Solutions by role: IT Finance

Control Costs And Build Value Of Your Business

IT Financial Management (ITFM) / TBM

ITFM (& TBM) reveals the true cost of delivering IT products and services. It helps organizations optimize IT spend and increase profitability. See how MagicOrange can expedite your ITFM or TBM journey by providing enhanced insights to your processes.

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Shared Services Profitability & Costing

Understanding the true profitability in a Shared Services environment can be difficult. With MagicOrange you can accurately model the complex provider-consumer relationships and allocate shared services costs using measurable and controllable drivers.

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Cost Allocations & Modelling

Cost allocations are vital to organizations leveraging a Shared Services operating model. MagicOrange can accommodate any cost allocation model and bring insight, stability, security and automation to your cost allocation process.

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Cost Optimization

With total cost transparency, uncover opportunities to reduce inefficient spend and redirect funds to higher value initiatives. Utilizing MagicOrange you will promote cost accountability by cost center owners with clear facts around usage and cost.

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Showback & Chargeback

Showback and Chargeback allow informed decisions around Shared Services consumption. Use MagicOrange to introduce a showback / chargeback process or increase the cadence and automation of an existing chargeback or showback process.

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Planning & Analysis

Support finance's efforts to manage financial planning, budgeting, modeling, and performance reporting. MagicOrange reduces the turnaround time for budget and forecast cycles and allows you to spend more time gaining valuable insights.

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Cloud Costing

Maximize value from cloud by clearly understanding the usage and drivers of all cloud spend. MagicOrange enables you to automatically connect into Azure, AWS or Google Cloud Platform to control cloud costs and promotes fair showback or chargeback.

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Technology Business Management

Management framework that helps IT departments to achieve their potential

MagicOrange offers TBM solutions to provide technology leaders with standards and validated best practices to communicate the cost, quality, and value of IT investments to their business partners. Successful TBM solutions implemented with MagicOrange include 5 major focus areas: Taxonomy & Service Catalog, Cost Model, KPI Metrics, IT System and Operational Framework.

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