The primary driver behind Vena’s leadership – and its main competitive advantage – is its use of native Excel as an interface into companies’ performance management data. The company credits Excel’s familiarity, flexibility and widespread use for the high adoption and rapid implementation of its solutions.
“These results clearly validate our decision to embrace Excel as the best way to drive user satisfaction and adoption,” added Mal.
“We’ve been watching Vena’s rapid growth trajectory over the past few years so we’re not surprised at their high satisfaction ratings,” said Craig Schiff, President and CEO of BPM Partners. “By building a cloud-based performance management solution around Excel, it was inevitable that users – and especially administrators – would find Vena easy-to-use, both inside and beyond the finance department.”