The Howdy Glossary

xAssets IT Asset Management Software is a tool for managing hardware and software assets in an organization. The solution lets managers track asset procurement, deployment, utilization, maintenance schedules, and disposal processes. It can help mitigate security risks by ensuring compliance with appropriate standards and regulations through the documentation of asset information like ownership records and maintenance history. xAssets can calculate financial data related to assets such as depreciation value or total cost of ownership (TCO). The service allows for the management of licenses for software applications to ensure regulatory compliance while optimizing license usage to save costs.