One Source Launches Cloud Expense Management to Deliver Unmatched Visibility and Control Over Cloud, Data Center, and Hosted Service Costs

RALEIGH, N.C.--(BUSINESS WIRE)--One Source, a leader in technology expense management solutions, today announced the launch of Cloud Expense Management, a powerful new capability under its Managed Technology Expense Management Platform. This latest addition equips organizations with the visibility, reporting, and oversight they need to manage cloud, data center, and hosted service expenses with precision and confidence.

With the rapid growth of cloud adoption, many businesses are seeing technology costs rise sharply, often without a clear view into how those costs are generated or where they can be reduced. One Source Cloud Expense Management centralizes cost data, streamlines vendor billing review, and provides a single source of truth for managing these critical expenditures.

“Our clients face mounting complexity in managing technology spend across multiple providers and platforms,” said Jared Parker, Head of Marketing and Partnerships, 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.”

Key Capabilities of One Source Cloud Expense Management:

• Centralized Expense Tracking – Consolidated cost reporting across multi-cloud, data center, and hosted environments.
• Billing History and Analytics – Robust analytic platform provides customizable reporting on spend history at both the provider and corporate level.
• Detailed Usage Insights – Data that enables customers and our optimization partners to identify cost-saving opportunities.
• Comprehensive Visibility – A single pane of glass for all technology-related expenses.

With the addition of cloud expense management, One Source empowers customers to gain a complete and accurate understanding of their cloud spend: creating the foundation for informed decision-making and strategic optimization through their trusted partner network.