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Vena unveils a new financial consolidation solution and strengthens its AI capabilities

At Excelerate Finance Fest 2026, Vena Solutions presented Vena Financial Consolidation to accelerate close processes and improve data reliability, with support for intercompany eliminations, currencies and ownership structures. The company also announced AI agents, an MCP server and Excel–Power BI integration through Acterys, under governance and with traceability.

Vena Financial Consolidation
Vena Financial Consolidation

Vena Solutions used its annual Excelerate Finance Fest 2026 event to unveil several innovations aimed at finance leaders. One of the key announcements was the launch of Vena Financial Consolidation, a new solution designed to accelerate financial close processes and improve data reliability.

Presented as an Excel-native solution enhanced by artificial intelligence, this new offering is designed to address the ongoing challenges faced by finance teams dealing with consolidation processes that are often manual, complex and prone to error. The platform supports intercompany eliminations, currency conversion and the management of ownership structures, while maintaining a governed and traceable environment.

According to Hugh Cumming, finance functions must now be able to quickly turn reliable data into concrete action. In this context, Vena is focusing on reducing what it calls “decision latency”—the time between obtaining information and the company’s ability to act effectively.

 

AI integrated into planning processes

Beyond financial consolidation, Vena also announced the general availability of Vena Planning Agent and Vena MCP Server. These tools are intended to enable users to interact with financial data using natural language in order to generate forecasts, adjust plans or analyse different scenarios.

The company’s approach is to integrate artificial intelligence directly into existing financial workflows, while maintaining governance, validation and audit mechanisms. Vena’s MCP server notably makes it possible to connect AI assistants such as ChatGPT, Claude or Microsoft Copilot to company data in real time.

 

Convergence between Excel and Power BI

The company is also continuing to strengthen its relationship with Acterys, which was recently integrated into its ecosystem. Thanks to a unified data layer between Vena and Acterys, organisations will now be able to synchronise financial and operational data between Excel and Microsoft Power BI.

This integration is intended to streamline collaboration between finance teams and operational departments by reducing data silos and delays in updating information.

 

A strategy focused on financial orchestration

Through these various announcements, the company is highlighting the execution speed and data reliability challenges faced by finance leaders. The growing integration of artificial intelligence into EPM tools also reflects changing business expectations, as companies now seek to accelerate decision-making processes while maintaining a secure governance framework.

 

source: Vena Solutions

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