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eQuip! for IT Asset Management (ITAM)
E-ISG Asset Intelligence (www.e-isg.com)
February, 2016
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)
ITAM – Cross Functional
Collaboration in the Life Cycle
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
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
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
ITAM – Connect with other Systems
ERP
IT Discovery
tools
• Monthly Asset
Retirement Reports
• Monthly
depreciation on IT
devices
• Life cycle analysis
on IT devices
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
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
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

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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