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ServiceNow HAM: Asset TCO

Understand the true financial impact of hardware and enterprise assets by analyzing procurement, maintenance, repair, and disposal expenses. Handling the total cost of an asset over its entire life can be tricky for asset managers because it involves pulling together data from different systems. This complexity often makes it hard to decide whether to replace, repair, or repurchase an asset. Total Cost of Ownership (TCO) is a crucial, yet challenging, calculation that covers both direct and indirect costs of a hardware or enterprise asset over its lifespan. This solution is perfect for asset managers, end-users, and admins who want to evaluate asset value and make informed purchasing decisions.