A consumption-based product cost model ensures investments in high growth areas
A single source of truth with a repository of advanced metrics
Advanced cost metrics such as unit costs, TCO, fully loaded costs, etc
Granular, bottom-up analysis of costs
Accurate product profitability ensures better investments
Generates bottom-up benchmarks to industry peers
"Excel-magic" has its limitations.
There are significant operational limitations with bottom-up, granular cost data and cost levers - all of which impacts the granularity and transparency of your Operational Expenditure
While there is a good grasp of profitability at the aggregate organisation-level, due to complex structures there is very limited understanding at the entities or units that make up the organisation.
Typical capital investments are made using manual computations on a case-by-case basis using spreadsheets.
However, shared resources such as Technology introduces a substantial layer of complexity across the legal, financial and organisational construct.
Modelling this complexity manually is hugely inconsisten and infalliable.
CostLens delivers on your FY23-24 agenda
such as Unit Costs of Infrastructure
drives changes to behaviour
typical reductions in manual effort when compared to Excel
Consumption-driven cost increases drives accountability
Technology costs expressed in terms the business understands
Consumption-based charges drives accountability of cost levers
improved product investment decisions
Transparency alters the cost conversation to a value-focussed one, enabling richer conversations
Generate accurate metrics for robust, reliable decisions such as TCO (Total Cost of Ownership), Fully loaded costs, Unit Costs
In a world of hyper-turbulence organisations need data-driven insights to take faster decisions
Drives a cultural shift from treating cost optimisation as a BAU task rather than a one-off activity
The value of complex systems can be put in the context of the cost avoided or revenues gained
Lower the hard-to-crack, non-fungible, structural costs
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