IT Asset Disposition is a vital part of the IT industry. That’s because it helps companies responsibly dispose of their old equipment while also protecting the environment. But there are many other ways that an ITAD company can help your business too!
In this blog post, we will discuss why ITAD is essential to your business and how an ITAD company might be able to assist with all aspects of your business. We’ll cover aspects including compliance, data security, budgeting, and more!
ITAD Helps Businesses Comply with Regulations
One of the main reasons ITAD is important to businesses today is that it helps companies comply with regulations.
If you are not familiar, here’s a quick refresher on what makes up “IT Asset Disposition,” aka ITAD:
- The process by which organizations securely dispose or recycle used computer equipment in a way that protects the environment and human health
- The goal of ITAD is to ensure all materials handled in this process are done so in a responsible manner. This includes data security, compliance with environmental regulations, product disposal methods (which can vary depending on what material or device it may be), and much more!
When companies handle their equipment disposal, there is an increased risk for human error. This can result in environmental problems and violate specific compliance rules, which could cost the company more than an ITAD service would have cost to begin with!
Help Manage Compliance Costs
It’s no secret that companies are under pressure today to manage their operating costs while also ensuring compliance with regulations. This is especially true for companies that handle sensitive information, as they are even more likely to be under scrutiny by regulators and auditors alike.
One of the best ways an ITAD company can help your business save costs is through better risk management. This is because their extensive experience ultimately results in fewer risks. For example, they know what equipment needs to be securely disposed of and how to do so in a responsible manner, which means companies don’t have to worry about missing or forgetting anything.
Another way that an ITAD company can help your business save money is by providing exemplary service for the job, whether equipment recycling, reuse, refurbishment, resale, or all of the above.
Data Security is Key!
Another critical aspect of ITAD that many businesses often forget about but should not take lightly—data security. Your business may have spent countless hours and resources building up your network infrastructure. However, if you do not properly dispose of this equipment or manage how it is used after being replaced with new technology, all of those efforts could be for nothing.
An ITAD company can help your business protect sensitive data (and ensure it is not exposed to third parties) by properly wiping and disposing of hard drives before recycling or reselling equipment! This service will only cost a bit more than regular ITAD, but the peace of mind that comes with knowing your data is managed correctly will be worth it.
Budgeting for the Future
One of the best ways an ITAD company can help your business is by providing flexible financing options – so that you don’t have to worry about budget constraints when replacing aging equipment or updating technology! This service makes perfect sense because even if you are not looking to upgrade your entire IT environment, you still need the right equipment for your business.
Many companies turn to lease to acquire this new technology without having to break the bank upfront – but they are often unaware that doing so can hurt their budget more in the long run! This is due to “Residual Value”—also known as the “Total Cost of Ownership.”
Leasing equipment typically results in a lower monthly payment, but these savings are not always worth it when you factor in all hidden costs. For example, if your lease has a residual value that’s too high for your business to handle, then you could end up paying more to lease the equipment than it is even worth!
Avail Recovery is Your ITAD Company
Avail Recovery is the premier ITAD company you’ve been searching for! Avail offers equipment buyback programs, data destruction services, and hardware trade-in programs. Avail can also help with data center decommissioning and even telecom services.
Are you looking to streamline your company’s IT infrastructure? Give Avail a call today to see how we can help your business run smoother.