ClearCost IT Financial Management vs CostLens AI
ClearCost IT Financial Management
clearcost.software
CostLens AI
amalytics.coSide by side
| Figure | ClearCost IT Financial Management | CostLens AI |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | — | Yes |
| Plans published | 1 | 0 |
| Spec score · IT Financial Management Software | 7.8 (#4) | 7.6 (#5) |
| Cloud data | The integration brochure says ClearCost can assimilate operational data from sources including AWS, Google Cloud, and ServiceNow, and describes automated ETL for on-premises and cloud data sources. | Cloud Analytics automatically ingests billing and usage data from major cloud platforms such as AWS, Azure, and GCP. |
| Company | The site identifies IT Executive Consulting Pty Ltd as trading as ClearCost Software. | The maker’s site identifies Amalytics Software Ltd as the company behind the product. |
| Headquarters | Crows Nest, New South Wales, Australia | Harrow, England, UK |
| Intended users | The maker describes the platform as helping technology, finance and business leaders manage and communicate the value of IT investments. | The maker identifies CIOs and technology teams, CFOs and finance teams, strategy consultants, and ITSM experts as audiences for CostLens AI. |
| Purpose | ClearCost helps IT leaders manage and communicate the cost, quality, and value of the IT services delivered to their organisation. | CostLens AI is a fully hosted, AI-powered platform for Technology Cost Management and IT Financial Management. |
| Security | ClearCost’s privacy policy says it uses physical, electronic, and managerial procedures to safeguard information collected online. | The maker describes CostLens as a secure SaaS solution and states that it is ISO 27001 certified and compliant with UK, EU, and US data protection regulations. |
| Support | ClearCost says it pairs its technology with a global team of ITFM experts and a partner network that includes consultants and implementation specialists. | The maker offers a 15-minute product-fit call and a 55-minute full demo tailored to the customer’s needs. |
Plans
ClearCost IT Financial Management
- ClearCost IT Financial ManagementPriced on request
In their own words
ClearCost IT Financial Management
ClearCost IT Financial Management helps technology, finance, and business leaders plan and explain the cost, quality, and value of IT services. It combines financial and operational data from on-premises and cloud environments to support analysis, budgeting, forecasting, expense management, cost allocation, showback or chargeback, and scenario planning. ITFM Foundation automates analysis and planning across labour, vendors, assets, cloud, and projects. The Bill of IT presents service costs and consumption in terms intended for business stakeholders. Budgeting tools automate planning and variance analysis, while benchmarking compares service costs by industry, company size, geography, and complexity. Advanced Analytics offers predictive variance analysis, tailored KPIs and metrics, and a service-catalogue view. ClearCost connects, transforms, cleanses, and associates data from disparate sources, with automated ETL for on-premises and cloud data. Named systems include SAP, Oracle, NetSuite, TechnologyOne, Workday, Microsoft Dynamics, Power BI, Cognos, Tableau, ServiceNow, BMC, AWS, Azure, and Google Cloud. Founded in 2001, the company is based in Crows Nest, New South Wales, Australia. Pricing is on request.
CostLens AI
CostLens AI is a hosted platform for Technology Cost Management and IT Financial Management. It covers cost transparency, showback and chargeback, cost control, budget planning, and cloud, scenario, and strategy analytics. The product can extract and clean information from unstructured PDF invoices. Its cost domain engine applies pre-built algorithms for industry-aligned allocations, and a no-code interface supports custom allocations. Listed measures include total cost of ownership, unit and fully loaded costs, product or business-unit profitability, and internal and external benchmarks. Cloud Analytics ingests billing and usage data from AWS, Azure, GCP, and other cloud platforms. It can identify idle resources, overprovisioned instances, untagged spend, and usage spikes, and supports tagging intelligence, service grouping, budgets, anomaly alerts, and usage trends. Cost Control is designed for cloud, hybrid, and on-premises infrastructure. The maker describes the SaaS product as ISO 27001 certified and compliant with UK, EU, and US data protection regulations. The web product offers a 14-day free trial; pricing is on request.