Why You Need To Use A Hardware Asset Management Tool

Why You Need To Use A Hardware Asset Management Tool

When you want to take control of your hardware assets you need to use an asset management tool that works well. Regardless of the type of business you run, if you use at least one computer you have hardware assets. 

Managing as well as tracking your hardware ensures that you’re less likely to lose assets or accidentally duplicate them. The best hardware asset management tool out there will allow you to gain better usage of your assets. It can even show you where everything is located and who’s using what.

The Benefits Of Using A Hardware Asset Management Tool

There are many different benefits that come with using a management tool such as this. Below, you can find a description of just some of them.

Business Asset Tracking

You Automatically Save Money

One of the most pleasing benefits associated with tool management is the money-saving aspect. When you track your assets, maintenance is much easier. You can help to minimise costs on repairs and replacements thanks to continued upkeep. 

Anyone who uses modern hardware asset management software can schedule asset maintenance. Once this has been set up for each asset, maintaining everything can be simple. Additionally, having hardware that’s in a much better condition means it will be more reliable and less likely to need replacing. As a result, you can save money.

Your Business Becomes More Productive

When you no longer use manual methods to track your assets your business could become more productive. You could save yourself and your team a bit of time every day. You could do this by ensuring everyone can simply focus on their assigned tasks. Everything else can be left to the hardware asset management tool. 

If you’re worried about downtime, asset management can help with this. With the ability to keep your assets in better condition, downtime can be minimised. Consequently, your business can become even more productive. 

You Have Better Hardware Asset Security

Did you know that it’s possible for you to increase hardware asset security? Security can be something of a difficult issue as theft and loss are real problems. The good news is that when you use the right type of management software you automatically increase security. 

You can potentially locate all of your assets all of the time. What this means is that if a tablet, for example, is taken off site it can be located. As long as the tablet in question has a barcode/QR code/RFID tag affixed to it, it can be located in moments. A direct result of this means that you could see where it is and ensure it is returned to you. 

Additionally, your team will be aware that everything is tracked. What this means is that those unscrupulous team members may no longer be inclined to help themselves. Not only does boosting security offer peace of mind it can also save your business money.

Business Asset Tracking

ROI Can Be Maximised

ROI (Return on Investment) can be maximised when you use the right asset management tool. We have already seen that it’s possible to prolong the life of all of your assets via good asset maintenance. As a result, you can potentially get more value for your money. 

Secondly, you can gain insight into those computers, etc. that are under-used. This means you can make decisions as to how you can better utilise those assets for the benefit of your business. In other words, you can get your money’s worth, should you wish to.

Better GDPR Compliance Is Possible

Every single EU business needs to strictly record all of the assets used to process, store or collect personal data. While this may seem like hard work, using hardware asset management software can make life easier. You can track all of the above information easily while also seeing who is using your assets. This is information that is also required for GDPR purposes

Staying GDPR compliant is not always easy. There are so many boxes that you have to tick. However, when you use a tool that helps it can make your working life easier. As soon as you have set your asset management tool up, intermittently check that it’s on top of everything. Not only could this bring you peace of mind it could help you to stay on the right side of the law.

As you can see, using a hardware asset management tool can prove to be very beneficial to your business. The good news is that any type or size of business can potentially use a tool such as this. If you have at least one computer, laptop, tablet, or telephone, you’re good to go. 


If you would like to speak with a hardware asset management expert today contact us now at team@itemit.com.

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