Analyst’s CPM Technology Value Matrix positions Vena CPM platform highest ranking leader for greater usability
For the 11th consecutive year, Vena has been recognized as an industry leader in the Nucleus Research Corporate Performance Management (CPM) Value Matrix. Vena was positioned highest in the leader quadrant for Greater Usability, one of the key factors evaluated in the matrix.
The Nucleus Research CPM Technology Value Matrix represents a market assessment based on the value vendors deliver to end users through the functionality and ease of use of their solutions. The Matrix serves as a snapshot of the CPM technology market, rather than present an empirical vendor ranking.
The categories prioritized in this assessment include widespread user acceptance, adaptable modeling and analytical and audit functionalities. Vena Complete Planning empowers finance teams to make decisions based on data, discover valuable insights and stimulate growth throughout their organization.
“Vena continues to enhance its Complete Planning platform with predictive analytics, machine learning and AI-powered insights, helping clients identify, prioritize and confidently adjust the shifts and changes in their operating environments,” said Charles Brennan, Research Analyst at Nucleus Research.
The report recognizes Vena’s unique approach to the CPM market—complete flexibility and complete control in a Complete Planning platform. This includes Vena’s native integration with the best of Microsoft 365, including Microsoft Excel—the preferred language of finance and operations professionals and the window into the Vena application—and Microsoft PowerPoint. With Vena, customers can leverage the familiar interfaces and advanced productivity and collaboration capabilities of the apps they use every day, including AI, to communicate plans, track progress and stay aligned. Vena’s approach fuels business-wide adoption and helps finance and operations teams increase their operational efficiency, business agility and resilience.
"For more than a decade, Vena has repeatedly brought leading-edge features to our Complete Planning solution, empowering users to make data-based decisions, discover valuable insights and achieve operational excellence.”
—Hugh Cumming
Chief Technology Officer, Vena
The Nucleus Research CPM Value Matrix is the latest in a string of recent industry accolades for Vena, including:
- Recognition from the analyst firm Gartner® as a Challenger in the 2023 Magic Quadrant for Financial Planning Software as well as a Visionary in the 2023 Magic Quadrant for Financial Close and Consolidation Solutions.
- Multiple TrustRadius Top Rated Awards, including Corporate Performance Management, Budgeting & Forecasting, Financial Close and Cash Flow Management solutions.
- Designation as a Vendor of Merit in the Ventana Research 2023 Buyers Guide for Business Planning.
“This recognition from Nucleus Research shows our ongoing commitment to bringing innovative solutions to market that enable finance and business teams to collaborate for success,” said Hugh Cumming, Chief Technology Officer at Vena. “For more than a decade, Vena has repeatedly brought leading-edge features to our Complete Planning solution, empowering users to make data-based decisions, discover valuable insights and achieve operational excellence.”
For more information and to download the report, click here.
About Vena
Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,600 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com.
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