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Accounting · head to head

Vena Solutions vs Wise Business

Vena Solutions logo

Vena Solutions

Accounting

FP&A planning that keeps Excel as the front end and puts a database and workflow behind it

From
On request
Rated
-
Wise Business logo

Wise Business

Accounting

The smart way to send and receive business payments

From
$29/month
Rated
-

The short version

  • Each has a real cost: Vena Solutions vena publishes no pricing and contracts are modular, so two organisations of similar size can pay very different amounts and neither can benchmark without going through procurement.; Wise Business opening a Wise Business account in the UK carries a one off setup fee of 50 GBP
  • They diverge on capability: Vena Solutions covers Excel add-in interface, Wise Business covers Multi-currency accounts.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Vena Solutions and Wise Business actually diverge.

Attributes where Vena Solutions and Wise Business differ
AttributeVena SolutionsWise Business
Starting priceOn request$29/month
Pricing modelquoteusage-based
PlatformsWeb, Windows, Excel add-inWeb, Ios, Android, Api
FoundedUnknown2011

Identical on both: free tier (No), user rating (Not yet rated), category (Accounting).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Vena Solutions

  • Excel add-in interface
  • Central multidimensional database
  • Workflow and approvals
  • Audit trail
  • Rolling forecasts
  • Close management
  • Power BI integration
  • ERP connectors

Only in Wise Business

  • Multi-currency accounts
  • International transfers
  • Batch payments
  • API access
  • Team management
  • Xero
  • QuickBooks
  • Various

What people use each for

The jobs each tool is most often brought in to do.

Vena Solutions

  • A finance team that wants governance and audit over budgeting but refuses to give up Excel formulasnot Wise Business
  • Replacing a shared drive full of departmental budget workbooks with routed templates and tracked submissionnot Wise Business
  • Consolidating actuals from more than one ERP into a single reporting set without a data warehouse projectnot Wise Business
  • Running monthly rolling forecasts where the model is complex enough to need real spreadsheet logicnot Wise Business

Wise Business

  • Holding and converting multiple currencies as a businessnot Vena Solutions
  • Paying international suppliers and contractors at the mid market ratenot Vena Solutions
  • Receiving payments into local currency account details in several countriesnot Vena Solutions

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Vena Solutions

  • Vena publishes no pricing and contracts are modular, so two organisations of similar size can pay very different amounts and neither can benchmark without going through procurement.
  • Implementation services for data integration and template configuration typically make up a large part of first-year cost, often exceeding the licence, and that figure only appears in the proposal.
  • Excel dependency is structural: organisations on Google Workspace, or staff working only in a browser or on Chromebooks, cannot use the primary interface as intended.
  • Because it accepts existing spreadsheets, it can preserve years of undocumented logic and circular workarounds rather than forcing the clean-up that a rebuild on a purpose-built modelling tool would require.
  • Model performance degrades with very large dimensional models, so organisations that grow into genuinely large planning problems eventually hit the limits of the spreadsheet-first design and face a second migration.

Wise Business

  • Opening a Wise Business account in the UK carries a one off setup fee of 50 GBP
  • Volume discounts on transfers start only above 20,000 GBP equivalent sent per month

Pricing, plan by plan

Vena Solutions

On request
  • Vena Professional$undefined/year
    • Core planning platform and Excel add-in
    • Workflow, audit trail and version control
    • Standard support
  • Vena Complete$undefined/year
    • Everything in Professional
    • Power BI integration
    • Premium support and a customer success manager

Wise Business

$29/month
  • StandardFree
    • Multi-currency account
    • Real exchange rate
    • Batch payments

Which should you pick?

Choose Vena Solutions if

  • You need excel add-in interface.
  • You work on Web, Windows, Excel add-in.
  • You also want central multidimensional database.

Choose Wise Business if

  • You need multi-currency accounts.
  • You work on Web, Ios, Android, Api.
  • You also want international transfers.

Questions people ask

Is Vena Solutions or Wise Business better?
Neither clearly leads. Vena Solutions starts at On request and Wise Business at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Vena Solutions or Wise Business?
Vena Solutions starts at On request and Wise Business at $29/month.
Does Vena Solutions or Wise Business run on more platforms?
Vena Solutions runs on Web, Windows, Excel add-in. Wise Business runs on Web, Ios, Android, Api.
What is Vena Solutions best used for?
Vena Solutions is most often used for a finance team that wants governance and audit over budgeting but refuses to give up excel formulas, replacing a shared drive full of departmental budget workbooks with routed templates and tracked submission, consolidating actuals from more than one erp into a single reporting set without a data warehouse project, running monthly rolling forecasts where the model is complex enough to need real spreadsheet logic. Of those, a finance team that wants governance and audit over budgeting but refuses to give up excel formulas and replacing a shared drive full of departmental budget workbooks with routed templates and tracked submission are not what Wise Business is typically brought in for.
What can Vena Solutions do that Wise Business cannot?
Vena Solutions covers Excel add-in interface, Central multidimensional database, Workflow and approvals, Audit trail. Wise Business covers Multi-currency accounts, International transfers, Batch payments, API access.

Answered from the vendors’ own pages

Vena Solutions: Do we have to give up Excel?

No, that is the point of the product. Excel is the interface, backed by a central database and workflow.

Wise Business: How fast are international transfers with Wise Business?

Wise Business offers fast global payments with 70% arriving in 20 seconds and 95% arriving in under 24 hours. You can also pay up to 1,000 contacts in a single batch transfer.

Source
Vena Solutions: Is pricing published?

No. Vena quotes per organisation based on users, modules and services.

Wise Business: Does Wise Business offer volume discounts?

Yes, volume discounts are available on monthly transfers over 20,000 GBP or equivalent.

Source
Vena Solutions: How much is implementation?

It is quoted separately and commonly forms a large share of first-year cost. Get it itemised before comparing against Anaplan or Adaptive.

Wise Business: How does Wise Business keep funds secure?

Wise customers move over AED60 billion monthly with systems built to keep funds safe. The company runs over 7 million daily fraud checks (80 per second), keeps funds diversified with secure financial institutions, and offers 24/7 customer support.

Source
Vena Solutions: Does it work without Microsoft Office?

Not properly. The Excel add-in is the main working surface.

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