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- Why is there a difference between "Cost" and "Spend"?
Why is there a difference between "Cost" and "Spend"?
Zluri gives you two metrics to monitor cost for any contract.
Cost: Obtained from the contract value
Spend: Obtained from the actual transactions.
Let's say a 12 month contract is starting from 01-Jan-2022 uptill 31-Dec-2022 for 100 users at a cost of $3 per user. The cost for the month of January gets calculated as $300. Now let's say there are additional 20 users for which license is purchased in the month of March. Cost for the month of March is calculated as $60. Similarly if there are 30 more users added in the month of September, The cost for September is calculated as $90.
The spend is not calculated as such. It is the actual spend for the particular app as recorded in the transaction csv or financial systems.
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Zluri gives you two metrics to monitor cost for any contract.
Cost: Obtained from the contract value
Spend: Obtained from the actual transactions.
Let's say a 12 month contract is starting from 01-Jan-2022 uptill 31-Dec-2022 for 100 users at a cost of $3 per user. The cost for the month of January gets calculated as $300. Now let's say there are additional 20 users for which license is purchased in the month of March. Cost for the month of March is calculated as $60. Similarly if there are 30 more users added in the month of September, The cost for September is calculated as $90.
The spend is not calculated as such. It is the actual spend for the particular app as recorded in the transaction csv or financial systems.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article