Forescribe Glossary
What is Self-Governed Procurement Zone?
A Self-Governed Procurement Zone is an environment where employees or teams are empowered to purchase SaaS tools independently, following pre-defined governance and policy rules set by the organization.
Why it Matters
It promotes agility and empowers teams to make quick decisions while ensuring compliance with organizational policies and budget constraints, reducing delays in acquiring necessary tools.
Benefits
- Empowers teams with autonomy
- Speeds up procurement process
- Ensures policy adherence
- Reduces administrative overhead
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