IT Asset Management Software
Published January 03rd, 2017 by

How to Find the Best IT Asset Management Software

How to Find the Best IT Asset Management Software

Almost all organizations are using one or more software solutions to solve their work-related needs. Many industries such as hospitals, schools, and factories use many software solutions that can streamline their work and boost their productivity. This is true even for small businesses. Software and hardware solutions are widely used to ensure that they are gaining more profit. Plus, having the best software means having an edge over their competitors. Then, there are also those online businesses. They also do their operations with the help of software solutions. As long as you have a business that is larger than a single home office, it is advisable that you use these systems.

Technology is indeed very advanced in this generation. However, there is a disadvantage Because it requires organization, regulations, standards, safety, and more. For example, in big companies, they put large amounts of valuable data in their software. These can be bank accounts, financial statements, personal information, real estate contracts, etc. Companies need to secure the data stored in their software and to obtain the license to operate these systems. Therefore, it is just reasonable to keep both hardware and software in good condition and to really invest on their software solutions.

The operation in a company also requires multiple types of software. While all of them can be very helpful to everyone’s jobs, it could also be tedious on the part of the maintenance team. Organizing the data, maintaining the hardware and software, keeping track of hardware inventory, and taking care of contracts involved are just few of the tasks to be done to keep those systems running. This is where the IT asset management software comes in. Yes, it is another form of software solution that takes care of other software and hardware assets in your organization.

Like any other software, this one also plays a vital role in a business. The primary reason for this is the expenses of a business in buying and maintaining their software. Many organizations put a great deal of money for different systems to help them in their job. Without someone to keep track of the expenses and maintenance of those systems, they may end up losing more money. If one system fails, other integrated systems could be affected. The hardware should also be checked regularly because of the risk of malfunctioning. If these problems cannot be solved immediately, there is a great chance that your business will make bad decisions involving this matter. What if you buy a new set of hardware even if previous ones are still operational? What if you haven’t renewed you license and the authorities suddenly conduct an inspection?

So now that you know the function and importance of this software, let’s proceed to the selection process. Just like any other software, it will be hard to choose the right one for your business needs. You will end up losing money and time if you picked the wrong one. In turn, it might also ruin your whole operations. Therefore, you must be equipped with enough knowledge before you select the best IT asset management software. To do that, you have to do your research first. You must read the reviews of IT asset management software. You can also check for the ranking of the leading IT asset management software. You can read blogs and other helpful articles about software solution on the blogs section of that site.

Now, to help you with your research, here are some of the things you can consider before finding the best IT asset management software.

  1. Evaluating Your Business Needs

There is no doubt that all modern businesses have been using gadgets to help them in their operations. They are also operating different software to store and manage their data using these gadgets. However, there are several company-owned software and hardware that are still ineffective or underused because of different factors. The employees might be too confused about its functionalities. Maybe it is malfunctioning or the software might have many glitches. Whatever the reason might be, it is affecting your organization or business so you have to do something about it. That being said, the IT management software can help you with this.

This software has the ability to track the systems that are often used and the ones that are underused. If you know this information, you can make better decisions on how you act on that problem. You can just replace these underused or broken hardware or software systems. You can also repair them if ever they are still repairable with just minor issues. In the end, if you have managed to solve this type of problem in your business, your workers can then do their jobs easily and quickly because of better tools to help them. So, there will be an increased profitability and productivity in your business when that happens.

The IT asset management system also helps you decide if your software or hardware solutions need to be moved to other departments. Depending on the amount of use or the longevity of your current hardware and software, the system will help you judge whether you are going to buy additional ones, remove them from their current location, move them to busier departments so that they could be used more frequently, or purchase a new set of systems more suitable for that department. The IT asset management software could respond to a variety of needs. You just need to evaluate what those needs are so you can pick the right system for your business.

Redundancy in IT assets is also one of the problems in a company. One department might be using a certain type of document management software and then in the other department, they are also using a different version of DMS. With the use of IT asset management software, this kind of unnecessary software purchase is eliminated. It just facilitates the integration of systems across different departments. This can make the organization more organized because they will be using the same types of software solutions that integrate all their data.

  1. Capabilities and Tracking Systems

The primary focus of IT asset management software is to track each IT asset of the company. These include laptops, desktops, tablets, and even company-owned smartphones that are given to the employees. If you are looking for the best IT asset management software, make sure that it covers all the gadgets involved in the business. This is because every gadget can be a computer that creates and manages the digital assets of a certain business.

Tracking the company IT assets also includes the hardware part, of course. Ff something happens to a cellphone, for instance, the employee can make a report about it using the system. Or if majority of them are complaining about the company’s laptops, the system can help you make decisions on how to replace them. The IT inventory system should also be able to notify the admins if the existing contracts involved in IT assets will be expiring soon. This might be the service contract from the manufacturing software provider, the accounting software, etc. This is very important so that the providers will not charge you because of lapsed contracts. The schedule or tasks on maintaining and repairing IT assets should also be monitored in the system.

Many companies have also started distributing company phones so that the employees can use them in doing work-related tasks. These phones are often equipped with software solutions that are integrated with the systems in the company. One example is the collaboration software that integrates with emails. In these cases, you should look for IT asset management software that can supervise these kinds of company assets. It should be able to track the devices that the employees use in connection with the company.

IT asset management systems should be able to create a complete catalog of existing hardware and software assets including their respective license tags. This is to prevent the different departments to purchase similar programs. The software will just help the employees know the available software and hardware assets in the company.

Necessary license permits or any legal aspects involved in the IT assets of a company must also be monitored using the system. This is to avoid the penalties that can be imposed to your company if the systems you are using are not legally purchased or the usage limit has already lapsed. It must also indicate if the existing software already has a newer version. It must help you decide whether to upgrade or replace the systems.

If your business or organization uses multiple software and hardware solutions, there is no excuse not to use IT asset management software. This is a great investment that can make your job easier and faster. It can increase productivity and profitability. However, you should still remember that all IT asset management software do not have the same functionalities. Therefore, you cannot just choose one without doing your research or considering other things.

So, if you are look for the IT asset management software for your business, you can start thinking about these capabilities if they fit the needs of your business. You might also want to check out for further research. In that site, you can read the reviews and ranking of the best IT asset management software.

Our rankings are completely independent, transparent, and community driven; they are based on user reviews and client sentiment. These it asset management software companies had to earn their way up and didn't just pay their way up.

View Rankings of Best IT Asset Management Software Companies