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! 

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.

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.

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.

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.

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 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!

Instant access. No credit card details required.

or, download the itemit app to get started

In the not-so-distant past, businesses used spreadsheets to manage their assets. However, with the advent of digital technology, there was an increasing need for a faster, more efficient way of tracking assets. Businesses now had to track large amounts of data and storing all of it by hand was risky: the chances of someone making a mistake were high.

Lack of accessibility and needless complications in data handling only furthered the agenda. To address all these concerns, the advanced asset register software that we know of and use today was created.

Asset tracking software has the ability to maintain a central, localised database for all of your business assets. itemit asset tracking software includes unique asset profiles, assignee, valuation, location and more. The software aims to reduce human intervention by increasing the amount of automation. This leads to reduced human error. 

At the end of the day, asset tracking software is a smarter, easier, and more intuitive way to manage and track your assets. itemit can provide you with a powerful yet simple asset tracking software with unique features to help eliminate asset-related issues in your workplace.

Now let us address the question that you’ve been waiting for: “How does IT asset management benefit from asset tracking software?”

First and foremost, itemit’s IT asset tracking software gives you a better view of your assets. Capable of storing up-to-date and accurate data, the asset register becomes an invaluable tool. Using itemit’s asset tracking software, you can extend assets’ lifespan, improve asset accountability and maximise the return on your investments. 

Want to track your assets changing value? Perhaps you’re planning on booking some assets in advance? Rather than spending hours on each task, itemit can do it all with the span of a few seconds.

With just a few taps, you can access any of your assets data-even from the comfort of your own home! This makes duplicate purchases less likely and helps prevent needless cash outflows in your business.

Accountability and productivity are arguably two sides of the same coin – having one guarantees the other. By using asset tracking software, you can improve your IT business’s accountability.

By knowing where your assets are, less time is wasted in locating assets. With the current assignee and assignee history clearly logged onto itemit’s asset tracking software, your employees will be compelled to be more responsible with your assets. Greater accountability leads to greater care, and greater care of assets will inevitably improve their lifespan.

Featuring a built-in tool accommodating asset tags, itemit’s IT asset tracking software comes with a wide range of helpful features. Whether you need GPS location tracking or RFID asset tracking, itemit has everything that you can think of – and more!

As an IT company, some of your daily tasks will involve tracking many different assets. Therefore, ITAM (IT Asset Management) software is absolutely essential. 

With the help of ITAM, you can assign unique profiles to each of your IT assets. These profiles can store all sorts of asset data, such as the purchasing price, and current owner.

For instance, you can create a new asset profile for a leased software, storing details such as the purchase price, lease duration, version and so forth.

It doesn’t end here. ITAM involves tracking much more functional data. One of the greatest boons provided by ITAM is that all of your data is placed right at your fingertips. Say goodbye to lengthy, complicated and time-consuming methods of searching asset’s data! With this newfound accessibility, you’ll be better equipped to make well-informed decisions for your business.

Using itemit, you can also create reports to observe how your IT assets are being utilised. When used correctly, these reports can give you the upper hand over your competitors. After all, graphs can accomplish wonders when it comes to predicting trends in the market

Recording your assets data opens up many new doors to productivity, simultaneously boosting your business’s efficiency. Furthermore, by centralising all the data and storing it in a single, shared database, itemit’s IT asset tracking software, gives you more clarity over your IT assets. With improved clarity comes improved control, allowing your business to grow further.

From keeping a detailed log of all your IT assets to booking assets in advance, itemit’s asset tracking software has it all.

ITAM is pivotal to any modern IT-oriented business. To take advantage of ITAM, itemit is undoubtedly a must-have. By leveraging the advanced features embedded into itemit’s asset tracking software, your business with see productivity rise and consequently higher profitability.

Versatile and scalable, itemit’s asset tracking software is a universal solution hand-crafted for any and all sorts of asset tracking purposes. 

To learn more about how your IT business can benefit from itemit’s asset tracking software, drop us an email at team@itemit.com.We are always happy 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 yourself using our free 14-day trial. Fill in the form below and test out its features today! 

