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# Financial Services IT Asset Management Case Study

> How a Top 5 financial institution achieved $10.1M annual benefit with AI-powered reconciliation.

Case Study

# Top 5 Financial Institution: IT Asset Management

"$10.1M annual net benefit with 673% ROI."

How a Top 5 global financial institution automated storage maintenance contract
reconciliation across 100,000 assets and 8 global data centers.

$10.1M

Annual Net Benefit

673%

ROI

12X

Faster Processing

<0.1%

Error Rate

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## Asset Reconciliation Challenges

Reconciling storage maintenance contracts across 8 global data centers and 100,000
assets required 3 months of manual effort per cycle, involving spreadsheets, VLOOKUPs,
and coordination across 5 systems.

AutoReports powered by Blockify automated extraction, normalization, and reconciliation
of PDF order forms against 100,000 internal asset records on Intel architecture.

## Implementation Areas

#### Reconciliation

- PDF order form extraction
- Asset record matching
- Contract normalization
- Decommission detection

#### Results

- $8.25M savings from waste elimination
- 3 months to under 1 week
- Error rate from 3% to <0.1%
- 673% ROI

## Financial Impact

The solution reduced processing time from 3 months to under 1 week, eliminated
$8.25M annually in reconciliation window losses, and achieved a 673% ROI with
78x improved AI accuracy.

## Key Outcomes

- Net Benefit: $10.1M annual net benefit ($11.6M gross - $1.5M cost)
- Speed: Processing from 3 months to under 1 week
- Accuracy: Error rate from 3% to less than 0.1%
- Payback: Pays for itself in first 7 weeks of each cycle

Free Case Study

## Download the Full Financial Services IT Asset Management Case Study

Get complete details on automated asset reconciliation with 673% ROI.

- $10.1M annual net benefit
- 673% ROI achieved
- Processing from 3 months to 1 week
- Error rate reduced to <0.1%
- 100,000 assets reconciled

Case Study
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## AI for Financial Operations

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