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So, where does your company fall in the spectrum of asset management? Whether you have a formal tracking system or not, keeping track of your assets is important, ensuring they are used effectively.

Furthermore, as your company grows and expands, you must bring in more mature processes to derive the most benefits from your IT tools.

But rapid expansion may create chaos if you’re not keeping an eye on your IT assets. What happens if your company’s laptop disappears? What if a company car needs immediate repairs? What happens if you end up losing your equipment warranties or client contracts?

When an enterprise looks to expand and seek investment, investors first evaluate the value of its assets. Hence, it is essential for firms to manage and preserve their assets effectively.

While it’s not easy to have that level of control over your IT environment, a proper ITAM solution can help your organization to stay on top of your IT investments by making it easier to manage technology budgets, user data, analytics reports, and other relevant information about your company’s IT assets.
READ MORE : https://infraon.io/blog/best-it-asset-management-software-in-2023/

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