Forescribe Glossary
What is Zero-Based SaaS Budgeting?
Zero-Based SaaS Budgeting is a financial planning process where budgets are built from scratch, focusing on the actual needs of the organization rather than relying on previous budgets.
Why it Matters
Zero-based budgeting helps businesses eliminate inefficiencies by evaluating each software expense based on its necessity and value. This approach ensures that only relevant and cost-effective tools are included in the budget.
Benefits
- Builds budgets from scratch, not based on past costs
- Eliminates inefficiencies in software spending
- Promotes cost-effective software investments
- Ensures alignment of software expenses with organizational needs
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