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How A Fixed Asset Register Transforms Your Business

Mar 2, 2022 | Blog, Fixed Asset Management Software

How A Fixed Asset Register Transforms Your Business

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How A Fixed Asset Register Transforms Your Business

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In this guide:

  1. Introduction to Fixed Asset Registers
  2. A Fixed Asset Register Boosts Your Productivity
  3. Minimise Losses with Fixed Asset Tracking
  4. Track Depreciation and Eliminate Ghost Assets
  5. Transform Your Business with itemit

In this guide:

  1. Introduction to Fixed Asset Registers
  2. A Fixed Asset Register Boosts Your Productivity
  3. Minimise Losses with Fixed Asset Tracking
  4. Track Depreciation and Eliminate Ghost Assets
  5. Transform Your Business with itemit

A fixed asset register is a brilliant solution for businesses of all types and sizes to keep an accurate record of the assets they own. But not just any assets. As the name suggests, fixed asset tracking involves tracking important information about your fixed assets. 

It wouldn’t be wrong to say that a fixed asset register can transform your business. It can turn your enterprise around from being an average performer to being a leader in your industry. All of this is done by improving the very basics of business management: increasing productivity, reducing losses and maximising your asset turnover ratio. 

A fixed asset register brings various benefits to your business. Although it’s a long list and varies from business to business, we’ll try to enumerate some of the most important things it does to transform your business. Let’s get right into it.

How A Fixed Asset Register Transforms Your Business


Introduction to Fixed Asset Registers

Although the term might’ve meant a physical ledger or spreadsheet a few decades ago, today fixed asset register refers to a software solution that lets you add, edit and view asset information on a digital database. Usable either via a mobile app or web portal, a fixed asset register lets you create unique asset profiles for each of the assets you want to track. 

The asset profiles are stored in a digital asset register online and can be accessed from anywhere with the right credentials. Now that we have some idea of what fixed asset registers are and what they do, let’s explore how they can enhance your business operations.


A Fixed Asset Register Boosts Your Productivity

When we talk about fixed assets, we’re referring to physical items you own that play an important role in your daily operations. By definition, a fixed asset is something your business owns and uses for the long term (usually 1+ years). For instance, IT hardware or company vehicles.

Delays and losses caused by maintenance issues are a leading reason why businesses lose both time and money. This loss of productivity can be reduced and even avoided altogether. All it needs is robust management and some planning. 

With a fixed asset register, managing all your fixed assets becomes much more convenient. This, of course, involves reporting and resolving maintenance issues. As soon as an employee spots an issue with an item, they can report it in a matter of seconds via our asset tracking software. 

This notifies the relevant team members so they can take care of it timely. Better yet, prevent a maintenance issue in the first place by setting up maintenance schedules with the asset register.


Minimise Losses with Fixed Asset Tracking

A large part of your company’s capital goes into acquiring and operating your fixed assets. It’s no wonder that businesses mismanaging these assets are most likely to make losses. You can lose a lot of money if your assets get lost or stolen, stop working due to bad maintenance, and even if you simply don’t utilise them fully. 

You can bring an end to these leakages with itemit’s fixed asset register. Firstly, it helps keep a peeled eye on all items of value you own. itemit also gives you real-time location updates of each asset every time its tag is scanned. You can add an element of accountability with the assignee feature so every team member takes responsibility for the assets assigned to them. This way, chances of assets getting lost or stolen are greatly reduced. 

Secondly, as mentioned in the section above, fixed asset tracking also enables you to maximise assets’ life cycles with timely maintenance. Lastly, it makes proper asset utilisation easier. This lets you maximise your ROI right away.


Track Depreciation and Eliminate Ghost Assets

Tracking fixed assets’ depreciation and getting rid of ghost assets are important in stopping financial leakages. Depreciation is when you track the overtime decrease in value of some assets so you don’t overpay taxes and insurance premiums. 

Ghost assets are assets that show up on your balance sheets but don’t exist in the real world. This is when an asset gets lost, stolen or falls out of service but it remains on the financial documents, again making you overpay taxes and insurance premiums.

With a fixed asset register, tracking depreciation becomes a walk in the park. And when you’re tracking all your assets in real-time, identifying and eliminating ghost assets is also very convenient.