Instant access. No credit card details required.

or, download the itemit app to get started

Trying to list all the IT-related assets that you may have can often be quite a baffling task. From mice to headphones, the list of assets seems nearly endless. Consequently, it comes as no surprise that managing this horde of assets is quite the hassle.

Fortunately, you’re at the right place. We’re here to help you out with this encumbrance and transform IT asset management from being a hard row to hoe to something so simple that you’ll be able to do it with your eyes closed. Continue on to learn more!

An asset is simply something that you own that plays a role in your day-to-day business operations. Whether it’s employed in producing goods or services, or simply a plot of land owned by the business, assets encompass anything and everything that a business may own. 

However, the term “IT asset” refers to a specific sub-segment belonging to assets. Comprising any and all tools that help you in conducting computer-based tasks, IT assets can vary from hardware to software. Even digitally-stored information that holds some inherent value for your business makes the cut. 

To aid your understanding, let’s have a brief view of the three different forms of IT assets:

•  Hardware: Any physical object that helps you conduct digital tasks is considered to be IT hardware. For instance, laptops, smartphones, mice, keyboards, printers, Wi-Fi routers, and telephones. 
• Software: Purchased or leased software that helps in conducting your business operations, such as your employee’s data-tracking software system, are also considered IT assets.
• Digital Information: Any information that is useful to business operations is considered to be an IT asset. These could be license agreements, financial datasheets, or even NFTs or crypto assets.

As an IT-intensive company, some of your routine tasks will involve keeping track of many different assets. As such, ITAM (IT Asset Management) software is an absolute necessity. 

Using an ITAM, you can assign unique profiles – equipped with important information – to each of your IT assets. For instance, you can create a new asset profile for a laptop, which can then store details such as the specifications, purchase price, warranty information, and so forth.

Moreover, IT asset management involves tracking much more functional data. From the current assignee to the next maintenance date, itemit’s ITAM places all such information directly into the palm of your hand. This makes the data both easy to understand and accessible, allowing you to make well-informed decisions for your business. 

Recording unique information for different assets opens a lot more possibilities to improve your business’s efficiency and productivity. By localising all the data and storing it in one specific location, itemit’s IT asset management software, gives you greater clarity and more control over your IT assets, opening up ways for your business to grow.

Not only can you create an accurate asset register, but you can also create customisable reports to observe how your IT assets are being utilised. Used correctly, these reports can prove to be the dark horse in boosting your business productivity, giving you an edge over your competitors.

From keeping a detailed and updated log of all your IT assets to sending asset maintenance reminders, itemit’s asset register has it all. With the help of such powerful tools aiding you in minimising costs, your business will be sure to grow.

itemit’s IT asset management software gives you a better view of your assets. By storing up-to-date and accurate data, the IT asset register becomes a powerful tool that helps you extend asset life, reduce asset theft and make the most out of your investments. From tracking depreciation to booking assets in advance, using an ITAM can allow your business to take strides in reducing loss of time and money.

What’s more, with the entire database just a few clicks or taps away, you can search the asset tracking software for any asset that your business owns. By utilising asset profiles, you can locate and retrieve assets, and avoid duplicate purchases.

Accountability and productivity go hand-in-hand. In general, using IT asset register software and asset tracking can improve your business’ accountability. Employees tend to feel a stronger sense of responsibility when they are assigned assets through itemit’s asset register. This encourages employees to be more mindful while using assets, taking greater care to ensure that they are used the right way, kept safe and well-maintained.

With a built-in functionality to accommodate asset tags, itemit’s IT asset management software comes with a great range of helpful features and functionalities. Be it AI-based image recognition or GPS asset tracking, itemit’s asset register has it all!

ITAM software is a crucial tool that every IT-intensive organisation can leverage for improved productivity and greater profits. For that purpose, itemit’s software solution is the one for you. Highly scalable and versatile, it’s a one-size-fits-all solution hand-made for all business sizes and asset tracking purposes. 

