| For many modern businesses, IT asset inventory | | | | central solution that helps the small businesses to |
| management is an integral part of the day-to-day | | | | document their IT assets for insurance purposes. |
| operations. The concept of managing and protecting | | | | This includes a central location where all computer |
| IT assets centers on a set of business practices that | | | | hardware and software, purchase dates, costs, |
| joins financial, contractual and inventory functions to | | | | locations, warranties and service records are |
| support life cycle management and strategic decision | | | | documented. |
| making for the IT environment. It is important for | | | | An effective IT inventory management solution will |
| cutting edge businesses to have an inventory | | | | also be intuitive for users of all skill levels. The IT |
| management solution for all the elements of | | | | asset inventory tool should allow administrators to list |
| software and hardware that are found within the | | | | and track all users’ login and system passwords, |
| structure of their organization. This is particularly | | | | and offer a centralized location for company domain |
| important for small businesses, where each IT asset | | | | names and ftp/web site account information. This is |
| plays such an important role. | | | | essential for a small business that has various users all |
| The goals of any small business inventory | | | | sharing access to the same IT software and |
| management software system are to identify | | | | hardware. |
| savings through process improvements, stimulate | | | | With a good small business inventory management |
| strategic decision making, control inventory, increase | | | | software system, organizations of all sizes and |
| accountability, ensure compliance, enhance asset | | | | scopes can ensure that their IT assets are in good |
| performance, manage the asset life cycle and reduce | | | | hands at all times. This is an indispensable new |
| risks through standardization, proper documentation | | | | component of the modern business landscape of the |
| and loss detection. The ideal IT asset management | | | | 21st century. |
| system will provide a completely customizable and | | | | |