Transform Your Business with itemit

There are innumerable other benefits of using itemit’s fixed asset register. It comes with an array of powerful features that let you streamline and automate your asset management. itemit also stands because of its impressive scalability – you can use it for all your asset tracking purposes. 

To find out more about itemit’s fixed asset register contact our team at team@itemit.com. We look forward to hearing from you! Alternatively, if you wish to experience itemit for yourself, sign up below for our 14-day free trial!

Fixed Asset Register 

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What Is HAM: Hardware Asset Management?

Mar 1, 2022 | Blog, IT Asset Management Software

What Is HAM: Hardware Asset Management?

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What Is HAM: Hardware Asset Management?

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In this guide:

  1. What are Hardware Assets?
  2. What is Hardware Asset Management?
  3. How to Manage Hardware Assets?
  4. Step 1: Creating Asset Profiles
  5. Step 2: Using Asset Tags
  6. Step 3: Track Changes
  7. Step 4: Use the Asset Register to Your Advantage
  8. itemit – Hardware Asset Management Simplified

In this guide:

  1. What are Hardware Assets?
  2. What is Hardware Asset Management?
  3. How to Manage Hardware Assets?
  4. Step 1: Creating Asset Profiles
  5. Step 2: Using Asset Tags
  6. Step 3: Track Changes
  7. Step 4: Use the Asset Register to Your Advantage
  8. itemit – Hardware Asset Management Simplified

There’s depth to asset management. If you’re an experienced entrepreneur, business manager or have spent a considerable amount of time managing assets, you’d know it has its technicalities. There’s a lot more to it than just jotting down an item’s name and value and storing it away forever. 

Although asset tracking can be made much easier by using asset management software, you still need to learn a thing or two when you’re new to it. This includes the many terms and abbreviations that have developed over the years. One of these is HAM (Hardware Asset Management), among many others such as AM (Asset Management), ITAM (IT Asset Management), and RFID asset tracking. 

In this blog post, we’ll discover more about HAM, what it really is and all that it involves. In the end, you’ll also come across how itemit lets your business maximise hardware asset management benefits.

Hardware Asset Management


What are Hardware Assets?

Before we define hardware asset management, it’s worthwhile to explore what your hardware assets are. As the name suggests, these are all physical items that are related to IT. In other words, all physical items that can be connected to a computer device, wirelessly or otherwise, fall into the hardware category. 

Not to mention that these are physical IT assets that your business owns. Any rented or borrowed hardware is not an asset. Before we move forward, let’s look at some examples of hardware assets for greater clarity. These include but are not limited to the following: 

Computers

  • Desktops
  • Laptops
  • Workstations
  • Mobile Phones
  • Tablets and other handheld devices

Removable Media

  • USB sticks
  • DVDs

Network Hardware

  • Servers
  • Routers
  • Hubs
  • Cables
  • Firewalls

Peripherals

  • Screens
  • Printers
  • Scanners
  • Keyboards
  • Mice
  • Copiers


What is Hardware Asset Management?

Hardware asset management is a subcategory of the wider IT asset management. It pertains to tracking your hardware assets for a range of essential details. This includes the asset’s ID, location, valuation, condition, asset issues, maintenance details, date of acquisition, assignee and more. 

Asset management is a continuous process of recording all relevant information about your assets in an asset register. This means you have all the information you need to make better business decisions. This is where itemit comes in. 

itemit is one of the most advanced, but easy-to-use, asset tracking software that’ll help you track your hardware with ease. We let you create unique asset profiles for each item through an intuitive mobile app. You can use these asset profiles to store all the asset information you want in a neat and organised manner. So whenever you need to lookup an asset’s details, it’s only a few touches away in the asset register.


How to Manage Hardware Assets?

The first step would be to have the right asset management tools on hand. itemit is a great all-in-one solution that can help you fulfil all your asset tracking needs from fixed asset management to IT asset management. Once you’ve got it, the action begins by adding your hardware assets to create the asset register.


Step 1: Creating Asset Profiles

Adding a piece of hardware to your hardware asset register is as simple as ABC. All you need to do is push the plus icon on the homepage to add a new asset. itemit will immediately take you to a brand new asset profile where you can add different asset details.

