Forescribe Glossary
What is Financial Guardrails?
Pre-set rules and limits that help organizations control and prevent overspending on software assets, ensuring that purchases align with the budget and strategy.
Why it Matters
Financial guardrails help organizations manage SaaS and software costs by setting clear parameters for purchasing and spending, minimizing the risk of cost overruns.
Benefits
- Prevents overspending by setting spending limits
- Helps align software purchases with budget and strategy
- Improves financial control and discipline
- Reduces the likelihood of unapproved or unnecessary expenses
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