Software Asset & License Management ROI Breakdown
Software Request Portal - Save $
Organizations of 1000 employees can save $ per year in staffing costs by automating software
requests. Employees can request software applications or cloud services using VIZOR's software request portal.
Requests pass through pre-defined provisioning and multi-level approval processes, minimizing workload while
improving efficiently of request fulfilment.
IT spends an average of 20 minutes per software request.
This includes replying to emails, chasing approvals and
coordinating provisioning actions. With an average of
requests per employee per year, an organization of
employees would process requests per year. Based on an average IT Support Technician
salary of $ and 1856 annual working hours, $
in staffing costs can be saved or relocated to other projects
by utilising VIZOR's software request portal.
Control Shadow IT - Save $
Gartner states that 2% of software spend isn't authorised by IT, this is generally referred to as shadow IT.
VIZOR manages software subscriptions and the approval and provision of SaaS applications and cloud infrastructure
enabling IT to keep track of all software spend. VIZOR's central license repository, software request portal, financial
cost discovery and support for auto-renewing subscriptions ensures previously unmanaged Shadow IT spend is
accounted for.
For an organization with a software spend of $ it is proposed that $ is lost to shadow IT annually.
Automating Employee Onboarding
- Save $
A Forrester study found that new employees wait an average of 3.5 days for all the resources required to start the
tasks of their job.
VIZOR's onboarding and role-based provisioning functionality ensures new employees have the
IT hardware, software and privileges they need from day one. Assuming employees can work while waiting for
their assets, employees will still lose about 30% productivity.
For an organization of employees, VIZOR saves $ in lost employee productivity.
Calculation based on average US employee turnover and salary. Mercer states that the average employee turnover rate in the US is 22 percent. According to the Bureau of Labor
Statistics (BLS), the median wage for workers in the United States during Q3 2018 was $857 per week.
Notification of renewals - Save $
Large enterprise software vendors often charge a premium for late maintenance renewals. The premium or fine
varies between vendor and the period elapsed. VIZOR helps organizations avoid late renewal penalties by
providing timely email alerts and reminders before they are due. The example below assumes that % of total
software spend is allocated to maintenance renewals and 15% of renewals incur a late penalty free. Penalty fee
calculated using Symantec's late renewal premium of 25%.
References 1 - Gartner, "Cut Software Spending Safely with SAM." 2 - Deloitte, “Software Asset Management: Time for a Reset" 3 - Glassdoor, “US IT Support
Technician Salary" 4 - Gartner “IT Budget" 5 – Mercer, “North American Employee Turnover: Trends And Effects" 6 U.S. Bureau of Labor Statistics, “Usual Weekly
Earnings Of Wage And Salary Workers Third Quarter 2018" 7 Symantec “Discontinuation of 30 Day Late Renewal Grace Period" 8 Forrester “Total Economic Impact™
Study"
