What expense category does Vanta fall under?
Audrey Carroll, Senior Manager, Accounting, RampSee how Ramp automates accounting for 25k+ businesses
Answer
Vanta is categorized under the 'Software' expense category, specifically in the 'Security and Compliance Automation Software' subcategory.
Role of the Expense in Business
Vanta offers automated security and compliance solutions, essential for businesses in maintaining cybersecurity standards and compliance with regulations.
Practical Example
A tech company using Vanta for continuous security monitoring and compliance automation would categorize these expenses under 'Security and Compliance Automation Software'.
Specialized Expense
For smaller businesses using Vanta for specific compliance audits, it might be categorized under 'General Security Tools'.
Conclusion
Vanta's specialization in security and compliance automation places it within the 'Software' expense category, particularly for cybersecurity and regulatory compliance.
As we scale we need tools that are built to scale with us - we need to see expenses real time, we need to see duplicate spend. These types of insights are important to the health of our business.
SVP Finance & Strategy, Barry's
The information provided in this article does not constitute legal or financial advice and is for general informational purposes only. Please check with an attorney or financial advisor to obtain advice with respect to the content of this article.
Learn more about our Expense Management software.