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
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