What is Baseline Spend Reports?
Baseline Spend Reports provide an initial snapshot of current software and cloud expenses across all tools and departments. This report sets the financial foundation for future optimization efforts and budget planning.
Why it Matters
Establishing a financial baseline is critical to measuring progress in cost optimization. Without knowing where spending begins, it's difficult to evaluate savings or identify waste. This report helps track performance over time and aligns IT strategy with fiscal responsibility.
Benefits
- Initial cost benchmark for all SaaS tools
- Helps quantify future savings
- Enables accurate historical comparisons
- Forms basis for budget forecasting and planning
