Compare XM HRMS and Vena - Jul 2022

Shlomi Lavi

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

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 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:

XM Software Solutions Private Limited Vs. Vena Solution

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 ...

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? XM HRMS 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 XM HRMS and Vena.

XM HRMS price starts at $3,250 per license , On a scale between 1 to 10 XM HRMS is rated 2, which is much 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 XM HRMS is rated 2, which is much lower than the average cost of Business performance management software.

Bottom line: Vena is more expensive than XM HRMS.

Which software includes more/better features?

We've compared XM HRMS Vs. Vena based on some of the most important and required Business performance management features.

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

Vena: Version Control, Audit Trail, Budgeting & Forecasting, Financial reporting, OLAP.

Target customer size

XM HRMS's typical customers include: Small businesses and start ups, 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.