The Challenge
A major healthcare company received an unexpected audit from one of their second-tier vendors. During this period, the client was in the midst of a major migration to the cloud. The client lacked a centralized SAM team and clear grasp of vendor tracking, tools, and licensing. As a result, the client did not have an audit response process in place and was unable to effectively address the audit demands.
The Solution
Costif.ai implemented effective software asset tracking and controls for the client, providing greater visibility into their environment to ensure compliance. The increase in visibility around software contracts and deployments enabled the client to respond. Costif.ai subsequently established ongoing software asset management services with the client, maintaining a commitment to quality service and partnership.
The Result
The increased visibility enabled license optimization savings and consolidated migration efforts. As a result, the client achieved $2.1 million in annual cost savings and accumulated cost avoidance and savings of $6.2 million over three years.