Board is presented as an enterprise planning platform, offered as a solution to accelerate business performance and enable continuous planning with greater forecast accuracy to drive confident, aligned decisions.
N/A
Vena
Score 8.7 out of 10
Mid-Size Companies (51-1,000 employees)
Vena Solutions provides a financial process automation solution to automate Corporate Performance Management, accounting and budgeting, Regulatory & Compliance, and other finance-related processes. It is scaled for medium to large-sized organizations.
N/A
Pricing
Board
Vena
Editions & Modules
No answers on this topic
Professional
N/A
Complete
N/A
Offerings
Pricing Offerings
Board
Vena
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
Optional
Additional Details
—
The Professional Plan is the most flexible way to get started quickly and can be added onto as a company grows. The plan includes: Vena Platform, Customer Success Manager, Standard Support and Customer Portal.
Complete Plan includes everything in Professional, plus: Vena Insights, Premium Support, Sandbox Environment, and Expert Managed Services.
For a limited time, new customers who use Microsoft Dynamics 365 Business Central (Online) as their primary ERP can get a free year of Vena and 40% off implementation costs.
Vena also offers special pricing for not for profit organizations. To learn more, speak to an expert.
More Pricing Information
Community Pulse
Board
Vena
Considered Both Products
Board
Verified User
Anonymous
Chose Board
Business problems that Board addresses are & how Board stacks up against them :Difficulty in managing and tracking multiple projects and tasks at the same timeInefficient communication and coordination among team membersLack of visibility into team performance and …
Board platform giving all the services from the lastest update according to our own business requirement. Even It's pricing model is very lower than other platform. We are getting lots of digital data maintaining, reporting, publishing without any kind of highly training course.
We earlier used Planful, which was also a good product but not as good as Board. The backend reporting and analysis of data are top-notch. The reports generated are quick and accurate. Board also offers to learn to upskill the team so that they can use the tool effectively and …
The features and the haslle free UI where any first time user can understand the esay navigation and achieving their business goal. To be brief, the features are very unique and most promising compared to the other application. Providing custom & tailored solutions of business …
Board has been more complete when compared to Anaplan. Although I didn't participate in the buying decision of any of those products I have used both and by far Board just has more features. It's more than a CPM, it's BI and CPM put together. If I had to make a choice now it …
Board is much much easier to setup than compared to Azure Power BI. Power BI also has a lot of challenges around data refresh with their web interface. While talking to support, we were made aware that for full feature-set, we should use the desktop version. Clearly something …
Board is useful in running all under one platform which is advance analytics, creating workflows and allowing users to create customizable dashboard once and using them for longitudinal tracking of Key performance indicators. It can provide tools and applications required to …
Based on your budget and what your inclination is to brand/service reputation, you can always find a different platform that can do more/better for the same/less cost, based on how you seek to find the metrics you want analyzed. It also depends on how your forecasting and …
We selected Board over similar alternatives for its integrated business intelligence and corporate management capabilities. Furthermore, the ability to generate customized real-time reports, benchmark data, and trends were the primary reasons for implementing Board in our …
We check previous reviews of the product and used a trial run of both products in a trial period. Most of our users voted for Board because of the features so our organization chose Board.
1) One of the main reasons we went for Board is that the consultant we hired was confident that it would be a game-changer in terms of financial analytics. He proved to be right. 2) Board has a great user community, so help is something that is always available even if their …
Board is a non-traditional reporting tool. It uses the latest data sciences advances to organize data. Board’s advanced In-memory Server Cluster architecture allows Board server workloads to be shared on a virtually unlimited number of nodes. This functionality ensures full …
Board has a number of flexible and easy tools which are not complicated to get their full performance concepts. Board interface can be customized by all users, Cloud deployment basics are also very simple to any user, and the data insights collection capability which Board …
The Cloud tools and the easy setting of all the Board functionalities via the Cloud deployment are amazing and easy to train on the Board features performance concepts. Board has straightforward business solutions generation capabilities and its intelligent functions are more …
We can not say that IBM system is not good, it is at par with Board. Selection is based on [the] best bid only. While we have used IBM also in [another] place.
These tools are handled for different purposed across the Product Groups however Board has an edge on the getting the best things upfront rather than becoming the jack of all trades. It has highly specific use cases for better Business Analytics and Decision making.
