Vena vs. Workday Adaptive Planning

Overview
Product	Rating	Most Used By	Product Summary	Starting 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 Adaptive Planning	Score7.7 out of 10	Mid-Size Companies (51-1,000 employees)	Workday Adaptive Planning streamlines planning workflows, using AI and real-time data integration to improve collaboration and provide predictive forecasts for better strategic analysis.	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.

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Community Pulse
Key User Insights
	Vena	Workday Adaptive Planning
Considered Both Products	Vena Solutions Anas Toufiki Core Network Administrator in Engineering at IAM (Telecommunications, 1001-5000 employees) Chose Vena Honestly and in evaluation with other tools , Vena outperformed competitors like Workday Adaptive Planning ,because it offers centralized financial planning with strong automation while still keeping Excel at the core , speeding up the reporting cycles and achieving wider … 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? Stacy Taute Finance Manager in Finance and Accounting at Upstream USA (Non-profit Organization Management, 51-200 employees) Chose Vena We selected Vena because it offered the following features: API connection with many of our tools (Power BI, Sage Intacct, Salesforce), worked well with both MAC and PC, ability to set up workflows with automated emails, ability to set up permissions by multiple dimensions, … Incentivized Helpful? Verified User Chose Vena The decision to go with Vena was based mostly on flexibility. Incentivized Helpful? Verified User Chose Vena Workday was more expensive Incentivized Helpful? 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 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? Julie Cummings Director FP&A in Finance and Accounting at American Health Partners (Hospital & Health Care, 1001-5000 employees) Chose Vena Vena doesn't require technical knowledge to build reports, so maintenance of the system can be maintained by the finance team. Incentivized Helpful? 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 Helpful? Verified User Chose Vena Vena is much more user-friendly in my experience, especially for non-accounting employees. 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? Verified User Chose Vena We went with Vena because of its ease of use, i.e. the ease in which the staff was able to adapt the system and use it. We went with Vena because they were very reasonably priced - a huge consideration for a nonprofit like mine. And, we went with Vena because I am able to … 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? Jamie Killpack, CPA Controller in Finance and Accounting at Campbell Global (Financial Services, 201-500 employees) Chose Vena Clearly a better fit for our company from a culture perspective. Adaptive sales team was super pushy and not a good fit for us. Also, the system would have LET us work in Excel, but that was not its main interface. Incentivized Helpful? Verified User Chose Vena We selected Vena because it was moldable to our disparate systems. Ideally I'd have something sit natively within our ERP. But since our data points come from places outside of the ERP we needed something we could quickly and easily leverage and use Excel as our basis because … Incentivized Helpful? Samy Ma Senior Financial Analyst in Corporate at King County Housing Authority (Government Relations, 201-500 employees) Chose Vena Vena Solutions is far beyond Yardi Voyager because Vena can put a custom report together in a few minutes instead of hours. You don't have to do a lot of drilling to get the details of the amount and you can see all the history of the amount by click on the cell. It makes the … 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? Christopher Kishel, CPA Director of Financial Transformation in Finance and Accounting at PRGX Global Inc. (Accounting, 1001-5000 employees) Chose Vena We reviewed PBCS, adaptive, and a variety of other platforms. Incentivized Helpful? Ben White Financial Planning & Analysis Manager in Finance and Accounting at Magic Memories (Retail, 1001-5000 employees) Chose Vena Selected based on ROI for the size of business we were and where we were on our data journey. Vena still has great functionality for where it is positioned and the additional functionality we can get from other tools is not quite justified for the jump in cost as yet. Incentivized Helpful? Verified User Chose Vena The key differentiator for us was the Excel-basis for the tool. Incentivized Helpful? Christie Holmes Sr. Manager in Finance and Accounting at Associated Wholesale Grocers (Wholesale, 1001-5000 employees) Chose Vena At the end of the day, Vena offered great value without having to involve IT. It was an easy to implement system for us. We could query the data from our financial system and created a process to send it to Vena using Box and Microsoft Power Automation (formerly Flow). Because … Incentivized Helpful? Lori Lambert Business Systems Manager in Finance and Accounting at Biola University (Higher Education, 1001-5000 employees) Chose Vena All of the products we reviewed essentially re-create an Excel template in a browser, but without all the functionality that Excel provides. The solutions we reviewed require formula syntax to be learned as the syntax is different than Excel formulas. Some of the solutions … 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?	Workday Limin Kinsey, CPA, CFE Sr. Business Systems Analyst in Finance and Accounting at Michigan Public Health Institute (MPHI) (Non-Profit Organization Management, 501-1000 employees) Chose Workday Adaptive Planning After researching several CPM products, Adaptive and Prophix actually both met our needs quite well. The Adaptive Sales & Design Team went above and beyond in the early stages of exploring whether Adaptive could meet some of our very specific needs. Adaptive's customer … Incentivized Helpful? Verified User Chose Workday Adaptive Planning Adaptive was more flexible, able to be maintained without heavy IT involvement, cost effective, had no additional hardware requirements, and since it is a cloud platform, updates are automatic. 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

