Because modern businesses already start with large information technology inventories, inventory management tends to become a huge issue soon after businesses outgrow the stage of infancy and expand their operations to serve more customers and business partners.
Inventory management for small businesses is often particularly problematic because their owners feel that enterprise-level solutions don’t meet their needs and might prevent them from focusing on their core businesses. At the same time, traditional inventory management and asset tracking methods are unfit for the digital age, making the choice of the right inventory management system difficult.
A good IT inventory management system for the digital age simplifies tracking and management of software products, licenses, and hardware across systems and networks. It supports many products from popular vendors and can intelligently discover hardware regardless of the operating system. Inventory scanning and discovery with a recommendable inventory management solution is fast and requires very little overhead.
A good IT inventory management software also goes beyond the basics. It displays all relevant information at a glance and actively keeps track of software licenses and monitors hardware changes. Using the collected information, the system generates detailed reports with asset summaries, making in-depth auditing easier.
Last but not least, a good IT inventory management app ties the digital world together with the physical world. It can track even non-computer assets, such as furniture or appliances. Having all assets under one roof promotes information clarity and reduces the total time spent on inventory tracking.