Feel free to contact our team at team@itemit.com to find out more about how your business can benefit from using itemit’s IT asset management. We are always happy to assist you with any queries you may have. 

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

Instant access. No credit card details required.

or, download the itemit app to get started

There was once a time when using a spreadsheet could be considered the best way to track your IT assets. This is when spreadsheets used to be one of the most advanced software applications in the world. Of course, that time is long gone. 

As technology develops, businesses are incorporating modern solutions that let them perform their day-to-day tasks better. In that regard, IT asset management software has replaced spreadsheets for asset management. This is simply because asset tracking software is a quicker, easier, more technologically advanced and economical option to track your IT assets. 

Today, spreadsheets are no longer the best method for asset tracking. If you want to keep up with the rest of the business world, you must do what the best-in-the-business do: use IT asset management.

Spreadsheets are used by 71% of businesses around the world. That’s a huge percentage, and rightly so because there’s no other tool as useful as the good old spreadsheet. It’s a universal application, used by employees of all levels from the office intern right up to the chief executive of a company. 

Popular spreadsheet apps like Microsoft Excel or Google Sheets are examples of generalist apps that different companies use for a wide range of purposes. They can be used for accounting, project management, attendance, asset management and much more. Doing so, spreadsheets can prove to be pretty useful for small-to-medium-sized businesses which don’t have a lot of specific requirements. 

However, as a business grows and develops complex requirements, spreadsheets cease to be the universal solution for all of its problems. For large scale businesses, spreadsheets may even become a hindrance in the way to sustainable growth. At this point, an enterprise needs to have a more sophisticated and specialised solution so it can carry out its tasks better. 

When it comes to asset management, you can only manage to perform the most basic asset tracking activities with spreadsheets. And that’s if you have no more than a dozen assets. If you’ve got more than that, you’d have really messy sheets that are horrible to work with. 

This section will talk about five reasons why asset tracking software is better than spreadsheets.

To put it out there, spreadsheets were created to store data. They are not made for asset tracking. Particularly because there’s no space for errors in asset management, but one can make plenty of them using spreadsheets. There’s an error in 90% of all spreadsheets, which is nothing less than a disaster when it comes to asset tracking. 

Spreadsheets are prone to this many errors mainly because an employee updates them according to what they know. Oftentimes, different employees have different information about an asset, and with no space for collaboration, spreadsheets lead to a lot of errors, misunderstandings and confusion.

One of the most fundamental requirements for your businesses’ asset tracking to work is for your asset register to be up to date. An outdated asset register is no better than not having one at all. 

As it happens, spreadsheets cannot be updated as efficiently. The monotonous process of finding each cell and re-entering updated data is overwhelming. On the other hand, IT asset management software offers a much better solution to keep your asset register updated at all times.

When tracking a wide range of assets, you might often need to attach different file types like photos or videos to the asset register. This cannot be done with spreadsheets. 

Important files like asset purchase documents, photos and videos related to maintenance can easily be attached to individual asset profiles with an IT asset management software like itemit.

There are various features that make asset tracking much more automated with itemit. Spreadsheets are just plain old sheets that have to be manually edited for each and every update. This can be a lot of work for the one person in charge of asset management. 

With asset tracking software, keeping an up-to-date record of all asset details is much easier. When multiple employees can access and update the asset register, the responsibility gets shared across the team rather than resting on one person’s shoulders. 

There are other ways how itemit automates asset tracking. For instance, each time an asset tag is scanned, the asset location gets automatically updated. In the same vein, when an employee marks an issue with an asset, the manager is automatically notified about the issue by the software.

With spreadsheets, all asset information that you see is from the past. More often than not, not all the information a spreadsheet gives you can be applied to the present because assets are in a constant phase of change. IT asset management software like itemit gives you real-time information about assets so you can be absolutely sure that the data you have is correct. 

Each employee using an asset can keep the asset register updated with the latest changes as soon as they take place. In the same way, the location for each asset is kept updated automatically. The equipment checkout feature lets you see which items are out of the workplace and who has them.

