Vena’s latest release further elevates FP&A teams and the strategic office of finance with pre-configured AI-powered dashboards in Vena Insights, native Excel integration for ad hoc analysis and collaboration enhancements in Vena for Microsoft PowerPoint
Toronto, ON – Nov. 14, 2024 – Vena, the only Complete Planning platform purpose-built to harness the full power of Microsoft 365, today announced its Fall 2024 product release, featuring enhanced integrations with Microsoft productivity and analytics tools tailored to meet the needs of modern FP&A teams. This update brings significant improvements to user experience and productivity. Vena Insights now offers faster and easier access to AI-powered data visualizations. A seamless, native integration with Excel enables more advanced ad hoc analysis and reporting by leveraging Vena data and Excel AI-powered analytics. New collaboration features in Vena for Microsoft PowerPoint further enhance workflow and collaboration.
Key features of Vena’s Fall 2024 product release include:
- Fast setup and enhanced collaboration capabilities with Vena for Microsoft PowerPoint, now generally available: Vena for Microsoft PowerPoint now provides an even better integration with Microsoft 365, allowing users to create and refine presentations with ease. With recent enhancements, multiple users can align on real-time insights and collaborate on building powerful data-driven narratives directly within Microsoft PowerPoint, making it easier than ever to work together on creating, perfecting and delivering impactful financial presentations in minutes.
- Accelerated insights with Enhanced Self Service Capabilities in Vena Insights (open beta): With Vena Insights, powered by Microsoft’s AI and machine learning capabilities through Power BI embedded in Vena, FP&A teams can now access preconfigured dashboards and guided setup tools for creating custom dashboards in just a few clicks. This streamlined experience makes it even easier for users to analyze data and generate actionable insights in real time, further accelerating decision-making with AI-powered visualizations designed to support strategic planning across the organization.
- Vena Ad Hoc Report now integrated natively with Excel (open beta): Vena Ad Hoc Report allows FP&A teams to conduct and share ad hoc analysis directly within Excel. Using Vena’s intuitive drag-and-drop features, teams can seamlessly compare Vena with external datasets, create custom reports and gain flexibility in decision making with real-time insights. Vena Ad Hoc Report also integrates with modern Excel analytics tools, such as Analyze Data and Microsoft 365 Copilot, further enhancing users’ ability to quickly uncover insights, whether visualizing data, automating tasks or leveraging AI-driven analysis.
“At Vena, continuous innovation is at the heart of everything we do. Through our strategic partnership with Microsoft, we are providing finance teams with the tools they need to transform their planning processes and drive strategic business outcomes,” said Hugh Cumming, Chief Technology Officer at Vena. “With our latest product release, we’re making it easier than ever for FP&A professionals to access real-time insights, collaborate across their organizations and make better decisions faster.”
Vena’s Fall 2024 product release builds on a year of remarkable achievements. Earlier this year, Vena not only surpassed $100 million USD in annual recurring revenue (ARR), securing its prestigious Centaur status, but also launched Vena Copilot for FP&A, an AI-powered planning assistant that leverages Microsoft Azure’s generative AI technology. The company has also received multiple industry accolades, including being recognized as a CPM industry leader by Nucleus Research for the 11th consecutive year and being named a winner of the prestigious TrustRadius Buyer's Choice Award for Excellence in FP&A Software. Vena’s commitment to innovation, customer success and industry excellence is consistently acknowledged across the sector.
Looking ahead, Vena remains dedicated to delivering transformative value to its customers through continuous innovation and strong partnerships. As the company looks to the future, Excelerate Finance 2025 will focus on taking FP&A beyond boundaries, highlighting the critical role of automation in streamlining workflows, advancing strategic planning and unlocking new efficiencies. The event aims to empower FP&A professionals and the broader finance community to collaborate, share insights and shape the future of finance together.
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.
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