An Insurance company experienced decreasing software asset management resources and high turnover due to the pandemic. This led to a lack of oversight, specifically ineffective controls and defined processes. The client was unable to accurately measure and account for licenses purchased and deployed within siloed enterprises leaving them open to operational, financial and security risks.

Costif.ai was able to help implement the appropriate processes, controls and asset tracking tools to reduce risk for the client. As well as, offer architecture and licensing expertise to optimize the clients software deployments. Finally, the client was able to ensure ongoing visibility, compliance and cost optimization with our Managed Services.

Thanks to centralizing software deployments and implementing asset tracking Costif.ai was able to help the client save $1.9 million annually and realize $5.9 million in cumulative cost avoidance and savings over three years. Coupled with our Managed Services to lower costs to one of their largest vendors also reduced the total cost of their solutions as a whole.