What Are the Benefits & Best Practices for IT Asset Management?

It is a fact that companies need to manage their assets effectively for smooth functioning of the firm. An IT asset management tool looks after the financial and technical needs of an asset and monitors its life expectancy, usage, and integration with other existing software.

The real-time tracker feature in IT asset management solutions provide a company with basic information about the assets, like where the assets are located, who the current users of the assets are, how the assets are being used, etc.

IT asset management software is programmed to reduce manual labor in maintaining assets throughout their life. As a result, it saves the company a lot of time, keeps its budget in mind, and effectively reduces the cost.

The advantages of IT asset management software

Choosing the best IT asset management software can be overwhelming. Also, companies are often in a dilemma whether to invest in the software when the employees can cover the work manually. Stated below are the advantages of IT asset management software:

1. Predominates your IT environment

IT asset management helps you improve your IT conditions by managing them from a fundamental level.

To effectively manage the entire process, start with the components that require the most attention and gradually shift your focus from software to hardware. That is, rank the software outlays according to their importance in your company.

This guarantees that the assets are stocked before the inventory runs down and ensures cost-effectiveness.

2. Serviceable productivity

Serviceable productivity, or more commonly, the operational efficiency of a company, is the ability to use the maximum resources in a given time frame.

To make clients happy is the main objective of any organization. Having superiorly organized IT asset data speeds up the business without delaying any process due to technical backlogs.

With transparent asset data, employees know the presence of assets and their life expectancy, which helps better customer dealing.

3. Successful arrangement of software assets

Software deployment refers to all the strategic activities that make the software ready to use. It guarantees all the existing software to be synced with the asset management software in a centralized region in the system.

It keeps the licensing in mind and ensures software installation from valid resources, making the audits in companies less hazardous.

4. Resilience

Investors can have access to in-demand sustainable products and services. Climatic changes worldwide create risks and, at the same time, provide opportunities to the asset managers.

Keeping everything in mind, investors shift from responsible investment to sustainable investment. Using IT asset management software helps you organize the assets and gives you a complete understanding of the same.

This ensures better handling of the assets enabling firms to make smarter decisions. 

5. Effective monitoring of hardware assets

To focus on the software, what companies often miss are the hardware assets. With IT asset management software, managing hardware assets becomes easy and organized.

Tablets, notebooks, keyboards, mice, printers, scanners, hard drives, etc., are some hardware that asset management takes care of.

6. Eliminating waste and cost-effectiveness

Better IT asset management gives a clear idea of the future expectancies of the assets, the assets already owned by an organization, and the difference between reported and real-world assets.

This eliminates waste components, and when fewer assets are to be managed, the cost-effectiveness increases.

7. Increased authority and ITSM proficiencies

Clarity of asset management means increased and more effective governance of the assets.

When an organization is aware of the components in their company, they can plan an overview with the slightest chance of assets getting lost or misplaced.

Assets are registered with information to recognize them in the crowd better.

8. Faster Mean Time to Restore Service

IT asset management software, when integrated with an ITSM or a Help Desk software ensures lesser time is taken to fix any malfunctioning of assets.

When a user logs in, the software connects the user to the IT service-desk or help-desk and has access to every piece of information from a central space, saving both time and effort.


Infraon Assets powered by EverestIMS helps you extract ROI and easily make informed asset management decisions.

Its features include location tracking and auditing, asset life management, software metering, insight into expected future expenses, and many more. In addition, it provides packages according to the budget and requirements of a company.

Leave a Reply

Your email address will not be published. Required fields are marked *