IT Assets

PeopleSoft IT Asset Management (ITAM) compares the expected state of IT assets—the state reflected in the PeopleSoft Asset Management database (asset repository) - to the state reported by a third-party inventory process. PeopleSoft IT Asset Management integrates with a third-party application that performs the inventory, and reports the results to PeopleSoft IT Asset Management. PeopleSoft IT Asset Management posts the data to cache tables within ITAM.

This process provides two images of the IT assets within the enterprise:

• The IT assets that you add to the asset repository using PeopleSoft applications.

  These assets reside in tables in the asset repository.

• The IT assets that are discovered and stored in the cache tables.

PeopleSoft IT Asset Management enables organizations to track their IT assets and reconcile discrepancies between the IT assets maintained in the asset repository and the actual IT assets discovered in the enterprise. Specifically, PeopleSoft IT Asset Management:

• Identifies the IT assets that exist in the enterprise (using a third-party search and inventory application).

• Compares the discovered IT assets to the IT assets stored in the asset repository.

• Provides financial impact analysis and an interface for addressing and reconciling asset discrepancies.

PeopleSoft software tracks IT assets in the same way that it tracks other assets: it stores the attributes of each asset as an entry in the asset repository.