The demand for effective Enterprise Performance Management (EPM) capabilities continues to increase as organizations aim to leverage all manner of data for improved decision making and operational efficiency. This special report examines the offerings and positioning of two major players in the EPM market: Vena Solutions (Vena) and Workday Adaptive Planning (Workday).
Vena is a software development company that specializes in financial and operational planning, budgeting and forecasting, and financial close management software, along with associated consulting services. The company sells across many industries, company sizes, and geographies. It was founded in 2011, has nearly 700 employees, and is VC funded. The company is headquartered in Toronto, Ontario, Canada.
Workday is a multifaceted software firm that develops and markets human capital management, financial, planning, and higher education software, along with associated consulting services. The company acquired planning specialty firm Adaptive Planning in 2018. Workday was founded in 2005, is publicly traded on the US-based NASDAQ exchange, and employs 23,000 people.
This report compares Vena and Workday on key aspects such as usability, integration capabilities, performance, scalability, and support. The goal is to provide a clear understanding of how each platform meets the needs of modern enterprises and supports their overall performance management initiatives.
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