Unlike other solutions that take one of two extreme approaches to corporate performance management, Vena combines the best of both worlds in a single solution.
Vena doesn’t make you choose between a rigid, packaged application and an uncontrolled spreadsheet environment to perform the finance and accounting business processes that drive your organization’s success. Vena’s fresh approach to FP&A connects your Excel spreadsheets, templates and models to a central database governed by a sophisticated workflow engine and business rules. As a result, you continue to benefit from the flexibility and unmatched computing power of Excel, while resting assured that your data is secure, accessible and up-to-date.
Created to make businesses work smarter, Vena uses a surprisingly convenient approach to simplify complex business processes. We’ve turned Excel into a truly enterprise-class business and finance solution.
that have enterprise solutions…supplement it with spreadsheets.
↑ Accurate forecasts
↑ Detailed analysis
↑ Confidence in numbers
↓ Reporting errors
↓ Budget preparation time
↓ Manual report generation
↑ Data accuracy, integrity
↑ Version control
↑ Visibility into close process
↓ Manual edits and review time
↓ Cost to close books
↓ Month-end close time
↑ Direct cost savings
↑ Data security and accuracy
↑ Time to drive company decisions
↓ Data discrepancies
↓ Manual data collection
↓ Cycle times
↑ Budget transparency
↑ Data visibility at a granular level
↑ Collaboration and analysis
↓ Budget cycle time
↓ Manual data consolidation
↓ Errors and version control issues
SOLUTION FEATURES & BENEFITS
a central database, source system integration and validation rules to ensure accurate data.
complete user security and audit functionality to ensure your data is secure and users are accountable.
Intuitive workflow features to make the process streamlined for faster cycle times.
With our analytical database, Excel integration plus dashboard reports – Vena provides lots of ways to effectively report, model and analyze your data.
“If I were to develop BPM software today, this is exactly how I would build it.”
Chief Executive Officer, BPM Partners
“The understanding of the variances from budget expectations and/or last month’s expectations is now a relatively easy exercise, saving us time and thus saving us money.”
“We chose Vena because the Excel templates made it look like the budget we were working with. We were able to use syntax we were familiar with for formulas and achieve the desired results. We knew any product was going to be a challenge but Vena was the appropriate choice for us.”
“They have superior database capacity due to the power of the cloud. Usability and user adoption is quick and immediate due to the direct integration with Excel and ease of use for end users and Vena administrators.”
“Vena is a fraction of the cost of SAP’s flagship product BPC (Business Planning & Consolidation). There are actually a lot of similarities between the two platforms, but I believe that Vena has really delivered a superior product overall.”