Case Study: Farmers Mutual Group achieves 10x ROI in 10 months with Vertice

FMG - Customer Case Study

Farmers Mutual Group (FMG), a leading rural insurer in New Zealand, faced a significant challenge with its growing SaaS expenses. Despite working with a third party, their contracts were frequently auto-renewed without any evaluation of usage, value, or pricing, leading to overspending on unsuitable tools. FMG needed a partner to help proactively manage its software procurement and control its spiraling costs, leading them to seek out Vertice.

Vertice provided FMG with a dedicated procurement manager who used extensive benchmarking data and vendor insights to reassess and renegotiate contracts. This solution delivered a 10x return on investment for FMG within just ten months. Vertice's expertise not only achieved significant cost savings but also provided crucial visibility into software usage, allowing FMG to right-size contracts and mitigate the impact of SaaS inflation.

FMG

Christian Hayes

Head of Technology