A Checklist for IT Asset Management

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IT asset management (ITAM) is a practical undertaking for your company. Asset management found here is all about inventorying software and hardware to better make decisions. But it can seem daunting to MSPs that don’t have much experience in this area. Luckily, creating a list lets you decide how to implement an ITAM strategy.

Checklist and pen

Outlining Goals and Creating a Plan
Just like any other task, begin by outlining your goals to create a basic strategy. ITAM can be as simple or complicated as you need, so meet with your company’s key stakeholders to decide what your goals are. Depending on your company’s resources, you might decide to begin with a simple strategy, such as accounting for the number of laptops or desktops in use. Then you might move on to the hardware or software.

After creating your plan, you’ll decide who is in charge of managing each step. This can include handling software licenses, importing assets, or responding to risks. Depending on your company’s size, that could be a couple of people. Consider meeting with them to map out a plan. For instance, will you scan the network for software or hardware? Will you look for resources that aren’t connected to your network? Figure out what tools you’ll need to collect this data. Deciding on the best tracking tools to suit your needs is important, whether you want to deploy a manual solution or find a solution to automatically report information.

Customization Options
A big advantage of IT asset management is knowing which of your clients’ employees can access certain software or hardware resources at your organization. That way, you can decide which employees or departments you should encourage your clients to add. Your customers can also use this information for forecasting and budgeting. Once you have imported assets, you can also use dashboards for improved visibility. With a dashboard, you can get a more updated view of all the items. When you link a dashboard to open tickets or a network, it can be a great indicator of device health. Plus, you can use them to view new assets from a certain time because they are extremely configurable.

Keeping Assets Safe
A critical part of every IT asset management checklist is extending your resources’ lifespan by ensuring they’re in good condition. The right tools make the process of importing assets easy, but you should also verify the physical condition of each one when you are first deploying your solution. Assigning each one a condition is helpful when it comes to prioritizing upgrades to equipment, as well as which business units or departments to prioritize.

Risk management is another important part of the list. By populating data in the solution, you can easily view potential risks as they come up. ITAM software makes it easier to monitor risks because you can automatically detect them. That allows your team to respond faster. This is a critical step for identifying vulnerable areas that need a closer watch kept over them. Then you can act to make sure that software and devices are not at risk in the future.

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Summary
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A Checklist for IT Asset Management
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The right tools make the process of importing assets easy, but you should also verify the physical condition of each one when you are first deploying your solution.
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