💰 Make More Money! 💰 Join 4 trailblazers in venue marketing on December 12 for a panel discussion focused on marketing shows, events and tours.

Learn More
Alex and Andrew Jensen, founders of NoonChorus, join Opendate to Launch Groundbreaking Venue Management Solutions

NEW PRODUCT: Opendate Launches New Finance Features

Watch the demo recording of our new Finance Features, plus insight into Opendate ticketing and more.
Written by
Joel Hubartt
Published on
November 27, 2023

"Did I actually make any money on that show?"

If you've asked yourself this question, then you're going to love Opendate's new Finance features! Watch the full demo from our webinar here.

Take the guesswork out of your venue's P&L for each show with Opendate's Profit & Loss dashboard.

With Opendate's newest features, you now have a P&L dashboard that shows a real time view of:

  • Tickets sold to forecast
  • Amount of income generated vs gross potential
  • Where your venue is on expenses

View a breakdown of income streams and expense line items, providing a detailed recap of what you thought would happen with estimates vs your actuals. All informations is driven off of Opendate's robust finance section where venues can input expected income and expenses. Opendate's rich integrations with Toast and Homebase for payroll offer data to make venue owners' lives easy and automated.

Estimate expenses vs actuals with Event Templates.

Within your event template, estimate a set of assumptions per event. Then, when you go to our venue's calendar, you can specify which template(s) apply to specific events. This template then drives incomes and assumptions without entering any data manually.

Ensure deposits are accounted for correctly.

Opendate's new finance features also allow venue owners to estimate terms of a deposit. Specify whether the deposit is a % of the guarantee or a flat amount, as well as the due date. Then, back at the event's page in Opendate, teams can view Deposits in the new finance section and mark whether or not it is paid. When paid, Opendate moves this to settlement so it's accounted for correctly.

Get in Touch with a Team Member
Talk to Opendate
Latest posts

More from the blog

Tips, guides, best practices, and news.

Introducing Opendate's New Series: Make More Money!

Subscribe for regular tips from venue owners and managers alike on the unique and effective ways they're growing their business.
Read post

3 Features that make Opendate the fastest automated ticketing experience in the industry

Tickets are a HOT commodity, so you want to have a ticketing system that is easy for your employees to use. Less time spent on ticketing equals more time to plan your event to wow fans and focus on additional revenue streams, like add-ons and upgrades.
Read post