For many large enterprises, understanding where IT spend goes—and how it supports business operations—remains a major challenge. Without accurate IT cost allocation, organisations struggle to link technology investments with business value, regulatory compliance, and financial optimisation. A major European bank recently faced this challenge while trying to improve cost efficiency across its IT estate while […]
Tag: MagicOrange
From 180 Models to One: Achieving IT Cost Transparency at Scale – MagicOrange
For large financial institutions, understanding IT spend isn’t just a finance exercise—it’s a strategic necessity. A major international investment bank faced growing complexity in managing IT cost allocations across business units, relying on 180 fragmented Excel models that were inconsistent, slow, and difficult to audit. By partnering with MagicOrange, the bank replaced these disconnected models […]