Vena vs Manager

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Our analysts compared Vena vs Manager based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Vena Software Tool

Product Basics

Vena is a cloud-based platform designed to streamline financial close and consolidation processes for businesses. It caters to mid-sized and large organizations, particularly those with complex account structures and diverse reporting requirements. Key benefits include centralized data management, automated workflows, and real-time reporting capabilities, which contribute to improved accuracy, efficiency, and transparency in financial operations. Popular features include its user-friendly interface, robust data reconciliation tools, and flexible reporting formats. User reviews highlight Vena's ability to significantly reduce manual tasks, improve collaboration between finance teams, and generate consolidated reports quickly. However, some users note the occasional occurrence of technical glitches and limited customization options. Pricing is based on a subscription model, with varying tiers depending on the number of users, functionality required, and data volume. Costs are typically in the range of $5,000 to $25,000 per year, billed annually.

Pros
  • Streamlines financial close and consolidation
  • Improves accuracy and efficiency
  • User-friendly interface
  • Robust data reconciliation tools
  • Flexible reporting formats
Cons
  • Occasional technical glitches
  • Limited customization options
  • Relatively high cost
  • Learning curve for new users
  • May not be suitable for small businesses
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Manager, a cloud-based accounting software, streamlines financial tasks for small and medium-sized businesses. Its intuitive interface simplifies bookkeeping, from recording transactions and managing accounts payable/receivable to generating reports and filing taxes. Geared towards entrepreneurs and accountants, Manager empowers users with control and flexibility. Key benefits include automated data entry, real-time financial insights, and robust inventory management. Popular features like bank reconciliation and custom reports enhance efficiency and decision-making. Compared to similar products, Manager boasts user-friendliness, affordability (starting at around $15 per month per user), and a supportive online community. While it may lack advanced features of enterprise-level software, Manager excels as a user-centric accounting solution for growing businesses.

Pros:
  • Easy to use
  • Affordable
  • Real-time insights
  • Mobile access
  • Active community
Cons:
  • Limited reports
  • No payroll integration
  • Basic inventory management
  • Learning curve for taxes
  • Limited customer support
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$5,000 Annual
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$15/User, Monthly, Freemium
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Tailored to your specific needs
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Windows
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Linux
Android
Chromebook
Windows
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Linux
Android
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Mobile
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Mobile

Product Assistance

Documentation
In Person
Live Online
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Email
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FAQ
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Knowledge Base
24/7 Live Support
Email
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24/7 Live Support

