Using manual processes for hardware asset management (HAM) increases operational expenses (OpEx), reduces the ability to control capital expenses (CapEx) for IT assets, and exposes companies to data loss and security breaches.
Driven by the explosion of edge, IoT, and work-from-home devices, hardware asset lifecycle management has become exceedingly complicated. Asset management approaches that require perfect data entry and uniform business processes are outdated and unrealistic, resulting in just 60% data accuracy for many organizations. This causes IT teams to waste valuable resources tracking down assets, validating inventories, and managing IT processes using spreadsheets and email.
These manual approaches also increase risk and cost. Without an always-up-to-date, accurate inventory of all assets, who is using them, where they are located, how they are being used, and system lifespans, companies lose their ability to mitigate security risks and identify ways to reduce costs.
ReadyWorks streamlines hardware asset management processes including supply chain tracking, shipping & receiving, deployment, maintenance, inventory tracking, decommissioning, disposal, financial forecasting and reporting, and audit response.
