Asset Life Cycle Management

Provance improves IT service delivery by providing unmatched visibility and control of all deployed and available assets. The Provance solution gives IT service providers detailed insight into how effectively assets are enabling managed services. This critical asset information contributes to accurate financial analysis as well as operational forecasting and budgeting.

Centralized asset tracking
Your Challenge: Centralize the tracking and management of assets, regardless of how widely they are distributed throughout the building, city, or country.
Provance Solution: The Provance solution is built around a single repository. This single, central information source enables optimal resource redeployment, thereby reducing surplus inventories and helping you avoid unnecessary new equipment purchases or leases. You can leverage the same system support and application administration for all sites, deploy the solution with minimal rollout and support costs, and enable anytime access to various stakeholders, to facilitate timely updates and informed decision making.

Move/Add/Change (MAC) management
Your Challenge: Reduce the effort required to reconcile the inventory and track the history of moves, adds, and changes to reconcile the inventory and track history.
Provance Solution: MAC management is spread over disconnected applications and consumes significant effort and resources. Using business rule enforcement and workflow automation, Provance makes MAC processing timely and efficient. Easily integrate with procurement and service delivery applications for immediate updates. Stay on top of the location and status of all of your assets, to optimize asset use and asset manager productivity. Provance also provides access to auditable history records so you can fully understand your MAC activity.

Surplus and disposal management
Your Challenge: Track assets that are no longer actively in use, and plan and manage their disposal.
Provance Solution: Provance lets you maximize asset utilization and minimize the management effort associated with surplus and disposed assets. You can even identify security treatments for these assets.

Repair management
Your Challenge: Incorporate a view of assets currently on repair into a single view of the IT environment.
Provance Solution: With Provance, you can easily identify assets currently on repair and provide an optional link to the service delivery system to monitor repair progress. Identify the problem, the vendor making the repair, the associated service desk ticket, when the asset is due for return, the resolution, the cost, and the actual return to service date. Set up reminders to ensure assets are returned on time. Capture failure and repair history of assets and asset types to optimize future purchasing and maintenance renewals.

Detailed asset hardware/software tracking
Provide a single view of both summary and detailed asset information to enable effective monitoring and change impact analysis.
Provance Solution: Provance enables you to import asset hardware and software details from a discovery tool, so you can identify any non-standard elements in the installed base. Detailed asset configuration information is available for procurement, support, and change management planning purposes. Our single repository approach and discovery tool integration means that only one reporting tool is required for reporting on all assets in the organization, even when several discovery tools are in place. This solution also facilitates software license compliance reporting.

Asset costs tracking
Your Challenge: Get the full picture when it comes to the life cycle costs of an asset.
Provance Solution: Provance lets you track costs related to purchases, repairs, and support against individual assets or maintenance contracts. You can use this costing information to optimize assets, streamline vendor negotiations, and improve financial forecasting.