Board tools are well arranged and very accessible by the user. Board capabilities that enable effective Cloud marketing of various business or products are effective and also its data analytics is the best. Board allows reports creation and easy reports distribution among …
The flexibility of the Board features and the [ease] of customization make everything amazing and the ability to model new data models and also the new business is the greatest capability. Board can manage multiple contents through the Cloud and also export different reports …
Vena also allows for much more dynamic report building and refresh rather than manual updates throughout reports. The user interface is also much easier to understand compared to Oracle, which allows new users to adopt faster and get familiar with Vena. Overall, Vena is …
Vena is much faster than other such software which is available in market. If we talking about pricing $$$ so Vena is affordable to smaller companies also. it's help us quicker integrations with other software and User Interface is much better than other software. Vena gives …
We found Vena to be much more intuitive and easy to leverage with our existing models and templates we've built in Excel already. It allowed our finance and ops teams to get traction and value from the solution much faster than we felt the other CPM solutions we looked at.
Both the softwares have effectively been integrated together to make my job as an analyst easier. This helps in generating accurate data interpretations and led to better results in sales of our products and improved client services and feedback.
I guess they both compliment each other by integration and by both checks I can get the accuracy in result. And growth in sales by finding the key parameters where we need to work.
Business Development Executive and Lead Generation
Chose Vena
Vena Solutions stands out due to its familiar Excel-based interface, making it easy for our team to adopt without extensive training. Compared to alternatives like Anaplan and Oracle Hyperion, Vena's strong customer support and efficient automation have significantly reduced …
Vena stands out from competitors due to its seamless Excel integration, which allows us to leverage a tool we are already familiar with while adding automation, collaboration, and advanced financial planning. Unlike some platforms that require fully new systems, Vena's …
Data Rails is similar to Vena but easier to use and at a lower price. Historically, ERP systems provided much of what we used Vena for. That currently is not the case and these additional subscriptions are necessary. What used to be a simple process that required little …
In comparison to its competitors what has helped Vena stack up against them is its wide range of solutions in specific. Having a curated group of solutions, powered with IT-backed automation, integration with 365 and compliance with the latest trends and legal formulations is …
We did not evaluate any other products. We knew we wanted to embrace, not replace, excel, and Vena is best in class as a CPM tool that leverages Excel as a lens into the database.
Ultimately we decided on Vena because of the Excel interface which we knew would improve adoption. We also like the platform agnostic integration and easy-to-use web interface. The OLAP cube was also appealing to allow for a variety of pivoted reports.
We had quotes from three different companies including Vena. Even with a higher pricing, Vena made the best impression with a powerful software and a solid solution. With another competitor, we would have to engage a bookkeeper to support our consolidation. Vena didnt …
Tableau is by far the best tool I've used. Vena in comparison is very good but it's missing the master data link to SAP, and the ability of data to refresh when the hierarchies move. It's also lacking standard reports on system set up like basic P&L's, etc. It's also missing …
we used Fiserv AML Risk and MPC. Risk was used for ALM (we will still need to find another solution for this as Vena does not offer this). We also used Fiserv MPC for budgeting and forecasting. This system was extrmely inefficient and provided us with many complications and …
Vena being a Excel add in makes it very attractive. Also, there are certain features that Vena had was very fascinating compared to their competitors. It was easy for users to grasp it as it looked and worked just as Excel.
It's been very good when all departments of the company had to pitch in data/information for a specific business decision. My company had to have input from Marketing, Sales, Engineering, Customer Support, and accounting in order to decide on what kind of development was next needed for our platform.
Whether you have processes you are looking to make more efficient or starting from scratch, Vena is a great tool to handle both. When we started with Vena all of reporting was either very manual or frankly nonexistent. Vena was pivotal in bringing us from zero to 10 in a short time. it helped us streamline the process of gathering data to the end reporting
Board makes data summary easy - It makes comprehensive reports with great visuals.
Board makes navigation is easy for users - it has abundant training materials to help you get started.
With Board security is easy to set up and maintain for the organization - the support staff also provides great assistance for implementation and resolves other issues.
What i like best about Vena is that it is very seamless Excel integration.
Vena fosters collabs across teams, helping multiple members to work together on financial planning in real-time enhancing overall efficiency.
We now also can automate manual processes like budgeting, consolidation of data and reporting saves my valuable time and also reducing the risk of errors.
It could improve the ease of implementation; it could take a long for an inexperienced IT team.
From the ERP system perspective, it can be linked easily, but it has room for improvement when you make core changes and require a Vena specialist again.
Some administrators can get confused while working on Excel implementation; it has complicated technical requirements.
Board is a fantastic product for swift BI solution delivery when compared with its peers. Ease of use, support and integration with Microsoft Office Addin open a wide horizon of opportunities for further enhancements to solutions. Easy bespoke app development capabilities make it a winner for us. BOARD is just like a white canvas, it lets you explore your creative side while designing and delivering a solution
It saves me so much time - to go back I would have to hire multiple people to achieve the same results. It is a cost effective tool for our uses and continues to pay for itself in time savings.
