CostLens for Showback/Chargeback models
Drive accountability for consumption of shared Technology costs to 'co-drive' reductions through Showback/Chargeback
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Showback influences behaviour.
Behaviour drives reductions.
Shared Technology departments typically service multiple Business Units and Product lines. They deliver enormous cost efficiencies through amalgamation of contracts and centralisation of skillsets. They are designed to deliver the best unit cost economics but are not always in control of the overall costbase. Consider this,
In this scenario, it is critical to understand the cost levers that contribute to "unit costs" vs those that drive "No. of units".
Furthermore, it is often very common for only tangible aspects of the costbase such as people are visible - but a lot of intangibles such as infrastructure and shared platforms are beneath the surface.
CostLens helps optimise costs by automating a standards-aligned, consumption-based showback/chargeback model.
the challenges it solves
IT is expensive
sharing
lower revenue
Product Profitability
Division-level bonuses
CostLens automates industry-aligned Showback charges
with several out-of-the-box features
Automation that eliminates 80% of the manual effort
Automation of Showbck / Chargeback reports in multiple perspectives
The reports can be broken into the TCO (Total Cost of Ownership) of Services consumed to drive accountability.
Similarly, the fully loaded costs of Functional Groups drives accountability from the infrastructure layer.
Automation of complex variance in terms your audience understand
Not only can you compare any two periods; but you can also express this variance in terms of familiar financial ledger dimensions such as cost-centre, legal entities, etc. Additionally, you can express this variance in terms familiar to your audience.
A pre-built Cost modelling engine aligned to industry-standards
An out-of-the-box engine with pre-defined cost algorithms that understands the cost domain - so simply uploaded your data and the system will do the rest.
If you are interested in expressing your costs in terms of Supply and Demand economics, talk to us
choose a convenient time-slot between multiple meeting formats
Evaluate CostLens tailored to your role
for CIOs & Technology teams
seeking to control costs and demonstrate value
for CFOs & Finance teams
seeking automation of Cost Reports & Cost Modelling
for Strategy Consultants
seeking advance Cost Insights at speed
for ITSM Experts
seeking to extend the value beyond Operations
Our views on trending Showback-related topics
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