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Vena vs. Workday Financial Management

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Vena

360 Reviews and Ratings

Workday Financial Management

118 Reviews and Ratings

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    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

    Workday Financial Management

    Score7.8 out of 10
    		N/AWorkday Financial Management is a native cloud solution built on a global foundation designed to enable accounting teams to operate with greater productivity, superior insights, and adapt to changing business needs. Its AI embedded features improve financial business processes like record to report and opportunity to cash while strengthening internal controls, and enabling consistency across global operations. Powered by an in-memory architecture and object data…N/A
    Pricing
    VenaWorkday Financial Management
    Editions & Modules
    Professional
    N/A
    Complete
    N/A
    No answers on this topic
    Offerings
    Pricing Offerings
    VenaWorkday Financial Management
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional DetailsThe 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
    VenaWorkday Financial Management
    Considered Both Products
    Vena Solutions
    Verified User
    Chose Vena
    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 …
    Incentivized
    Verified User
    Chose Vena
    Vena is much more flexible than Adaptive. We deeply evaluated Adaptive, looking at database structures, workflows, user interfaces, reporting. While Adaptive is strong in some areas (predictive forecasting using AI etc..) it was not able to meet our needs with complex business …
    Incentivized
    Workday
    No answer on this topic
    Key User Insights
    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
    VenaWorkday Financial Management
    BI Standard Reporting
    Comparison of BI Standard Reporting features of Vena and Workday Financial Management
    Feature
    Vena
    7.2
    112 Ratings
    Workday Financial Management
    -
    Ratings
    Pixel Perfect reports6.571 Ratings00 Ratings
    Customizable dashboards7.6100 Ratings00 Ratings
    Report Formatting Templates7.5108 Ratings00 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of Vena and Workday Financial Management
    Feature
    Vena
    7.6
    202 Ratings
    Workday Financial Management
    -
    Ratings
    Drill-down analysis8.3196 Ratings00 Ratings
    Formatting capabilities8.4194 Ratings00 Ratings
    Integration with R or other statistical packages5.570 Ratings00 Ratings
    Report sharing and collaboration8.4171 Ratings00 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of Vena and Workday Financial Management
    Feature
    Vena
    8.3
    159 Ratings
    Workday Financial Management
    -
    Ratings
    Publish to Web7.783 Ratings00 Ratings
    Publish to PDF9.0115 Ratings00 Ratings
    Report Versioning8.1134 Ratings00 Ratings
    Report Delivery Scheduling8.5120 Ratings00 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of Vena and Workday Financial Management
    Feature
    Vena
    7.7
    104 Ratings
    Workday Financial Management
    -
    Ratings
    Pre-built visualization formats (heatmaps, scatter plots etc.)8.094 Ratings00 Ratings
    Location Analytics / Geographic Visualization7.577 Ratings00 Ratings
    Predictive Analytics7.383 Ratings00 Ratings
    Pattern Recognition and Data Mining8.129 Ratings00 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of Vena and Workday Financial Management
    Feature
    Vena
    8.3
    196 Ratings
    Workday Financial Management
    -
    Ratings
    Multi-User Support (named login)9.1184 Ratings00 Ratings
    Role-Based Security Model7.9183 Ratings00 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)8.3186 Ratings00 Ratings
    Report-Level Access Control8.550 Ratings00 Ratings
    Single Sign-On (SSO)7.9142 Ratings00 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of Vena and Workday Financial Management
    Feature
    Vena
    7.3
    102 Ratings
    Workday Financial Management
    -
    Ratings
    Responsive Design for Web Access7.799 Ratings00 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile7.087 Ratings00 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Vena and Workday Financial Management
    Feature
    Vena
    8.1
    242 Ratings
    Workday Financial Management
    -
    Ratings
    Long-term financial planning8.1218 Ratings00 Ratings
    Financial budgeting8.3233 Ratings00 Ratings
    Forecasting7.2224 Ratings00 Ratings
    Scenario modeling7.6203 Ratings00 Ratings
    Management reporting9.1230 Ratings00 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Vena and Workday Financial Management
    Feature
    Vena
    7.6
    211 Ratings
    Workday Financial Management
    -
    Ratings
    Financial data consolidation9.0182 Ratings00 Ratings
