Forescribe Glossary
What is Dynamic Cost Governance?
The ability to adjust and optimize cost control policies in real-time based on usage trends, allowing organizations to manage and monitor software spend dynamically.
Why it Matters
Dynamic cost governance helps organizations stay within budget by adapting to changing usage patterns, providing flexibility in managing software and cloud costs.
Benefits
- Enables real-time adjustments to cost policies
- Improves financial visibility and control
- Helps stay within budget despite changing conditions
- Provides better alignment between usage patterns and cost control policies
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