A
lease management company is one that can analyze the assets of a
company network, organizing the lease data from different software
and hardware installations, and produces data that can be used to
upgrade, modify or renew leases on any property used in the network.
As part of a total asset life cycle management system, your lease
management company, works closely with procurement and implementation
of new software packages or hardware upgrades. The lease management
company is your company's liaison between your IT staff and the
network end-users.
Why
You Need a Lease Management Company
The
reason that a lease management company plays such an integral role in
the network is because data concerning licensing and leasing of
software and hardware rarely stays with the equipment. The role of
the lease management company is to track and identify the necessary
information, organizing into reports that can be read and acted upon.
Software packages must be licensed on all workstations, and a lease
management company is the fastest, easiest way to take hold of the
network and bring it back under your control.
Asset
Lifecycle and a Lease Management Company
Having
a well defined asset lifecycle plan will save your company money in
the long run by anticipating upgrades, renewals and other aspects of
the network that could create problems or bottlenecks without proper
planning. The reason your lease management company and asset manager
are typically the same is because it allows the necessary information
to be concentrated in one location, making changes to the network
such as upgrading or replacing a workstation, well-documented when
leasing data need to be compared or referenced. Without the lease
management company, gaps in your IT asset lifecycle would arise, such
as leases expiring, software becoming outdated or unsupported, and
equipment that is no long capable of maintaining the level of use the
network demands of it.
How
the Lease Management Company Works
The
first step of a lease management company is to create a complete
catalog of leased equipment and open contracts. This information is
the reconciled with actual placement of items, evaluating the
condition and ongoing usefulness, and then used to renew or create
leases that enhance the network or incorporate new technology. As you
can see, it makes sense to combine the lease management company and
your IT lifecycle program, because the two rely on each other to save
money and increase network performance.
