Vena Solutions Achieves “Built For NetSuite” Status

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Unified Finance and Accounting SuiteApp Meets the SuiteCloud Platform Development Standards and Documented Best Practices

This is really a ‘best of both worlds’ scenario for our mid-market and enterprise customers. With the Vena for NetSuite SuiteApp, we’re combining the power of NetSuite with the familiarity of Excel.

Vena Solutions, the fastest growing provider of cloud-based corporate performance management (CPM) solutions, today announced that the company’s integrated CPM SuiteApp has achieved ‘Built for NetSuite’ status. Built using NetSuite’s SuiteCloud Platform, Vena for NetSuite offers a unified finance and accounting management solution with a unique, native Excel interface.

Built for NetSuite is a program for NetSuite SuiteCloud Developer Network (SDN) partners that provides them with information, resources and a method to verify that their applications and integrations, built using the NetSuite SuiteCloud Computing Platform, meet NetSuite’s standards and best practices. The Built for NetSuite program is designed to give NetSuite customers additional confidence that SuiteApps have been built to meet these standards.

“This is really a ‘best of both worlds’ scenario for our mid-market and enterprise customers,” said Don Mal, CEO of Vena Solutions. “With the Vena for NetSuite SuiteApp, we’re combining the power of NetSuite with the familiarity of Excel.”

The Vena for NetSuite SuiteApp combines Excel with enterprise-grade features including a centralized database, workflow and collaboration functionality, version control and automated source system integration – including NetSuite’s backend ERP processes. As a result, the companies’ mutual customers can now enjoy greater efficiencies while staying in a familiar Excel environment, for business processes including:

  •     Budgeting, planning and forecasting;
  •     Financial close management (month-end, quarterly, year-end close);
  •     Management and regulatory reporting;
  •     Real-time modeling and analytics including variance analysis against forecasted data;
  •     Any repeatable, Excel-based process across and beyond finance.

Added Mal, “while we expect early adoption in finance and accounting, the bigger picture is allowing our customers to automate any spreadsheet-driven business process – from HR to marketing to legal operations – across their organizations.”

For more information on Vena and NetSuite, please visit us at booth 435 at SuiteWorld or http://www.suiteapp.com/Vena. For more information on SuiteWorld, please visit http://www.netsuitesuiteworld.com or on social media using #NSW2016.

For information about Built for NetSuite SuiteApps, please visit http://www.netsuite.com/BuiltforNetSuite. For more information about the integrated solution, please visit http://www.suiteapp.com.

About Vena Solutions – http://www.venasolutions.com

Vena turns Excel into an enterprise-class business solution with a centralized database and features including workflow, version control and a detailed audit trail. With Vena, hundreds of leading global brands now get trusted numbers and insights – fast – without sacrificing the significant investments they’ve already made in Excel templates, models and reports. They use Vena for corporate performance management (CPM) applications including budgeting, forecasting, financial close and reporting, in addition to managing business drivers and KPIs outside of finance. Vena is the fastest growing cloud CPM vendor, and the only one to embrace – not replace – Excel spreadsheets.

About SuiteCloud

NetSuite’s SuiteCloud is a comprehensive offering of cloud-based products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry's leading provider of cloud-based financials / ERP software suites, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly-created mission-critical applications built on top of mature and proven business processes.

The SuiteCloud Developer Network (SDN) is a comprehensive developer program for independent software vendors (ISVs) who build apps for SuiteCloud. All available SuiteApps are listed on SuiteApp.com, a single-source online marketplace where NetSuite customers can find applications to meet specific business process or industry-specific needs. For more information on SuiteCloud and the SDN program, please visit http://www.netsuite.com/developers.

NOTE: NetSuite, the NetSuite logo and Built for NetSuite are service-marks or trademarks of NetSuite Inc. Third-party trademarks mentioned are the property of their respective owners.

MEDIA CONTACT
Michael Corcoran
(416) 529-5709
mcorcoran(at)venasolutions(dot)com

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Michael A. Corcoran
@venasolutions
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