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What expense category does Agora fall under?
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Agora usually claims its place in the 'Software' expense category, under the 'Real-Time Communication and Engagement Software' subcategory.
Role of the Expense in Business
Agora revolutionizes real-time communication, offering a platform for voice, video, and live interactive streaming, indispensable for businesses focusing on engaging communication experiences.
Practical Example
A tech company using Agora for integrating real-time video and voice communication in its apps would categorize these expenses under 'Real-Time Communication and Engagement Software'.
Specialized Expense
For startups or small businesses using Agora for basic communication features, it might be categorized under 'General Communication Tools'.
Conclusion
Agora's robust approach to real-time communication and engagement firmly places it within the 'Software' expense category, particularly for its cutting-edge communication technologies.
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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.
Steve Padis, 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.
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