Forescribe Glossary
What is Expense Rationalization Index?
A measure that evaluates the effectiveness and efficiency of software spending, taking into account cost savings, value delivery, and alignment with business goals.
Why it Matters
The expense rationalization index helps organizations assess whether their software spend is delivering value, encouraging smarter, more strategic investment in software tools.
Benefits
- Assesses software spend effectiveness
- Measures cost efficiency and value delivery
- Helps prioritize software investments
- Encourages strategic spending aligned with business goals
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