NextGen IT Showback/Chargeback software that transforms cost discipline for enterprises operating in an agile, dynamic environment
Trusted by reputed Clients & Partners
Independent Gartner reviews
This tool offers a flexibility of interrogating data and build reports that is difficult to find in the market and certainly not at such competitive price. Senior management have been impressed as they have never seen such a transparency of their cost base.
Head of Finance
Global Insurance firm
a 3-min Product Tour
demonstrates how the Cost Analyst Team would benefit from select Cost Transparency, IT Showback/Chargeback and Cost Control features
If you are interested in expressing your costs in terms of Supply and Demand economics through IT Showback/Chargeback, talk to us
choose a convenient time-slot between multiple meeting formats
key components of CostLens
end-to-end cost transparency at the lowest level of granularity
Board-ready Best Practice Cost Transparency and Showback reports.
a TBM-aligned & consumption-based Cost Modelling engine
automates cost modelling with pre-built algorithms for industry-aligned cost allocations, offers a NoCode interface for custom cost allocations.
A secure, SaaS solution ready to be integrated within your ecosystem
ISO 27001 certified and compliant with UK, EU and US data protection regulations.
CostLens brings the power of big-data analytics to deliver huge benefits
Generates advanced metrics of complex cost structures
such as Total Cost of Ownership (TCO), Unit Costs of Infrastructure
Consumption-based billing
drives changes to behaviour
~ 80%
typical reductions in manual effort when compared to Excel
Articulate business-led demand
Consumption-driven cost increases drives accountability
Offers transparency of opaque costs
Technology costs expressed in terms the business understands
Manage Technical Debt
Create granular transparency tied to financial value
Surface true BU/ Product profitability
improved product investment decisions
indirect benefits
Transparency offers a sense of control
Often shared, indirect costs such as Technology can drive a sense of frustration that can be resolved through transparency
Improve confidence in investment decisions
Generate accurate metrics for robust, reliable decisions such as TCO (Total Cost of Ownership), Fully loaded costs, Unit Costs
Improves agility
Speed of decision-making is critical in the current age of hyper-turbulence driven by macroeconomic and geopolitical headwinds
Enables Cost Optimisation
Availability of advanced metrics and benchmarks offers multiple perspectives to understand what cost components are driving costs
Demonstrates the value of shared costs
Shift the conversation from cost to value delivered by demonstrating the value of Services delivered
Lower structural costs by 15% - 20%
Structural costs are harder to exit due to how deeply engrained they are
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