- Managing 500,000+ IT and non-IT assets across 6,000 locations without a unified platform created major data conflicts between IT (ServiceNow ITSM) and Finance (Oracle ERP FAR). This resulted in ghost assets in FAR, missing records in Finance, and frequent audit discrepancies.
- Audit exposure was critical — the company wrote off millions in untraceable assets, while continuing to pay insurance and taxes on non-existent assets due to the lack of an effective ITSM-FAR reconciliation solution.
- Without a structured employee asset handover (HOTO) system, assets were frequently lost during employee exits, leading to ownership disputes and incomplete asset records.
- Manual physical verification delivered only 60% accuracy, while warranty and AMC tracking remained inconsistent — causing unexpected failures and high emergency costs.
- Spreadsheet-based tracking failed to scale at enterprise level, leading to performance issues, outdated records, and the urgent need for a robust IT asset reconciliation platform.