One Source, a provider of technology expense management solutions, has launched Cloud Expense Management, a new feature within its Managed Technology Expense Management Platform designed to help enterprises gain deeper visibility and control over cloud, data center, and hosted service costs.
As organizations accelerate cloud adoption, many are struggling with rising costs and limited transparency into where spending occurs. The new solution addresses this challenge by centralizing expense data, simplifying vendor billing analysis, and delivering a unified view of technology expenditures.
“Our clients face mounting complexity in managing technology spend across multiple providers and platforms,” said Jared Parker, Head of Marketing and Partnerships at One Source. “We deliver the tools, data, and reporting necessary to fully understand and control those costs, while enabling our partners to deliver targeted optimization strategies based on accurate, actionable information.”
Also Read: Virtana Partners with NVIDIA to Advance AI Factory Observability at Scale
Key capabilities of Cloud Expense Management include:
-
Centralized Expense Tracking: Consolidated reporting across multi-cloud, data center, and hosted environments.
-
Billing History and Analytics: Customizable analytics and spend history at both provider and enterprise levels.
-
Detailed Usage Insights: Actionable data to uncover savings opportunities.
-
Comprehensive Visibility: A single interface for monitoring all technology-related expenses.
By integrating these capabilities, One Source enables businesses to make more informed financial decisions, optimize resource allocation, and reduce unnecessary spend. The platform also strengthens collaboration with optimization partners, ensuring that cost strategies are built on accurate and reliable data.
With the introduction of Cloud Expense Management, One Source reinforces its role in helping enterprises navigate the financial complexities of cloud-driven transformation while maintaining control, efficiency, and strategic alignment.