Platform
MagicOrange Prism
Creating Value through Transparency. MagicOrange is a cloud-native product designed to drive transparency and simplicity into your profitability and costing processes. Discover the drivers of cost and profitability while providing easy-to-understand insight for all stakeholders involved.
Capabilities Of
The MagicOrange Prism
Bill Of Services
Enable Showback And Chargeback
Produce a granular, defendable bill of services
- Clearly show what and why costs are charged to cost centres
- Drive positive behaviour around cost accountability
- Empower consumers to understand how to control costs
Self Service BI
Gain Insights Into Profitability And Costs
Cutting edge dashboards and analytics provide meaningful decision support
- Empower cost centre owners and consumers through self-service analytics
- Drill down into areas of interest and investigate with powerful analysis tools
- Designed to provide relevant views and insight for executives, managers and consumers
Total Cost of Ownership
Manage The True TCO Of Products And Services
Determine the true cost of delivering products and services
- Transparently show direct and indirect costs charged to each product and service
- Discover outlier product and service costs
- Identify TCO trends over time
Unit Rates
Calculate The Unit Cost Of Providing Services
Provide consumers a way to understand the impact of their consumption
- Automatically account for both direct and indirect cost inputs
- Integrated calculation engine is designed to scale for large volumes
- Prevent bad patterns of consumption by showing how unit rates are determined
Profitability Modelling
Build Easy To Understand Models
Build credibility through transparent self-service visual models
- Flexible modelling and allocation capabilities
- Integrated pricing engine designed to handle granular allocation detail
- Visually trace how revenue and costs flow through models
ITFM & TBM
Run It Like A Business
Implement a value management framework for decision making by CIOs, CTOs, CFOs and their teams.
- Reveal true costs and consumption of services, projects, infrastructure, apps and more
- Measure TCO, enabling tackling of technical debt and other often-hidden costs
- Create productive conversations using a common language between IT, Finance, and Business Units
Best in Class Reporting
All included as standard in MagicOrange Prism
Tell your story using the Gartner Magic Quadrant leading data and analytics tool, Microsoft Power BI
- Leverage Power BI for rich, interactive and compelling visualisations with unlimited detail
- Automate monthly reporting with a single click
- Allow stakeholders to explore your ITFM data and answer their own queries
- Get going quickly with out-of-the-box template reports and data models
Service Catalog
User Friendly Service Catalog
Provide an easy way for employees to understand the services in your organisation
- Allow business users to see relevant details about services they are being charged for
- Powerful search to find services quickly
Resource Planning
Accurately Plan Resource Costs For Projects And Services
Efficiently forecast and track time spent on projects and services
- Increase credibility of project and service charges based on actual time spent
- Plan resource time ahead for use with budgeting cycles
- Automatically use time allocations as a basis within cost allocation models
Benefits of Using MagicOrange Prism
MagicOrange Cost Transparency unlocks cost optimisation opportunities for businesses by producing targeted, actionable information relating to business costs.
Make Data-Driven Decisions
Increase decision-making quality within your organisation through accurate insight into the costs of running your shared services.
Drive Business Value
Convert the conversation from cost to value and create a common language for service providers and service consumers to talk to each other.
Reduce Manual Effort
Spend more time analysing and less time managing data and spreadsheets. Moving your processes out of manual spreadsheets drives efficiency, accuracy and ensures your people can spend their time adding value to your organisation.
