What is Shadow Budget Visibility?
Shadow Budget Visibility refers to tracking and identifying unapproved or unauthorized software spending occurring outside the formal procurement processes.
Why it Matters
It ensures that all spend is captured, including shadow IT purchases, enabling better control over the organization's total software budget and minimizing the risk of untracked expenses.
Benefits
- Tracks unapproved spending
- Prevents budget overruns
- Improves overall cost visibility
- Ensures full expense reporting