We recommend that you get multiple users to add the hardware they use rather than have one person track all items. Distributing the task this way is much more efficient.


Step 2: Using Asset Tags

Chances are that your business uses multiple hardware assets that are identical to each other. For instance, your employees might all use similar-looking screens or keyboards. Things can get confusing when you’ve got to differentiate identical-looking hardware from each other. 

Surely, there has to be a better way than having each employee mark their devices with a coloured marker. Asset tags are great for this. These are QR code labels that give each device a unique identity and links the physical thing with its virtual profile.


Step 3: Track Changes

itemit makes it easy for you to track every change as it happens in real-time. For instance, if a computer was moved from one location to another, we update its location automatically as soon as its asset tag is scanned. Not just that, but every other detail from maintenance to assignee can be updated in just a few seconds via our streamlined app.


Step 4: Use the Asset Register to Your Advantage

It’s time to reap HAM benefits. With an accurate and up-to-date asset register always by your side, you’re empowered to make educated business decisions. It helps you increase workplace productivity, reduce losses, maximise asset life cycles, bust ghost assets and much more. 


itemit – Hardware Asset Management Simplified

Versatile and scalable, itemit’s asset tracking software is the simplest solution for your HAM needs. To learn more about how your business can benefit from our app, drop us an email at team@itemit.com. We are always at the ready to assist you with any queries you may have. 

Alternatively, you can also choose to take itemit’s asset register out on a test drive with our free 14-day trial. Fill in the form below and test out its features today!

Hardware Asset Management

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Deploying Asset Management Software In Your Business: Top Tips

Feb 28, 2022 | Blog

Deploying Asset Management Software In Your Business: Top Tips

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Deploying Asset Management Software In Your Business: Top Tips

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In this guide:

  1. 5 Tips to Use Asset Management Software
  2. Have a Brief Training Session
  3. Delegate Asset Tracking
  4. Keep Your Asset Register Up to Date
  5. Utilise All Features
  6. Make the Most of Integrations
  7. Choose itemit for Maximum ROI

In this guide:

  1. 5 Tips to Use Asset Management Software
  2. Have a Brief Training Session
  3. Delegate Asset Tracking
  4. Keep Your Asset Register Up to Date
  5. Utilise All Features
  6. Make the Most of Integrations
  7. Choose itemit for Maximum ROI

Just taking off on your asset management journey? Want to start on the right foot so you can maximise ROI and break even as soon as possible? Well, it’s your lucky day because you’re at the right place at the right time! 

We understand how important it is for you to make the most out of every penny you invest in your business. Now that you’ve decided to invest or have already invested in quality asset management software, the next thing on your agenda should be to deploy it the right way.

Continue reading as we bring forth the top tips you need for deploying asset management software in your business. 

Journey- Asset Tracking


5 Tips to Use Asset Management Software

Tracking your assets is a pillar of business management. Maintaining an accurate and up to date asset register is important to keep your business productive and profitable. Doing it right requires time and effort. 

But everything is easier when you’ve got the right asset tracking software that suits your needs. Here are some things that are worth considering when starting to use it in your business.


1. Have a Brief Training Session

itemit’s asset management software is the most easy-to-use and intuitive option you’re going to find on the market. Its uncluttered layout, easy navigation and simple yet powerful features won’t take you and your employees more than a few minutes to understand. That said, a brief introductory session never hurts.

When you’re introducing itemit to your team, you can be pretty sure that everyone will get the hang of using the mobile app or web portal quickly. However, you can take this session to table the goals you want to achieve with asset tracking. You can ask every team member to download the itemit app on their devices and log in with the appropriate credentials.

You can also highlight the most important asset tracking features you want your employees to use. Let them know what they’re expected to do when they encounter an issue with an item or how to check an asset out when taking it out of the workplace. Detailed tutorials are also available on itemit’s Youtube channel.


2. Delegate Asset Tracking

Now, asset tracking is best done when it’s a shared responsibility. Having one person take care of your entire asset register is ineffective and dreadfully slow. Moreover, if you’ve got a lot of assets, setting up the asset register would take forever when only one or two users are responsible for adding every asset to the software. 

