IT & Non-IT Asset Lifecycle Management
Unmanaged assets quietly erode budgets, weaken governance, and introduce security blind spots. A centralized asset management system is essential for financial accuracy, audit readiness, and enterprise-level risk control. For CIOs and CFOs, asset visibility directly supports governance, compliance, and long-term IT strategy.
TIKTING delivers a centralized, enterprise-grade platform that provides complete control over both IT and non-IT assets (from acquisition to secure disposal).
Comprehensive Hardware Inventory
Lack of visibility into physical assets leads to security gaps, inflated costs, and audit failures. Undocumented or “ghost” assets increase insurance exposure, maintenance overhead, and replacement spending while weakening internal controls.
Complete visibility of all physical assets across the organization
- Maintain a centralized repository of laptops, desktops, servers, network devices, peripherals, and non-IT assets
- Record serial numbers, models, locations, assigned users, purchase dates, and warranty details
- Replace spreadsheets with a single, authoritative system of record
- Enable instant audits and asset searches across departments and sites
Software License Optimization
Poor license governance results in overspending, compliance violations, and vendor audit penalties. CIOs are increasingly accountable for software misuse, forced true-ups, and legal exposure caused by inaccurate license tracking.
TIKTING Control software costs and maintain audit readiness
- Track licensed software, usage levels, and assigned seats in real time
- Identify unused or underutilized licenses to reduce renewal costs
- Receive alerts for upcoming expirations and renewals
- Maintain defensible compliance records for vendor and internal audits
End-to-End Asset Lifecycle Tracking
Assets depreciate fastest when lifecycle ownership is fragmented. Incomplete lifecycle tracking causes premature purchases, delayed retirements, and uncontrolled asset sprawl, driving unnecessary CAPEX and OPEX.
TIKTING Provides:
- Full accountability from procurement to retirement
- Track asset movement from warehouse to user assignment and reassignment
- Maintain complete service and repair histories
- Monitor asset states including active, under maintenance, lost, or retired
- Enforce structured decommissioning and e-waste processes
Barcode & QR Code Integration
Manual asset audits are slow, error-prone, and fail under audit scrutiny. Inaccurate verification weakens internal controls and increases compliance risk.
TIKTING provides:
- Fast, accurate, and paperless asset verification
- Assign barcode or QR codes to all physical assets
- Instantly retrieve asset details using mobile scanning
- View ownership, location, maintenance, and history in seconds
- Reduce audit time while improving accuracy and traceability
Financial Management & Depreciation
Inaccurate asset valuation directly impacts balance sheets, tax calculations, and capital planning. CIOs and CFOs require defensible depreciation data to support financial disclosures and board-level decisions.
TIKTING readily provides:
- Finance-aligned asset valuation and reporting
- Automatically calculate depreciation using configurable methods
- Track book value, current value, and end-of-life cost
- Generate finance-ready fixed asset reports on demand
- Strengthen alignment between IT, finance, and procurement
User–Asset Relationship Management
Unassigned assets create accountability gaps that lead to loss, theft, and disputes. During employee exits, poor tracking frequently results in permanent asset loss and security exposure.
TIKTING readily provides insights about:
- Clear ownership and accountability for every asset
- Map assets to users, departments, and locations
- Maintain responsibility throughout the employee lifecycle
- Generate automated asset return checklists during offboarding
- Reduce loss, misuse, and unreturned equipment
Vendor & Contract Management
Missed renewals and unmanaged contracts cause service disruptions, emergency renewals at premium costs, and weakened vendor negotiations. Visibility into vendor dependencies is critical for service continuity.
TIKTING is designed to:
- Centralized control of vendors, contracts, and warranties
- Store vendor details, SLAs, and contracts alongside supported assets
- Track warranty and service entitlements
- Receive alerts before contract and warranty expirations
- Improve renewal planning and vendor accountability
Preventive Maintenance Scheduling
Reactive maintenance increases downtime, incident volume, and emergency spending. Preventive maintenance directly supports system availability, business continuity, and infrastructure longevity.
With TIKTING, you can easily perform the following:
- Proactive protection of critical infrastructure
- Schedule routine maintenance for servers, networks, and power systems
- Automatically generate work orders and maintenance tasks
- Track compliance with maintenance policies
- Reduce downtime and extend asset lifespan
Reporting & Strategic Planning
Strategic IT planning without accurate asset intelligence leads to misaligned investments and budget overruns. Executives require reliable asset data to justify spending and defend long-term strategy.
TIKTING is built for:
- Data-driven insights for leadership decision-making
- Identify aging, high-risk, or underperforming assets
- Analyze utilization trends across departments
- Support accurate budgeting and replacement forecasting
- Enable confident, evidence-based executive decisions
Secure Data Destruction & Compliance Recording
Improper disposal of assets is a leading cause of data breaches and regulatory penalties. Without documented proof of data destruction, organizations face serious legal and reputational exposure.
TIKTING is battle tested for:
- Verified and auditable asset disposal
- Record certificates of data destruction for retired assets
- Maintain proof of secure data wiping before disposal or resale
- Support compliance with data protection regulations
- Reduce legal, financial, and reputational risk
TIKTING Asset Management enables organizations to convert asset control into a strategic, auditable, and financially defensible capability.