Overall, Board is easy to use and develop for. Users can quickly get up to speed and begin using with only a small amount of training. Generally, it takes longer to explain the data structure (our customization) than it does to explain the tool itself. The most consistent challenge we run into is hierarchy management. New members have to be mapped to each level of an entity. While there is a "normalization" process, it often fails to map correctly or in rare cases can change custom mapping that was previously set up.
This is split between usability from an end-user perspective and administrative. Administrative - The tool is lacking in a cohesive way to administer the tool, both from more of a back-end perspective (ETL/Integrations, scripting, etc.) as well as from a business administrative (Processes, Models, etc.). On the more back-end IT related aspects, the tool is a mishmash of modules that were clearly developed in stovepipe fashion. Basic feature/functionality aspects such as version control, auto vs manual save, etc. differ between the code preparation components. It is also lacking in any sort of coherent version control. Not all pages display the context information, so extreme caution must be used. There is also no coherent migration strategy. The process and model navigation has been somewhat challenging for our business administrators, often requiring assistance from Vena when creating or altering templates. 2 of 10 End User - This is better. The Excel add-in generally functions well. Creating basic templates is straightforward, and there is a large degree of flexibility when creating reporting templates. Being part of Excel puts many users into a comfort zone. The toggle switch between template and data mode is not well conceived, and the add-in pop-ups occasionally have issues on multi-monitor displays. 6 of 10
Vena has been available and running. There are notifications well ahead of scheduled maintenance and so far, scheduled maintenance has been occurring during off hours and fortunately has not occurred during a time that is crucial for us to be actively using.
Vena Solutions pages load quickly and only a few times does it get a bit slow, only when there are many integrations and the reports are long. But in general it is always fast and honestly I am very satisfied with the speed in the generation of statistical reports and the pages
The only time I needed assistance was due to a problem in the prints: the colors of the brochures as they were on the screen were not reproduced in the print, but a series of standard colors were reproduced. This fact made colored numbers on a colored background illegible. From the assistance they confirmed that it was a problem of version 10.2 that occurred when leaving the brochures with the default colors proposed by Board. To obtain the desired colors, they had to be personalized ... I didn't like the solution very much and the technician who recommended it didn't like me either, but they would have solved the problem with the following versions. In any case, the assistance was quick and effective even if not exactly efficient.
From initiate setup to going live, Vena's customer representatives and technicians have proven to be responsive and enthusiastic in getting our company up and running. They have been patient with our questions and frustrations and worked to troubleshoot issues that have come up.
Board is fairly simple and straight forward. Advance training on workflows and procedures is a good one but the training content only touches through the interesting areas. training content needs to cover a few areas more in-depth
Our initial in person training was a little rough b/c I felt like our trainer wanted to focus on maximizing Vena rather than understanding what we were needing for our organization. He was very responsive and added insights, but could have worked to understand our needs a little better.
The training was structured as a group training to learn the basics of creating a data model and mapping a template. While we had nearly 10 participants, I was the only actual implementer so we probably didn't actually need the training and could have just learned the initial skills from the implementation consultant. Two years later, when we hired a new team member, they completed several modules in Vena Academy (a self paced learning course) which allowed them to get up to speed on the basics with just a bit of supplemental guidance from me as our existing admin.
The problem of user profiling in our context is certainly quite complex. The complexity is given by the fact that the company is divided territorially into logistic points of sale, but at the same time they are virtually divided into divisions (or specific implementation areas) and points of sale of competence. The same operator can have access to data at different logistic sales points, sales points of competence and divisions.
The Vena consultant had great knowledge of both the Vena solution and Excel and Excel functions. He was able to help suggest ways to build our templates that met our requirements using Excel functions we had not previously considered using. And we have been able to use the Excel information he provided in other ways outside of Vena. He was very patient and flexible as we learned the Vena tool and created templates
We earlier used Planful, which was also a good product but not as good as Board. The backend reporting and analysis of data are top-notch. The reports generated are quick and accurate. Board also offers to learn to upskill the team so that they can use the tool effectively and collaborate.
Vena Solutions stands out due to its familiar Excel-based interface, making it easy for our team to adopt without extensive training. Compared to alternatives like Anaplan and Oracle Hyperion, Vena's strong customer support and efficient automation have significantly reduced our budgeting cycle time. We chose Vena for its seamless integration with our existing systems and substantial time-saving benefits, ultimately enhancing our decision-making process.
Vena solutios is a software that provides robust tools that help different departments in their statistics and we can visualize a lot of promising and visually attractive data. Vena Solutions' level of scalability is high and sustainable over time thanks to the fabulous technical support that is ready to help us at all times
With effective financial analysis and planning and using Board, we were able to see a +18% QoQ revenue increase consistently for seven months straight
Using Board Dashboards, the senior management was able to better & clearly understand the financial position of the company at a given time and take better strategic decisions