The best way forward is to have all or most team members install the asset tracking app on their devices and track assets relevant to them. itemit has a readily downloadable app available on the App Store or Google Play. Having 10 team members add 5 assets each to the asset register is much more efficient than having one person handle 50 assets. 

Not just that, but the items each employee uses on a regular basis can automatically become their responsibility to track. itemit helps you do that by assigning assets to team members.


3. Keep Your Asset Register Up to Date

This is something you want to make sure of from the very first day you use asset tracking software. Remember that an outdated asset register is no better than not keeping an asset register in the first place. It all comes down to the accuracy of your data in the end. 

Inform your team members of how important it is to keep asset data updated. Mention that each user must update the asset register as soon as they make or observe a change in an item. For instance, if you’re moving a printer from the HR department to sales, make sure you update the asset register so anyone who wants to find that printer won’t be scratching their hand standing in the HR department. “Where did that thing go?


4. Utilise All Features

itemit has the most amazing set of features you’re going to find in asset tracking software. We want to make sure you get to use each tool to make the most out of your investment. For instance, itemit offers bulk action so you can update multiple assets’ details with ease. You can add photos to asset profiles too!


5. Make the Most of Integrations

Last but not least, integrations are what make everything flow together smoothly. itemit has a whopping 2000+ app integrations including tools like Slack, Trello, Google Calendar, Google Sheets and more! Linking your asset tracking software with the other tools your business uses is an excellent way to save up on time and make your daily operations streamlined.


Choose itemit for Maximum ROI

If done right, asset tracking holds a lot of potential for your business. It can single-handedly turn your business around, boost your ahead of your competition and increase your revenue. 

A well-kept asset register saves you time and money. And the best way to have a well-kept asset register is to let itemit help you. Reach out to our team at team@itemit.com today and find out more about deploying it in your business.

Asset Management Software: Top Tips

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Instant access. No credit card details required.

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Why itemit Is The Best Asset Tracking Software

Feb 25, 2022 | Blog

Why itemit Is The Best Asset Tracking Software

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Why itemit Is The Best Asset Tracking Software

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In this guide:

  1. How Do You Evaluate the Best Asset Tracking Software?
  2. Understanding Your Needs First
  3. Business Type and Size
  4. Asset Tracking Needs
  5. Budget
  6. Complexity
  7. Factors to Consider when Finding the Best Asset Tracking Software
  8. Ease of Use
  9. Data Location
  10. Location Tracking
  11. Asset tags
  12. Automation
  13. RFID Capability
  14. Versatility
  15. Customer Support
  16. Shareability
  17. Pricing
  18. Final Thoughts

In this guide:

  1. How Do You Evaluate the Best Asset Tracking Software?
  2. Understanding Your Needs First
  3. Business Type and Size
  4. Asset Tracking Needs
  5. Budget
  6. Complexity
  7. Factors to Consider when Finding the Best Asset Tracking Software
  8. Ease of Use
  9. Data Location
  10. Location Tracking
  11. Asset tags
  12. Automation
  13. RFID Capability
  14. Versatility
  15. Customer Support
  16. Shareability
  17. Pricing
  18. Final Thoughts

What makes itemit the best asset tracking software on the market? Surely, there are quite a few brands that make the same claim, but how many of them live up to it? 

Being the best asset tracking software is quite the claim in a competitive industry as asset tracking, so we better have enough to back it up. But before we get into substantiating itemit’s superiority over other asset tracking software, let’s talk a bit about you! 

Chances are that you’re a business owner, manager or employee researching for the best asset tracking software for the company you’re associated with. Naturally, you want to do this task to the best of your ability and find a software solution that suits your needs best. We’re here to help you do just that! 

This read will not take you more than 10 minutes but by the end of it, you’ll have your answer. Buckle in. Let’s get started.


How Do You Evaluate the Best Asset Tracking Software?

It’s a good idea to look at the map before you take on a journey. When getting to the best asset tracking software is your destination, we should get started on the right path. This means knowing what factors evaluate when comparing different asset tracking solutions.

First and foremost, the software you choose should be the one-stop solution to your problems. The general purpose of every asset tracking software is the same: to track assets. But every software is built differently, has different nuances and is better suited to different kinds of businesses. 

