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Forescribe Glossary

What is Budget Lock Feature?

Budget Lock is a control feature that freezes a department's or app's spend once it has been approved, preventing unauthorized changes or unplanned costs.

Why it Matters

It ensures financial plans remain intact after approval, avoiding last-minute changes or shadow spending that can skew financial reporting and operational transparency.

Benefits

  • Locks budgets post approval
  • Role based override permissions
  • Prevents unauthorized updates
  • Boosts accountability
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