Accurate tracking of IT equipment is more than just inventory control; it is fundamental for security, budgeting, and compliance. Without precise records, devices may go missing, leading to data breaches or financial losses. Proper tracking supports regulatory compliance by providing audit trails for sensitive hardware and software. It also helps optimize budget allocation by identifying underused or redundant equipment, thus avoiding unnecessary purchases. When employees change roles or leave, knowing who holds which device prevents delays and supports swift asset recovery. Ultimately, maintaining an accurate IT inventory fosters accountability and operational efficiency.https://www.circuitminds.co.uk/onboarding-asset-management-packages