PROBLEMS WE SOLVE - BY USE CASE

Resolving Data Sprawl

Organisations who manage IT expenses across multiple sources and systems have serious, sometimes insurmountable problems producing consolidated, reliable financial data. MagicOrange solves for data sprawl by unifying all IT expense data into a single platform, helping IT teams deliver error-free reports and real-time insights to their stakeholders.

Consolidate Data

For Clarity And Control

Respond Faster

With Confidence And Precision

Reduce Errors

With A Single Source Of Truth

Top Data Fragmentation Challenges

 

  • Multiple And Disparate Data Sources
  • Lack Of Reporting Agility And Accuracy

 

Compliance issues. Single person dependencies. Cost overruns. Backing the wrong investments based on faulty, misleading information. Managing an IT budget over dozens – sometimes hundreds – of spreadsheets and other siloed data sources results in scattered reporting built on inaccurate and untrustworthy data. It prevents IT executives and the finance teams that support them from offering reliable guidance to their stakeholders.

 

The Point: Scattered, undependable data undermines IT leaders and often impacts relationships with key stakeholders.

Use Case: Multiple And Disparate Data Sources

 

 

IT finance leaders seeking consolidated financial data 

Fragmented data. Multiple spreadsheets. Disparate systems. For many organisations, a reliance on scattered spreadsheets and financial tracking tools has created a data minefield. Juggling data from disparate, unconnected sources introduces a high risk of errors and inconsistencies. It jeopardises the accuracy of IT cost reporting.

What’s missing? A single source of truth for financial data that facilitates holistic views of all IT expenses.

Relying on fragmented data riddled with inaccuracies

IT costs – managed across scattered spreadsheets and siloed systems – poses a significant challenge for organisations. Unmanageable, fragmented financial data keeps executives from gaining a holistic view of IT expenditures and relevant cost drivers. Worse, it blinds them to inaccuracies and inefficiencies, leads to poor conclusions, robs them of opportunities to effect change and ultimately undermines their business partners’ trust.

Without centralized IT cost data, organizations struggle to optimize spending, identify cost savings, and make informed decisions.

 

 

 

– – How MagicOrange solves for data sprawl – –

Core Capabilities

A platform that consolidates your cost data across your entire IT estate and beyond.

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Key Features

Critical functionality that help you consolidate financial data and overcome data sprawl.

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Key Results

Outputs that empower practitioners and executives seeking a single source of truth.

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Use Case: Lack Of Reporting Agility And Accuracy

 

 

Poor response time and questionable accuracy

Reporting challenges create an enormous bottleneck for ITFM and FinOps practitioners. Data source fragmentation hinders an organisation’s agility to answer stakeholder queries quickly and reliably. Stakeholders want accurate answers delivered quickly. Failure to live up to these expectations undermines credibility and the perception of being a strategic partner.

What is missing? Seamless integration of data across systems and a powerful reporting engine.

No IT cost transparency

Without centralised data in a unified platform, ITFM and FinOps practitioners struggle to produce fast, accurate reports. Without a powerful reporting engine, sophisticated cost modelling and proper budgeting and forecasting tools, the stakeholders they support are effectively flying blind.

The lack of fast, reliable reporting diminishes agility, stifles collaboration and undermines confidence with key stakeholders.

 

 

 

– – How MagicOrange Inspires Agility And Confidence – –

Core Capabilities

A platform that delivers insights fast to all stakeholders.

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Key Features

Critical functionality that delivers the reports and insights needed in real time.

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Key Results

Outputs that empower practitioners and executives seeking flexible, tailored reporting.

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A Consolidated System Of Record

The MagicOrange Advantage

Consolidated IT cost management

Centralise your financial data. Eliminate manual tasks and reduce errors. Foster data confidence and become a trusted source of knowledge and insight.

Faster answers, stronger relationships

Eliminate frustration and delays. Deliver precise answers questions of cost in seconds or minutes – not hours or days. Build trust, confidence and strong relationships with stakeholders so you can drive informed decision-making across your organisation.

Stronger data governance and control

Ensure compliance and mitigate risks associated with data sprawl. Establish a single source of truth for all financial data, Simplify data management and ensure consistency across operations.

 

Stop Drowning In Spreadsheets!

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