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What is Vena?

Vena Solutions offers a comprehensive platform for financial planning and analysis (FP&A) that integrates seamlessly with Microsoft Excel. This cutting-edge platform equips businesses with the tools needed to improve their budgeting, forecasting, reporting, and financial closing processes through AI-driven automation. By promoting real-time collaboration, providing customizable workflows, and incorporating intuitive dashboards, Vena helps organizations make informed decisions, improve operational efficiency, and maintain compliance with regulations. Moreover, Vena's integration with Microsoft 365 applications, coupled with its strong data transparency features, provides a single source of truth for financial operations, making it an ideal solution for enterprises of all sizes. With its emphasis on optimizing financial procedures, Vena Solutions not only simplifies financial management practices but also enhances the overall effectiveness of an organization's financial strategy. As such, Vena positions itself as an indispensable resource for companies striving to refine their financial processes.

What is Oracle Financial Consolidation and Close?

Quickly set up your operations with integrated features that exemplify best practices, including real-time calculations. Reduce the need for extensive adjustments, as key financial reports like cash flow, balance sheet, and income statement are generated automatically, along with actionable insights and rollovers. Simplify the adherence to international reporting standards, such as International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP), by leveraging a pre-built consolidation model. Improve the accuracy and efficiency of your closing process by reclassifying, adjusting, and eliminating data across various hierarchies, made possible by integrated consolidation functions. Manage the intricacies of legal and management rollups that may have unique calculation and reporting requirements with ease. Gain control over the closing process by continuously monitoring crucial metrics throughout your organization. You can either employ existing calculations or easily create customized solutions that cater to your business's specific needs, ensuring all facets of your financial reporting are managed efficiently. This allows you to concentrate on strategic decision-making while ensuring compliance with required standards. Ultimately, this streamlined approach enhances overall operational effectiveness and empowers you to respond swiftly to evolving business needs.

Media

Media

Integrations Supported

Microsoft Power Query

Integrations Supported

Microsoft Power Query

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Vena Solutions

Date Founded

2011

Company Location

Canada

Company Website

www.venasolutions.com

Company Facts

Organization Name

Oracle

Company Location

United States

Company Website

www.oracle.com/performance-management/financial-consolidation-close/

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Budgeting

"What If" Scenarios
Asset Planning
Balance Sheet
Capital Asset Planning
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement
Project Budgeting
Run Rate Tracking
Version Control

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Sales Forecasting

Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis

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