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Forescribe Glossary

What is Cost Cluster™?

A categorization system that groups applications based on their spending patterns, allowing businesses to easily track and manage software costs in clusters of similar tools.

Why it Matters

Enables businesses to identify where they are spending the most on software and find opportunities for optimization, ensuring that cost clusters align with business goals.

Benefits

  • Simplifies cost management by grouping tools
  • Identifies cost-saving opportunities
  • Supports efficient budget allocation
  • Enables tracking of spend clusters across departments
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