What expense category does SYNNEX fall under?
Audrey Carroll, Senior Manager, Accounting, RampSee how Ramp automates accounting for 25k+ businesses
Answer
SYNNEX confidently occupies a spot in the 'Software' expense category, under the 'IT Distribution and Supply Chain Management Software' subcategory.
Role of the Expense in Business
SYNNEX is a leader in IT distribution, offering a wide array of IT products and services, crucial for businesses in technology procurement and supply chain management.
Practical Example
A technology solutions provider using SYNNEX for sourcing IT products and managing logistics would categorize these expenses under 'IT Distribution and Supply Chain Management Software'.
Specialized Expense
For smaller businesses using SYNNEX for occasional IT purchases, it might be categorized under 'General IT Procurement Tools'.
Conclusion
SYNNEX's commanding role in IT distribution and supply chain management categorizes it within the 'Software' expense category, particularly for its extensive technology distribution network.
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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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