    Journal entries and reports7.4133 Ratings00 Ratings
    Multi-currency management6.3128 Ratings00 Ratings
    Intercompany Eliminations7.9126 Ratings00 Ratings
    Minority Ownership6.689 Ratings00 Ratings
    Local and consolidated reporting8.0160 Ratings00 Ratings
    Detailed Audit Trails8.2186 Ratings00 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Vena and Workday Financial Management
    Feature
    Vena
    8.0
    231 Ratings
    Workday Financial Management
    -
    Ratings
    Financial Statement Reporting8.4206 Ratings00 Ratings
    Management Reporting8.4216 Ratings00 Ratings
    Excel-based Reporting9.1225 Ratings00 Ratings
    Automated board and financial reporting7.6168 Ratings00 Ratings
    XBRL support for regulatory filing6.565 Ratings00 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Vena and Workday Financial Management
    Feature
    Vena
    7.5
    178 Ratings
    Workday Financial Management
    -
    Ratings
    Personalized dashboards8.4151 Ratings00 Ratings
    Color-coded scorecards8.6115 Ratings00 Ratings
    KPIs6.2131 Ratings00 Ratings
    Cost and profitability analysis7.7142 Ratings00 Ratings
    Key Performance Indicator setting7.2128 Ratings00 Ratings
    Benchmarking with external data6.8100 Ratings00 Ratings
    Integration
    Comparison of Integration features of Vena and Workday Financial Management
    Feature
    Vena
    8.7
    227 Ratings
    Workday Financial Management
    -
    Ratings
    Flat file integration8.4185 Ratings00 Ratings
    Excel data integration9.1211 Ratings00 Ratings
    Direct links to 3rd-party data sources8.8169 Ratings00 Ratings
    Payroll Management
    Comparison of Payroll Management features of Vena and Workday Financial Management
    Feature
    Vena
    -
    Ratings
    Workday Financial Management
    8.4
    19 Ratings
    Pay calculation00 Ratings8.719 Ratings
    Benefit plan administration00 Ratings8.916 Ratings
    Direct deposit files00 Ratings8.616 Ratings
    Customization
    Comparison of Customization features of Vena and Workday Financial Management
    Feature
    Vena
    -
    Ratings
    Workday Financial Management
    8.5
    17 Ratings
    API for custom integration00 Ratings8.614 Ratings
    Plug-ins00 Ratings8.416 Ratings
    Security
    Comparison of Security features of Vena and Workday Financial Management
    Feature
    Vena
    -
    Ratings
    Workday Financial Management
    9.0
    21 Ratings
    Single sign-on capability00 Ratings9.021 Ratings
    Role-based user permissions00 Ratings9.019 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Vena and Workday Financial Management
    Feature
    Vena
    -
    Ratings
    Workday Financial Management
    8.7
    23 Ratings
    Dashboards00 Ratings8.523 Ratings
    Standard reports00 Ratings9.120 Ratings
    Custom reports00 Ratings8.718 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Vena and Workday Financial Management
    Feature
    Vena
    -
    Ratings
    Workday Financial Management
    8.5
    19 Ratings
    Accounts payable00 Ratings8.914 Ratings
    Accounts receivable00 Ratings9.014 Ratings
    Global Financial Support00 Ratings8.315 Ratings
    Primary and Secondary Ledgers00 Ratings8.715 Ratings
    Journals and Reconciliations00 Ratings8.912 Ratings
    Configurable Accounting00 Ratings8.315 Ratings
    Standardized Processes00 Ratings9.116 Ratings
    Inventory Management
    Comparison of Inventory Management features of Vena and Workday Financial Management
    Feature
    Vena
    -
    Ratings
    Workday Financial Management
    8.7
    8 Ratings
    Inventory tracking00 Ratings9.08 Ratings
    Automatic reordering00 Ratings8.68 Ratings
    Location management00 Ratings8.57 Ratings
    Order Management
    Comparison of Order Management features of Vena and Workday Financial Management
    Feature
    Vena
    -
    Ratings
    Workday Financial Management
    9.1
    9 Ratings
    Credit card processing00 Ratings9.19 Ratings
    User Ratings
    VenaWorkday Financial Management
    Likelihood to Recommend
    8.2
    (246 ratings)
    8.9
    (23 ratings)
    Likelihood to Renew
    8.4
    (20 ratings)
    9.0
    (1 ratings)
    Usability
    8.4
    (31 ratings)
    10.0
    (5 ratings)
    Availability
    7.3
    (7 ratings)
    -
    (0 ratings)
    Performance
    8.2
    (7 ratings)
    -
    (0 ratings)
    Support Rating
    8.6
    (100 ratings)
    10.0
    (5 ratings)
    In-Person Training
    9.1
    (3 ratings)
    -
    (0 ratings)
    Online Training
    7.7
    (5 ratings)
    -
    (0 ratings)
    Implementation Rating
    8.5
    (7 ratings)
    -
    (0 ratings)
    Configurability
    7.3
    (4 ratings)
    -
    (0 ratings)
    Ease of integration
    9.1
    (3 ratings)
    -
    (0 ratings)
    Product Scalability
    9.0
    (6 ratings)
    -
    (0 ratings)
    Vendor post-sale
    9.0
    (3 ratings)
    -
    (0 ratings)
    Vendor pre-sale
    8.2
    (4 ratings)
    -
    (0 ratings)