Boston-based VFA, Inc., a provider of solutions for facilities capital planning and asset management, has released the latest release of VFA.spendManager.
The company says this release gives CFOs and capital planners better ability to understand and manage spending with new tools for categorizing cost data, reporting in local currencies, and consolidating capital project status and financial information.
In VFA.spendManager 8.0, a new multi-level cost structure enables customers to replicate the cost categories in their existing purchasing systems, the company states. VFA says this parallel structure allows greater accuracy in tracking forecast and actual expenses and facilitates the exchange of data between systems.
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