Overview
Product Information on MagicOrange
Updated 13th October 2025
What is MagicOrange?
MagicOrange Pricing
Overall experience with MagicOrange
It Associate
<50M USD, Real EstateFAVORABLE
“Easy Navigation and Workflow Flexibility Balanced by Occasional Errors and Speed Issues”
My overall experience with MagicOrange has been good. We use it mainly for handling tickets and onboarding, and it's helped keep things more organized, it's pretty straightforward once you get used to it, and it saves time dealing with multiple requests.
Finance Associate
3B - 10B USD, Insurance (except health)CRITICAL
“Product Review: Great, implementation and platform maintenance Review: Can be challenging”
From my experience with the Vendor, there are constant changes in terms of staff and allocations that could impact the flow in which the solution is developed as well as the customer experience.
About Company
Company Description
MagicOrange is an intelligent Enterprise Financial Management Platform offering ITFM, TBM, CFM and FInOps capabilities. It is purpose built for large enterprises that need to accurately correlate and assign IT, shared services and direct divisional costs to business activities and it delivers precise cost insights and predictive analytics that drive business transformation, financial control and sustainable growth. The platform provides CIOs and their leadership teams with sophisticated capabilities including cloud, hybrid and on premises cost allocation, AI powered cost modelling, budgeting, forecasting and scenarios planning, Gen AI data query and more. These capabilities enable trusted chargeback programs, robust cost optimization planning and analysis, multi cloud cost visibility and commitment reporting and total cost unit economics. MagicOrange helps companies drive growth maximize profitability, reduce waste and unlock new value by providing the insights needed to invest wisely.
Company Details
Company type
Private
Year Founded
2014
Head office location
London, United Kingdom
Number of employees
51 - 200
Website
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- It Associate<50M USDReal EstateReview Source
Easy Navigation and Workflow Flexibility Balanced by Occasional Errors and Speed Issues
My overall experience with MagicOrange has been good. We use it mainly for handling tickets and onboarding, and it's helped keep things more organized, it's pretty straightforward once you get used to it, and it saves time dealing with multiple requests. - Engineer<50M USDIT ServicesReview Source
Flexible Cost Modeling and Fast Setup Offset By Limited Advanced Documentation Resources
This is a more agile, modern and user-friendly challenger in the IT Financial Management and TBM space. It is cited for its faster implementation times, as it doesn't require a "small army" of consultants to get it running - It System Network Administrador50M-1B USDIT ServicesReview Source
Allocation Engine Handles Hybrid Environments Yet Documentation Needs Improvement
Deployed MagicOrange 14 months ago to gain proper visibility into IT cost allocation across network, compute, and licensing. Coming from spreadsheet-based tracking, the improvement was immediate. Onboarding took longer than expected but once data connectors were configured, the reporting layer proved genuinely useful for budget discussions with leadership. - Engineer50M-1B USDHardwareReview Source
Strong Financial Insights For Hybrid Environments Yet Requires Expert Setup And Time
MagicOrange is a wonderful financial management platform which covers the entire IT landscape and not just cloud as the main highlight according to me. It supports decision making at executive level and enables better budgeting and investment prioritization. It suits my organization where complex cost allocation models are needed. - Finance Associate10B+ USDBankingReview Source
Customization Options and Ongoing Support Highlighted, Complexity Noted as a Challenge
This is now almost 8 years that I am a user of Magic Orange. I think what stands out for me is the endless abilities of the model as well as the support we received during this period.
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