Forescribe Glossary
What is AI Spend Optimization?
This refers to the continuous, AI driven analysis of SaaS usage and billing data to identify cost-saving opportunities, recommend optimizations, and even automate rightsizing actions across apps and teams. It evaluates license utilization, subscription overlaps, user inactivity, and contract terms.
Why it Matters
SaaS spend often goes unnoticed until it's too late. This feature brings intelligent automation to FinOps and software asset management, ensuring budgets are used efficiently and only on tools that deliver value.
Benefits
- Automated detection of wasted spend
- AI-based license recommendations
- Identifies underutilized or redundant apps
- Continuous monitoring and alerting
- Reduces overspending through data-driven decisions
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