AI-powered FP&A assistant recognized for exemplifying ingenuity and problem-solving in action
TORONTO, January 15, 2025 – Vena, the only FP&A platform purpose-built to leverage the full power of the Microsoft technology ecosystem, today announced that Vena Copilot for FP&A has been recognized by the Business Intelligence Group (BIG) as a software winner in the 2025 BIG Innovation Awards. Recognizing pioneers across industries since 2011, this prestigious awards program honors the visionaries, products and organizations revolutionizing their field with bold innovation.
“Vena Copilot for FP&A is designed specifically for FP&A professionals and teams, many of whom are facing a talent shortage just as finance is becoming more complex. Vena Copilot can help users save time or even act as a full-fledged Complete Planning AI assistant,” said Hugh Cumming, Chief Technology Officer at Vena. “At Vena, we are redefining what is possible for FP&A, and we’re honored by BIG’s recognition and validation of our approach. We extend our congratulations to all the other winners.”
Up to 75% of an FP&A team's work involves gathering data and managing processes—time-consuming tasks frequently made more difficult due to antiquated technology and version control issues. Powered by Microsoft Azure OpenAI Service and Vena’s category-leading FP&A expertise, Vena Copilot brings state-of-the-art generative AI capabilities to CFOs and FP&A teams across industries. It enables users to engage directly with their financial data through natural language prompts, helping to boost their productivity, operational efficiency and business agility as a result.
With Vena Copilot, teams can redirect their time to strategic initiatives and growth opportunities, while robust enterprise-grade security, compliance and role-based access controls safeguard sensitive financial information. Early adopters, such as the Association for Institutional Research (AIR), have completed technical setup processes in as little as 30 minutes.
“Vena Copilot is an easy way to get quick, reliable data from your financial system without having to scroll through reports or open documents. It learns very quickly how you ask questions and has the ability to provide you with analysis. It's a one-stop shop for quick financial information,” said Charles McCumber, Director of Finance at AIR.
BIG recognized Vena Copilot as a Transformative Product in the Software category. The 2025 BIG Innovation Awards represent the pinnacle of achievement in innovation. Judges, comprising seasoned business leaders and executives, evaluated submissions on creativity, impact and measurable results.
“We are thrilled to celebrate Vena Copilot for FP&A’s success in earning the 2025 BIG Innovation Award,“ said Russ Fordyce, CEO and founder of the Business Intelligence Group. “Their dedication to innovation and leadership sets a standard for excellence.”
This accolade comes soon after ISG Research recognized Vena as a Provider of Assurance in its Buyers Guides for Business Planning, Financial Planning, Revenue Planning and Workforce Planning. Other industry honors include being recognized for 11 consecutive years as a CPM industry leader by Nucleus Research, five Top Rated awards from TrustRadius, leadership recognition in IDC MarketScape's 2024 report and being honored with the TrustRadius Tech Cares Award for the fifth consecutive year.
About Vena
Vena is the only Complete Planning platform purpose-built to harness the full power of the Microsoft technology ecosystem for FP&A teams and their collaborators. Vena amplifies Microsoft's world-leading productivity tools, cloud technology and AI innovation to make FP&A, operational planning and adjacent strategic processes more flexible, efficient and intelligent. Thousands of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com.
About Business Intelligence Group www.bintelligence.com
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and rewards those companies whose achievements stand above those of their peers.
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