Download the full case study to see how MagicOrange enabled a leading European bank to enhance VAT precision, reduce IT costs, and accelerate FinOps maturity.
CUSTOMER SUCCESS
Driving Financial Accuracy and Efficiency Across Hybrid IT
Under mounting regulatory and cost pressures, this bank leveraged MagicOrange to implement a usage-based cost allocation model that distinguishes recoverable from non-recoverable IT spend. By applying FinOps principles, the bank improved VAT recovery by €1.5M and identified €5M in anticipated infrastructure savings. This unified financial view fosters transparency, audit readiness, and ongoing optimization across applications, business units, and hybrid environments.