What Does Tech Expense Management Software Mean?

IT expense management software is programming that provides an organization with full visibility into what budget is being spent on information technology. Full visibility includes how much budget is being spent, why it is being spent and which department has authorized a specific purchase.

Techopedia Explains Tech Expense Management Software

IT often has one of the largest budgets in an organization and IT leaders are consistently challenged with proving their value to the business. The transparency that IT expense management software provides allows organizations to create savings in a number of ways that will reduce unnecessary costs.