Shlomi Lavi /
Jul 06, 2022
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Bottom Line: Which is Better - Teramind Business or Vena?
Vena is more expensive to implement (TCO) than Teramind Business, and Vena is rated higher (87/100) than Teramind Business (62/100). Vena offers users more features (9) than Teramind Business (0).
Looking for the right Business performance management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Teramind Vs. Vena Solution
Teramind: Teramind is a unique employee monitoring platform that’s built on a highly-scalable and modern architecture. Our customers are very diverse, from micro-companies with ten employees, to two-thousand-user enterprises. We provide our platform in two ways: Cloud or On-premises. The features of both deployment options are identical, and there is only on...
Vena Solution: Vena Solutions delivers the most flexible performance management solution available for budgeting, forecasting, planning, reporting, analytics, and other mission-critical finance and accounting processes to large and mid-market companies around the world. Vena’s unified web-based software platform embraces all the power and flexibility of Microsoft...
Who is more expensive? Teramind Business or Vena?
The real total cost of ownership (TCO) of Business performance management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Teramind Business and Vena.
Teramind Business price starts at $8.92 per user/month , On a scale between 1 to 10 Teramind Business is rated 4, which is lower than the average cost of Business performance management software. Vena accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Teramind Business is rated 4, which is lower than the average cost of Business performance management software.
Bottom line: Vena is more expensive than Teramind Business.
Which software includes more/better features?
We've compared Teramind Business Vs. Vena based on some of the most important and required Business performance management features.
Teramind Business: We are still working to collect the list of features for Teramind Business.
Vena: Version Control, Audit Trail, Budgeting & Forecasting, Financial reporting, OLAP.
Target customer size
Teramind Business's typical customers include: Start up, Small business, Medium business, Large business, Private use, Vena is best for medium to large corporate companies that deal with a lot of spreadsheets and spreadsheet like reports from other companies and/or subsidiaries.