PROBLEMS WE SOLVE - BY USE CASE

Producing A Clean Bill Of IT

A clean bill of IT is as important to an organisation as it is elusive. MagicOrange delivers an indisputable bill of IT, delivering traceability and flexible, easily accessible reporting that fosters accountability. As a result, IT execs and finance teams are empowered to engage proactively with the business line and hold constructive dialogue around IT spend.  Together, they can explore IT consumption and spend data in a way that helps them make or curb purchasing decisions wisely.

Cost Transparency

With Precise Allocation

Custom Dashboards

For Stakeholder Collaboration

Clear Traceability

For Defensible Chargeback

Top Bill of IT Challenges

 

  • Indisputable Showback And Chargeback
  • Right Sized Reporting

 

Without crystal clear transparency into IT expenses and cost drivers, producing a defensible bill of IT is a virtually impossible task. Unfortunately, without the right toolset, meeting stakeholder needs for granular breakdown of IT costs is a daunting challenge. And for typical enterprises, ERPs in combination with Excel and other custom tools just don’t perform well at scale.

 

The Point:  A trusted bill of IT remains elusive for most enterprises. This can cripple acceptance of showback or chargeback programs and can make stakeholder-specific reporting a massive challenge.

Use Case: Indisputable Showback and Chargeback

 

 

ITFM and FinOps teams struggle to defend allocations

For many organisations, allocation methods lack the granularity necessary to withstand scrutiny. This undermines stakeholder confidence in the fairness and accuracy of the bill of IT. And it makes achieving consensus and trust around showback and chargeback nearly impossible. Effective collaboration between IT finance and the lines of business can stall when the business line is not convinced the tab is correct.

What’s missing? Detailed and transparent traceability of all cost elements and cost drivers.

Without transparency, cost allocation is not a team sport

Implementing a fair cost-basis can pose significant challenges. And not having transparency in chargeback models vastly increases the likelihood of disputes. Without visibility on how costs are calculated and distributed, those programs are at significant risk, including the loss of stakeholder trust and support leading to an unhealthy and adversarial relationship.

Without clear insights into fully loaded IT costs, building accountability for expenses and a team approach to IT investment is extremely challenging.

 

 

– – How MagicOrange CREATES WINNING CHARGEBACK PROGRAMS – –

Core Capabilities

Helping users gain the detailed insight that reveals true costs of services consumed.

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Key Features

Establishing a transparent and justifiable cost model, laying a foundation for trust.

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Key Results

Providing business units with precise cost data and fostering accountability.

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Use Case: Right Sized Reporting

 

 

Insufficient IT financial reporting capability

Many organisations struggle to provide robust, customisable cost analysis at the depth individual stakeholders need. This leads to skepticism about cost allocation methodology and a host of uncomfortable questions for IT leaders and the finance teams that support them. Strained conversations and diminished trust is often the result.

What’s missing? A solution that empowers business owners to track their expenses and shape their own IT roadmap.

Collaboration is impossible without a personalised bill of IT

A generic bill of IT won’t inspire business owners. It limits their ability to actively manage and prioritise their IT spend. Without the ability to directly engage with the data and run custom reports, stakeholders are not empowered to be active participants. Collaboration and transparency suffer. Accountability is replaced with indifference. And IT investments risk becoming misaligned with business needs.

Without the right platform, achieving a transparent, accessible and custom bill of IT remains an elusive goal. This gap hampers strategic alignment between IT investment and business goals and creates unnecessary friction between IT and business line leaders.

 

 

 

– – How MagicOrange Reporting reinforces trust for the bill of it – –

Core Capabilities

A platform that helps teams achieve a detailed understanding of expenses and cost drivers.

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Key Features

That align application stacks with business unit objectives during the bill of IT review.

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Key Results

Detailed and trusted chargeback and custom reports – easy to build and delivered fast.

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Presenting A Clean Bill Of IT

The MagicOrange Advantage

Robust showback and chargeback capability

All IT costs are traceable to the consuming departments or services and highly defensible. All reports are accessible by the business line on the MagicOrange platform. The same underlying data can be surfaced in a rich, Power-BI driven reporting suite to answer burning financial questions from across the organisation.

Best-in-class reporting

MagicOrange provides best-in-class, precision financial reporting. MagicOrange’s cloud-native reporting suite sparks strategic conversations across the organisation and fosters business line accountability so that every dollar is spent wisely.

Fast, flexible and easily accessible

MagicOrange leverages Power BI and is 100% cloud native. No bespoke reporting suites that require extensive training and the development of a non-transferable, undesirable skill set.  Reports are ready in seconds or minutes. No more waiting for hours-long processes to run.

 

Introduce Transparency To Your Stakeholders

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