Forescribe Glossary
What is FinOps Management?
The practice of managing financial operations related to IT and SaaS tools, ensuring that the cost of software assets is optimized and aligned with financial objectives.
Why it Matters
FinOps management provides financial oversight for software purchases and usage, enabling organizations to efficiently manage their technology costs and maximize ROI.
Benefits
- Optimizes software spending
- Aligns financial goals with IT operations
- Provides better visibility into technology costs
- Helps streamline budgeting and financial decision-making
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