Information technology (IT) has taken the world by storm, with global IT expenditure surpassing $4 trillion in 2021. A massive percentage of this money was spent by companies, given how central IT has become in the world of business.
But what happens when you find that you have IT equipment and digital devices in your company that you no longer need? It’s a common situation occasioned by different factors, including mergers and acquisitions, downsizing, and relocating.
One solution is to appoint an asset recovery provider to dispose of these devices. Asset recovery entails selling IT equipment and devices you no longer use to realize some return on investment.
In today’s blog, we outline three essential things to consider when choosing your business asset recovery provider. Let’s get started.
1. Proper Credentials
Asset recovery is a sensitive process that should only be handled by a properly trained individual. That’s why it’s important to verify whether the asset recovery provider you’re about to hire has the proper credentials for the job.
The first thing you need to check is whether the asset recovery provider is licensed. Any top provider will have no problem providing proof that they have a valid license. Do they possess e-Stewards certification?
A professional asset recovery provider who has the right credentials gives you the confidence that you can rely on them. You can trust them to handle asset recovery in a manner that complies with relevant laws and regulations. Note that the law requires that digital devices be properly wiped to protect your company and client data.
It’s also important to find out whether the business asset provider is properly insured before you hire them.
2. Available Services
The suite of services on offer may differ from one asset provider to another. That’s why you need to find out what exactly to expect from your potential asset recovery provider.
Does the asset provider offer pickup, as well as in-depth inventory tracking and reporting? These are just some of the services you may be interested in. Other services include refurbishing, reselling, and recycling business assets.
3. Reviews and Testimonials
Once you’ve confirmed that your potential business asset recovery provider has the right credentials and offers the services you need, it’s time to check their reputation. You want a provider you’ll be happy to partner with for a long time.
The best way to learn about the provider’s customer service is through testimonials from previous clients. Read online reviews and see what others are saying about the asset recovery provider. If the asset recovery provider has lots of glowing reviews from their previous clients, it’s a sign you’ll be happy with their services.
Find the Right Asset Recovery Provider for Your Needs
Many businesses find IT asset disposition problematic, with some opting to simply destroy devices that contain sensitive customer information. A better alternative is to hire a reliable asset recovery provider to take care of these assets. With the right provider, you get to dispose of assets you no longer need safely and make some money in the process.
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