Expense Category
Software
What expense category does New Relic fall under?
Search for an expense to categorize

Answer

New Relic is categorized under the 'Software' expense category, specifically in the 'Application Performance Monitoring and Management Software' subcategory.

Role of the Expense in Business

New Relic offers application performance monitoring solutions, widely used by businesses and IT teams for real-time monitoring and optimization of software applications.

Practical Example

A tech company using New Relic for monitoring and optimizing the performance of its web applications would categorize these expenses under 'Application Performance Monitoring and Management Software'.

Specialized Expense

For smaller projects or businesses using New Relic for basic performance monitoring, it might be categorized under 'General IT Management Tools'.

Conclusion

New Relic's specialization in application performance monitoring and management places it within the 'Software' expense category, particularly for monitoring and optimizing software applications.

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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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