In terms of efficiency and functionality, it’s pretty clear why IT asset management software is better than using spreadsheets. But you might still hold that using free spreadsheet software is more economical than investing in asset tracking software. 

You’d be surprised to learn that the amount of time and resources you spend when tracking assets with spreadsheets is much more than the money and time you’d invest in asset tracking software. To learn more about how it saves you time and money, reach out to our team at team@itemit.com.

You can also take itemit on a test drive and use all of its features for yourself by filling in the form below and starting your 14-day free trial.

Instant access. No credit card details required.

or, download the itemit app to get started

Software asset management or SAM is a subset of IT asset management or ITAM. IT asset management involves tracking any asset that is linked to IT processes in your organisation. This includes all sorts of hardware and software.

As the name suggests, software asset management includes only the latter. SAM is a business strategy for managing and optimising how your company purchases, deploys, maintains, utilises, and retires software assets. 

Software asset management, in many ways, is different from conventional asset management most of us are used to. This post aims to get you familiar with the idea, understand how SAM works and how to implement it in your business operations.

Before we understand how software asset management works, it’s necessary to get familiar with the definition of software assets. Some of us already know what it is, but some don’t. Let’s make sure everyone is on the same page before moving forward.

A piece of software is a computer program that tells a computer how to work. It can be something as basic as the operating system such as Microsoft Windows or Linux, common apps like MS Office or more complex programs like project management or graphic design software. 

Now, a software program is a business asset if your company has purchased it, owns it and uses it for its operations. Although these are intangible assets that do not hold physical value, they still are an important part of a businesses’ financial structure and define how it goes about its day-to-day work. 

When it comes to using Software as a service, there are different schools of thought as to whether they qualify as an asset or not. It depends on your business. If you’ve not purchased a piece of software fully, but only use it with a weekly, monthly or annual subscription, then you may account for it as an expense rather than an asset. But again it’s up to you and your software asset management goals.

Just like you can make duplicate purchases when buying other business assets, you can buy software licences in excess too. SAM is a smart approach businesses use to balance the software licences they purchase with the number of software licences they bring into use. 

Since these are intangible assets that you cannot see sitting around the office unused, it becomes even easier to purchase licences wastefully. Software asset management helps you make sure you buy only what you need.

Here are a few of the most important benefits of software asset management:

Your organisation can consolidate its software utilisation, have more control over acquisition costs and make well-informed decisions regarding future investments in software with SAM.

One of the most essential functionalities of SAM is to offer you a clear overview of all your IT or software investments so you can utilise all of them towards fulfilling your business goals.

If the HR framework of your organisation involves employees moving positions frequently, you might end up buying a lot of software licences wastefully. SAM lets you track all software the company has so that it can be reallocated and repurposed when no longer in use.

As compared to conventional methods of tracking software licences that take up much more time, money and have a greater risk of error, using SAM systems offers you a competitive edge. Using a SAM system can cut software management costs and time by half, letting you allocate your resources to other aspects of your business.

If you’re not tracking your software assets, you may incur penalties that can cost you a fortune. With SAM, licence deficits can be kept to track and addressed ahead of time.

Apart from software, you can track digital assets like important files, databases, NFTs and crypto-assets. The asset management system enables you to add, edit and keep track of all your digital assets from one streamlined platform.

itemit gives you a simple, easy-to-use and highly scalable off-the-shelf solution to track all your business assets including software. Not only that, this SAM solution lets you share asset tracking responsibilities with your teammates. Everyone can download the free itemit app on their smartphone or access the web portal. 

Authorised personnel can view, add and edit software asset details so the software asset register is kept frequently updated. To learn more about how itemit can help you track your software assets, kindly reach out to us at team@itemit.com. 

If you want to test it out for yourself, fill in the form below to kickstart your very own 14-day free trial!

Instant access. No credit card details required.

or, download the itemit app to get started

If you’re in your office, look around yourself and try to identify different assets in the room that can, in any way, be connected to a computer. If you’re not in your office, just try to imagine all the objects that help you conduct digital tasks. 

