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Forescribe Glossary

What is Termination Cost Tracker?

The Termination Cost Tracker helps organizations track the financial impact of offboarding or discontinuing the use of software tools, including penalties, fees, or costs to transition away from a tool.

Why it Matters

It enables businesses to understand and manage the costs involved in software termination, ensuring a smooth offboarding process.

Benefits

  • Tracks termination fees and costs
  • Ensures smooth transition when offboarding tools
  • Reduces unexpected costs associated with termination
  • Helps in calculating long-term savings post-offboarding
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