The value Vena brings to finance teams

June 3, 2024 - Research Y69

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Nucleus interviewed Vena Solutions corporate performance management (CPM) users and found that customers can reduce reporting times by consolidating and accessing operational and financial data in one platform and improve decision-making with quicker access to financial information and dashboards. Specifically, analysts found that Vena allowed one customer to avoid $150,000 in additional headcount costs, and another organization reduced its year-end reporting times by 83 percent. Customers cite selecting Vena for its short implementation times, Excel-based interface, ERP integrations, reporting tools, and reconciliation functionality. This has helped customers accelerate time to value, consolidate financial and operational data, distribute department-level financial reviews, drive better data manipulation, and improve the financial accuracy of reports.

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