Press Release

Vena Solutions Achieves Leader Status in 2014 Nucleus Research Value Matrix for Corporate Performance Management

November 5, 2014 |

High customer satisfaction ratings, strong functionality and superior usability launch Vena into top quadrant in record… Continue Reading Vena Solutions Achieves Leader Status in 2014 Nucleus…

High customer satisfaction ratings, strong functionality and superior usability launch Vena into top quadrant in record time.

Toronto, Canada, November 04, 2014 – Vena Solutions, an industry recognized provider of next-generation corporate performance management (CPM) software, is proud to announce it has reached yet another top industry benchmark by achieving Leadership status in Nucleus Research’s latest Value Matrix.

Vena progressed from the Facilitator quadrant to Leader in just six months, strengthening the company’s reputation in a mature and highly competitive industry.

Nucleus evaluates vendors based on the operational efficiencies that customers realize through new and existing deployments. Vena’s cloud-based platform has gained traction in a wide range of industries due to its ability to automate and streamline core CPM processes while keeping users in native Microsoft® Excel®.

“The Vena solution provides the flexibility, process control, security, workflow management and reporting capabilities that organizations are seeking, without the need to move away from using Excel,” says Nina Sandy, Principal Analyst of Nucleus Research.

“Vena allows organizations to maintain their Excel environment – and their existing Excel expertise – while mitigating some of the challenges surrounding the use of spreadsheets. It is a strong solution for those seeking cloud-based financial planning and budgeting.”

Nucleus Research’s latest report, “Technology Value Matrix Second Half 2014: CPM,” notes the growing demand for cloud capabilities, greater usability in CPM solutions and CPM solutions that integrate well with existing systems.

Don Mal, CEO of Vena Solutions, explains, “Vena is fast becoming the solution of choice when it comes to CPM because of our customer-first approach. The application offers CPM capabilities that are on par with large vendors, but our appeal stems from the fact that our solution is cloud-based and leverages native Excel – the most ubiquitous business application in the world.”


Vena Solutions has redefined how companies automate their most mission-critical finance, accounting and business processes. Our platform embraces the best of Microsoft Excel, extending and evolving its capabilities to create a next-generation enterprise solution that is powerful, yet intuitive. Vena is a first-to-market solution that offers the most comprehensive suite of cloud-based corporate performance management (CPM) capabilities with a quick deployment methodology – all without compromising what you love best from Excel.

Learn what Vena does in 90 seconds.


Nucleus Research is a global provider of investigative, case-based technology research and advisory services that provide real-world insight into maximizing technology value. For more information, visit or follow us on Twitter @NucleusResearch.

Vena and the Vena logo are trademarks of Vena Solutions registered in various jurisdictions. All other trademarks are the property of their respective holders.

Microsoft and Excel are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries.


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