What expense category does Apollo.io fall under?
Audrey Carroll, Senior Manager, Accounting, RampSee how Ramp automates accounting for 25k+ businesses
Answer
Apollo.io confidently fits into the 'Software' expense category, specifically under the 'Sales Engagement and Intelligence Software' subcategory.
Role of the Expense in Business
Apollo.io is a powerhouse for sales teams, offering tools for lead generation, sales intelligence, and email outreach, crucial for businesses aiming to supercharge their sales processes.
Practical Example
A sales team using Apollo.io for streamlining lead generation and executing targeted outreach campaigns would categorize these expenses under 'Sales Engagement and Intelligence Software'.
Specialized Expense
For smaller businesses or startups using Apollo.io for basic lead management, it might be categorized under 'General Sales Tools'.
Conclusion
Apollo.io's commanding presence in the 'Software' expense category is marked by its comprehensive suite of sales engagement and intelligence tools.
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.
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