Transitioning SPM Tool Results in Significant Savings for Life Sciences Firm

Creating an exit strategy for Strategic Portfolio Management tool reduces the company’s total cost of ownership.
Close-up on businessman using laptop with floating financial icons. UX is enhanced with portfolio management tool

The Challenge

A global life sciences company had recently divested its Consumer Health division and was operating under a multi-year Transition Service Agreement (TSA) covering hundreds of applications. One of the most costly systems was the Strategic Portfolio Management (SPM) tool, which carried a recurring expense of $250,000 per quarter. The company needed an effective exit strategy that would reduce this financial burden while ensuring a smooth transition of the SPM tool and its related applications.   

How We Helped

Rather than pursuing a traditional Lift-and-Shift approach that would have preserved inefficiencies and driven up costs, Experis recommended and implemented a Clone-and-Clean strategy. This method focused on removing unnecessary complexity and technical debt to streamline the application and reduce its overall footprint.

The team led alignment workshops with stakeholders and vendors to clearly define the transition path. We also managed testing and data migration activities to ensure a seamless cutover from the TSA, maintaining business continuity throughout the process.

Key focus areas included:

  • Simplifying the application by removing ambiguous customizations
  • Creating a lean, optimized architecture for future use
  • Managing all transition tasks with detailed planning and stakeholder communication

The Impact

The transition was completed six months ahead of schedule, resulting in a cost savings of $500,000. The total cost of ownership for the SPM tool was reduced by 32 percent.    

Additional benefits included:  

  • Improved application performance due to a leaner architecture  
  • Increased user satisfaction and adoption, confirmed through surveys  
  • A smoother experience for end users with enhanced usability and support    

This initiative not only reduced costs and accelerated the TSA exit but also positioned the client with a more sustainable and user-friendly solution for the future.