What is Spend Approval Workflow?
The Spend Approval Workflow is a structured process that requires approvals before any SaaS purchase is made, ensuring that spending aligns with organizational policies and budgets.
Why it Matters
It helps control software expenses by enforcing governance, reducing impulsive or unapproved purchases, and ensuring that all expenditures are thoroughly vetted.
Benefits
- Enforces spending governance
- Reduces impulsive purchases
- Ensures budget alignment
- Streamlines approval process
