Creating Value through Transparency. MagicOrange is a cloud based 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.
Benefits of Using MagicOrange Core
MagicOrange Cost Transparency unlocks cost optimization opportunities for businesses by producing targeted, actionable information relating to business costs.
Make Data-Driven Decisions
Increase decision making quality within your organization 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 analyzing 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 organization.
The MagicOrange Core
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
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
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
Identify Opportunities For Cost Saving
Review how well or under-utilised your existing assets and services are
- Determine the cost of under-utilized infrastructure assets such as servers
- Gain insight into which areas need attention
- Drive efficient cost management practices
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
MagicOrange brings transparency into direct and indirect costs charged to each product & service and therefore can help you determine the true TCO
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
User Friendly Service Catalog
Provide an easy way for employees to understand the services in your organization
- Allow business users to see relevant details about services they are being charged for
- Powerful search to find services quickly
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
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
MagicOrange’s Cloud Insights feature gives you transparency into, and control over, your Cloud spend.
Cloud has fundamentally shifted the IT landscape and global adoption of Cloud services has accelerated exponentially. If your organization is taking advantage of the enhanced value and flexibility offered by the Cloud, MagicOrange enables full and automated visibility into your Cloud spend.
Benefits of Using MagicOrange Cloud
Cost Management Through Transparency
Gain complete visibility into your Cloud costs and benefit from frequent visibility to detect trends and anomalies. Waiting for month-end is not an option with the Cloud.
Management of Tags
Cost models require appropriate tagging to identify beneficiaries and consumers of Cloud services. Within Magic Orange, you can slice and analyze your costs by tags, and identify master data that may need remediation. Changes can easily be reintroduced.
Integrate Cloud costs into your existing ITFM/TBM model to monitor Total Cost of Ownership (TCO) and compare this to on-premise options.
Cloud data can be voluminous and immensely granular. Standardizing this data enables easy inclusion into your cost allocation model.