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COST ALLOCATION SOFTWARE

Automate Cost Allocations for a Faster Month-End Close
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Success Stories

Tanger Outlets shortens month-end close by 50%

Learn how Tanger Outlets streamlined the month-end close process by linking Vena with their general ledger for automated cost allocations. “Before Vena, our closing process was 10 days. Now it’s cut to 5 days.” - Michelle Canada, Director of Financial Reporting, Tanger Outlets
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Manage your cost centers with real-time allocations

Tedious monthly consolidation processes are ancient history with Vena. Our cost allocations software integrates directly with your general ledger, sparing you the hassle of keying in journal entries manually. Vena’s planning templates are configured with allocation rules that work for your business, making it easy to assign costs to different departments with the click of a button.
Strategic Overview

Build better budgets with smarter expense planning

Simplify budget allocations and plan for the future with confidence. With Vena, you can track variances between budget periods and use that knowledge to inform your allocations strategy. Detailed audit trails ensure transparency and accountability, so you can give managers 100% ownership of their numbers.
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Tell the story behind your statistics

With all your planning data in one connected platform, you can map your overhead allocations based on headcount, revenue, production output and more. Vena’s cost allocations software paints a clear picture of profitability at the entity, department and per-unit level. Add context to your financial statements with our advanced drill down capabilities. Tell the whole story with Vena and plan with insight, not instinct.

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