A proactive approach to IT Asset Management can offer compelling cost benefits.

It's a rare IT department that isn't under pressure to reduce costs. At the same time, companies face increased compliance concerns. Software vendors—confronting reduced revenue streams—have stepped up audits to ensure compliance with license agreements. And, the environment of increasing regulation and oversight demands that companies exercise better control over their IT assets.

In today’s changing environment, it is imperative that organizations are able to do more with less. As the demand for cost reduction and smarter infrastructure grows, a holistic transformation to your entire IT asset management systems, processes, and organizations can produce significant cost savings and improve efficiency.

• Are you spending the right amount on software and other IT assets today? How do you know?
• Are you looking for opportunities to reduce IT spending?
• Do you have expiring contracts or licenses?
• Is your organization at risk for a software audit?

A proactive approach to IT Asset Management can offer compelling cost and compliance benefits by enabling you not only to understand but to optimize your organization's investment in technology assets.

IT Asset Management involves the use of people, processes and tools to:

• Capture and maintain accurate physical and financial information,
• Manage contractual responsibilities effectively, and
• Optimize investments in software (packaged and internally developed) and hardware (including laptops and desktops, printers, servers, cell phones/PDAs, infrastructure, telephony, and datacenter equipment).

West Monroe Partners can help your organization transform the way IT manages all aspects of any asset’s lifecycle:

• Policies and standards
• Asset requests
• Asset portfolio management, including vendor, contract, and acquisition management
• Inventory management
• Deployment
• Disposal

By improving the way you manage these IT assets, we can help you:

• Understand current spending and reduce IT costs
• Leverage existing IT investments effectively
• Standardize your environment
• Adhere with regulatory and compliance mandates
• Consolidate and manage vendors more efficiently
• Increase “hard” return on IT investments
• Improve service quality, including service desk performance and incident resolution
• Reduce asset shrinkage