Expense Category
Software
What expense category does monday.com fall under?
Search for an expense to categorize

Answer

monday.com is categorized under the 'Software' expense category, specifically in the 'Project Management and Team Collaboration Software' subcategory.

Role of the Expense in Business

monday.com offers a flexible work operating system for task management, project tracking, and team collaboration, widely used by businesses for organizing workflows and enhancing team productivity.

Practical Example

A marketing agency using monday.com for project planning, team collaboration, and workflow automation would categorize these expenses under 'Project Management and Team Collaboration Software'.

Specialized Expense

For small businesses or individual users using monday.com for basic task management, it might be categorized under 'General Productivity Tools'.

Conclusion

monday.com's versatility in project management and team collaboration places it within the 'Software' expense category, particularly for managing and streamlining team projects.

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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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