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CONTRACTS
Consolidated, automated contract management
Every day, IT is faced with complex contract-related questions: Which IT assets are leased, and which are owned? When do the leases expire? What are the terms of our software licenses? What are our maintenance costs?
AssetCenter Contracts provides a consolidated view of lease, license, maintenance, and warranty contracts to streamline administration, prevent cost overruns, and strategically manage vendor relationships.
ELIMINATING LEASE PENALTIES AND OVERPAYMENTS
The cost benefits of leasing equipment can often be negated by unnecessary expenses such as late-return penalties or paying for unused assets. AssetCenter Contracts helps eliminate these expenses, providing automated notifications that warn of impending expirations and other lease events. It also logs configuration details so that assets can be returned to their original condition at the end of the lease term.
ENSURING SOFTWARE LICENSE COMPLIANCE
Managing software license contracts is among the most difficult challenges IT faces – staff levels change rapidly, user demand increases, and contracts are more and more complicated. Software audits can result in costly penalties. AssetCenter Contracts allows you to capture the key details necessary to enforce compliance.
IMPROVING VENDOR MANAGEMENT AND ASSET PERFORMANCE
Tracking vendor performance provides greater leverage for negotiating new contracts and making smarter sourcing decisions. AssetCenter Contracts enables you to associate vendor contracts with specific assets, and then record all related costs throughout the lifecycle of those assets. In this way, you can calculate the true cost of ownership of each asset and accurately measure the performance of your vendors.
MANAGING MAINTENANCE AND WARRANTY CONTRACTS
Getting the most from these contracts requires a clear understanding of how each asset gets serviced, what the applicable warranty terms are, and how repair costs are allocated. AssetCenter Contracts delivers this information, tracking work orders and linking them to the appropriate contracts and assets, along with all associated costs.
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