For instance, asset tracking software that helps a taxi company track its vehicles won’t necessarily be helpful for an IT company that needs to keep an accurate asset register of all devices it owns. Unless it’s built versatile. 

So it boils down to you and your specific needs. The best asset tracking software for another business in another industry might not be the best choice for your business. That said, this blog post helps you choose the asset tracking software that’s right for you.

Evaluation Asset Tracking Software


Understanding Your Needs First

To choose the best asset tracking software, you need to understand your asset tracking needs first. A Google search for the ‘Best asset tracking software’ will land you on endless listicles with a lot of potential options to go with. Being bombarded with so many options at once can be quite overwhelming. Not only that, but not everyone has time to read all of those posts and compare each software’s features with others.

Things become much easier once you’re sure of what you’re looking for. When you know what you want, the decision-making process is much faster.


Business Type and Size 

What does your company do? Are you a manufacturer? Do you provide services? How many employees do you have? Are you a small-scale, medium-scale or large-scale enterprise? 

Ascertaining these facts will surprisingly narrow down your search. This is because some asset tracking apps are best for companies with 100+ employees while some are great for small enterprises.


Asset Tracking Needs

Why do you need asset tracking software? Do you want to keep a fixed asset register? Do you want equipment checkout software? Or you’re just looking for a general-purpose asset register that can help you keep an eye on all sorts of items.

Some of you might even be looking for a personal asset register to help them move houses without losing their stuff. The applications you’ll find on the market may not offer what you need. So that’s an easy way to further narrow down your approach.


Budget

All companies allocate a limited budget to their asset tracking programme unless you work at the World Bank or something. But even then, you have to find software that will do the job inside your budget. This is yet another straightforward consideration that will slash off software solutions that are too expensive.

Budget Asset Management Software


Complexity

Are you looking for an easy-to-use application? Do you want all of your employees or team members to be able to use it without much difficulty? Or are you looking for a more advanced solution that will only be used by a few trained professionals in charge of asset tracking? 

Your business type and size, asset tracking needs, budget and complexity requirements are some of the most important things you need to understand about your company. This gives you an instant boost in the right direction by narrowing down your search and helping you dismiss unfeasible options. 


Factors to Consider when Finding the Best Asset Tracking Software

Asset tracking has depth. You need to look at quite a few different asset tracking needs and functionalities to reach a decision. Let’s jump right in.


1. Ease of Use

Not all asset tracking software are easy to use. Finding an intuitive asset tracking app should be your top priority if it’s going to be used by most or all members in your team. Not everyone is comfortable working with different types of technology and apps. Hence, you need to choose a software that your employees can easily learn to use.

This factor also includes the devices the software is compatible with. Ideally, it should run on all operating systems that your company uses. In most cases, this includes iOS, Android and web applications for computers. The asset tracking app should be easily installable and ready to use. 

itemit checks in all boxes when it comes to ease of use. It’s an off-the-shelf solution with an intuitive interface that anyone can learn to use in a jiffy!


2. Data Location

This refers to where the asset tracking app stores your data. It may be online on a cloud-based database or locally in one of your devices. Softwares that use cloud-based databases to store your data are a clear winner here. 

Cloud-based asset registers mean you can access your assets’ data from anywhere with an internet connection. That said, all of your data is secure and only authorised personnel can log in to view information. Local storage means your asset register cannot be accessed remotely and you’re always at the risk of losing precious information. 

itemit stores your asset data online so you can view and edit your asset register no matter where you are. Take the win again.

Budget Asset Management Software


3. Location Tracking

The ideal asset tracking software should offer robust location tracking for your assets. This goes a long way in making you productive and reducing losses. While this includes GPS tracking, it’s not limited to just that. The asset register app should let you record the location for any asset whether or not you use GPS tags. 

itemit lets you track asset locations with simple QR code asset tags as well as RFID tags. We’ll come to asset tags later, but this was just to mention that itemit lets you record the real-time locations for all your assets with just a simple asset tag scan. This updates the item’s location in the asset register so all users can see where each asset is.


4. Asset tags

Asset tags are physical labels that help connect a physical item to its digital profile in the asset register. They make asset tracking a walk in the park. All you have to do is scan the asset tag with your smartphone scanner or a special scanner if you’re using RFID, and it automatically updates the asset’s location and opens up its profile so you can record fresh details right away.

itemit offers QR code and RFID tags so you can tag all kinds of assets. GPS tags are also available for tracking larger assets such as vehicles.


