White Paper & Industry Reports
Whitepaper – Cost Transparency Shaping Business Demand
WHAT IS COST TRANSPARENCY? To put it simply, Cost Transparency is a term used to describe the tracking within the organization of the total cost required to provision and maintain products and services for the benefit of the enterprise.
It is also about establishing what different products and services exist, what they cost and how they relate to each other and to the business.Â
Cost Transparency is the answer, as it is designed to provide business, finance and Shared Service owners with detailed and meaningful insights into their respective areas. It creates both visibility and understanding of the costs and volumes of their entire Shared Service product and service portfolio, enabling the organization to make informed and fact-based strategic and tactical decisions concerning its Shared Service investments.Â
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