Businesses can make IT asset management a breeze thanks to this innovative tool

A business's IT department is often integral to its growth, but there are various ways that it can help it cut back on costs and save money too - IT asset management (ITAM) is one of them. With a high percentage of staff still remote or hybrid working after the pandemic, the number of laptops, monitors, desks and chairs which are spread out across offices as well as homes has grown significantly.

It can be difficult to keep track of who has been assigned what, and many companies often source a third party to do exactly that, therefore spending more money and leveraging even more IT. However, those days are over, as IT asset management tool Timly can take care of the ins and outs of any business's hardware inventory.

IT asset management (ITAM) software allows businesses to avoid unnecessary costs incurred for re-purchasing the same item, after it is mistakenly deemed lost or stolen for example. It also allows for employees to optimise a piece of equipment's lifecycle management by keeping track of when the item was purchased, and getting notified of any routine updates or maintenance it requires.

Departments can even easily replace a product when it is near the end of its asset lifecycle before it breaks, thanks to the ITAM process. The Timly asset management software doesn't just cover larger pieces of hardware such as computers and printers, but smaller equipment such as mobile devices, HDMI cables, as well as keyboards and mice too.

For IT service desks which are often in charge of asset management, the stress and hassle can be taken out of the process thanks to Timly's intelligently designed platform. The software is easy to manage and takes away the need to list asset data on complicated Excel spreadsheets, it's also