
Control software and hardware costs and centrally manage procurement
Vendor
OpenText
Company Website

Overview
OpenText™ Asset Management delivers enterprise-ready IT hardware and software asset management. Assign costs, track financials, manage asset lifecycles, demonstrate software compliance to contracts, manage vendors, see carbon impact, and more with SaaS-based ease.
Why OpenText Asset Management?
Strengthen oversight of all enterprise assets
Gain complete visibility across hardware, software, and other assets by combining contract, procurement, vendor, budget information, and even carbon footprint in a central repository.
Manage hardware assets from discovery through disposal
Discover network-connected hardware with OpenText Universal Discovery and CMDB, then manage the asset lifecycle from procurement to retirement and final recycling.
Track and optimize software assets
Reduce audit risk and increase asset value by tracking software and SaaS license usage to optimize allocation, consumption, and reclamation.
Maximize asset value and control
Streamline management of your hardware assets across their lifecycle—reducing costs, optimizing ROI, and making better decisions about budget spend.
Key features
Procurement management
Create vendor catalogs for approved purchase options and easily enter received assets into inventory or track against service tickets.
Financial management
See the projected value for procured assets, assign assets to cost centers, and track purchase prices—all to better understand your asset portfolio.
Vendor and contract management
Track your vendors—their brands, contracts, and risk levels—to strengthen your relationships with them.