Vena is a financial planning and analysis (FP&A) system that empowers companies in different industries to manage operations such as revenue forecasting, planning, budgeting, and more. The software utilizes the power, flexibility, and familiarity of MS Excel to make work simpler for users.
Vena is a cloud-hosted platform that fuses Excel with a central database, advanced modeling and reporting features, highly customizable workflow, and the capability to generate custom reports that assist to identify trends and make informed business decisions. The vendor offers support via email, phone, and online resources like the Vena e-learning platform.
Vena is a cloud-hosted CPM (corporate performance management) application that proffers features for revenue forecasting, budgeting, planning, and more. It is designed for medium and large-sized corporations, and automatically optimizes and inventories existing Excel templates and reports to ease the on-boarding procedure for companies.
Vena permits you to develop custom workflows using a drag-n-drop engine, facilitating the definition, automation, and execution of procedures like budget routing, approvals, and reviews. The centralized repository integrates with an array of source solutions including business intelligence (BI), general ledger (GL), and enterprise resource planning (ERP) applications to ensure the availability of up-to-date information at all times.
This capability empowers you to generate formatted reports without needing coding skills, and export them in PowerPoint, Word, Excel, and PDF formats. You can graphically display KPIs on dashboards, assess historical data, and model future financial outcomes.
Vena’s revenue performance management features assist you to analyze real-time customer care, finance, sales, and marketing data to track customer acquisition costs (CAC), cash flow, and customer lifetime value (CLTV), and improve resource allotment. The financial close management module helps to automate the close process with role-based approval request, report routing, task assignment, and status tracking. In addition, you can also automate intercompany activity reconciliations and currency conversions. Further, the software’s reporting and compliance functions help to simplify DFAST, SEC, SOX, and CCAR reporting.
Vena Solutions has not offered pricing information on its product website. Contact them directly to get the latest pricing details.
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