Common ITFM, FinOps, and Shared Services Use Cases
The IT landscape is constantly evolving and traditional IT financial management tools and methods are not keeping pace. MagicOrange recognises this challenge. That’s why we offer an integrated suite of ITFM, FinOps and Shared Services cost management solutions specifically designed to address what today’s organisations need to stay competitive.
Navigating the complexities of cost management
Are you grappling with the challenges of optimising cost allocation, ensuring transparency in financial processes and aligning budgeting strategies with organisational goals? Streamlining operations is a constant struggle for every single enterprise. That struggle is made more challenging by the demands placed on you and your teams to keep up with constantly evolving technology and shifting business priorities. MagicOrange excels at helping the world’s largest enterprises meet these challenges.
Resolving Data Sprawl
Combat spreadsheet sprawl with enhanced IT cost transparency tools
Juggling multiple spreadsheets and other data sources to track IT costs creates a data nightmare. MagicOrange offers a centralised platform to consolidate and analyse your expense data and provide indisputable traceability across all cost elements.
Eliminating Wasteful IT Spend
Drive cost efficiency by reducing IT budget waste
Inefficient IT spending can quickly drain your budget. MagicOrange provides real-time insights into your IT costs, allowing you to identify areas for optimisation and eliminate wasted resources. Whether you are rationalising applications or managing cloud cost across multiple environments, the MagicOrange platform offers the tools you need to be successful.
Producing A Clean Bill Of IT
Achieve IT cost transparency with detailed IT spend analysis
Understanding your true “Bill of IT” is crucial for effective budgeting and planning. MagicOrange reveals hidden costs, helps you communicate showback and chargeback with full transparency and provides stakeholders around the organisation with fast, easily accessible and highly granular reporting capabilities.
Learn how MagicOrange can help deliver a transparent Bill of IT
Guiding Digital Transformation
Ensure digital transformation projects are run efficiently and effectively
With the surge in migration to cloud platforms and other major digital modernisation initiatives, IT financial management and FinOps capabilities play an increasingly critical role. With MagicOrange, large scale digital transformation projects – including cloud migrations – can be scoped, sequenced, executed with precision and financial governance and managed properly over time. MagicOrange helps CIOs and their teams ensure the right transformative projects are selected, stay within budget, arrive on time and offer sustainable gains in efficiency and productivity.
Driving Profit Optimisation
Maximise margin improvement leveraging sophisticated ITFM functionality
By offering comprehensive financial management and tracking tools, MagicOrange empowers IT, finance and business line leaders to make informed decisions, prioritise strategic investments, improve processes and enhance overall profitability across portfolios of products and services.
