# What is HR Software Budget Approval?

Budget approval is leadership sign-off for HR software costs. SMEs must present ROI and TCO.

Source: https://faqtic.co/glossary/hr-software-budget-approval

## Why it Matters for SMEs

- Unlocks purchase
- Aligns finance
- Reduces delays

## Example in Practice

CFO approves Factorial after ROI case.

## Frequently Asked Questions

### Why approval?

To release funds.

### Who approves?

CFO, leadership.

### Factorial case?

Templates available.

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