Realize the Significant Business Value of Identity Governance

Identity Governance can provide huge business value if you understand it’s potential and deliver the value message in terms of business value. In 2018 a customer of RSA® Identity Governance & Lifecycle presented £7 Million in cost savings to their business. Where did the savings come from? Not where you might expect. Here are just 3 examples.

Software Licensing
With the low cost per user of cloud subscription-based pricing many organizations have not controlled who gets access to them. “Everybody should have a Microsoft Office365 account if they have an active directory (AD) account”…But is that true? When you look at contractors or non-IT employees with AD accounts just for accessing HR services it turns out there are lots of people that do not need that access and it soon adds up!

Then think about the more expensive licensing such as SAP and Oracle. How many users have access and do they need it? Many organizations have saved millions on these reductions with good Joiner, Mover & Leaver (JML) processes and access reviews, but aren’t tracking or reporting the benefit back to their organization.  

New Hire Onboarding
Assuming you’re doing your own hiring it costs on average UK/£3500 US/$5000 to hire a skilled worker. Using a recruiter can cost significantly more – 20-30% of their final salary. Add training and time to settle in, and the expense increases even more.

According to a report from the Society for Human Resource Management (SHRM.org) 

*** This is a Security Bloggers Network syndicated blog from RSA Blog authored by Stephen Mowll. Read the original post at: http://www.rsa.com/en-us/blog/2018-07/realize-the-significant-business-value-of-identity-governance.html