demonstrates how the IT Cost Analyst Team would benefit from select IT Financial Management functions covering Cost Transparency, Showback/Chargeback and Cost Control features
made even more challenging by the complexity of each of these layers.
Cost allocations requires weaving together all layers - the Legal Entity structure, Operating Model, Technology Infrastructure, supporting Corporate functions and Revenue model. However, increased complexity in each of these layers has rendered traditional methods obsolete.
For example: Modern enterprises typically operate a multitude of legal entities spread over multiple jurisdictions. The pandemic has increased spend on digital and Technology; with a substantial rise in intangible assets - further contributing to complexity.
CostLens handles this complexity out-of-the-box.
Board-ready Best Practice Cost Transparency and Showback reports.
automates cost modelling with pre-built algorithms for industry-aligned cost allocations, offers a NoCode interface for custom cost allocations.
ISO 27001 certified and compliant with UK, EU and US data protection regulations.
pre-built cost algorithms for industry-aligned allocations, and, a NoCode interface for custom cost algorithms.
Board-ready Best Practice Cost Transparency and Showback reports with a powerful custom reporting interface for complex, ad-hoc scenarios
ISO 27001 certified and compliant with UK, EU and US data protection regulations
Enable single-sign on capabilities to manage user permissions internally
underpinned by a big-data engine tested to 40 billion records
Built-in versioning of input datasets, Reports and Cost configurations
A single repository for all advanced metrics
Evaluate CostLens tailored to your role
seeking to control costs and demonstrate value
seeking automation of Cost Reports & Cost Modelling
seeking advance Cost Insights at speed
seeking to extend the value beyond Operations
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