The list of assets you’re coming up with might seem endless. Let’s see what they are: the computer or laptop itself, desktop screens, keyboards, mice, CPUs, USB sticks, mobile phones, tablets, projectors, scanners, printers, photocopiers, routers and a lot more! How do you possibly group all of these in one category? How do you put a mobile phone in the same box as a projector?

If you wanted to refer to all of these objects in two words or one term, you’d call them ‘IT assets.’ Continue reading to find more about what IT assets are and how an ITAM (IT Asset Management Software) will work for your organisation.

An asset is something you own that plays a role in helping you conduct your day-to-day business operations. However, the term IT asset narrows down the domain and includes everything you have possession of that helps you conduct computer-based tasks. 

Any piece of hardware, software or digitally-stored information that holds value for your business qualifies as an IT asset. Let’s look at the different types of IT assets to have a better understanding. 

• Hardware – Any object that has a chip inside of it and helps you conduct digital tasks is IT hardware. For instance, laptops, smartphones, mice, keyboards, printers, Wi-Fi routers, and telephones. Note that hardware is not limited to these objects only.
• Software – Software that helps you conduct your business operations, such as your invoicing system, are also considered IT assets.

Digital Information – Any information of value stored on a computer or an online database is an IT asset. These could be financial datasheets, licence agreements, and even NFTs or crypto assets.

If you’re an IT-intensive company, IT asset management (ITAM) is an absolute necessity for you. It involves keeping a detailed and updated log of all your IT assets so you can optimise your productivity, inventory and business funds allocation. 

In ITAM, you log your IT assets with unique asset profiles and important information about each asset to its profile. For instance, if you bought a new desktop screen, you can create a new asset profile and add important information you might need later such as date of purchase, cost of purchase, and warranty information. 

Not only that, IT asset management involves tracking much more functional data like who the asset is assigned to, where it is and when its last maintenance date was. ITAM makes all such information about your assets available to you so you can use it to make well-informed decisions for your business. 

The process of recording unique information for different assets opens a lot more possibilities to make your business more productive and help it grow. ITAM gives you greater clarity and control over your IT assets, but with the right IT asset management software, all this data is always accessible to you. 

Plus, you can run customisable reports about how your IT assets are being utilised. These insightful reports can prove to be really powerful in turning your business productivity around if used the right way.

itemit’s ITAM software is, by far, one of the most scalable asset tracking solutions you’ll find in the market. But before we get to its scalability and other advanced features, let’s introduce you to the functionalities it offers.

You already know what ITAM is. And itemit’s ITAM software lets you do it effortlessly. itemit is a cloud-based asset management system that lets you create unique asset profiles and add essential details to them in a neat, organised and time-saving manner. 

Using the IT asset tracking software is pretty simple. itemit offers an off-the-shelf solution that can be set up right away, and if used right, you’ll start seeing the results from the very first day.

IT asset management software gives you a better view of your assets. If all your asset data is properly logged in and kept up-to-date, it becomes a powerful tool to help you make the right decisions.

With the entire database just a few clicks away, you can search for the assets your business owns. You can use asset profiles to locate and retrieve assets and also avoid duplicate purchases.

Accountability boosts productivity. IT asset register software and asset tracking, in general, improve your business’ accountability. When each asset is assigned to a particular employee through itemit, the employee feels responsible to utilise the IT asset the right way and keep it safe and well-maintained.

itemit’s IT asset management software comes with a great range of helpful features and functionalities. For instance, you can use asset tags to fast track your asset tracking.

ITAM software is a critical tool for every IT-intensive organisation to leverage for greater productivity and profits. And for that purpose, you’ll find no better option than itemit’s IT asset management software. Because it’s highly scalable and versatile, it’s a one-size-fits-all solution for all business sizes and asset tracking purposes.

To find out more about how the itemit’s ITAM software can help your business save time and money, you can contact the team at team@itemit.com. You can also fill in the form below to start your 14-day free trial.

Instant access. No credit card details required.

or, download the itemit app to get started