IT asset disposition is often considered burdensome because many believe it’s too much of a hassle to organize. However, disposition is more than just getting rid of old IT equipment; partnering with a vITAD provider will provide a disposition plan and offer additional services that benefit your enterprise. Over the past five years, the ITAD industry has undergone many changes, and clients require additional services to adjust to the shifting landscape. Value-added ITAD services are new disposition services that maximize value for retired IT assets and provide enterprise benefits. vITAD services like ERP integration, legal hold monitoring, and license retirement help companies communicate more effectively, prevent legal issues, and increase asset value after retirement.
ERP Integration
Technology has changed the way we communicate and the way business is conducted. Experiencing a pandemic thrust the idea of remote working into the spotlight, and digital communication became the primary form of communication. ERP systems are an enterprise’s organizational method used for many things, including supply chain management, order management, procurement, and analytics. ERP integration connects your ERP system with other on-premise and cloud applications a business uses, enabling the ERP system and the other apps to stay in sync. ERP integration helps employees collaborate and communicate more effectively in a world dominated by digital communication by enabling your ERP system and other apps to stay in sync.
Legal Hold
When client employees are terminated, their IT hardware is sometimes placed under legal hold, which means HOBI must wait for legal approval before wiping data and processing. This prevents any legal issues and ensures that retired assets and data are safe while waiting to be processed. HOBI utilizes cameras and padlocked cages to store IT assets before processing them to provide further data security before devices are wiped.
License Retirement
When IT assets are retired, software licenses are, too. License termination occurs during the audit process before the licenses are rolled over to new devices and before data erasure. The retirement process consists of a software system phaseout, aiming to end the existence of a software system entirely. The software is removed from regular usage, and any leftover relevant parts are migrated to another system. License retirement offers several benefits to an enterprise, such as cost reduction and eliminating outdated information. Retiring a software license eliminates recurring license costs, maintenance, and administration costs. Additionally, an enterprise undergoes many changes the longer it is operational, and information can become outdated over time. Retiring a software license enables companies to upgrade to more efficient software and update enterprise data.