5. Automation

Automation is the future. You need to start automating the simplest asset tracking tasks so you and your team members can make the most of your time. The best asset tracking software should provide a decent degree of automation. For instance, asset locations should automatically be updated when an asset tag is scanned. 

The app should also help you send automatic maintenance alerts to relevant personnel without having to reach out to every person individually to let them know of a maintenance issue. itemit does all of that.


6. RFID Capability

Many claim RFID to be the future of asset tracking. That is very much the case. If you’re from a small or medium-scale business, you might be thinking that this advanced technology is of little use to you. But that’s not correct. Small-medium sized businesses can use RFID solutions, and it can really boost them ahead of the competition. 

RFID asset tracking empowers you to automate a lot of functions. For instance, RFID tags can automatically be scanned by fixed scanners if they enter their range. This way, basic asset tracking functions can be performed with zero human interference. itemit offers excellent RFID functionality so it checks this box as well!


7. Versatility

The solution you choose should be versatile. What does this mean in terms of asset tracking? Keeping a record of the items you own can be in the form of IT asset tracking, fixed asset tracking, equipment check-in and checkout, or even high-value collection audits. That seems a lot of different stuff for one app, but in an ideal world, you should be able to do all of it with one software.

itemit brings you that ideal world. It’s one of the most versatile asset tracking software on the market. You can use it for tracking all sorts of assets and it will do you a perfect job!


8. Customer Support

No matter how good a software is, you will inevitably run into a problem or need some help while you use it. This is where customer support comes in. The best asset tracking apps have robust customer support that’s available at all times to explain how things work and help you sort out an issue. 

itemit has a very friendly customer support team that’s at the ready 24/7 to solve problems and answer any questions you might have.

Budget Asset Management Software


9. Shareability

Shareability refers to how many people can use the asset tracking software at a time. The greater the number of team members you can collaborate with on the asset register, the better. This is because asset tracking is best done when it’s a shared responsibility among different members and not reliant on just one person. 

itemit’s Starter Pro plan lets you share the asset register with up to 3 users with the Pro and Industrial plan offer unlimited users. The extreme shareability makes itemit the best asset tracking software to delegate asset-related responsibilities.


10. Pricing

We all need to keep our finances in check. The ideal asset tracking software gives you value for the money you spend on it. But not just ROI, the subscription plans should be reasonably priced that suit both small-sized businesses and large enterprises. itemit offers excellent features at pretty good pricing plans that are scalable as your company grows.


Final Thoughts

itemit comes with a wide range of powerful features. Location tracking, configurable report generation, AI-powered image recognition, creating maintenance schedules, you name it – itemit has it all.

If you want to learn more about why itemit is the best choice for you, contact our team at team@itemit.com. We are always more than happy to resolve any queries that you may have!

If you wish to gain some hands-on experience with itemit, sign up for our free 14-day trial below!

itemit The Best Asset Tracking Software 2022

Choose a better way to track your assets

Start your free 14-day trial now

Instant access. No credit card details required.

Start Free Trial

or, download the itemit app to get started

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Why IT Asset Management Is So Critical

Feb 23, 2022 | Blog, IT Asset Management Software

Why IT Asset Management Is So Critical

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Why IT Asset Management Is So Critical

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In this guide:

  1. What Are IT Assets?
  2. How Can IT Asset Management Be A Boon For Your Business?
  3. Reduce Wastage In Your Business
  4. Improve Accountability Within Your Business
  5. IT asset Management And Asset Tags
  6. Why Is IT Asset Management Crucial
  7. itemit And IT Asset Management

In this guide:

  1. What Are IT Assets?
  2. How Can IT Asset Management Be A Boon For Your Business?
  3. Reduce Wastage In Your Business
  4. Improve Accountability Within Your Business
  5. IT asset Management And Asset Tags
  6. Why Is IT Asset Management Crucial
  7. itemit And IT Asset Management

Lost in a daze trying to identify IT assets?

Can’t wrap your head around why IT asset management is crucial to businesses nowadays? 

There’s no need to worry because, in this blog, we’ll be going over everything related to IT asset management! 

