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EQuip! for IT Asset Management
1. eQuip! for IT Asset Management (ITAM)
E-ISG Asset Intelligence (www.e-isg.com)
February, 2016
2. IT Asset Management (ITAM) – What
Is It?
IT Asset Management (ITAM) is a set of business practices that
incorporates IT assets across the business units within the
organization.
IT Asset Management joins the financial, inventory and contractual
responsibilities to manage the overall life cycle including tactical
and strategic decision making.
--International Association of Information Technology Asset
Managers (www.IAITAM.com)
3. ITAM – Cross Functional
Collaboration in the Life Cycle
4. ITAM – Key Pain Points in Current
Organizations
Perform inventory audit – when was the last time you performed the inventory
audit? How easy was that?
Track the location of IT assets
Track chain of custody – how easy was that?
Reconcile with Accounting for depreciation calculation
Reconcile with Fixed Asset Management on active assets
Reconcile on software licenses
Retire IT assets – all the forms and requirements
5. Excel Sheets Don’t Support ITAM
ITAM Needs Do Excel Sheets Meet the Needs
Track chain of custody No
Track Linked Assets (e.g. printer +
desktop +cable)
No
Update location when there is a
transfer or move event
No
6. Fixed Asset Management system
Doesn't support ITAM
ITAM Needs Does the Fixed Asset Management
system Meet the Needs
Track usage and condition history No
Track the location history for tax
purposes
No
Have the most up to date list of
active assets
No
Track individual assets bought in
one purchase order (e.g. the
individual status of 10 laptops
bought in one purchase order)
No
7. ITAM – Connect with other Systems
ERP
IT Discovery
tools
• Monthly Asset
Retirement Reports
• Monthly
depreciation on IT
devices
• Life cycle analysis
on IT devices
8. Value from the Right ITAM Tool
Source of Value from Investing in the
Right ITAM Tool
$$$$
Reduce labor hours spent in locating
missing assets
$7,200/annual -- On average, one
FTE spent one day/month to
locate missing assets
Reduce the loss of assets $75,000/annual -- On average,
15% of IT laptops are missing or go
unaccounted
Reduce the overpayment of personal
property taxes or insurance premium
on assets no long in active service
$16,125/annual -- See a detailed
calculation on next page
Total $98,325/Annual – for a medium
sized IT organization
9. Value from the Right ITAM Tool
Assumptions: Number of
assets
1,000
Average cost/asset $500
Total costs $500,000
Total costs of assets
lost or unaccounted for
$75,000 15% of total
Estimated Federal Tax
Income Overpayment
$13,125 $37,500X35%
Potential Property Tax
Overpayment
$2,250 $75,000 X3%
Potential Insurance
Overpayment
$750 $1 per $1000 in
replacement
value
Total Loss per year $16,125
10. How E-ISG can Help
Provide Commercial Off the Shelf Software eQuip! for IT Asset Management
Meet all ITAM needs
Connect with IT auto discovery tools
Low cost
Fixe price -- including on boarding, SaaS subscription and ongoing support
Call 1-866-845-2416 ext. 2 to schedule a demo
Or visit www.e-isg.com to schedule a demo