What Is IT Asset Management?
IT asset management (ITAM) joins financial, contractual, and inventory functions to manage the lifecycle IT assets. Here are the responsibilities of an asset manager for an asset that has been designated for removal:
- Manage the hardware assets
- Ensure the IT assets’ value has been maximized through the following:
- Proper implementation
- Maximum usage
- Return value
Thinking of Paying to Remove Your Equipment? What if You Could Get Paid Instead?
This final yet crucial step in the asset management process (return value) is often not profitably utilized. Many companies assume that their equipment no longer has value and simply give it to an IT recycler or even pay a recycler to remove the equipment for them.
Rocycle specializes in finding the equipment that still has value and will make you an offer based on fair market value on any equipment we audit and process for you. We can even give you estimated values if you can provide us with a list of equipment before the equipment is in our facility. Don’t assume your equipment no longer has value! Let our experts evaluate your equipment to ensure you get the maximum return on your IT asset investment.
When Rocycle receives your equipment, we’ll get started on our audit. Here’s the process:
- We inspect the equipment to ensure it’s complete.
- Make notes of missing components and cosmetic flaws.
- Our trained technicians log each item in a spreadsheet for you notating the specifications in and serial numbers of the equipment.
- We test the equipment.
See our Auditing Equipment page for more details.
What is The Best Way to Recycle an IT Asset?
Agree On Fair Market Value
The best way to recycle IT assets is through reuse. After the equipment has been audited, it is dispositioned. If the IT asset still has value, Rocycle will make you a revenue share offer based on fair market value and remarket equipment after the total value has been agreed upon.
If No Deal, Your Equipment Is Returned
If an agreement cannot be reached on the equipment value, we offer you the opportunity to pick your equipment back up or sell it yourself from our facility for only the cost of processing and labor.
We De-Manufacture Unusable Equipment
However, that’s not always possible. When a hardware asset is truly at the end of its useful life by either being obsolete and no longer of any value in the current marketplace or not working or repairable, the equipment is designated for de-manufacturing. The de-manufacturing process consists of:
- Separating base materials such as:
- Recycling that material based on material type.
Follow the Laws Regarding Asset Disposal
IT asset management shoulders the responsibility to ensure their company’s IT assets are properly disposed of in accordance with federal, state, and local laws. By choosing Rocycle as your hardware asset’s destination, you can rest assured that your company’s equipment won’t end up in landfills and will be managed in an environmentally responsible manner.
Rocycle Is an IT Asset Management, Disposal & Recycling Company
If you need help managing your excess and unused IT assets properly and maximizing their value, give Rocycle LLC a call. Our fast, efficient, and valuable service is sure to please you!