With Vena, you and your team keep using Excel for all your spreadsheet-intensive finance and accounting business processes while benefiting from the features of an enterprise-class corporate performance management (CPM) solution.
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.
Our fresh approach to CPM connects your Excel spreadsheets, templates, formulas 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.
“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.”
Most enterprise software products today try to replicate the user experience and functionality of Excel for data entry and reporting.
They add web-based access, a central data repository and automated workflows to spreadsheet-like interfaces to create a solution that users will be comfortable with. Unfortunately, people are often slow to adopt an interface that only superficially resembles the one they’ve been using for years.
The result? People revert to Excel to collect, consolidate, analyze and report on data. They perform vital business functions without data validation rules, controls or management approval. The proliferation of uncontrolled spreadsheets can result in duplicate efforts and introduce a range of risks.