Leaving Already?

See why your competitors trust ProHance to improve workforce productivity and operational efficiency.

JLL
Martin Edgerton
Global Head - JLL Service Centers

One of the key challenges in back-office processes is the absence of a measurement system. ProHance bridges this gap by providing visibility into how employees spend their time each day, helping us strengthen our culture of continuous improvement by eliminating hidden inefficiencies.

Wipro
Shalabh Srivastava,
Head, Quality and Process Excellence, Wipro

ProHance bridges this gap by providing visibility into how employees spend their time each day, helping us strengthen our culture of continuous improvement by eliminating hidden inefficiencies. it supports employee well-being through better workload balancing.

TESCO
Altaf Patel,
Director, Business Transformation, Tesco Business Services

ProHance has helped in Tesco Business Services transformation roadmap. The real-time insights and information generated by this tool are leveraged by multiple teams to make meaningful business decisions. Today, it is acting as a highly effective source of information to drive change.

450,000+ Users 200+ Enterprises 55+ Countries

Tell us what you need, and we will connect you with the product expert.

Mentioned by: Gartner Everest Group S&P Global
Partner Program
AI Adoption Index Asset Optimization Cost of Delivery Optimization Distributed Process Management AI-enabled Employee Retention Index Hybrid Work Enablement Outsourcing Performance Management
Banking, Financial Services, and Insurance (BFSI) Business Process Outsourcing (BPO) Global Capability Center (GCC) Healthcare Revenue Cycle Management Information Technology (IT/ITeS)
Work Time Work Output Workflow Management Advanced Analytics Asset Optimization ProHanceCX

What is IT Asset Management?

Definition: IT Asset Management (ITAM) is a strategic approach to overseeing and optimizing an organization’s IT assets throughout their lifecycle. This includes managing both hardware, such as computers and servers, and software resources, like licenses and applications.

The goal of ITAM is to ensure that all IT assets are used efficiently, properly maintained, and well-accounted for, ultimately reducing costs and mitigating risks.

Core Elements of IT Asset Management:

  1. Inventory Tracking: Maintaining a detailed record of all IT assets, noting their location, condition, and ownership. This involves keeping track of hardware, software licenses, and related technology resources.
  2. Lifecycle Oversight: Managing the entire lifecycle of IT assets from acquisition through to disposal. This includes procurement, deployment, maintenance, and eventual retirement or replacement of assets.
  3. Compliance and Risk Mitigation: Ensuring that IT assets adhere to legal and regulatory standards. This includes managing software licenses to avoid compliance issues and addressing risks related to data breaches or mismanagement of assets.

Advantages of Effective IT Asset Management:

Other Terms:

No glossary files available.