ITAM

IT Asset Management solves the problem of the inefficient use, misuse and management associated with high value assets, and their associated components, in any given business environment regardless of the environment’s size or complexity.

IT Asset Management gives the customer the understanding of what assets they already own and how those assets are being used in order to determine the need for new purchases, retirement of older equipment and/or a given asset’s compliance with contractual and/or government standards.

IT Asset Management solves this problem by tracking assets through every phase of their life-cycle, from request to retirement, and all associated costs generated during its lifetime of service in any given business environment. This is accomplished by interfacing the ITAM system with core business functions such as human resources, procurement, finance, inventory control, legal/contracts and service management (Help Desk).

By compiling and maintaining this information in a single repository, Asset Managers can track and manage the proper use and maintenance of all assets without the need to access multiple disparate databases, applications or other tools.

The value delivered by a methodical IT Asset Management implementation boils down to total cost of ownership understanding and management of existing assets to maximize their value. By understanding what assets you have at any given time and their associated costs and interdependencies within a given business environment, the business managers can make sound cost-saving decisions on the use of their existing asset pool to accomplish their business objective(s) vs. purchasing or renting extraneous assets and/or supporting equipment to accomplish the same objective(s).

IT Asset Management also saves the customer from potentially damaging legal fees, services costs or reprimands by ensuring assets are held to contractual standards, such as software license violations and maintenance requirements.

A comprehensive IT Asset Management system delivers to the end user a “one-stop” repository of all information associated to a given asset or group of assets. This enables users of the system to generate meaningful reports and/or create detailed analysis of how assets are being used over time, identifying those assets making the most return on investment or costing the business money in fees or maintenance.

Moreover, the end user interface to the ITAM system can be customized to suite whatever business or technical role/function a given end user is tasked with in order to do their job most efficiently.

Procurement Managers can immediately access information on requests, assets awaiting receipt or assets recently received.

Inventory Managers can immediately access information on an assets location, related components, whether it’s in production or stock, and to what business owner and/or financial structure within the company the asset belongs to.

Contract Mangers can immediately known what assets are due for maintenance, lease renewals or in danger of causing a license violation.

And finally, any user can see what assets are assigned to them and that asset’s associated components.