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[Case Study] Fortune 500 Insurance Firm Reclaims 2,000 Hours while Elevating IT’s Strategic Position in the Business

Oct 16, 2019 | By Wil Cleaveland

IT Cost Transparency Planning, Budgeting & Forecasting

In an effort to alleviate ongoing struggles from its legacy, spreadsheet-based planning system, a Fortune 500 insurance firm consulted multiple vendors in search of a centralized ITFM solution – ultimately selecting Nicus as its vendor of choice.

Under a CIO directive, and with guidance from the firm’s Director of IT Financial Management, Nicus IT Planning was implemented and deployed in mid-2013.

This case study captures the firm’s key challenges and how Nicus IT Planning worked to address them, while highlighting the core value delivered back to the business post-implementation.

The case study’s key inflection points are summarized below, and you can get instant, unrestricted access to the full document here.

To learn more about the details behind this implementation, please contact sales@nicus.com.

Challenges

The firm aimed to solve the following challenges perpetuated by its legacy, spreadsheet-based planning and budgeting system:

Results

Within the first annual budget cycle using Nicus, the firm cited several strategic and tactical benefits; and in subsequent years, IT and executive leadership report those benefits have only grown stronger.

Strategic Benefits:

Tactical Benefits:

You can download the full case study – no name or email required – by clicking here.

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