Keywords

Resources

One-click financing for invoices—now part of Ramp’s fastest-growing service, Bill Pay

No items match your query.

Try expanding your search.

Show all results

What expense category does Snowflake fall under?

Audrey Carroll

Senior Manager, Accounting, Ramp

Search for other categories

Let Ramp automate your expense categorizations

Learn more

Get Ramp

Answer

Snowflake confidently occupies a spot in the 'Software' expense category, under the 'Cloud Data Warehousing and Analytics Software' subcategory.

Role of the Expense in Business

Snowflake revolutionizes data warehousing with its cloud-based platform, offering scalable storage and powerful analytics, indispensable for businesses harnessing large-scale data processing.

Practical Example

An enterprise leveraging Snowflake for cloud data warehousing and advanced analytics would categorize these expenses under 'Cloud Data Warehousing and Analytics Software'.

Specialized Expense

For smaller organizations using Snowflake for less intensive data storage and analysis, it might be categorized under 'General Cloud Services'.

Conclusion

Snowflake's commanding presence in the 'Software' expense category is underscored by its unparalleled capabilities in cloud data warehousing and analytics.

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.

“Accurate classification of expenses is vital for businesses as it forms the backbone of financial reporting, tax compliance, and strategic decision-making. It enables businesses to track and analyze their spending patterns, identify cost-saving opportunities, and assess the profitability of various operations or projects. Having a single source to turn to for accounting classification suggestions, such as the Ramp Expense Classifier tool, is immensely helpful as it provides consistency, reduces ambiguity, and streamlines the expense classification process.”

Audrey Carroll

Senior Manager, Accounting, Ramp

Tired of manually categorizing expenses? See how Ramp can automate this for you in the demo below

Products

Solutions

Platform

Customer Stories

Partners

Accountants

Popular

Free Tools

Ramp Business Corporation
28 West 23rd Street, Floor 2
New York, NY 10010

Join the 25,000+ businesses simplifying their finances with Ramp

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form.

The Ramp Visa Commercial Card and the Ramp Visa Corporate Card are issued by Sutton Bank and Celtic Bank (Members FDIC), respectively.

1. We calculate average savings as a percentage of an illustrative customer's total card spending when using Ramp features designed to reduce business expenses. Keep in mind that this percentage is an estimate, not a guarantee. Ramp delivers savings from more than just card spending; savings can also come from non-card expenses so we may factor decreases to non-card spending into our calculation. For example, savings may result from reduced time spent on manual expense tracking, the financial benefit of cash back or other rewards, smarter expense monitoring, and eliminating costs associated with alternative solutions. Our calculations are based on platform data, industry research, customer surveys, and info on alternative options. Your actual savings may vary.

Please visit our Terms of Service for more details. Read our Editorial Guidelines and Privacy Policy.

Ramp Payments Corporation - NMLS 2371465, Ramp Financing Corporation - NMLS 2431387