Product Insights

  • Automation: Eliminate manual data entry and human errors to produce trustworthy budgets with prompt data collection and consolidation 
  • Cloud Usage: Access data and spreadsheets from practically any location anywhere with an internet connection with the cloud database. 
  • Permissions: Protect sensitive data and spreadsheets by only sharing them with significant users. 
  • Accuracy: Assign tasks, status alerts and reminders fast. Catch mistakes before they happen and dig deep into the numbers to find the source of their data. 
  • Integration: Combine sales, marketing, customer care and finance data from customer analytics, marketing automation, GL systems and more.  
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  • Effortless Bookkeeping: Streamline daily tasks with intuitive data entry, automated calculations, and pre-defined accounts, freeing up time for strategic planning and growth.
  • Financial Clarity at Your Fingertips: Gain instant insights into your business performance with real-time reports and dashboards, allowing you to make informed decisions based on accurate data.
  • Enhanced Efficiency and Productivity: Automate repetitive tasks like invoicing, bank reconciliation, and expense tracking, boosting team productivity and minimizing errors.
  • Scalability for Growth: Manage your finances with ease as your business expands, accommodating multiple users, currencies, and locations with flexible configurations.
  • Cost-Effective Solution: Access powerful accounting tools at an affordable price point, making Manager a budget-friendly option for small and medium-sized businesses.
  • Control and Customization: Tailor the software to your specific needs with customizable accounts, reports, and workflows, ensuring your financial data is organized and accessible.
  • Mobile Access on the Go: Manage your finances from anywhere with secure mobile access, allowing you to review reports, approve invoices, and stay connected on the move.
  • Collaborative Environment: Share financial data and collaborate with colleagues in real-time, enhancing communication and transparency within your organization.
  • Secure and Reliable: Protect your financial information with industry-standard security measures and cloud-based data storage, ensuring peace of mind and data integrity.
  • Supportive Community: Leverage the knowledge and expertise of a thriving online community, finding answers, tips, and support from fellow Manager users.
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  • Budgeting, Planning & Forecasting: Ensure budgets are consistent across the board and simple to merge with any data source, Excel or otherwise. Utilize the drag-and-drop feature to seamlessly automate the budget processes while designating tasks to employees, keeping stakeholders in the loop with email notifications and monitoring workflows. 
  • Reporting & Data Analytics: Review live data from any department or business on any device with personalized dashboards. “What-If” modeling permits users to visualize results promptly and share them with stakeholders to make data-informed decisions. 
  • Regulatory Reporting & Compliance: Consolidate data and spreadsheets into one central, secure, cloud-based database in real time. Customize roles and permissions to define and enforce strict controls for all users.  
  • Revenue Performance Management: Evaluate customer data such as NPS scores, product usage metrics, customer acquisition and support costs in a single database. Improve customer satisfaction, zero-in on the right customers and bump up customer lifetime value with vital client KPIs. 
  • Technology Platform: Revert to previous spreadsheet versions effortlessly to study changes over time and dig deeper into the reasons behind reported numbers by drilling down to supporting details.  
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  • Remittance Advice: Simplify the record-keeping process by informing suppliers or vendors of completed payment including, the purpose, type, invoice number and invoice date. 
  • Fixed Asset Management: Store all asset-related data and make it easy to find the specific data in a hurry. Simplify the audit and reporting process with centralized asset information. 
  • Bank Reconciliation: Prevent theft, keep mistakes at bay and identify accounting errors with bank reconciliations. Know which cash transactions cleared and which are outstanding. Check the validity of bank charges from the by account. Identify the fraudulent use of money, prevent additional charges and give the bank the time to restore the account in case of theft. 
  • Recurring Billing: Minimize the possibility of missed payments or plate payments with recurring billing. Bring greater stability to the business with revenue predictability. Ensure customer data is compliant to PCI standards. Boost flexibility, increase customer retention by making it easy for subscribers to change plans. 
  • Multi-Currency: Spend less time making accounting adjustments due to exchange rate differences. Keep money in multiple currencies in one account. Manage foreign exchanges with reduced transaction cost with convenience and simplicity. 
  • Profit And Loss Statements: Track expenses, profit and loss, revenue with detailed profit and loss statements. Present data in a digestible format and easily sort through stored data. 
  • Cash Management: Minimize excessive spending and use income efficiently. Keep a tab on how revenue is used, manage cash collections and plan expenditures. 
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Product Ranking

#24

among all
Accounting Software

#322

among all
Accounting Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Accounts Payable Accounts Receivable Banking And Cash Management Budget And Expense Management Financial Statements And Revenue Management General Ledger And Chart Of Accounts Integration And Extensibility Inventory Management Journal Entries Mobile Support Multi-company Accounting And Asset Management Platform Capabilities Project Accounting Reporting And Analytics Tax Management 93 97 94 69 86 71 15 73 73 20 60 100 54 62 100 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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User Sentiment Summary

Great User Sentiment 304 reviews
Excellent User Sentiment 81 reviews
86%
of users recommend this product

Vena has a 'great' User Satisfaction Rating of 86% when considering 304 user reviews from 6 recognized software review sites.

94%
of users recommend this product

Manager has a 'excellent' User Satisfaction Rating of 94% when considering 81 user reviews from 2 recognized software review sites.

