Prophix vs. Vena

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Prophix	Score8.2 out of 10	Enterprise companies (1,001+ employees)	Prophix One, a Financial Performance Platform, is used to improve the speed and accuracy of decision-making within a harmonized user experience. To reduce complexity and uncertainty, the software offers automated insights and planning, budgeting, forecasting, reporting, and consolidation functionalities.	N/A
Vena	Score8.8 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

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.

Community Pulse
Key User Insights
	Prophix	Vena
Considered Both Products	Prophix Software Anna Lee Analyst at UAG (Construction, 51-200 employees) Chose Prophix We ultimately chose Prophix for its stronger automation features and direct relationship with CMiC. While Vena offers a similar set of capabilities, we found Prophix to be more intuitive, especially when it comes to creating and managing reports without heavy reliance on Excel. … Incentivized Helpful? Verified User Chose Prophix Vena and Prophix are designed to target similar markets. In the end the ability to support globally in multiple locations, time zones and languages lead us to choose Prophix. We carried out reviews of demo environments of both systems and felt that Prophix was focused more on … Incentivized Helpful? Thomas Scott, MBA Director, Financial Planning & Analysis in Finance and Accounting at Echelon Supply & Service (Consumer Goods, 201-500 employees) Chose Prophix Price, functionality, and service were major factoring for us when deciding on which platform to use. Incentivized Helpful? Jason Norman AVP for FInance in Finance and Accounting at Southwest Baptist University (Higher Education, 201-500 employees) Chose Prophix We found Prophix to be more flexible than the other solutions. It proved to have less of an implementation timeframe, and we felt more comfortable supporting the system ourselves post-implementation. We were also surprised to find that Prophix's pricing was more competitive … Incentivized Helpful? Verified User Chose Prophix Prophix is significantly better than these two products and at a better price. We tried implementing DataRails and it just didn't work for us as the struggled mightily with implementation. The Prophix implementation was very smooth and the support team was an absolute pleasure … Incentivized Helpful? Jeffrey DiOrio Director of Financial Planning and Analysis in Finance and Accounting at Echelon Supply and Service (Executive Office, 501-1000 employees) Chose Prophix We chose Prophix based on the desire to make a paradigm shift away from Excel and towards a more fully-featured web-based SaaS solution that would still allow for the utilization of Excel where it made sense. Prophix does this through an Excel add-on, while more comprehensive … Incentivized Helpful? Alex Kaiser Controller in Finance and Accounting at Richard Heath and Associates, Inc. (Program Development, 51-200 employees) Chose Prophix Our company used Vena for our budgeting and forecasting process, but it never ended up working correctly for our organization. Once we switched to Prophix, we have had a much better experience from the start. Prophix's implementation team helped us design everything very well … Incentivized Helpful? Teresa Tang AVP - Budgeting & Analytics in Corporate at Dime Community Bank (Banking, 201-500 employees) Chose Prophix The company was looking for a robust tool and during the demo sessions the key budget contributors were satisfied with the user friendliness and positive outlook on the success of Prophix. Incentivized Helpful?	Vena Solutions Verified User Chose Vena When looking at other tools, we were concerned about end user adoption and Vena stood out because of the use of Excel. It is a familiar format and provides almost endless flexibility when considering business processes that can be added. At first, Adapative was a front runner … Incentivized Helpful? Verified User Chose Vena We had Prophix (old version) for planning and budgeting and it was way less user-friendly and flexible than Vena. We always had to go back to Excel to build more complex reports and share them. And we extended the use of Vena to monthly reporting, which could not have been done … Incentivized Helpful? Aaron Andersen Director of Finance in Finance and Accounting at Museum of Science and Industry, Chicago (Museums & Institutions, 201-500 employees) Chose Vena Prophix is powerful, and structures data on the back-end in a very similar way with multiple data models, and I have used it before. But the learning curve is steep. Building complex rules, e.g. for a union personnel model, was much harder than designing the same logic in … Incentivized Helpful? Verified User Chose Vena Vena is easier to use than Prophix but Prophix has a personnel module and more flexible ad-hoc reporting capabilities. Incentivized Helpful? Jay Scheumack Chief Financial Officer in Finance and Accounting at LifeWorks (Individual & Family Services, 51-200 employees) Chose Vena The main contender with Vena was Prophix. Most of the other products we looked at were not capable of the complexity we needed. 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 … Incentivized Helpful? Dipak Ugale System Integration Consultant in Engineering at JLL (Computer Software, 10,001+ employees) Chose Vena 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 … Incentivized Helpful? Verified User Chose Vena 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. Incentivized Helpful? Verified User Chose Vena I really like Vena for organizations with smaller finance teams. Excel is at the heart of Vena so there is a less new technology for them to learn. All three solutions have strengths that make them appropriate for specific organizations. Incentivized Helpful? Andrea Croak, CPA, MBA Financial Planning & Analysis Lead in Finance and Accounting at Builder Homesite Inc. (Marketing & Advertising, 501-1000 employees) Chose Vena The Excel functionality better suited our end users. Incentivized Helpful? Andrew McFarlane ✪ Finance Manager in Finance and Accounting at Andrew McFarlane Photography (Information Technology & Services, 51-200 employees) Chose Vena Vena allowed for the most customization that made everything easy for us with our complicated system of managing allocations across products and time by employees. Incentivized Helpful? Eric French Manager of Business Analytics in Information Technology at Tacala, LLC (Food & Beverages, 5001-10,000 employees) Chose Vena We were using Dynamic Budgets before we moved over to Vena and researched many, many, many other products before settling on Vena in the end. One of the things that quickly knocked out other vendors was our unique fiscal calendar. We have 13 periods (4 weeks each) and that … Incentivized Helpful? Carrie Self, CPA IT Business Analyst in Information Technology at Tacala, LLC (Food & Beverages, 5001-10,000 employees) Chose Vena We spent about a year and a half in the selection process for our budgeting system. The issue that we kept coming across was speed, flexibility, and a lack of understanding of our process during the sales cycle. Most of these other products wanted us to change our budgeting … Incentivized Helpful?
	Would buy again
	No answers on this topic	No answers on this topic
	Delivers good value for the price
	No answers on this topic	No answers on this topic
	Happy with the feature set
	No answers on this topic	No answers on this topic
	Lived up to sales and marketing promises
	No answers on this topic	No answers on this topic
	Implementation went as expected
No answers on this topic	No answers on this topic

