What is Spend Ceiling?
A Spend Ceiling is a defined limit set on the amount of money that can be spent by a department or team on SaaS tools, ensuring that spending stays within approved budgets.
Why it Matters
It ensures budget control and prevents teams from exceeding their financial allocations, promoting more disciplined and responsible spending across the organization.
Benefits
- Controls departmental budgets
- Prevents overspending
- Enhances financial discipline
- Supports strategic budget planning
