Companies from all sorts of industries rely on technology to run day-to-day tasks, from the banking industry to local small businesses. Tracking IT assets can help companies from every industry make the most of their investment, and protect the important company and customer information. From a security perspective, tracking these assets is the best thing you can do. Here’s why:
Keeping Track of Your Assets Provides Company Data
When you’re tracking IT assets, you’ll know more than just where they are located. Asset tracking will help your company see which items your employees tend to use the most, when your team tends to be the busiest, and how each asset is being used. Having this information will help you prioritize caring for assets that are used the most, and make sure you have enough workers on hand for peak business times.
Tracking IT Assets Protects Client Information
Databases are a common way to keep track of confidential client information. If anything were to happen to the devices and software on which you are storing client data, you could end up with a lawsuit on your hands. Clients get very unhappy if they think you are mishandling their information. In the best situation, you’ll lose valuable customers. Making an effort to track your IT assets is a great way to protect your client information, and help them have a better peace of mind when they work with you.
Knowing Where Your Assets are Protects Your Investments
Technology can get expensive very quickly. From hardware like desktops, monitors, and accessories; to software for your accounting, marketing, and finance departments, there are hundreds of assets you need to keep safe. Using an asset tracking system will help you know where your assets are, how much they are valued, and who uses them on a daily basis. This will prevent you from losing any of your assets, or spend more money than absolutely necessary.
Tracking Asset Location Prevents Employee Theft
When you don’t closely track all of your assets, it’s easy for them to just walk off and disappear. However, when tracking your assets, they can’t just vanish without someone noticing. When employees know that items will be noticed if they disappear, they’re less likely to try to walk away with something valuable. In turn, you won’t have to replace your assets as often.
Tracking your IT assets is a good way to keep your company safe from financial losses and potential legal issues. When you have a good system in place, you and your team don’t have to worry about possible security threats that could end up closing your business. Equipment and tools that you’ve spent company money on won’t disappear or suddenly stop working without you knowing why. This will help you increase your profit and reduce asset expenditures, resulting in a better financial outlook for everyone involved.
Logic Force is a tech company that helps legal businesses with their technology needs. The use Asset Panda to streamline their asset tracking process, which helps them keep their client’s information secure and saves them 4 hours of labor each week. Asset Panda also helps them keep track of financial concerns, which helps Logic Force better meet the needs of their clients.
Want to see how Asset Panda can help you keep your IT assets more secure? Sign up for a free guided tour today!