Vena

Workday Adaptive Planning

Comparison of BI Standard Reporting features of Vena and Workday Adaptive Planning
Feature	Vena 7.1 112 Ratings	Workday Adaptive Planning 9.3 1 Ratings
Pixel Perfect reports	6.571 Ratings	9.01 Ratings
Customizable dashboards	7.5100 Ratings	10.01 Ratings
Report Formatting Templates	7.4108 Ratings	9.01 Ratings

Comparison of Ad-hoc Reporting features of Vena and Workday Adaptive Planning
Feature	Vena 7.6 202 Ratings	Workday Adaptive Planning 8.0 1 Ratings
Drill-down analysis	8.3196 Ratings	9.01 Ratings
Formatting capabilities	8.4194 Ratings	7.01 Ratings
Integration with R or other statistical packages	5.370 Ratings	8.01 Ratings
Report sharing and collaboration	8.4171 Ratings	8.01 Ratings

Comparison of Report Output and Scheduling features of Vena and Workday Adaptive Planning
Feature	Vena 8.3 159 Ratings	Workday Adaptive Planning 8.0 1 Ratings
Publish to Web	7.783 Ratings	00 Ratings
Publish to PDF	9.1115 Ratings	8.01 Ratings
Report Versioning	8.1134 Ratings	8.01 Ratings
Report Delivery Scheduling	8.5120 Ratings	8.01 Ratings

Comparison of Data Discovery and Visualization features of Vena and Workday Adaptive Planning
Feature	Vena 7.7 104 Ratings	Workday Adaptive Planning 7.7 1 Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)	8.094 Ratings	7.01 Ratings
Location Analytics / Geographic Visualization	7.477 Ratings	8.01 Ratings
Predictive Analytics	7.383 Ratings	8.01 Ratings
Pattern Recognition and Data Mining	8.129 Ratings	00 Ratings

Comparison of Access Control and Security features of Vena and Workday Adaptive Planning
Feature	Vena 8.3 196 Ratings	Workday Adaptive Planning 9.0 1 Ratings
Multi-User Support (named login)	9.1184 Ratings	9.01 Ratings
Role-Based Security Model	7.9183 Ratings	9.01 Ratings
Multiple Access Permission Levels (Create, Read, Delete)	8.3186 Ratings	9.01 Ratings
Report-Level Access Control	8.550 Ratings	00 Ratings
Single Sign-On (SSO)	7.9142 Ratings	00 Ratings

Comparison of Mobile Capabilities features of Vena and Workday Adaptive Planning
Feature	Vena 7.3 102 Ratings	Workday Adaptive Planning 8.5 1 Ratings
Responsive Design for Web Access	7.799 Ratings	8.01 Ratings
Dashboard / Report / Visualization Interactivity on Mobile	7.087 Ratings	10.01 Ratings
Mobile Application	00 Ratings	8.01 Ratings

Comparison of Budgeting, Planning, and Forecasting features of Vena and Workday Adaptive Planning
Feature	Vena 8.1 242 Ratings	Workday Adaptive Planning 9.6 187 Ratings
Long-term financial planning	8.1218 Ratings	9.5173 Ratings
Financial budgeting	8.3233 Ratings	9.7184 Ratings
Forecasting	7.2224 Ratings	9.6179 Ratings
Scenario modeling	7.6203 Ratings	9.6170 Ratings
Management reporting	9.1230 Ratings	9.5184 Ratings

