Compare Vena and XM HRMS - Jul 2022

Shlomi LaviShlomi Lavi / Jul 06, 2022

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Bottom Line: Which is Better - Vena or XM HRMS?

Vena is more expensive to implement (TCO) than XM HRMS, and Vena is rated higher (87/100) than XM HRMS (55/100). Vena offers users more features (9) than XM HRMS (0).

Looking for the right Budgeting & CPM 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:

Vena Solution Vs. XM Software Solutions Private Limited

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...

XM Software Solutions Private Limited: XM Software Solutions Private Limited, is a Private limited company incorporated under the laws of India. The Company is engaged in the business of IT & ITenabled services and provides these services exclusively to its affiliate companies ,namely UAE Exchange Centre LLC and its subsidiaries & affiliates. XM Software Solutions Pvt Ltd offers a full ...

Who is more expensive? Vena or XM HRMS?

The real total cost of ownership (TCO) of Budgeting & CPM 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 Vena and XM HRMS.

Vena accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Vena is rated 6, which is similar to the average cost of Budgeting & CPM software. XM HRMS price starts at $3,250 per license , When comparing XM HRMS to its competitors, the software is rated 2 - much lower than the average Budgeting & CPM software cost.

Bottom line: Vena is more expensive than XM HRMS.

Which software includes more/better features?

We've compared Vena Vs. XM HRMS based on some of the most important and required Budgeting & CPM features.

Vena: Version Control, Audit Trail, Budgeting & Forecasting, Financial reporting, OLAP, Project Budgeting, Dashboarding, Business performance management.

XM HRMS: We are still working to collect the list of features for XM HRMS.

Target customer size

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. and XM HRMS's target customer size include: Small businesses and start ups.



Vena

ITQlick rating
(4.3/5)

Vena Solutions is a Corporate Performance Management (CPM) software that helps corporate companies manage, organize, and support spreadsheet and spreadsheet based processes for consolidation, management, and re...

Categories: Accounting & Finance, Budgeting & CPM, Financial reporting, Financial consolidation.

XM HRMS

ITQlick rating
(3/5)

starts at $3,250 per license

XM HRMS is a growing cloud-based Business performance management software, it is designed to support small and medium size business. XM HRMS received a rating of 3 from ITQlick team. The software cost is consid...

Categories: Performance Management, Attendance Tracking, Benefits Administration, Compensation Management, Employee Scheduling.

Compare specifications

Compare features

Vena: 9 Features

Version Control
Audit Trail
Budgeting & Forecasting
Financial reporting
OLAP
Project Budgeting
Dashboarding
Business performance management
Forecasting

XM HRMS: 0 Features

We are working to collect the information
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Vena
ITQlick rating
4.3/5
Score
87/100
Pricing
6.8/10
License pricing
Pricing not available
Functionality
21
Review
Compare
XM HRMS
ITQlick rating
3/5
Score
55/100
Pricing
3.8/10
License pricing
$3,250 per license
Functionality
7
Compare
Workday ...
ITQlick rating
4.5/5
Score
94/100
Pricing
8/10
License pricing
$15,000 per license
Functionality
28
neubrain...
ITQlick rating
3.8/5
Score
92/100
Pricing
4/10
License pricing
$10,000 per license
Functionality
17
Budgyt
ITQlick rating
4.9/5
Score
89/100
Pricing
3/10
License pricing
$399 per month
Functionality
3
Review

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.