WHITEPAPER Automating Hardware Asset Management: How to workflow the 7 stages of your asset lifecycle 2 WHITEPAPER The Big Asset Picture Every organization with physical IT assets has a hardware lifecycle. The question is, how well is your lifecycle documented, automated, trusted, and integrated with other business systems? Organizations need an IT asset management solution to track their hardware, which helps answer the following questions: What hardware do we own? Where are the assets located? Do our financial records match our assets? Are we using what we have? Can we prove it? These aren’t new questions. But they still haunt most IT organizations when it comes to managing their physical IT asset hardware lifecycle. Even when “spreadsheet data” is recorded with greater

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