Vena Solutions, a renowned expert in Microsoft-native financial and operational planning processes, has announced the general availability of Vena Financial Consolidation, a highly advanced standalone, Excel-native product to be exact designed to support multi-entity financial consolidation, financial close with governance, and audit-ready reporting. The traditional financial consolidation processes in complex corporate structures usually require the use of manual handoffs, complex reconciliations, and different tools, which in most cases result in delayed strategic decision-making. Vena’s new platform directly eliminates these operational friction points without changing your favorite simple intuitive user interface of Microsoft Excel while providing you with a consolidated, fully-automated, centralized engine with a suite of enterprise-grade governance, a compliance auditability track which is strict, and optionally a direct integration to Vena’s broader planning and decisioning suite.
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Highlighting the critical operational benefits of maintaining a native spreadsheet environment alongside robust enterprise-level performance, Andrew Stanbridge, Senior Vice President of Product at Vena, stated: “Finance and accounting teams know Excel and value its flexibility and familiarity. The challenge is making that experience work at the scale of today’s close. Vena Financial Consolidation gives teams an advanced consolidation solution built for that complexity with the option to connect close to planning, reporting and the decisions that follow in the same Vena environment. That gives Finance more time to understand the numbers, trust the outcome and act on what they learn.” By unifying financial close mechanisms with operational planning, Vena equips corporate finance leadership to streamline reporting timelines, minimize administrative manual tasks, and accelerate data-backed business decisions across modern enterprises.