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STRATEGIC COST OPTIMIZATION

Financial Clarity for Smarter, Strategic Spend

Give every dollar a job. Our Cost Optimization solution gives CIOs and CFOs real-time visibility, less waste, and smarter spend with minimal disruption.

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BEYOND BUDGET CUTS

Shift from Siloed Cost-Cutting to Strategic Cost Optimization

Your costs are growing. Your data’s a mess. And your systems don’t talk to each other.

Finance and IT are stuck reacting to budget pressure with fragmented tooling, outdated reports, and spreadsheets that were never meant to scale. Without real-time visibility, cost management becomes reactive, not strategic, stalling innovation and slowing growth.

KEY BENEFITS YOU GAIN

What Strategic Cost Optimization Looks Like

Praecipio’s solution, part of our VISTA approach, gives you total clarity into your IT and operational spend, without disrupting your current systems. This isn’t about spending less. It’s about spending smarter.

01
Gain Clarity on IT Spend

Understand true costs across teams, tools, vendors, and timeframes.

02
Plan Smarter

Replace guesswork with real-time forecasting powered by actual data.

03
Ensure Cost Transparency

Eliminate manual reconciliations and establish audit-ready reporting.

04
Spend Effectively, Not Less

Shift from indiscriminate cost-cutting to value-aligned investments.

05
Break Down Silos 

Connect Finance and IT in a single view to drive aligned decision-making.

06
Accelerate ROI

Identify inefficiencies, reallocate funds, and unlock new growth opportunities.

Cost Reduction vs. Cost Optimization

While cost reduction and cost optimization are often used interchangeably, they are not the same thing.

What is Cost Reduction?

Cost reduction refers to the process of cutting costs, often through short-term measures such as layoffs, budget cuts, or renegotiating contracts. While cost reduction can provide immediate savings, it may not always lead to long-term sustainability or improved profitability.

What is Cost Optimization?

Cost Optimization is a more strategic approach that focuses on achieving sustainable cost savings through process improvements, efficiency gains, and strategic resource allocation.

Cost optimization involves analyzing a company’s cost structure and identifying opportunities to reduce waste, improve productivity, and optimize resource utilization. This approach can lead to long-term cost savings, improved profitability, and enhanced competitiveness.

BY THE NUMBERS

It’s Time Rethink How You Spend

Cost optimization isn’t just a finance problem, it’s a business imperative. From cloud overages to fragmented tooling, the data tells a clear story:

60 %
report cloud cost overruns that directly impact business performance source
54 %
say IT cost optimization is their top challenge in managing technology source
69 %
of IT leaders experienced cloud budget overruns in the past year source
57 %
of organizations lack a clear strategy for process or spend optimization source
90 %
of organizations plan to increase tech spending in 2025, despite budget constraints source
87 %
have adopted a cost optimization strategy, but less than half hit their targets source
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EBOOK

Profit by Design:
How to Master Cost Optimization

Want to reduce operating expenses while still driving innovation? Learn how to achieve both with Profit by Design, our practical guide for CIOs and CFOs. Discover five high-impact steps you can take today to unlock cost clarity, streamline decision-making, and reinvest in what matters most.

Get the Guide →
HOW IT WORKS

5 Steps to Improve Financial Visibility & Optimize Costs

Cost pressures aren't going away. But reactive cost-cutting and disconnected data aren't going to solve them. Organizations need to move beyond budget hacks and headcount reductions and embrace strategic, scalable cost optimization. Praecipio helps you connect the dots between technology, finance, and operations to unlock a new era of growth-focused efficiency. 

STEP 01

Align, Design, & Roadmap

  • Discover where your money is really going and how it aligns with your strategy.
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STEP 02

Integrate Systems

  • Connect financial, project, and operational tools for a unified view.
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STEP 03

Visualize & Forecast

  • Build dashboards and models that enable real-time decisions.
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STEP 04

Define Cost Rules

  • Automate cost classification (CapEx/OpEx) and audit trails.
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STEP 05

Optimize & Govern

  • Identify opportunities, track ROI, and embed ongoing optimization.
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THE RIGHT TOOLS

Tools for a Smarter Financial Flow

We meet you where you’re at, helping you get the most out of the tools you already use. Whether you're using Apptio, Jira Align, Planview, or a mashup of spreadsheets and legacy platforms, we meet you where you are. Then we make it smarter.

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Apptio
Track true IT costs, plan smarter, and surface savings.
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Jira Align
Align financials to strategy and delivery in real-time.
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Planview
Connect funding to capacity and optimize resource spend.
CUSTOMER SUCCESS STORIES

MagMutual’s Journey to Real-Time Visibility and SAFe Adoption


What started as a licensing engagement evolved into a strategic, enterprise-wide initiative. By standardizing Jira, introducing SAFe, and aligning teams around strategic priorities, MagMutual gained real-time visibility, reduced rework, and built a culture of empowered, cross-functional collaboration.

 

Read The Story ⟶

"Praecipio is a true partner. That’s something that we look at as a mission-based company.”

Sallie Graves
Chief Operations Officer MagMutual



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WE ARE ON A MISSION TO

Build You a Truly Connected Enterprise

At Praecipio, we don’t just deploy tools; we integrate them seamlessly, aligning your strategic vision with the teams executing it. We understand that tech’s true value lies in how it’s used—empowering, not complicating. We leverage our VISTA approach to dive into the heart of your business, aligning strategies, processes, and people. We’re the hands-on experts who get the right shit done, redefining how you work, not just the tools you use.

 

Let’s Talk Cost Optimization

Ready to stop guessing and start spending with purpose? We’ll help you gain full visibility, eliminate inefficiencies, and turn your budget into a strategic advantage. Let’s make every dollar do more.