Nucleus recognizes Vena as an industry Leader for sixth straight year in 2019 Corporate Performance Management (CPM) Technology Value Matrix
February 28, 2019 (Toronto, ON) – Vena Solutions, the fastest growing provider of cloud-based financial planning and analysis (FP&A) software, is proud to announce that Nucleus Research has named it a Leader for the sixth year in a row in its 2019 Corporate Performance Management (CPM) Technology Value Matrix. Evaluated on usability and functionality, Vena was ranked highest on ease-of-use – beating out niche vendors such as Adaptive Insights and Host Analytics, and global giants such as Oracle and IBM.
“Vena Solutions is a formidable player in the CPM market and an undisputed leader in product usability,” said Andrew MacMillen, Analyst at Nucleus Research. “The company has swiftly worked its way up the Leader quadrant largely due to its focus on ease-of-use – embracing, not replacing Excel – that is unmatched by its competitors. Customers consistently report rapid user adoption and Vena’s ability to accommodate the full spectrum of their FP&A requirements, as reasons for its consistent leadership in customer satisfaction.”
“I’m extremely proud to see Vena move up its position as a Leader year over year, especially as we outpace industry veterans who have enjoyed a one to two decade head start over Vena,” said Don Mal, CEO at Vena Solutions. “Vena has always placed product usability and customer satisfaction as key priorities, and our advanced position in the Nucleus report is the latest testament to this fact.”
Additional drivers behind Vena's market leader ranking include its:
- Broad Functionality and Applications – across and beyond the finance function, including budgeting, planning, revenue forecasting, financial close management, reporting and regulatory disclosure;
- Enterprise-class Platform – combining its renowned Excel interface with a centralized database, sophisticated workflow, powerful reporting and advanced analytics for the full spectrum of customers’ FP&A needs;
- Powerful Integrations – including streamlined Power BI integrations,in addition to integrating with NetSuite, Intacct, Salesforce, FinancialForce and hundreds of enterprise applications;
- Ad Hoc Analysis – enabling customers to explore company-wide data, get new insights and report on them in seconds, all tapping into powerful data analytics within the comfort and flexibility of Excel.
For more details on the Nucleus Research 2019 Technology Value Matrix for CPM, please visit https://content.venasolutions.com/cfo-playbook/nucleus-cpm-technology-value-matrix-2019.
For more information about Vena Solutions, visit:
About Vena Solutions
Vena Solutions redefines how medium and large-sized companies manage their budgeting, forecasting and business planning. Vena provides finance and management teams a financial planning and analysis (FP&A) cloud that combines Excel with a centralized database, sophisticated workflow, powerful reporting and advanced analytics. Over 500 of the world’s best companies use Vena to get trusted insights that drive faster, smarter business decisions. Vena is one of the fastest growing companies in its sector and the recognized leader in customer satisfaction and product usability. Visit us at www.venasolutions.com.
Noor Manji | Vena Solutions