logo

Forescribe Glossary

What is Budget Impact Simulator?

The Budget Impact Simulator is a dynamic planning tool that lets teams model how changes in app usage, contracts, or renewals will affect future budgets.

Why it Matters

It allows decision-makers to forecast the financial outcomes of specific scenarios—like switching vendors or increasing licenses—so they can choose cost-effective strategies.

Benefits

  • What if analysis for financial planning
  • Simulate renewals, terminations, upgrades
  • Visual budget impact modeling
  • Supports data driven decisions
glossary image

Subscribe to Forescribe Weekly

The latest news and updates from Forescribe, sent to your inbox.