions with cash flow model are hard to master, it needs detailed and highly specific knowledge in IT to manage efficiently this product.

Vena pricing

The commentary is based on 36 reviews from Vena Capterra reviews and Vena G2 reviews.

Vena offers powerful financial planning and analysis capabilities but carries a premium price. Some users consider the cost high, especially for smaller businesses or compared to alternatives. However, many believe Vena's functionality and time-saving benefits justify the expense.

Users sentiment

Rather positive
+0.56

See the Vena pricing page.


Vena alternatives

  • Logo of Datarails
    Datarails
    Better customer support and easier to use. Has grown its employee base more aggressively.
    Read more
  • Logo of Drivetrain
    vena vs Drivetrain
    Better for SaaS and subscription businesses. Has AI-powered features for easier financial planning adjustments. Growing faster than Vena. Drivetrain is a strong Vena competitor and alternative.
    Read more
  • Logo of OneStream
    OneStream
    Better for larger enterprises with complex financial operations. Has stronger momentum based on employee growth. Users highlight streamlined processes, robust reporting, and excellent customer support. Steeper learning curve and less intuitive Excel integration are noted drawbacks. OneStream is a strong Vena competitor and alternative for larger organizations.
    Read more
  • Logo of Board
    Board
    Better for enterprise planning and business intelligence. A Vena competitor and alternative, Board has broader industry coverage.
    Read more
  • Logo of BlackLine Invoice-to-Cash
    BlackLine Invoice-to-Cash
    More focused on automating invoice and payment management. Has grown faster in terms of website traffic and employee base but has lower ratings.
    Read more
  • Logo of Oracle Cloud
    Oracle Cloud
    Better for organizations with complex IT infrastructures, especially those reliant on Oracle technologies. Wider range of cloud computing services beyond financial planning and analysis. Has more momentum in terms of website traffic and employee growth. More suitable for larger enterprises.
    Read more

Vena FAQ

  • What is Vena and what does Vena do?

    Vena is a cloud-based FP&A software with a familiar Excel interface, simplifying financial planning, budgeting, and reporting for medium to large businesses. It offers a centralized database, automated workflows, and integrations, improving accuracy and collaboration.

  • How does Vena integrate with other tools?

    Vena integrates with various data sources, including data warehouses and lakes, to centralize financial information. Its native Excel interface allows users to leverage existing spreadsheets and formulas, streamlining the integration process. This facilitates a single source of truth for financial planning and analysis.

  • What the main competitors of Vena?

    Vena's top competitors include Jirav, Vareto, and Drivetrain, all offering FP&A solutions. Salesforce Sales Cloud and ActiveCampaign provide alternative approaches to sales and marketing automation, while Varicent focuses on sales performance management. Each offers varying features and caters to different business needs.

  • Is Vena legit?

    Vena is a legitimate cloud-based FP&A software. User reviews praise its intuitive Excel interface and robust features. While some users mention a complex initial setup, its positive ratings on G2, Capterra, and Glassdoor suggest Vena is safe and effective for financial planning.

  • How much does Vena cost?

    Vena does not publicly disclose pricing information. Contact Vena's sales team directly to obtain product pricing details and determine if Vena is worth the investment for your needs.

  • Is Vena customer service good?

    Vena's customer service receives positive feedback. Users highlight the helpfulness and responsiveness of the support team, particularly during implementation and for resolving technical issues. While some users mention a learning curve with the software, the readily available customer support helps mitigate this challenge.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.