As organizations grow, assets can become difficult to track, leading to underutilization and waste. ServiceNow ITAM helps consolidate asset data in one place, providing complete visibility and control over asset utilization.

Managing software licenses and maintaining compliance with vendor agreements is complex and costly. ITAM’s Software Asset Management (SAM) ensures compliance, reduces audit risks, and prevents overspending on licenses..

Managing assets from procurement to disposal can be labor-intensive without a centralized process. ITAM automates asset tracking and lifecycle management, enabling more efficient procurement, maintenance, and decommissioning.

Without a clear view of asset status, location, and condition, organizations face increased costs and limited optimization opportunities. ITAM provides real-time insights into asset usage, condition, and value, enabling better decision-making.

With a comprehensive view of asset utilization, ServiceNow ITAM helps you avoid redundant purchases, reduce maintenance costs, and maximize asset life.

ServiceNow ITAM provides visibility into license compliance and usage, reducing the risk of non-compliance, audit penalties, and unexpected costs.

Accurate, real-time data on asset status and utilization empowers stakeholders to make informed decisions, whether optimizing software usage or planning future hardware acquisitions.

Automated workflows across the asset lifecycle—from procurement to disposal—ensure efficient, transparent, and cost-effective asset management practices.

Track and manage hardware assets from acquisition through disposal. HAM provides visibility into asset location, usage, condition, and value, ensuring optimal utilization and planning for future asset needs.

Manage software licenses, usage, and compliance with ServiceNow’s SAM tools. SAM helps you control software costs, stay compliant with vendor agreements, and reduce the risk of license audits.

Gain visibility into cloud-based resources and optimize cloud spending. Cloud Insights within ITAM helps you track cloud usage, identify cost-saving opportunities, and prevent over-provisioning..

Maintain and track contracts related to assets, such as maintenance agreements and vendor contracts. Contract Management enables you to monitor renewal dates, compliance terms, and spend against contracts to avoid unnecessary expenses..

Simplify and streamline asset requests through a self-service portal. Asset Request Management ensures that users receive the right assets quickly while maintaining oversight of asset allocation.

Integrate ITAM with the CMDB to keep an accurate, real-time record of asset dependencies and relationships. CMDB integration ensures that all asset data is up-to-date and linked to relevant services, improving visibility and management..

Track the financial impact of asset usage and calculate depreciation accurately. ITAM's financial management features provide insights into the total cost of ownership and asset value over time.

Automate end-of-life processes for assets, ensuring secure, compliant disposal. Asset Disposal Management helps mitigate security risks, maintain environmental compliance, and streamline the disposal process.