IT Asset Disposition: How to Do It Right

Published: February 26, 2021

Whether your business is upgrading its electronics and getting new equipment, or you’re interested in turning your assets into cash, IT asset disposition is a must for most companies at some point. 

Find out more about IT asset disposition and why it’s important to take the correct steps to reap the ultimate rewards of asset disposition for liquidation purposes.

What Is IT Asset Disposition?

Liquidating assets means that you’re taking a product or service and cashing in on its value. IT asset disposition relates specifically to tech and electronic equipment such as computers, tablets, laptops, and smartphones. 

You may be interested in electronic asset disposition if your company is purchasing new tech or going out of business altogether. You want to ensure you recoup as much as you can when you liquidate. 

It is beneficial to use an experienced company to avoid taking a loss when you liquidate IT assets. There are numerous other reasons why you should take IT asset disposition seriously. 

Why Correct Asset Disposition is Important

Financial concerns aren’t the only factor when it comes to asset disposition. 

Here are other reasons you want to consider proper asset disposition.

• Security – IT asset disposition means you’re getting rid of the old. So, what happens to all the private data and information on your existing computers? To keep your company secure, that information must be properly wiped from hard drives following specific laws and compliance. This is one of the most important parts of IT asset disposition.
• Eco-Friendly – Tossing old computers in the trash isn’t an option. Not only is our planet in crisis and our landfills quickly becoming overrun, but it’s not the best choice for the environment. Correct electronic asset disposition means old tech gets refurbished, recycled, and reused. Refurbished computers can be resold, and parts that can’t be used again are properly recycled with the planet in mind. 
• Socially Conscious – It’s our responsibility to ensure everyone has access to technology. To that end, asset disposition, when done correctly, ensures that old tech is refurbished and sold at an affordable price point to people who need it or even donated to schoolchildren.

How to Properly Dispose of Tech Assets

Working with an ecologically responsible company is important when you’re considering asset disposition. There are right and wrong procedures for IT asset disposition. 

Here are some examples of electronic asset disposition done right.

Asset Disposition Certification

Proper asset disposition also includes certification. You should receive a certificate stating that your data was properly removed from your assets following government compliance laws. The company you select should take recycling seriously and follow the guidelines for recycling any assets that can be correctly recycled according to their materials or wiped and reused.

Work with Professionals

A great asset disposition company will also help you maximize your money while ensuring laws are followed. Partnering with a professional and experienced asset disposition business can also be beneficial when you gain new assets – many companies can assist you in repairs and help you make the most of your new equipment. 

Contact PlanITROI today for more information on how to dispose of your IT assets right.