Complete Planning platform excels in usability, customer experience, TCO/ROI and validation categories
TORONTO – August 8, 2024 – Vena, the only Complete Planning platform purpose-built to amplify the power of Microsoft 365, has been named a leader in the Ventana Research Consolidate and Close Management Buyers Guide. This prestigious recognition highlights Vena's standout performance across key metrics, solidifying its position as a top choice for enterprises seeking financial planning solutions.
The findings of the Buyer's Guide are drawn from a comprehensive, research-based analysis of product and customer experience categories that best represent how an enterprise should evaluate software providers. This recognition underscores Vena's leadership position among core competitors and aligns Vena with industry giants, including SAP, Oracle and Board.
"We are honored to be recognized as a leader in financial close and consolidation by Ventana Research," said Hugh Cummings, Chief Technology Officer at Vena. "This validation reaffirms our commitment to providing exceptional usability, customer experience and value to our customers. Our position as a leader among both core competitors and industry giants highlights the strength and strategic value of our solutions."
Vena’s key achievements include:
- #1 in Usability: Vena excels in usability, a critical evaluation metric that indicates whether the product can be effectively adopted by designated workers within the enterprise. This high ranking is attributed to Vena’s intuitive user experience, integration of AI and machine learning and adaptability to the diverse competencies of an enterprise’s workforce.
- Leader #3 in Customer Experience: Vena has demonstrated a strong commitment to its customers’ needs, earning the third spot in customer experience. This ranking reflects Vena's dedication to communication and support throughout the customer journey.
- Leader #3 in TCO/ROI: Vena's strategic value is evident in its ability to demonstrate low total cost of ownership (TCO) and high return on investment (ROI). This ranking assesses how effectively Vena provides the tools and documentation necessary for customers to evaluate TCO and ROI.
- Leader #3 in Validation: Vena's ability to support customers throughout the lifecycle of using its products has earned it the third spot in validation. This category evaluates Vena's commitment to customer experience, leadership, processes and systems across both front and back-office functions.
"Advances in AI make dedicated consolidation and close software crucial, especially with the growing complexity of accounting standards and tax laws. Consistent processes, continuous improvement mindset and specialized software are essential for maintaining productivity and resilience in finance departments,” said Robert Kugel, Executive Director, Business Research Ventana Research, Now Part of ISG. “Vena’s top rankings in usability, customer experience and TCO/ROI reflect their commitment to delivering a comprehensive and effective planning solution. Their performance across these critical areas demonstrates their ability to support and partner with customers throughout their journey."
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 1,800 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com.
Media Contact:
Jonathan Paul
Vice President, Content Marketing
jpaul@venacorp.com