As the end of the year approaches, many companies are looking for quick and effective ways to streamline their operations. In the context of IT asset management (ITAM), this means ensuring that all assets are being utilized efficiently, with costs controlled, and compliance assured. The ServiceNow platform offers powerful tools to help you do this. Here are five steps to streamlining your ITAM processes before December 31.

1. Conduct a complete asset survey
The first step to optimizing your ITAM is to have complete visibility into your assets. Use the ServiceNow Discovery to identify all assets, both on-premises and in the cloud. This will help eliminate inventory gaps and consolidate information into a single repository.
Tip:
Invest time to ensure that your CMDB (Configuration Management Database) be up to date. If you need support, Check out ServiceNow's CMDB solution.
2. Automate manual processes
Manual activities are time-consuming and error-prone. With ServiceNow, you can automate critical processes like license renewals and contract tracking. This ensures you’re always compliant and avoids unnecessary spending.
How to do it:
Implement custom workflows to track deadlines and ensure important tasks are automatically executed.
3. Prioritize risk remediation
Non-compliant assets can result in fines or security vulnerabilities. Use the ServiceNow SAM (Software Asset Management) to identify underutilized licenses or expired contracts and fix problems before they become serious.
Benefit:
Ensuring compliance reduces financial risk and strengthens your IT security posture.
4. Optimize costs and investments
Like ServiceNow ITAM, You can identify underutilized or redundant assets and adjust your investments. This allows you to allocate resources more intelligently, generating significant savings.
Practical example:
Consolidate duplicate licenses and renegotiate vendor contracts to maximize ROI.
5. Implement real-time metrics and reporting
Non-compliant assets can result in fines or security vulnerabilities. Use the ServiceNow SAM (Software Asset Management) to identify underutilized licenses or expired contracts and fix problems before they become serious.
Benefit:
Ensuring compliance reduces financial risk and strengthens your IT security posture.
Taking these steps can transform your IT asset management and prepare your organization to start the new year with greater efficiency and control. ServiceNow is your ally on this journey, providing the tools you need to optimize your ITAM.
Advanced Strategies to Optimize IT Asset Management
Once you have implemented the fundamental steps of ITAM, it is time to further refine the processes of management to achieve a higher level of efficiency and control. By leveraging the capabilities offered by ServiceNow ITAM, your organization can consolidate a robust strategy for managing IT assets from end to end.
Automate asset discovery processes automated asset discovery plays a central role in ensuring that processes of management are agile and efficient. With this approach, your company improves data quality (data quality) in the asset inventory (asset inventory), automatically identifying hardware assets and optimizing the entire life cycle of resources (life cycles).
Strengthen compliance and license management Ensure ongoing compliance (ensure compliance) is essential to avoid financial and legal risks. SAM Pro, integrated with ServiceNow ITAM, allows you to monitor contracts and licenses, optimizing investments and enforcing license compliance (license compliance). This practice also eliminates redundancies and improves return on investment.
Improve lifecycle management processes With detailed insight into life cycles With asset management, your organization can identify optimization opportunities throughout the entire lifecycle, from acquisition to disposal. Using ServiceNow ITAM tools ensures that each step is monitored, enabling data-driven decisions and adjusting strategies as needed.
Deploy reporting to maximize decision making Real-time reporting integrated into processes of Management tools help identify bottlenecks and trends, strengthening operational efficiency. This approach ensures that your organization is always one step ahead, ready to face new challenges.
By incorporating these strategies into your processes of IT management, your organization will be prepared to maximize efficiency, ensure compliance (ensure compliance) and strengthen your market position. ServiceNow ITAM is not just a tool; it is a complete solution to transform asset management into a competitive differentiator.
Ready to take your IT asset management to the next level? Contact our experts and find out how 4MATT can help you implement ServiceNow solutions tailored to your business. Click here to talk to us!