Why Software Asset Management Is So Important

Software asset management is the process of logging and tracking your business’ software. With software asset management, you’ll be able to verify which software you have access to, which subscriptions have been paid, and when subscriptions are due.

Overall, you reduce administration by optimising your time when logging your expenses and you keep a clear view of when it’s time to pay your subscriptions.

Why is this important? Because it’s essential to optimise and automate as many of your operations as possible so that you can spend more time on the important things.

 

using fixed asset management software to work from home

 

What Is IT Asset Management?

IT asset management is the discipline of tracking and monitoring your IT assets. Software asset management (sometimes abbreviated to SAM) is part of this, as your software will be one of your IT assets.

The discipline of IT asset management allows you to keep a transparent IT asset register, as well as track crucial maintenance dates and issues, for example.

You’ll be able to use IT asset management software to keep a better, clearer eye on what’s going on with your assets. So, you’ll be able to assign your assets to your colleagues, for example, to see who is responsible for which assets.

Assign Assets to your Colleagues

Overall, this clarity will increase the responsibility over assets in your business, as you’ll be able to share relevant information, such as training manuals, with your IT asset management software.

 

What Is Software Asset Management?

Software asset management is a process of logging your software onto an online system. You’ll be able to add a variety of information to these logged doubles of your software, and your asset management software will give you helpful functionality to streamline many of your operations.

You’ll use IT asset management software to log your assets and track them and be able to use a variety of features to track your software separately to your hardware.

A lot of the features are built for customizability, so you’ll be able to tailor your asset tracking procedures to both your hardware and your software. For example, you’ll be able to create repeating reminders to track your hardware maintenance, but also be able to use this feature to track subscription dates.

This comes together in your customisable reporting features. As you’ll be able to group assets together, you’ll be able to run separate reports on all of your IT assets, your hardware and your software.

 

itemit’s Asset Management Software

itemit is easy to use and effective at tracking your assets. Our features are built from customer requests and feedback, so you’ll know that we have something for you.

With itemit, you’ll be able to save time and money, as well as accrue a hefty ROI in time-saving and monetary benefits. 

itemit’s asset management software will help you lose fewer assets, keep track of asset data, and keep an eye on a transparent and simple asset register.

To find out more about how itemit can help you, you’ll be able to book a demo using the button below.

You can also start your 14-day free trial using the form below to try it out for yourself, or you can email team@itemit.com to speak to our team.

 

Why not check out these blogs:

How To Use Asset Management Tools In Your Business

How To Use Computer Asset Tracking Software To Save Your Business Money

Why You Need Hospital Asset Tracking Software

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