What is Spend Lifecycle Map?
The Spend Lifecycle Map provides a visual representation of the entire software purchasing and usage lifecycle, from initial procurement to offboarding.
Why it Matters
It helps organizations track and manage their SaaS expenditures over time, ensuring that spending is aligned with business needs and that licenses are optimized throughout their lifecycle.
Benefits
- Visualizes entire spend lifecycle
- Tracks spending trends
- Optimizes license usage
- Supports budget forecasting
