CostPerform vs MagicOrange
CostPerform
costperform.com
MagicOrange
magicorange.comSide by side
| Figure | CostPerform | MagicOrange |
|---|---|---|
| Price from | $6,666.67/mo | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Plans published | 6 | 0 |
| Spec score · IT Financial Management Software | 9.0 (#2) | 7.4 (#8) |
| Cost modeling | The platform supports flexible cost models with visual flows and traceability from source costs through allocations. | The platform ingests and unifies cost and usage data across cloud, infrastructure, SaaS and AI workloads into a technology economics model. |
| Headquarters | The contact page lists a USA headquarters in Baltimore, Maryland, and a European headquarters in Utrecht, the Netherlands. | 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 | Published integrations include ERP and accounting systems plus Power BI, Tableau and Looker for business intelligence. | The integrations page lists SAP, Oracle, Microsoft Dynamics 365, AWS, Azure, Jira, Workday, ServiceNow, Flexera, BMC, IBM, GCP and Alibaba among supported data sources. |
| Security | CostPerform states that it is ISO 27001 certified. | 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 | AWS Marketplace says customers receive a dedicated CostPerform expert, support desk and support portal assistance. | MagicOrange says it has offices in the United States, South Africa, the United Kingdom, India, and Australia to provide localized support and services. |
| What it does | CostPerform maps financial data to resources, activities, products, customers and transactions for enterprise cost allocation and profitability analysis. | MagicOrange describes its platform as unifying IT financial management, FinOps and shared services expense management to give technology and finance leaders visibility into expenses and cost drivers. |
Plans
CostPerform
- CostPerform Basic$80,000 a year
- CostPerform Cloud & AIPriced on request
- CostPerform CorePrice not published
- CostPerform EnterprisePrice not published
- CostPerform ExpertPrice not published
- CostPerform standard pricingPriced on request
In their own words
CostPerform
CostPerform is financial modeling software that links financial data with operational activities. It helps organizations model cost structures and make decisions from those models. Four predefined costing methods can be used interchangeably for cost allocation. Budgeting, forecasting, scenario planning, and both showback and chargeback are listed capabilities. Teams can simulate future cost and performance scenarios for proposed products or services. Cost models are described as traceable and auditable for regulatory reporting. ETL tools connect accounting software, CRM systems, and spreadsheets through ready-to-use connectors and scheduled data pulls. CostPerform Cloud & AI connects by API to more than 30 AI, cloud, and SaaS providers, including Anthropic, Mistral, Google, AWS, and OpenAI. Reporting and export options, along with multiple data-source options, are listed. It runs through web and API platforms and offers a guided trial without a stated duration or credit card requirement.
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.