Vena Solutions
Vena Solutions is an enterprise-based cloud solution with a centralized database used to deal with budgeting, planning, and forecasting medium to large-sized organizations. It transforms your existing infrastructure into an integrated planning ecosystem with data-driven decision-making experiences. Vena’s interface pairs the best parts of Excel and the power of full finance-led planning so the users can streamline their workflows without upending processes.
Business owners can understand and analyze their past experiences with features like close financial management, consolidations, tax provisioning, account reconciliation, allocations, and intercompany transactions. For present accountability, you can position yourself for success in the current position with regulatory reporting, financial reporting, management dashboards, and variance analysis. For future endeavors, customers can forge the upcoming enterprise events with advanced budgeting, planning, forecasting, and scenario modeling. Moreover, the platform provides unique solutions in various sectors, such as financial dealings, workforce arrangements, sales performance, agile-based activity, regulatory, and compliance.
Vena Solutions Alternatives
#1 OneStream XF
OneStream XF is a market-leading enterprise management solution that unifies and simplifies financial consolidation, planning, reporting, analytics, and fiscal data quality. It modernizes financial processes, replaces multiple legacy applications, and reduces the total cost of ownership of quantitative systems. The platform allows teams to spend less time on data integration and system maintenance and more time on driving business performance. Simplified software installations and autonomous upgrades decrease the total cost of ownership with user-friendly mode.
The compliant tool supports true statutory financial reporting requirements, including US, GAAP, IFRS, and local statutory requirements. Guided workflows protect business users from complexity by uniquely guiding them through all data management, verification, analysis, certification, and loading processes. OneStream XF offers a new level of risk management and delivers unified, comprehensive account reconciliations directly within the core guided process. Moreover, the platform quickly analyzes the sensitivity of cost structure, revenues, or critical structure to external drivers such as commodity prices.
#2 CCH Tagetik
CCH Tagetik is a corporate performance management software & CPM solution that provides budgeting, planning, forecasting, profitability analysis, and compliance regulatory reporting services. The users can access full reports and unbiased assessments from leading analyst firms known for delivering up-to-date reviews of corporate tools. Respond to change with agility and speed; it goes beyond basic planning by connecting granular financial and operational data to plan more often and more in-depth.
The profitability mode enables you to explore the target with data centralized and exploration by drilling across unlimited dimensions to see the operational costs. Integrated planning solution gives the best coverage to invested capital and satisfies the stakeholders with cash flow projections. Consolidation mode manages complex global requirements that streamline processes from end-to-end local close to group with regulatory reporting disclosure. With CCH Tagetik, you can build detailed driver-based models to specify any industry, department, and dimension.
#3 Solver
Solver is a stand-alone computer program that helps to solve mathematical problems and allows to create, deploy, and manage analytics for better decisions. Customers can leverage Excel skills with models’ deployment in power platforms, web, and mobile apps. Bypass Barriers give analysts and developers a common language, including Excel, RASON, SDKs with cloud servers. Customers can save time by gaining real-time insights and can realize the importance of profitability values.
The users are able to grow their analytics skills, and they can get results with wizards, online courses, and expert support. Solvers and optimizers are software tools that help users determine the best way to allocate scarce resources. If anyone wants to learn and use data science and predictive modeling, it provides Excel-based work modes. For the developers, the platform gives powerful SDKs from custom programming language options.
#4 Replicon PSA
Replicon PSA is a business management platform and real-time data analytics platform that helps to keep projects, resources, and finances on track. The users can fuel their organization’s growth with self-driving professional service automation software. Information technology services provide standardized project delivery, manage resource utilization, reduced administrative overhead, and maximize IT efficacies profitability. The consulting tool allows real-time visibility to manage the projects, resources, finance projects, strategies, and more.
It is trusted by media, marketing, and advertising agencies to manage their project costs, justify campaign spend to clients and ensure their productivity. The engineers can grow their targets with complete visibility into all project delivery, costs, billing, and other developing estimations. It tracks all the architectural projects, manages costs and operations, enhanced resource utilization, increases profits. Organizational insights leverage historical and information to quickly adopt changes and make better decisions. Moreover, the platform allows managing the customers, vendors, fund sources, service partners, and internal departments in one place.
#5 LucaNet
LucaNet is a financial performance management software that provides complete financial planning, consolidated fiscal statements, and report generation with premises and cloud tools. The intelligent FPM software solution maps your budget processes in a single tool, giving the users a holistic view of enterprises. With the platform, customers can transparently map the entire business in real-time, ensuring that you make the right decision for the company.
Its intuitive user interface ensures ease to use without advanced information technology skills. By helping you automate the entire process of creating flawless fiscal statements, LucaNet reduces workload and saves money. The optimal strategic tool helps to tackle budgeting, forecasting, and scenario modeling by achieving efficient, transparent, and controlled equity holdings. The enterprise intelligence dashboard provides meaningful analysis in just a few minutes and reports with KPIs. Moreover, it compiles the standardized data with fast and simple integration by managing reconciled productivity.
#6 Oracle Planning Cloud
Oracle Planning Cloud is a business management tool that allows planning, budgeting, and forecasting with scenario modeling and predictive intelligence operations. The users can gain the agility and insights they need to outperform in any market condition. Oracle Fusion Cloud Enterprise Performance Management helps you model and plan across finance, human resource, and supply chain, streamline the close financial process and drive better decisions-based projects.
Customers can comprehensively gain value with a complete cloud by addressing their needs with functional breadth and depth across fiscal planning operations consolidation, master data management, and more. The platform drives better decisions with built-in advanced analytics, and artificial intelligence machine learning brings data-driven actions. It seamlessly connects data across your entire organization with build forecasts that update the bottom line changes automatically. Moreover, its products include the following: networking, storage, integration, identity, compliance, application development, content arrangements, sales, marketing, and autonomous database, etc.
#7 FloQast
FloQast is a SaaS-based accounting management tool that deals with financial services by utilizing Microsoft Excel, reporting, and collaboration to automate enterprise planning workflow. The platform accelerates accounting processes by increasing speed with secure connections, people interaction, documents, and reconciliations. The users can work as a single, unified virtual team from anywhere with collaborations, and it provides the demanding tools to collaborate whether in the office or to work from home.
It ensures smoother and shorter audits by organizing your documentation to support, review evidence, and sign-off with time-stamped. This tool has been developed by former accountants, and the consumers can spend the time on helping improve business operations, and it streamlines and automate accounting workflows to make them more efficient. FloQast is one place to manage the month-end close process, aligning disparate teams, processes, transactions, flux analysis, and real-time insights to increase productivity.
#8 Workday Adaptive Planning
Workday Adaptive Planning is a powerful modeling and analytics tool that helps people gain insights, collaborate, and make smarter decisions by adapting business shifting with confidence and agility. Excel-like sheets streamline the planning process and allow users to drill down into cell values in order to extract and share strategic insights. Customers can elevate their budgeting, planning, and modeling with enterprise management software.
The application is built on an in-memory database, has an in-browser user interface similar to a spreadsheet, and the drag-and-drop characteristics of a web-based consumer app. Configurable options and the ability to create custom calculations within your model give the flexibility to adapt as the business grows and changes. It includes the following features: budgeting, planning, forecasting, data visualization reporting templates, data analysis, collaboration, version control, real-time data updates, and scorecards.