FactSet is a global provider of integrated financial information, analytical applications, and services to investment professionals. Their growth has been explosive, and is matched by the number of IT assets they have under management. FactSet has worked with Oomnitza to orchestrate their IT portfolio to support a rapidly growing workforce and gain the visibility and insight needed to more efficiently manage their IT fleet and associated budget forecasting.
To address these issues and enhance operational efficiency, FactSet turned to Oomnitza's cloud-based Enterprise Technology Management solution. Remarkably, the implementation went live within a month, integrating thousands of IT asset data points seamlessly. Oomnitza enabled FactSet to centralize and automate its IT asset management (ITAM) processes, resulting in significant time savings and operational efficiency.
The platform empowered a dedicated team of four ITAM resources to take over responsibilities from the larger corporate IT team, freeing them to focus on more strategic priorities. FactSet estimated saving at least one full-time equivalent (FTE) through centralized and automated ITAM processes. Oomnitza's capabilities facilitated accurate tracking of the full asset lifecycle, compliance reporting, and near real-time asset purchase forecasting.
The implementation resulted in substantial time savings, enhanced audit preparedness, and better-informed decision-making. FactSet now efficiently tracks devices, software licenses, and accessories, and with Oomnitza's integration with other systems, the company gained valuable insights into software usage, enabling cost savings and efficient telecom-expense management.
Moreover, Oomnitza's integration with Workday, the HR platform, improved visibility into employee assets, and future plans include automating onboarding and offboarding processes. The platform's versatility extends to managing computer accessories, aiding the support of a diverse workforce. FactSet is exploring further integrations and opportunities with Oomnitza, demonstrating a commitment to leveraging technology for enhanced efficiency and productivity.
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