Comparison of Consolidation and Close features of Vena and Workday Adaptive Planning
Feature	Vena 7.6 211 Ratings	Workday Adaptive Planning 6.8 152 Ratings
Financial data consolidation	9.0182 Ratings	5.7115 Ratings
Journal entries and reports	7.4133 Ratings	5.475 Ratings
Multi-currency management	6.2128 Ratings	7.987 Ratings
Intercompany Eliminations	7.8126 Ratings	5.368 Ratings
Minority Ownership	6.589 Ratings	5.240 Ratings
Local and consolidated reporting	8.0160 Ratings	9.8102 Ratings
Detailed Audit Trails	8.2186 Ratings	8.7127 Ratings

Comparison of Financial Reporting and Compliance features of Vena and Workday Adaptive Planning
Feature	Vena 8.0 231 Ratings	Workday Adaptive Planning 9.0 175 Ratings
Financial Statement Reporting	8.4206 Ratings	9.7154 Ratings
Management Reporting	8.4216 Ratings	9.6170 Ratings
Excel-based Reporting	9.2225 Ratings	9.4169 Ratings
Automated board and financial reporting	7.6168 Ratings	9.6146 Ratings
XBRL support for regulatory filing	6.565 Ratings	6.928 Ratings

Comparison of Analytics and Reporting features of Vena and Workday Adaptive Planning
Feature	Vena 7.5 178 Ratings	Workday Adaptive Planning 8.8 144 Ratings
Personalized dashboards	8.4151 Ratings	8.5126 Ratings
Color-coded scorecards	8.6115 Ratings	9.3105 Ratings
KPIs	6.2131 Ratings	9.5117 Ratings
Cost and profitability analysis	7.7142 Ratings	8.8119 Ratings
Key Performance Indicator setting	7.1128 Ratings	8.9101 Ratings
Benchmarking with external data	6.8100 Ratings	8.170 Ratings

Comparison of Integration features of Vena and Workday Adaptive Planning
Feature	Vena 8.8 227 Ratings	Workday Adaptive Planning 8.8 165 Ratings
Flat file integration	8.4185 Ratings	9.0129 Ratings
Excel data integration	9.1211 Ratings	8.8158 Ratings
Direct links to 3rd-party data sources	8.8169 Ratings	8.7120 Ratings

User Ratings
	Vena	Workday Adaptive Planning
Likelihood to Recommend	8.2 (246 ratings)	9.0 (216 ratings)
Likelihood to Renew	8.4 (20 ratings)	7.6 (43 ratings)
Usability	8.4 (31 ratings)	8.9 (122 ratings)
Availability	7.3 (7 ratings)	7.3 (11 ratings)
Performance	8.2 (7 ratings)	9.1 (5 ratings)
Support Rating	8.6 (100 ratings)	8.2 (33 ratings)
In-Person Training	9.1 (3 ratings)	8.2 (2 ratings)
Online Training	7.7 (5 ratings)	7.3 (9 ratings)
Implementation Rating	8.5 (7 ratings)	8.6 (27 ratings)
Configurability	7.3 (4 ratings)	8.2 (5 ratings)
Contract Terms and Pricing Model	- (0 ratings)	7.3 (1 ratings)
Data Sharing and Collaboration	- (0 ratings)	7.5 (17 ratings)
Data Sources	- (0 ratings)	7.6 (17 ratings)
Ease of integration	9.1 (3 ratings)	7.3 (8 ratings)
Product Scalability	9.0 (6 ratings)	8.2 (12 ratings)
Professional Services	- (0 ratings)	8.2 (1 ratings)
Vendor post-sale	9.0 (3 ratings)	8.2 (4 ratings)
Vendor pre-sale	8.2 (4 ratings)	6.4 (4 ratings)

Vena vs. Workday Adaptive Planning

Vena

Workday Adaptive Planning

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