ClearCost IT Financial Management vs MagicOrange
ClearCost IT Financial Management
clearcost.software
MagicOrange
magicorange.comSide by side
| Figure | ClearCost IT Financial Management | MagicOrange |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | — | Yes |
| API | — | Yes |
| Plans published | 1 | 0 |
| Spec score · IT Financial Management Software | 7.8 (#4) | 7.4 (#8) |
| Headquarters | Crows Nest, New South Wales, Australia | The company lists offices in the United States, South Africa, the United Kingdom, India and Australia, including a London office at 50 Liverpool Street. |
| Integrations | The maker’s integration brochure names financial systems including Oracle, SAP, Technology One, and NetSuite, BI tools including Power BI, Cognos, and Tableau, and ITSM tools including BMC and ServiceNow. | The integrations page lists SAP, Oracle, Microsoft Dynamics 365, AWS, Azure, Jira, Workday, ServiceNow, Flexera, BMC, IBM, GCP and Alibaba among supported data sources. |
| Intended users | The maker describes the platform as helping technology, finance and business leaders manage and communicate the value of IT investments. | The company identifies CIOs, CTOs, CFOs, ITFM practitioners and FinOps practitioners as audiences for the platform. |
| Security | ClearCost’s privacy policy says it uses physical, electronic, and managerial procedures to safeguard information collected online. | MagicOrange lists SOC 2 Type II attestation, ISO 27001:2022 certification, CyberVadis Gold with a score of 911/1000, CSA STAR Level 1 registration, Cyber Essentials certification and GDPR compliance. |
| Support | ClearCost says it pairs its technology with a global team of ITFM experts and a partner network that includes consultants and implementation specialists. | MagicOrange says it has offices in the United States, South Africa, the United Kingdom, India, and Australia to provide localized support and services. |
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.
MagicOrange
MagicOrange is an IT financial management and FinOps platform for technology and finance leaders, with shared services expense management alongside cost planning and reporting. It combines cost and usage information from cloud, infrastructure, SaaS, and AI workloads into a technology economics model to link technology activity with financial outcomes. The platform supports TBM and FinOps frameworks and offers budgeting, forecasting, flexible cost modelling, and predictive analysis for trends, scenarios, total cost of ownership, and return on investment. Microsoft Power BI supports interactive dashboards, automated reports, and configurable data exploration. Integrations include SAP, Oracle, AWS, Azure, Jira, Workday, ServiceNow, Microsoft Dynamics 365, Flexera, BMC, IBM, GCP, and Alibaba. Data can be brought in through APIs, ERP connectors, ETL/ELT, and cloud cost imports. MagicOrange runs as a cloud-native platform on Microsoft Azure and is available through Azure Marketplace. It lists SOC 2 Type II, ISO 27001:2022, CSA STAR Level 1, Cyber Essentials, and GDPR compliance. Pricing is on request; prospective customers are directed to contact sales or schedule a demo.