Monday, February 7, 2011

Asset Management System

My Assets


The main objective of having an Asset Management system is to have updated documentation of the warranties, policies, compliance certifications and business process objectives as established by the business. Now more and more businesses need it as businesses operate on a broader, more global scale. IT assets are often purchased, implemented, and maintained by different departments in remote locations. This combined with the fact that IT infrastructures are constantly changing and evolving, makes it very difficult to keep track of IT assets and their current status.

Some of the benefits of using Asset management in TimeMerlin is that the organizations can achieve complete visibility into their technology, gaining an in-depth understanding of what systems and equipments exist, where components reside, how they are used and how they affect core business tasks and activities. Armed with this information, organizations can improve infrastructure efficiency and performance, and minimize related overhead expenses. The best part is that it allows the organizations to have Simplified IT inventory management and auditing.
As companies expand their operations globally, their servers, networks, business applications, desktops, and other components are often scattered across numerous locations around the world. This makes keeping track of technology assets quite difficult. Compounding the problem is the fact that many companies control their technology inventory using manual, paper-intensive processes, which drain resources and are highly prone to inaccuracies and inconsistencies.

With Asset Management module, companies can fully automate the process of monitoring and accounting for all their technology assets, allowing for enterprise wide IT audits in a matter of minutes instead of days. So, they can more efficiently and effectively – and more importantly, accurately – track and manage their IT infrastructures and related inventory, no matter where the various components reside.


Asset Management in TimeMerlin is an intergrated module that tracks all the activities right from the deployment, management and expense reporting of IT assets.


Asset management in TM has a very intuitive flow where the assets can be assigned to the employees. All the active employees/users are listed in the drop down menu and hence the selection can be made. All the assets then need to be given a unique name and identified by the asset type such as monitors, keyboards, mouse, ups, routers, firewalls, telephone handsets, modems etc. It also stores information like company location, manufacturer of the asset, serial or service no, specifications, accessories etc.



 The asset managements system has some of the predefined reports like individual users can run a report on ‘My assets’. It will give list of all the assets assigned to the users. Admins can also run the report on 'All assets' to get a detailed list of who has been assigned what. The users can also search by a specific asset or by a specific user.








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