Asset Tracking Software Leads to Better Business Decisions

Asset Tracking Software Leads to Better Business Decisions

Utilizing Assets Effectively

Studies show that companies have 12% more hardware assets than they think.

Consider what that means. By being unaware of what they currently have, many companies end up making unnecessary expenditures on new equipment when they could just reassign idle or under-used hardware to new users.

Few organizations realize the value of repurposing existing equipment. For ten years Techtrack has been helping companies improve asset utilization through:

  • comprehensive asset inventories that show companies the full extent of their IT asset estate
  • designing effective processes to track assets from acquisition to disposal
  • building a thorough asset database that helps managers redistribute existing assets throughout their department BEFORE spending money on new equipment

How Companies Fail to Optimize Use of Their IT Assets

As organizations continually acquire new hardware and software assets, and as the need to produce accurate records of asset acquisition and disposal increases under regulatory acts like Sarbanes-Oxley, companies have struggled to manage their IT asset estate. Many turn to homemade, stopgap solutions, like spreadsheets and Post-It notes. The end result is inconsistent tracking methods and inaccurate asset data.

In the absence of effective tracking systems, organizations do not know what assets they have. Without this knowledge, it is impossible to put into place a program to cascade older or little used hardware assets to users who may be in need of an upgrade.

Gain Asset Visibility with Asset Tracking Software

How can you ensure that you are using your IT assets effectively? You need to establish true "asset visibility" so you can confidently state the location of an asset, its current state, who is using it, and how it is being used.

Asset tracking software replaces the ineffective manual methods of asset tracking that so many organizations use. Techtrack asset tracking services provide you with the processes and technology you need to save money through better use of assets. Here are just a few of the many ways we can help you improve asset utilization in your company:

  • Our DataHarvestTM service combines the latest methods for asset discovery, including automated tools and barcoding technology, to produce an inventory with industry-leading levels of accuracy.
  • AssetManagerTM software integrates your asset database with your existing business systems. Department managers can access asset data, leading to smarter decisions about acquisition of new equipment.
  • Our ASSESSTM consulting program helps you create the processes needed to maintain good records and good asset utilization long after we leave.

Contact us today to learn more about our asset management services.