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Average Ratings 0 Ratings

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ease
features
design
support

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Description

Assist finance in overseeing financial planning, budgeting, modeling, and performance reporting. Utilizing MagicOrange allows you to adjust one or multiple cost drivers and instantly grasp how these adjustments affect the costs and profits of your organization's products and services. The ability to effectively plan and manage various scenarios, including budgets, actuals, forecasts, transitioning to the cloud, and outsourcing certain services, is crucial for your organization's cost management and strategic planning. By streamlining the budget and forecast cycles, you can dedicate more time to uncovering valuable insights. Provide your stakeholders with the information needed to make informed consumption decisions through detailed results, supported by relevant reports and analytics. No matter your current stage in the cost allocation process, you can use MagicOrange to accelerate your progress while improving your speed, output, accuracy, and insights in the allocation process, ultimately enhancing your organization's financial decision-making. This comprehensive approach will not only bolster financial accountability but also empower teams to align their strategies more closely with organizational goals.

Description

T-NEX Controlling serves as an IT cost management and distribution tool specifically designed for banks, insurance companies, and other regulated entities. It consolidates data from invoices, contracts, budgets, planning, and operational sources, enabling IT controlling teams to analyze both current and projected costs through a unified interface. Users have the ability to import data, review plans for cost centers and service levels, set up traceable allocation rules, and run simulations of planning scenarios prior to implementation. The application features reporting views that allow users to compare financial figures, track allocations across various cost objects, and examine discrepancies. Additionally, customizable workflows facilitate the review process for planning modifications, while built-in data validation assists in detecting inconsistencies for the team's evaluation. This software is designed to meet the specific needs of institutions and is integrated into the broader modular banking software platform offered by T-NEX, ensuring it addresses a variety of operational requirements. Ultimately, T-NEX Controlling enhances financial oversight and strategic planning for its users.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

MagicOrange

Founded

2014

Country

United Kingdom

Website

magicorange.com/platform/

Vendor Details

Company Name

T-NEX GmbH

Founded

2024

Country

Germany

Website

t-nex.de/en/

Product Features

Product Features

Alternatives

Alternatives

No Alternatives
ComSci Reviews

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