Features

Prophix

Vena

Comparison of BI Standard Reporting features of Prophix and Vena
Feature	Prophix 5.7 16 Ratings	Vena 7.2 112 Ratings
Pixel Perfect reports	5.03 Ratings	6.571 Ratings
Customizable dashboards	5.415 Ratings	7.6100 Ratings
Report Formatting Templates	6.615 Ratings	7.5108 Ratings

Comparison of Ad-hoc Reporting features of Prophix and Vena
Feature	Prophix 8.5 104 Ratings	Vena 7.6 202 Ratings
Drill-down analysis	9.0103 Ratings	8.3196 Ratings
Formatting capabilities	7.5101 Ratings	8.4194 Ratings
Report sharing and collaboration	8.998 Ratings	8.4171 Ratings
Integration with R or other statistical packages	00 Ratings	5.470 Ratings

Comparison of Report Output and Scheduling features of Prophix and Vena
Feature	Prophix 8.3 96 Ratings	Vena 8.3 159 Ratings
Publish to PDF	8.691 Ratings	9.0115 Ratings
Report Versioning	7.571 Ratings	8.1134 Ratings
Report Delivery Scheduling	8.883 Ratings	8.5120 Ratings
Publish to Web	00 Ratings	7.783 Ratings

Comparison of Data Discovery and Visualization features of Prophix and Vena
Feature	Prophix 4.1 39 Ratings	Vena 7.7 104 Ratings
Predictive Analytics	4.139 Ratings	7.383 Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)	00 Ratings	8.094 Ratings
Location Analytics / Geographic Visualization	00 Ratings	7.577 Ratings
Pattern Recognition and Data Mining	00 Ratings	8.129 Ratings

Comparison of Access Control and Security features of Prophix and Vena
Feature	Prophix 8.9 99 Ratings	Vena 8.3 196 Ratings
Multi-User Support (named login)	9.096 Ratings	9.1184 Ratings
Role-Based Security Model	9.096 Ratings	7.9183 Ratings
Multiple Access Permission Levels (Create, Read, Delete)	9.099 Ratings	8.3186 Ratings
Report-Level Access Control	8.440 Ratings	8.550 Ratings
Single Sign-On (SSO)	00 Ratings	7.9142 Ratings

