What is the purpose of IT Asset Management Software?

IT Asset Management Software will save you money. 

How? Knowing exactly what IT assets you have, where they are, and who is using them allows you to find them when needed, reduce unnecessary purchases of duplicate assets and monitor their whereabouts and usage. In addition, IT asset management software provides you with greater accountability across the team and can be used to ensure GDPR compliance.

Using the right IT asset management software (ITAM Software) ensures that your operations are lean. It can be as simple as knowing the models and age of your company phones and who has them to allow for a smooth rollout to the latest upgrade when required.

What counts as an IT asset?

In a typical business, IT assets include physical devices such as laptops, desktop computers, tablets and phones as well as software licenses and instances.

What is IT Asset Management Software?

IT asset management software is a tool that tracks IT assets and components throughout their lifecycles. The software allows for companies to enter information about IT assets and for other members of the team to be able to access this information to assist with decision making. 

Nowadays, IT asset management software is cloud-based and allows access to IT asset records via a website or mobile app. For efficient management of IT assets, asset tags are stuck on to physical assets. This may be in the form of QR code tags or RFID tags. The best IT asset management software will update the location of the asset every time its tag is scanned.

What is IT asset management software used for?

ITAM software has many uses and usage can vary from business to business. However, there are some common uses, across companies and industries.

A great use of your IT asset management software is to help you get on top of your company’s GDPR compliance. For each device and piece of software you should record what data is collected, held or processed on the device as well as who has access to it. This puts you in a very strong position, should you need to remove access for some staff members or should any key assets go missing. This way, you’ll know the implications and can respond and mitigate appropriately.

Cyber security is a huge problem that we all face. There are many examples of large organisations falling victim to hacking, for example, the UK government, British Airways, and even the NHS. To reduce the risk of cyber threats and mitigate damage in the event of a hacking, we must all accept collective responsibility for our data. We must strive to create workforce accountability, where all members of the team and organisation work together to minimise the risks faced.

Why do I need it?

Because life is too short to spend your precious time looking for that spare keyboard John’s asked you for!

In all seriousness, you need IT asset management software because nobody can effectively manage hundreds and thousands of assets that are assigned to different staff members without a software solution in place. 

You also need it so that you benefit from all of this:

• Save your company money by reducing money spent on replacement assets
• Lose fewer bits of kit
• Revel in a far more efficient process that gives you more time to do other things
• Ensure the business and senior managers know what assets the business has available
• Identify assets uniquely so that any faults and issues are attributable to an individual asset
• Know where your spare keyboards are at the touch of a button!

itemit, the Ultimate IT asset management software

When it comes to IT asset management, you can track and manage your IT assets with itemit. You’ll benefit from everything we’ve discussed here and so much more.

Not only does itemit help you keep your workforce working, it also helps you keep your assets effective and your costs down. 

Can you afford not to try itemit?

Instant access. No credit card details required.

or, download the itemit app to get started