What is Spend Velocity Alert?
The Spend Velocity Alert is a notification tool that triggers when SaaS spending exceeds forecasted rates, signaling potential budgetary issues.
Why it Matters
It allows teams to take corrective actions quickly, ensuring that SaaS spending does not spiral out of control and that the budget remains within acceptable limits.
Benefits
- Provides real-time budget alerts
- Prevents runaway spending
- Supports timely budget adjustments
- Enhances financial oversight
