Case studies

Koinworks eliminates software chaos and automates software management

Zluri enabled Koinworks to save around $40K through discarding redundant app spends, optimising apps, and automating manual workflows. Overall, Zluri provided Koinworks with upwards of $400K through direct and indirect savings.

About 
Koinworks

KoinWorks is Indonesia’s first Super Financial App, with over 1.5 million users. It impacts financial inclusion improvements in retail consumers and SMEs by being the #1 financial capital provider and the first SME Neo bank provider.

  • Industry: Financial Services
  • Employees: 600+
  • Usecases: SaaS discovery, Cost management

$400,000

Realized savings

100%

Visibility of their SaaS landscape

1500+

Unused licenses identified

The Challenge:
  1. KoinWorks had invested in a plethora of software tools to manage their daily workflows across all departments. However, this massive software influx made it difficult to supervise the utilization, security, and implementation of these tools. Additionally, it led to an inflated SaaS library with a few unused and redundant SaaS subscriptions.
  2. While scaling up, most early-stage startups are unable to entirely offboard users from the applications after they leave the organization. This is mainly due to the lack of single-view visibility of tools, services, data access, etc. with the HR for taking necessary action. This is a significant risk that could lead the business to security breaches.
  3. The majority of modern SaaS contracts are digital. Hence, centralizing the tracking of app owners, app usage, expenses, and payments is always a crucial challenge. 
The Solution:
  1. Koinworks was able to map all the critical SaaS tools running in their organization in a matter of minutes and in a single-view centralized dashboard. The dashboard helped to track the apps, owners, users, usage statistics, and, most importantly, security statistics. The threat level could be assessed and addressed on a case-by-case basis.
  2. Underutilized SaaS tools could be identified at a user level leading to immediate subscription savings. Zluri enabled Koinworks to save around $40K by discarding redundant app spending, optimizing apps, and automating manual workflows. Zluri also saved Koinworks 1900 person-hours by automating 80% of its software management process.
  3. Overall, Zluri provided Koinworks with upwards of $400K through direct and indirect savings.

After a couple of months of usage, the majority of the known & unknown issues were identified & resolved. The Koinworks team was certainly happy with their overall investment made with Zluri. In their words, Zluri is the “Operating System For Software”

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