OpenText Asset Management

What OpenText Asset Management is

OpenText Asset Management helps enterprises track IT hardware and software assets, manage compliance risk, and control costs. Hardware records can follow assets from procurement through use and disposal, while software license consumption is measured against agreements, contracts, and actual utilization. Teams can assign assets to cost centers, track depreciation, forecast replacement costs, and map assets to budgets. Vendor and contract management covers support contracts, licenses, purchases, leases, maintenance warranties, and master agreements. Built-in procurement includes catalogs, purchase tracking, and reconciliation of received items against purchase orders. Universal Discovery and CMDB can scan hardware and software inventories; other assets can be added through procurement or repositories such as Microsoft System Center, Intune, Jamf, and BigFix. Listed integrations include Cisco Catalyst Center, IBM License Metric Tool, Microsoft Intune, Microsoft Configuration Manager, and Jamf. The product is available through SaaS delivery and hybrid deployment, with pricing on request and demos available by request. OpenText states that Asset Management is FedRAMP Authorized as part of the ITMX Platform.