The purpose of this white paper is to establish the drivers for effective IT Asset Management (ITAM) processes. We discuss why firms need ITAM from a corporate governance perspective, and move on to look at how effective ITAM underpins several other industry best-practise initiatives and provides key business benefits.
Increasingly, the senior IT managers and business leaders we speak to, understand the need to provide IT systems that effectively manage their assets. Most understand the duty they have, to provide the board with accurate and up to date asset information that needs to be relayed to shareholders.
Corporate governance initiatives, like Sarbanes Oxley, have increased
the criticality of maintaining accurate asset information. Many
organisations have moved on from “dusting off” the inventory
records once a year at maintenance
contract renewal time and are becoming more sophisticated with their
ITAM processes.
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