Comparison of Mobile Capabilities features of Prophix and Vena
Feature	Prophix 7.5 52 Ratings	Vena 7.3 102 Ratings
Responsive Design for Web Access	7.552 Ratings	7.799 Ratings
Dashboard / Report / Visualization Interactivity on Mobile	00 Ratings	7.087 Ratings

Comparison of Budgeting, Planning, and Forecasting features of Prophix and Vena
Feature	Prophix 8.5 202 Ratings	Vena 8.1 242 Ratings
Long-term financial planning	8.9167 Ratings	8.1218 Ratings
Financial budgeting	9.1197 Ratings	8.3233 Ratings
Forecasting	8.1189 Ratings	7.2224 Ratings
Scenario modeling	7.8153 Ratings	7.6203 Ratings
Management reporting	8.8192 Ratings	9.1230 Ratings

Comparison of Consolidation and Close features of Prophix and Vena
Feature	Prophix 7.7 163 Ratings	Vena 7.6 211 Ratings
Financial data consolidation	8.8133 Ratings	9.0182 Ratings
Journal entries and reports	9.081 Ratings	7.4133 Ratings
Multi-currency management	6.866 Ratings	6.3128 Ratings
Intercompany Eliminations	6.678 Ratings	7.9126 Ratings
Minority Ownership	6.732 Ratings	6.689 Ratings
Local and consolidated reporting	8.7116 Ratings	8.0160 Ratings
Detailed Audit Trails	7.596 Ratings	8.2186 Ratings

Comparison of Financial Reporting and Compliance features of Prophix and Vena
Feature	Prophix 7.9 193 Ratings	Vena 8.0 231 Ratings
Financial Statement Reporting	9.1175 Ratings	8.4206 Ratings
Management Reporting	8.7187 Ratings	8.4216 Ratings
Excel-based Reporting	7.9171 Ratings	9.1225 Ratings
Automated board and financial reporting	8.4149 Ratings	7.6168 Ratings
XBRL support for regulatory filing	5.28 Ratings	6.565 Ratings

Comparison of Analytics and Reporting features of Prophix and Vena
Feature	Prophix 6.0 169 Ratings	Vena 7.5 178 Ratings
Personalized dashboards	7.5156 Ratings	8.4151 Ratings
Color-coded scorecards	5.2114 Ratings	8.6115 Ratings
KPIs	5.9124 Ratings	6.2131 Ratings
Cost and profitability analysis	5.8124 Ratings	7.7142 Ratings
Key Performance Indicator setting	6.099 Ratings	7.2128 Ratings
Benchmarking with external data	5.967 Ratings	6.8100 Ratings

Comparison of Integration features of Prophix and Vena
Feature	Prophix 8.4 189 Ratings	Vena 8.7 227 Ratings
Flat file integration	8.9152 Ratings	8.4185 Ratings
Excel data integration	8.6166 Ratings	9.1211 Ratings
Direct links to 3rd-party data sources	7.7144 Ratings	8.8169 Ratings

User Ratings
	Prophix	Vena
Likelihood to Recommend	7.9 (220 ratings)	8.2 (246 ratings)
Likelihood to Renew	10.0 (16 ratings)	8.4 (20 ratings)
Usability	8.1 (44 ratings)	8.4 (31 ratings)
Availability	10.0 (29 ratings)	7.3 (7 ratings)
Performance	9.9 (28 ratings)	8.2 (7 ratings)
Support Rating	8.2 (121 ratings)	8.6 (100 ratings)
In-Person Training	10.0 (11 ratings)	9.1 (3 ratings)
Online Training	10.0 (13 ratings)	7.7 (5 ratings)
Implementation Rating	9.0 (19 ratings)	8.5 (7 ratings)
Configurability	9.0 (11 ratings)	7.3 (4 ratings)
Ease of integration	8.6 (29 ratings)	9.1 (3 ratings)
Product Scalability	10.0 (26 ratings)	9.0 (6 ratings)
Vendor post-sale	8.5 (23 ratings)	9.0 (3 ratings)
Vendor pre-sale	7.5 (21 ratings)	8.2 (4 ratings)

Prophix vs. Vena

Prophix

Vena

Add Product

Recommended Comparisons