What is Spend Classification Engine?
The Spend Classification Engine categorizes SaaS expenditures by purpose, team, or department, providing a clear breakdown of where money is being spent.
Why it Matters
It improves financial transparency by providing granular insights into how each department is utilizing its SaaS budget, making it easier to identify areas for optimization or reallocation.
Benefits
- Categorizes spend for clarity
- Enhances budget visibility
- Improves decision-making
- Supports cost optimization initiatives
