Asset management gives organizations better visibility into their critical IT assets making sure that the valuable items in the organization are tracked and being used. When done right, asset management can save money and time and improve your broader IT security and risk management practices.
How It Works
Know where assets are located, how they are being used, and whether there have been changes made to them with the help of Risk Cloud’s Asset Management Application. Track assets related to vendor and document information, like a list of the vendor’s internal and external contacts, purchase information, and asset value results, all in one platform. With the help of automated reminders, your stakeholders will automatically be notified when assets are approaching their expected retirement date, or if documents are nearing expiration
In addition, your organization may leverage our ServiceNow integration to seamlessly sync asset information from ServiceNow directly into Risk Cloud. Submit requests for new asset purchases, link documents associated with assets, submit for escalated approval, and monitor expiration dates without having to leave the platform.
Why You Need It
- Account for all of your organization’s assets across the entire lifecycle, which leads to better visibility when managing your GRC programs
- Be prepared to manage any risk that comes your way that happens because of the utilization and ownership of certain assets
- Obtain an overall view of asset spending and usage trends with the help of custom or purpose-built reporting
- Save time using purpose-built forms for vendor relationships, asset information, and linked documents