4.4 (13)
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4.6 (106)
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Awards

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SelectHub research analysts have evaluated Manager and concluded it earns best-in-class honors for Platform Capabilities. Manager stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Platform Capabilities Award

Synopsis of User Ratings and Reviews

Customer Support: Approximately 80% of users who mentioned customer support said the team was helpful and quick in troubleshooting issues.
Performability: Of the users who discussed this solution's performance, 67% stated it's easy to use, provides top-notch financial information and is SOX compliant.
Modules: Nearly 59% of users who addressed this platform's modules said they're easy to use and offer superb financial planning and analysis information in a timely fashion.
Integrations: Of the users who discussed this program's integrations, 80% of users said it seamlessly merges with Power BI, Netsuite and other ERP systems.
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Completely Free: Offers a fully-featured desktop version with no limitations, costs, or ads.
User-Friendly Interface: Intuitive design makes it easy to navigate and manage finances, even for those without accounting experience.
Flexible Chart of Accounts: Customize account structure to match specific business needs, ensuring accurate tracking and reporting.
Comprehensive Reports: Generate a wide range of financial reports, including profit and loss statements, balance sheets, cash flow statements, and more, providing valuable insights.
Offline Functionality: Access and work on accounts even without internet connectivity, ensuring productivity regardless of location.
Cross-Platform Compatibility: Works seamlessly on Windows, macOS, and Linux, providing flexibility for different operating systems.
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Limited Customization Options: While Vena offers some customization features, they might not be sufficient for highly specific needs or complex workflows.
Occasional Technical Glitches: Some users report experiencing occasional technical glitches and bugs, which can disrupt workflows and impact productivity.
Relatively High Cost: Vena's subscription fees can be expensive for small businesses or those with limited budgets.
Learning Curve for New Users: Although Vena has a user-friendly interface, it may require some time and training for new users to become fully proficient.
May Not Be Suitable for Small Businesses: Vena's features and functionalities might be overkill for small businesses with simple accounting needs.
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Limited Customization Options: Some users find certain features or reports cannot be tailored as extensively as desired, potentially hindering specific workflows.
No Dedicated Mobile App: Lacks a native mobile app, limiting on-the-go access and requiring web browser usage for cloud-based access, which may not be ideal for all users.
Basic Payroll Features: Handles essential payroll tasks but may not suffice for businesses with complex tax regulations or extensive payroll needs, potentially requiring integration with other software.
Potential Feature Lag: Some users report a delay in the implementation of highly requested features, which could impact those seeking the latest functionalities.
Cloud Version Cost: While the desktop version is free, the cloud-based version incurs a subscription fee, which may deter those seeking entirely free cloud-based accounting solutions.
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Reviews for Vena present a mixed bag, highlighting both its strengths and weaknesses in comparison to similar products. Users praise its user-friendly interface, robust data reconciliation tools, and flexible reporting capabilities. One user remarked, "Vena feels like Excel, but with the power to handle our complex financial data without breaking a sweat." However, some users bemoan limited customization options, stating, "We wanted to tailor Vena to our specific workflows, but the customization tools felt restrictive." Additionally, occasional technical glitches and a relatively high cost compared to competitors like Adaptive Insights and Oracle Cloud EPM were points of concern. Despite these drawbacks, many users believe Vena's strengths outweigh its weaknesses. They appreciate the ease of use, improved accuracy, and streamlined financial processes it offers. One user noted, "Vena has helped us reduce our closing time by 50%, which frees up valuable time for analysis and strategic planning." Ultimately, Vena seems best suited for medium to large organizations with complex financial needs who prioritize ease of use and powerful functionalities. For smaller businesses or those with simpler requirements, alternative solutions might be a better fit.

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Manager's user reviews in the past year paint a contrasting picture. Fans adore its free, full-featured desktop version, praising its "intuitive design" and "flexible chart of accounts" that cater to specific business needs. "Manager beats anything else free by a mile," exclaims one user, highlighting its "comprehensive reports" and "offline functionality" as major wins over cloud-based competitors. Another reviewer applauds its "cross-platform compatibility," appreciating seamless usage across Windows, macOS, and Linux.** However, some users yearn for more in-depth customization. "Limited options for tweaking reports" and "basic payroll features" leave them wanting, especially compared to paid software like QuickBooks. The lack of a native mobile app also disrupts their workflow, making on-the-go access cumbersome. And while the cloud version offers more features, its subscription fee stings some users who enjoyed the desktop's "completely free" model. Ultimately, Manager seems to shine for solopreneurs and small businesses seeking a functional, free accounting solution. Its strengths lie in user-friendliness, flexibility, and offline accessibility. However, those with complex needs or seeking advanced features might find its limitations outweigh its free price tag.

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