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MagicOrange: Profitability and Cost Management Platform

Magic Orange

MagicOrange: Profitability and Cost Management Platform

Magic Orange

Gain insights into the drivers of profitability and cost with increased transparency

Are your IT teams tasked with finding duplicative or inefficient spend to reduce painful waste? Struggling to understand expenditures given multiple spreadsheets and other tracking tools?

MagicOrange provides executive teams with a unified and innovative approach to strategic financial planning. Operating at the convergence of ITFM, FinOps, and shared services, MagicOrange provides crystal-clear line of sight into expenses and cost-drivers. With clear line of sight comes indisputable traceability, accountability and the data necessary to drive profitability and investment decisions. Know your numbers.

Key Functionalities:

  • Granular Cost and Profitability Analysis: MagicOrange unveils the underlying factors influencing both cost and profitability, enabling organizations to dissect their financial landscape with unparalleled precision.

  • Democratization of Insights: MagicOrange translates complex financial data into readily comprehensible visualizations, ensuring accessibility of critical information for all stakeholders, regardless of their financial expertise.

  • Cost Optimization Potential: MagicOrange facilitates the identification of areas ripe for cost reduction through a data-driven approach.

  • Scenario Simulation: The platform empowers users to conduct what-if analyses, simulating the financial ramifications of various business decisions on profitability and cost structures. This enables informed decision-making with a clear understanding of potential outcomes.


Benefits:

  • Enhanced Decision-Making: By equipping users with accurate cost insights, MagicOrange empowers them to make strategic choices that maximize organizational profitability.

  • Value-Centric Conversation: MagicOrange fosters a shift in organizational discourse, transitioning from cost-centric discussions to a focus on value creation.

  • Increased Efficiency: The platform automates tedious manual processes associated with data management and spreadsheet manipulation, freeing up valuable time for in-depth analysis and strategic planning.


Solutions supported:

  • Profitability, Costing, and Chargebacks
  • Planning and Scenario Analysis
  • Cost to Serve
  • Carrying Cost
  • Service Catalog
  • Activity-Based Costing
  • Return on Marketing Investment
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