Converge Announces Asset Manager 2.0 Web Application; Integrated Dashboard Tracks IT Asset Disposal and Ensures Industry Compliance

Hundreds of millions of tons of technology hardware becomes obsolete every year. This "ewaste" poses new environmental and data security risks to businesses world wide. Tracking the disposition of spent equipment, keeping it out of landfills and preventing data leakage is the specialty of companies like Converge, who today releases its new Asset Manager 2.0 web portal for comprehensive at-a-glance tracking of phased out equipment.

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Quote startIt's about managing the complete life cycle -- and cost of ownership -- of enterprise technologyQuote end

Peabody, Mass. (PRWEB) February 25, 2008

Converge today announced the availability of Asset Manager 2.0, a robust Web-based application that allows enterprises to proactively monitor the security and financial impact of IT asset disposal.

Updating the first version, released in 2007, the new Asset Manager 2.0 offers enhanced access control and a host of new features, including the unique ability to capture asset discrepancies at a serialized level, further enhancing the chain-of-custody process.

Converge helps businesses safely dispose of millions of tons of tech equipment every year. Increasingly, Converge customers achieve the necessary compliance to earn the opportunity to turn their trash into cash, harvesting hidden revenue in used and excess hardware through Converge's global remarketing network, which creates a thriving aftermarket for computers and electronic components.

With Asset Manager 2.0, organizations can track, in real time, the exact status of equipment moving through the disposal process. Users get at-a-glance data on the location, condition and potential monetary value of every item being processed. The portal also provides online order entry and scheduling, a critical time-saver for companies coordinating outbound assets from multiple offices.

"It's about managing the complete life cycle -- and cost of ownership -- of enterprise technology," says Chris Adam, director of Converge's IT Asset Disposition division. "Done properly, asset disposal can not only minimize costs and prevent compliance problems, but can also deliver unexpected financial return. The disasters arise from not planning ahead and from treating disposition as some sort of temporary inconvenience."

Some of the key benefits of Asset Manager 2.0 include:

  • Chain-of-Custody Reporting -- The application is able to track each serialized asset through each stage of the disposition process, from the moment the asset leaves your facility through final disposition.

  • Settlement Summary -- An extensive settlement summary is provided with details of each asset's final disposition and financial impact.

  • Certificate of Compliant Data Erasure -- When our clients' end-of-life IT assets are being prepared for final disposition, the clients can be sure that the data contained within each asset has been handled to comply with all data and privacy regulations. Disk drives are erased to DoD 5220.22M multipass standards, and certificates of erasure are issued and stored in Asset Manager for each serially numbered asset erased.

  • Certificates of Compliant Recycling and Destruction -- For those assets that are not remarketable or that require compliant destruction, our clients are issued documentation providing proof that those assets have been destroyed and recycled in accordance with all local, state and federal environmental guidelines.

About Converge
Converge is a global supply chain partner for technology-driven companies. The organization's three business units are dedicated to just-in-time distribution of electronic components, comprehensive asset recovery services and secure IT asset disposition. Founded in 1980, Converge is headquartered in Peabody, Mass., and has offices in Austin, Tex.; Columbus, Ohio; Irvine, Calif.; Singapore; and Amsterdam, the Netherlands; along with support centers throughout Europe, Asia and the Americas. For more information about Converge, visit http://www.converge.com.

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