Brennan IT launches asset management service

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Brennan IT launches asset management service

Brennan IT has launched a lifecycle asset management (LAM) service to allow customers to reduce capital expenses while leveraging the latest technology for business growth.

The pay-as-you-go, subscription-based service can allow businesses to preserve their cash for other initiatives and avoid carrying the asset and its liability on their own balance sheets.

“Without the right IT hardware and software, businesses in today’s fast-moving environment simply won’t be able to meet customer expectations,” Brennan IT head of consulting and partners Andrew Borthwick said.

“The increasing reliance on digital systems for every part of business means companies must act strategically when it comes to managing these assets.”

He added that the service would also help businesses streamline their accounting, maximise any balance sheet benefits, and ensure that all assets are “correctly accounted for”.

The service includes financing for hardware and software asset refresh, recovery, and data wipes while allowing customers to know how many devices they have within their fleet and will know when their agreements will end.

The customer’s assets will be managed and billed on a single invoice in a subscription-based bundled offer covered by one contract and a single monthly bill.

“Implementing a LAM agreement helps businesses reduce the risks associated with owning and maintaining assets,” Borthwick said.

“By managing the entire process from end-to-end and putting all the costs on a single bill, Brennan IT’s new LAM service is ideal for mid-market businesses that want to achieve strong growth without introducing complexity and unnecessary costs.”

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