Vena gives finance an Excel-native FP&A platform — but it's a closed SaaS subscription, and statutory multi-entity consolidation isn't its strength. Konsolidat is the open-source alternative: the same Excel-native =EPM() experience plus a real IFRS consolidation engine, on a stack you own — $0 license, self-hostable, no lock-in.
You get the Excel interface — but on a proprietary SaaS subscription you can't inspect, self-host or escape. Konsolidat gives you Excel-native =EPM() on open source you own.
Vena shines at budgeting and reporting; deep statutory consolidation — IC elimination, NCI, CTA — isn't its home turf. Konsolidat is built for the group close.
Costs scale with every seat. Konsolidat is MIT — $0 license, no per-user fees, ever.
An honest comparison for a 10–500 user enterprise group over a three-year horizon. Figures are typical ranges, not quotes.
| Capability / Cost factor | Konsolidat | Vena |
|---|---|---|
| 3-Year licensing | $0 (MIT) | $$ per-user subscription |
| Implementation | Low–moderate | Moderate |
| Time-to-value | Weeks–3 months | 1–3 months |
| Excel-native UX | ✓ =EPM() native | ✓ Native (add-in) |
| Statutory consolidation (IC / NCI / CTA) | ✓ Engine-driven | ⚠ FP&A-first |
| ERP integration (SAP / Dynamics) | ✓ via OData | ⚠ Connector / ETL |
| Source code access | ✓ Full MIT | ✗ |
| Vendor lock-in | None | High |
Comparison reflects typical Vena deployments based on publicly available information. Konsolidat is not affiliated with or endorsed by Vena. Vena is a trademark of its respective owner.
Vena, like every commercial EPM, is a closed SaaS you rent — the model, the data, the roadmap, all on the vendor’s terms. Konsolidat gives you the whole application to run on your own infrastructure, inspect, fork, and own.
Yes. Konsolidat is open-source (MIT) EPM with the same Excel-native experience as Vena — results via =EPM() — plus a full IFRS/GAAP consolidation engine, self-hosting and $0 license.
Both are Excel-native, but Vena is a closed, per-user SaaS focused on FP&A. Konsolidat is open-source, self-hostable, and built for statutory group consolidation (IC elimination, NCI, CTA), with no license fee.
Yes — multi-entity IFRS/GAAP consolidation with FX translation, CTA, intercompany elimination and NCI, validated by 26 automated tests on every run.
Yes — =EPM() worksheet functions deliver results into your existing workbooks, no new modelling UI to learn.
Book a 30-minute technical demo — a real consolidation model, not slides.