Overview
Product Information on CostLens
What is CostLens?
CostLens Pricing
Overall experience with CostLens
“Exploring CostLens: Revolutionizing Cost Transparency Through Automation”
“Favorable experience but be cautious if you have enteprise needs”
About Company
Company Description
Amalytics Software, headquartered in the UK, focuses on the creation and implementation of SaaS-based Cost Management solutions tailored for large-scale businesses with complex technological infrastructures. The company's flagship product, CostLens, provides users with an enhanced level of cost transparency, allowing for more effective management and optimisation of technology expenses whilst delivering augmented return on investments. The firm caters to businesses across the UK and Europe.
Company Details
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Key Insights
A Snapshot of What Matters - Based on Validated User Reviews
Reviewer Insights for: CostLens
Performance of CostLens Across Market Features
CostLens Likes & Dislikes
It aligns with industry frameworks like technology business management, making it a structured solution for IFTM needs.
Good workflows in the product and ease of use. Excellent documentation offered by their support team during the initial stages of our implementation.
What stands out the most about CostLens is its ability to deliver granular cost analysis combined with predictive analytics and scenario planning.
Lack of user reviews unknown support quality unclear pricing
Platform scalability and resiliency was not upto the par. We had several outages during the course of our implementation.
While it offers customization options, some organizations might find that they need significant adjustments or integrations with other systems.
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CostLens Reviews and Ratings
- IT SECURITY & RISK MANAGEMENT ASSOCIATE<50M USDIT ServicesReview Source
Exploring CostLens: Revolutionizing Cost Transparency Through Automation
CostLens has automated cost transparency and pre-built cost models as well as its SaaS based deployment which is easy to implement. - Software Developer50M-1B USDIT ServicesReview Source
CostLens: A Tool for Optimal Cost Structure and Decision-Making
I am recently using this product and I like it. The product quality is too good also help to my work - Director of Technology50M-1B USDMediaReview Source
Simple Deployment & Comprehensive Personal Training: The rep. & the team are amazing
I have been looking for a Fin OPs product for a considerable amount of time and have had a shortlist of 5 products. Each of them could deliver a good service, but for my particular needs the prices quoted were too excessive. The start to finish of our implementation was faultless and the price was 80% cheaper than every competitor - Head of Finance1B-10B USDInsurance (except health)Review Source
Unparalleled capabilities to illustrate the cost DNA of a business
This tool offers a flexibility of interrogating data and build reports that is difficult to find in the market and certainly not at such competitive price. Senior management have been impressed as they have never seen such a transparency of their cost base. Apart of the ease and speed of implementation, the consultants have shown their deep understanding of the commercial environment of the business and provided additional consultancy on the future roadmap required to streamline operations and ultimately drive cost savings. - Golbal HR Delivery Director10B+ USDIT ServicesReview Source
Deploy cost analytics, optimization initiatives in a timely, precise, & confident manners
CostLens software employs industry best practices for IT cost reporting, as well as pre-built algorithms. This greatly assists firms in making decisions that are in their best interests. CostLens produces IT cost indicators that are not seen in finance ledgers. Its primary benefit is that it assists CFOs and CIOs in more efficiently managing IT operating expenses through more transparency, optimizing IT expenses with just an average 25% decrease in structural costs, and increasing returns on IT and business spending.