Financial Close Management

Close faster, with more confidence in the data and control over the process.

Cut period-end accounting by days and improve data integrity at the same time.

With Vena, you can accelerate, automate and track the entire close process—and keep using Excel. That means less manual data entry, better accuracy and more time for value-added analysis.

Vena - Financial Close Management excel dashboard

Automate your workflow, eliminate bottlenecks and track every change.

With Vena’s powerful workflow engine, you can design a process once, assign tasks to users, and repeat every period.

Avoid delays with role-based routing that automatically sends updates, approval requests and reports to those who need them.

You can view the status of any user or close task at any time, with a complete audit trail for total transparency.

Centralize your data into a single source of the truth.

All of your data is stored in a secure database and updated in real time, reducing the need for manual data entry by up to 75%.

And because you can integrate Vena with any ERP or G/L system, users won’t need to work across multiple platforms or risk keying errors.

You’ll improve the accuracy and integrity of your data and eliminate issues with version control.

Centralize your data into a single source of the truth.

Simplify even the most complex consolidation processes.

With Vena, you can automate currency conversion and reconciliations for intercompany activities, easily calculate minority interest, and instantly post entries to the proper location in your entity structure.

You can even generate and post last-minute journal entries on the fly, without having to go back to the source system and reload adjusted data.

Deliver accurate reports with stunning visuals in a fraction of the time.

Vena gives you the power to create dynamic financial, management and statutory reports that update automatically with the latest data.

Users can drill down all the way to transaction-level detail for in-depth analysis.

Empower management with self-serve access to real-time KPIs with custom dashboards they can build on their own.

Start with what you have instead of starting over.

Instead of replacing your processes, spreadsheets and workflows, Vena optimizes and automates them.

Your team can continue using the familiar environment they know, but with more control, security and transparency than ever before.

This minimizes training costs and disruptions while skyrocketing adoption rates.

Browse our other products and platform capabilities

“Vena allows you to pull in general ledger data into Excel. This has allowed us to automate many of our spreadsheets and speed up the closing process.”

Michelle Canada
SEC Reporting Manager
Tanger Factory Outlet Centers Inc.

“We have been extremely satisfied with the Vena Solutions product and have been able to become more efficient in our budgeting, forecasting and salary planning processes, as well as adding functionality and accuracy that was not possible in the past.”

Lori Lambert
Business Systems Manager
Biola University

“We shortened the month-end close time by about 50%”

Teymur Mammadov
Assistant VP
Home Trust Company

“We have recognized a huge savings in the amount of time it takes to close our books and deliver monthly financial reports. Some reports are a whole week sooner, while others are being delivered 2-3 weeks faster prior to Vena.”

Dominic Di Bernardo
Chief Business Intelligence Officer
Cumming Corporation

“We wanted to keep our Excel functionality. That was important to use … We’ve streamlined and cleaned up our processes. Now I have extra days. I can actually spend that time on value-added review of my overall document.”