Eracent Customer Success Story
Global Investment Firm
Defending against unnecessary expenditure. How a large international financial investment firm leveraged lifecycle management to optimize asset allocation.
- Client Profile
Industry: Enterprise Investment & Financial Services
Scope: Large International Firm
Core Environment: High volume of hardware upgrades, frequent employee departures, and rapid project turnover cycles.
The Challenge: SW Vendor Compliance Audit
Unnecessary Purchases Being Made When Comparable Items In Stock
- The organization lacked visibility into their available inventory. Due to employee departures, hardware upgrades, and completed projects, significant assets were returned to stock but became "invisible" to procurement teams.
Results:
- Saved tens of thousands of dollars in the first year alone.
- Enabled immediate reallocation of hardware and software assets to new users.
- Drastically reduced procurement cycle times for new employee onboarding.
- Established a verified baseline of available stock inventory.
- Stopped unnecessary purchasing of assets already owned by the firm.
Eracent Solutions Utilized:
- Eracent Technology: Lifecycle Management Repository
- Automated Asset Reallocation Workflows
- Stock Inventory Querying & Reporting
- Cost Avoidance Analytics
- IT Asset Management (ITAM) Integration
