How Can Automating IT Asset Recovery Unlock Substantial ROI?

Efficiently managing IT assets is crucial for controlling costs and optimizing resources in today's business world. We want to explore the power of automated ITAD workflows and how it can bring a big return on investment for just about any organization.

January 8, 2024
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5 min
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How Can Automating IT Asset Recovery Unlock Substantial ROI?

Efficiently managing IT assets is crucial for controlling costs and optimizing resources in today's business world. We want to explore the power of automated ITAD workflows and how it can bring a big return on investment for just about any organization.

The Challenge of IT Asset Recovery

Navigating the decommissioning of IT assets can be a challenging endeavor. Traditional manual processes often introduce inefficiencies and risks, including:

  1. Manual data entry: the potential of human errors can lead to mistakes and inaccuracies in recording asset details like serial numbers and maintenance histories, causing inefficiencies.

  2. Inefficient Workflows: Using manual decision-making for each asset's outcome can result in inefficient workflows. This can lead to process differences and missed opportunities to save money.

  3. Compliance Risks: Not following data security and environmental rules can result in legal penalties and damage a company's reputation.

  4. Lost Revenue Opportunities: Inadequate tracking and resale strategies can cause organizations to miss valuable opportunities to recoup value from used assets.

  5. Fragmented ITAD vendors: Many organizations depend on various fragmented vendors often piecing together siloed, manual ITAD projects each time there is a need, leaving organizations with limited control over the recovery process, unclear expectations, and a lot of reconciling later.


Evercycle's Solution: Automation

At Evercycle, we understand that automation is the only complete solution to these challenges and achieving a significant ROI. Here's how automating IT asset recovery can benefit your organization by turning projects into programs:

1. Enhanced Efficiency:
Evercycle manages IT hardware and provides self-managed tools in an easy-to-use SaaS platform designed for asset managers. The dashboard assists users in managing hardware services for company devices, covering everything from deployment to recycling. It offers customizable workflows for launching, automating, tracking, and reporting.

IT managers are finding this especially useful when managing devices used by remote workers, satellite locations, and field agents. What usually takes months, they can do it in just a few clicks. 

2. Data Security and Compliance:
Evercycle's automated processes ensure consistent, secure data wiping and destruction methods that meet regulatory requirements. This significantly reduces the risk of data breaches, safeguarding your organization against financial penalties and reputational damage. Every detail throughout the chain of custody is tracked and logged real-time and accessible 24/7 via Evercycles intuitive dashboards.

3. Integrated ITAD vendors, Clear Expectations, Guaranteed buyback payouts:
Automation empowers organizations to identify potential resale opportunities for used IT assets. Evercycle's expertise in evaluating assets for their residual value optimizes ROI and cost savings. Make workflows for any number of devices you have. Choose from different service providers based on price, quality, certifications, and more. This makes it easy to compare them using the same criteria. 

4. Scalability: As organizations grow, their IT asset recovery needs expand. Evercycle workflows seamlessly scale to handle larger asset volumes without a proportionate increase in manual labor and associated costs. For example, a recent customer quickly orchestrated the recovery of 9,250 devices from 3,360 remote locations in under 48 hours - with minimal contact, clear tracking, and no interruptions. 

5. Extra Layer of Data Security 

There are many solutions out there for remotely securing apps and data. But arguably even more critical is the proper management of the hardware that contains this sensitive data whether in use, or no longer in use. Having a handle on every area of a potential vulnerability is critical. With Evercycle, you will be able to reduce risks across your IT lifecycle with an intuitive IT device recovery program. 

6. Data-Driven Decision-Making
Automation generates valuable data and insights throughout the asset recovery process. This data helps organizations plan, make better decisions, set accountable expectations, track progress, and improve the recovery process, resulting in increased ROI.

Partner with Evercycle!

In today's tech-driven world, automating IT asset recovery is not just a strategic move; it's a necessity. Evercycle is your trusted partner on this journey towards cost-efficiency and sustainable IT hardware circularity.

To learn how Evercycle's automation can boost your organization's ROI, feel free to contact us for more details. Let's work together to unlock the full potential of your IT assets.

Stay connected with Evercycle for updates on automation, innovation, and efficiency shaping a brighter future for your organization.

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