IT Management


What Are IT Assets?

Let’s start off with some baby steps: “What is an asset?”. 

Simply put, an asset is something, anything, that you own which plays a role in your routine business operations. 

The term “IT asset” is quite straightforward – it refers to all assets related to IT. As such, IT assets are not limited to only hardware, they may also consist of software. Even digitally-stored information makes the cut!

To improve your understanding of IT assets, we’ve given a brief description of three different forms of IT assets:

  • Hardware: Any physical object used to carry out digital tasks can be considered to be IT hardware. Examples include laptops, smartphones and printers to name a few. 
  • Software: Purchased or leased software that you employ in conducting day-to-day business operations. For instance, check-in/check-out software is considered to be an IT asset. Find more about software asset management.
  • Digital Information: Any information that is used by your business to carry out different tasks is classified as an IT asset. This may be a licence agreement, cryptocurrency asset, or even an NFT.


How Can IT Asset Management Be A Boon For Your Business?


Reduce Wastage In Your Business

IT asset management software gives you a bird’s eye view of the data. However- itemit isn’t limited to just this. Using itemit’s asset management software, you can view each individual asset.

By storing relevant and up-to-date data, your asset management software becomes a powerful tool. Taking advantage of itemit’s can allow you to you can extend your assets’ lifespan, improve your assets accountability and maximise the return on your investments. This is accomplished through maintenance schedule reminders, asset tracking and customisable reports- all features built directly into itemit itself.

Whether you want to log your asset depreciation or book assets in advance, itemit can do it all within the blink of an eye.


Improve Accountability Within Your Business

The constant nagging worry of assets being misplaced getting under your skin?

Well, by employing itemit for IT asset management, you can rest at ease knowing that you’ll never misplace an asset again.

By knowing where your assets are, and who has them, your workers will waste less time in locating assets. itemit logs the current assignee and the assignee history automatically so that there is no chance for any discrepancy in the data. 

Simply knowing that all this data is being recorded will subconsciously spur your employees to be more responsible with your business’s assets. Greater accountability leads to greater care, and greater care of assets leads to a longer asset lifespan. 

Naturally, as accountability within your business improves, so does its productivity-boosting your business’s profitability in the long run.


IT asset Management And Asset Tags

One of the dandiest features in itemit is its support for asset tags. Asset tags open up a wide range of possibilities with itemit’s IT asset management software. 

Speeding up asset check-in/check-out is just the tip of the iceberg- by using asset tags, you can use itemit’s IT asset management software to implement GPS asset tracking, RFID tracking and all sorts of different features.


Why Is IT Asset Management Crucial

For business dealing with IT, itemit’s asset management software solution is an absolute necessity. whether you want to keep track of your IT assets or optimise productivity and business funds allocation, itemit’s IT asset management software can help you out on all ends.

Using IT asset management software, you can create unique asset profiles for each and every IT asset. By doing so, you can store important information about each asset to its unique profile. 

For example, if you’ve recently bought a laptop, you can create a new asset profile for said laptop, and store important information such as the purchase date, purchase cost, warranty information, and laptop specifications. This data can then be accessed from any place, at any time. With the help of itemit, you can track your assets in real-time. As a result, accountability in your business is bound to improve-say goodbye to worrying about your assets being misplaced!

However, that’s not all. With IT asset management you can easily keep track of your asset’s location and their current assignee. 

By presenting data in orderly reports and exports, data analysis becomes much easier. With relevant data available at your fingertips, making well-informed decisions becomes a cakewalk.

Recording unique information for different assets opens a lot of new doors leading to your business’s growth. At the end of the day, IT asset management software gives you greater clarity and control over your IT assets and their data. all this data is always accessible to you. 


itemit And IT Asset Management

itemit is a must-have for an IT-intensive business. Equipped with a multitude of handy features, itemit can boost your business’s productivity tremendously

If that wasn’t enough to convince you, you can opt to contact our team at team@itemit.com. We look forward to resolving any queries that you may have!

Alternatively, you can learn more about how you can take advantage of itemit’s IT asset management software you can book a demo here. 

If you wish to gain some hands-on experience with itemit, sign up for our free 14-day trial below!

IT Asset Management

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