Enhanced cost savings Insights and effort matrix integration
Hello la Product Team,
It would be very interesting to develop a feature that enables customers to prioritise their cost saving opportunities based on potential financial benefits and to assess these opportunities within an effort matrix for better decision-making alongside the Insight feature.
Feature => Cost savings evaluation tool:
It would be a complementary tool with Insights that allows customers to input data and receive an estimation of the financial benefits from the insights and recommendations provided.
The tool should be able to differentiate between savings, spend reduction, and cost avoidance.
The output should clearly indicate the monetary value associated with each recommendation to prioritise actions based on potential cost savings ($$$$).
Effort matrix integration:
You should integrate an effort matrix that positions recommendations within a framework that compares the required effort against the anticipated benefits.
The matrix should include an estimated cost savings metric to visualise the trade-off between effort and financial gain.
or
Develop a metric or scoring system (e.g a difficulty level from 1 to 10) to quantify the effort required for each recommendation.
FinOps cultural adoption:
Enhance the insight feature to promote the FinOps way of thinking, incorporating appropriate terminology and concepts.
Tailor communication within the tool to effectively address different personas, ensuring that the messaging resonates with their specific interests and triggers the identification of needs.
User impact:
This feature will empower customers to make well-informed decisions by providing a clear understanding of the cost saving potential and the effort required to achieve those savings. It will also facilitate a deeper engagement with the FinOps culture, leading to more strategic and efficient financial management within their organisations.
Additional notes:
The feature should be user friendly and accessible to individuals with varying levels of financial expertise.
Consideration should be given to how this tool can integrate with existing insight feature and analysis workflows.
Merci !