This release originally appeared on NASDAQ Global Newswire.
Latest Product Release Includes Collaboration, Data Discovery and Modeling Features for Improved, Company-Wide Adoption of Integrated Financial Planning
TORONTO – Feb. 15, 2018 – Vena Solutions, the fastest growing provider of cloud-based corporate performance management (CPM) software, today unveiled its latest product release to make the promise of integrated financial planning a reality for medium and large sized organizations. New functionality in the release includes support for collaboration across departments, improved modeling for business users, and new data discovery and analysis capabilities.
“Taking the top spot for usability on the recent Nucleus Research CPM Value Matrix, Vena has proven its software is accessible and user-friendly for finance applications including budgeting, planning, forecasting and financial close management. In this release, Vena is delivering the same value for integrated financial planning,” said Joe Mathias, research analyst at Nucleus Research. “From its Excel integration to new collaboration and data discovery features, Vena is bringing integrated planning to companies through a single application to reduce complexity and provide new avenues of financial insight.”
Vena offers a unique approach to managing financial processes such as budgeting, planning and revenue forecasting by combining Excel integration with enterprise-grade features including a centralized cloud database, workflow automation, reporting and analytics. Unlike traditional, rigid and hard-to-use solutions, Vena is the easiest way for finance professionals to get trusted insights – fast. With this release, Vena offers the easiest way to implement real, company-wide integrated financial planning.
“Integrated financial planning is a best practice that is often discussed but rarely fully realized,” said Rishi Grover, chief solutions architect at Vena Solutions. “Today’s release offers new features designed to help companies overcome the most common roadblocks to adopting the practice. It’s the latest example of Vena’s dedication to our customers’ success and track record of industry-leading customer satisfaction.”
Key features and benefits of Vena’s new integrated planning functionality include:
Collaboration across business units for smarter, more comprehensive plans.
- Further engage financial planning stakeholders with improved report books and automated report distribution through PowerPoint and Excel.
- Make business planning decisions based on readily available facts with Vena’s document embedding and collection features.
- Always work with up-to-date information and guaranteed data integrity, with ETL job fail notifications and automated ETL job scheduling.
Data discovery and analysis to make the best decisions with all the right information.
- Drill further into your data, to parent or transactional levels when required.
- Find important information faster with improved search functionality and page option viewing with Vena’s detailed audit trail data.
Easy modeling for finance and business users.
- Improve modeling efficiency and simplified maintenance with shared dimensions.
- Manage process variables more efficiently by viewing and editing processes without having to open separate templates for each process.
As a matter of practice, Vena’s latest release also includes updates for the continuous improvement of its software performance, ease of use, user adoption and engagement. Vena’s new functionality is available to existing and new clients today. Pricing is built into the company’s annual subscription plans. To learn more, visit: www.venasolutions.com.
About Vena Solutions
Vena Solutions redefines how medium and large sized companies manage their budgeting, planning and revenue forecasting. Vena combines a centralized database, sophisticated workflow, powerful reporting and advanced analytics with Excel to create a cloud-based corporate performance management (CPM) solution. The best companies in the world use Vena to get trusted numbers and insights fast. Vena is the fastest growing cloud CPM company and recognized industry leader in customer satisfaction. Visit us at www.venasolutions.com.