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How To Reduce Your Office Costs By 80%.

How To Reduce Office Costs With Flexible Working.

In today’s rapidly evolving work landscape, adaptability is key. This rings particularly true for technology firms, where agility and innovation are paramount. One such company found itself at a crossroads, re-evaluating its workspace strategy to meet the changing needs of a distributed workforce and embrace a remote-first approach. Let’s delve into how this fintech firm managed to reduce office costs by 80% and transformed its workplace strategy.

The Challenge: Rethinking Workspace In A Distributed World.

Omnio Global is a leading financial technology company and a principal member of Visa. They are an authorised e-money institution offering specialist banking and payment solutions to support many of the world’s leading businesses and government organisations to deliver innovative and effective financial products. Omnio’s mission is to create long-lasting connections between brand and customer and their core platform OMNICORE.

Faced the challenge of reassessing its headquarters and portfolio strategy amidst a shifting workforce landscape. Omnio recognized this and decided to pivot towards a more flexible workspace solution that could accommodate its distributed workforce and support a remote-first workplace strategy. With remote work becoming the norm, the traditional leased workspace was deemed no longer fit to meet the future needs of the business. Omnio consulted with officebroker.io to find a flexible solution to retain a physical working environment for a core team to collaborate on projects in a face-to-face environment, whilst providing workspace access to a distributed workforce of thirty-five members.

The Solution: Bespoke Hub-And-Spoke Model.

Omnio Global learned about WeWork via a direct outreach program tailored by officebroker.io to identify technology companies based in London that might benefit from a change in their working practices. After learning the details of the challenges faced, the officebroker.io team proposed a custom solution embracing a hybrid workspace solution combined private workspace alongside a bespoke workplace program. By leveraging WeWork’s global footprint Omnio created a hub-and-spoke model for employees to access dedicated workspace across various locations facilitating collaboration beyond the confines of their new headquarters.

The Results: Office Costs Reduced By 80% Per Annum.

As Omnio transitioned to a bespoke hub-and-spoke model, accommodating the company’s core concepts of Work From Anywhere (WFA) policies, the WeWork Workplace program provided the flexibility needed to support this transition. Employees now have a cohesive work experience and the ability to work seamlessly across various global locations. Overall, Omnio has managed to reduce office costs by 80% per annum by following the free consultancy provided by officebroker.io.

Conclusion: A Future Proofed Workspace Strategy.

In embracing flexibility and reimagining its workspace strategy, Omnio found more than just an office. By leveraging officebroker.io expertise and WeWork’s global network, Omnio was able to make efficiencies to its workspace but created a workspace environment for a distributed workforce.

As a global leader within the fintech community, Omnio continues to push the boundaries of what’s possible, fuelled by a workspace strategy that embraces change. With WeWork by their side, Omnio is well-positioned to navigate the challenges and opportunities that lie ahead, ensuring that they remain at the forefront of innovation in the ever-evolving world of fintech.

The Last Word: Client Testimonial.

As a commercial property broker, Julian exceeded all of my expectations and has been instrumental in helping Omnio to secure the perfect office space. From the very beginning, Julian demonstrated an exceptional level of professionalism, expertise, and dedication. He took the time to listen to our requirements and preferences, whilst his understanding of the flexible office space market ensured that each office space presented was a viable option.

Throughout the entire process, Julian was incredibly responsive and communicative and kept us informed at every step, providing valuable insights along the way and ensuring that Omnio received the best possible deal on our new office space.

What truly sets Julian apart is his genuine commitment to his clients and going above and beyond to make sure that the entire experience was smooth and stress-free. His professionalism, integrity, and dedication to client satisfaction is unparalleled. I am incredibly grateful for Julian’s assistance and look forward to working with him again in the future.