IT Cost Management with Amalytics Software

Struggling to reduce IT costs? Looking for a framework to add transparency and aid continuous optimisation? Below, you’ll find everything you need to know to understand industry-standard methodologies and Best Practice, and how it can help your team align for growth.

WhitePapers

CIO Institute – IT Cost Management for the ‘New Normal’

Content: Press, Consultants & Analysts have been talking about the ‘New Normal’ 3 core themes that characterise the ‘New Normal’ 3 Quot...

Learn more
Excel-based IT sourcing decisions could lose businesses millions

The vast majority of modern businesses take critical decisions based on analysis carried out with Microsoft Excel. But the quantity and complexity of data required for these analyses can result in a large margins of error – potentially leading to flawed decisions. Tools exist in the market that provide an alternative to solely using Excel, but these suffer from the same constraints as Excel even if they can handle the scale of data better.

Learn more
Why Finance Departments of Shared Service Units are turning to Big Data

The transition to a Shared Service Operating model typically involves the creation of new Group-owned Legal Entities (LEs). These LEs may or may not be domiciled in the same location as that of the current legal entities providing the services. While some of these entities are setup as asset holding entities for the purposes of tax efficiency, others are setup to consolidate staff or vendor contracts to maximise procurement and productivity efficiency gains respectively.

Learn more
Why Global Enterprises need a big-data engine for IT Costs

IT Costings is a means to an end. It is meant to achieve a business objective typically driven by either the Finance or IT departments. A consumption-based IT Costing Model is complex with many tiers of cost allocation. In comparison, Cost Allocation Models for other departments such as Legal, HR, is far simpler as it doesn’t involve IT Infrastructure.

Learn more
A Sample IT Value Report

Our team has several decades of experience in producing cost/value reports for C-level executives. This ‘IT Value Statement’ provides you with an example of what you could prepare for your Management easily in less than an hour.

Learn more
Navigating the Financial Implications of Digital Transformation Technologies

Digital Transformation shouldn’t necessarily be seen as a Cost Transformation exercise. In a traditional cost transformation exercise, the typical levers to lower costs are a reduction of the unit costs of resources through initiatives such as offshoring or shared services, to leverage economies of scale and standardisation. Digital Transformation, on the other hand, transforms the cost base through the adoption of technology.

Learn more
Top 8 pitfalls of implementing an IT cost model

Pitfall #1: Attempting to take on too much too soon Pitfall #2: Not employing people with requisite skillsets Pitfall #3: Failure to gain cross-departmental senior ...

Learn more
Embed a Data-Driven, Continuous Cost Optimisation Culture in Your Organisation

Modern businesses are complex. Management do not have the tools necessary to keep the organisation operating as a lean enterprise. This results in ad-hoc periodic initiatives often supported by 3rd party consultants to help with cost reduction. Often consultants have even less information on where the “bodies are buried” and are under pressure to provide answers in very short timescales.

Learn more
Why Regulated Market Infrastructure firms are turning to a big-data IT Cost Tools

The Finance Departments of Market Infrastructure firms need to provide transparency of internal costs at a segmental level to their regulators, in order to prove they are pricing their services ‘fairly’. They also need to provide evidence to their auditors that the computation of Transfer Pricing charges and VAT recoveries are fully compliant with global accounting standards.

Learn more

Guides

CostLens IT Cost Management Capability Model

Content description: An easy to understand visual on the IT Cost Management Capability Model. Understand the key pillars of the IT Cost Management Capability Model Understa...

Learn more
Adopting a Cloud first policy?

Executive Summary: While migrating servers to the cloud, enterprises need to undertake an accurate cost analysis of the as-is costs as a traditional excel-based “average-of-averages” fails to deliver against the promised ROI benefits of Cloud migration and could result in needless cost increases that are entirely avoidable.

Learn more
4 critical CFO & CIO measures for your Transformation Programme

Executive Summary: ‘You can’t manage what you don’t measure’ has never been truer than with modern transformation programmes. Not developing additional perspectives of your Technology costbase beyond the traditional financial perspective results in the inability to determine its benefits in the midst of other cost addbacks.

Learn more
Expose the right levers to optimise your Technology costs

Most organisations have a rudimentary view of their Technology cost base. Poor transparency of costs results in greater risk of flawed decisions.

Learn more
Why do Enterprises need IT Cost Management Software?

Technology is getting ever more complex

Learn more
What is IT Cost Management Software?

IT Cost Management software provides a consistent framework for IT investment decisions. It replaces the dozens (if not hundreds) of ad-hoc, one-off spreadsheets that are put together to support with IT investment decisions.

Learn more
IT Cost Line-of-Sight challenge

Understanding the Total Cost of Ownership (TCO) of systems is challenging. With progression within each stage of the application lifecycle, over time costs get “hidden below the surface”.

Learn more
What is ACO? What are the components of ACO?

ACO refers to the Operating Cost of running an application or IT service. It is also referred to as the fully loaded costs of a system that spans all direct and indirect items that attracts costs.

Learn more
The ‘hidden’ dimensions of IT Finance

A traditional ‘GL view’ of the Technology costbase is no longer sufficient for modern decision-making.

Learn more
The ‘true’ IT cost of servicing a Business Unit

While most businesses today have revenues generated from multiple business segments, central functions such as Technology tends to be shared. While this sharing results in economies of scale and lower unit costs, not having clarity on the true cost of servicing each business segment can result in poor Product and Technology investment decisions.

Learn more
Why is the IT Service Catalogue critical for IT Costings?

There are many datasets used in an IT Costings exercise, none as critical as the IT Service Catalogue. While most the attributes of a typical catalogue are not used, it is essential to get the Portfolio of IT Services well defined.

Learn more
Different types of Cloud

The term ‘Cloud’ covers a multitude of very different offerings.

Learn more
The complexity of IT Cost Modelling

Modern technology and business models make today's IT Cost Modelling much more complex. A quick visual on what this entails....

Learn more
Connect Amalytics CostLens to FPM tool

FPM software is well suited to handling all aspects of the costbase except Technology. With Technology increasingly a large (if not the largest) portion of your costbase, basic allocation of technology costs that is not aligned to consumption of technology infrastructure encourages behaviour that increases Technology’s costbase and results in inaccurate technology and product investments.

Learn more
Is your IT Cost Benchmark analysis escaping the “irrelevance trap”?

Accurate benchmarks requires relevant cost components, good quality datasets and accurate modelling of costs to avoid the “irrelevance trap”

Learn more
No post found

Case Studies