October 4, 2021

Branch Office Closure Brings in Big Savings

by: Align

07Z

Critical Branch Closure Results in $2M+ Savings

Align's All-In-One Solution Included Project Management, ITAD, IMAC Services, and Data Center Decommission. 

The Overview

A financial firm sought to close one of their large US offices, located in Seattle, WA. To kick off this
project, they engaged Align as their technology partner to collaborate with key stakeholders and
oversee various aspects of this critical branch closure.

The Align team was able to offer the client an all-in-one solution that included:

  • Project Management 
  • IMAC Facilitation 
  • IT Asset Disposition Plan
  • Third-Party Vendor Oversight
  • On-Site Data Center Decommission 
  • Circuit & Maintenance Cancellations

 

The Solution 

To determine how to best manage this closure, Align performed an inventory to get broader insight into their specific environment and assets. We worked with various departments including Facilities, Networking, Human Resources, Real Estate, Finance, Telecom, and IT to ensure we understood ownership and responsibilities. This allowed Align to develop a risk-free office closure program in accordance with the client’s policies for lease terminations, compliance, change management and data integrity.

Using Align’s certified IT Asset Disposition process (ITAD), our experts categorized, redeployed and decommission the IT assets. Once the office technology was removed, Align was able to manage other closure elements, including, repurposing other high-value non-IT assets, submitting cancellation orders for telecom circuits, and ensuring other operational charges were disabled, such as: electricity, security, monitoring services, etc.

OFFICE CLOSURE PROCESS

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The Results

Branch Office Closure

This project was completed in less than 30 days from start to finish—the client saw immediate savings

 of $2.22M in annual rent alone from this office closure. Align guaranteed the client’s 1,468 high-value assets were inventoried, redistributed and destroyed with zero risk. By closing the office, they saved nearly $90K in monthly operating costs, as well as additional savings by eliminating software licenses.

We continue to work with this client on their workplace strategy and are leading additional office builds, consolidation and closure programs.

To learn more about how Align can help transform your workplace, schedule a meeting with a member of our team or click here to access our Right-Size by Align solution. 

★★★★★

“Align is our trusted provider for all our Managed Services and cybersecurity needs. They provide us best-in-class IT services that not only help drive productivity and growth, but ensure we meet both current and evolving compliance and security requirements with ease. As consultants to financial advisors, trust and reliability are indispensable to our operations, which is why we never hesitate to refer Align to our very own client base. Align isn’t just our partner, they are an extension of our team. We look forward to entrusting them with our IT infrastructure for years to come.”

Ed Fasano - Experienced Advisory Consultants LLC