
Overview
What is Cherwell Asset Management and how does it function? Cherwell Asset Management software allows users to access the knowledge already present in their networks or new purchases. This tool assists users in discovering critical assets for operations, providing insights for informed decision-making, and maximizing their IT investment. The user's role is to optimize the performance of IT assets, which may require an ITAM solution. Cherwell simplifies this process by enabling users to automatically discover and manage both software and hardware assets connected to the network. In addition to automated discovery, Cherwell includes an automatic process to meet the IT needs of new hires and prevent ex-employees from taking licensed assets and other company property. Many organizations lack knowledge of the software and hardware assets in their environment, but Cherwell provides quick visibility and helps identify and reclaim underutilized licenses. Cherwell offers accurate hardware and software status information throughout the business life cycle, and its pricing is based on quotations.
Expert review of Cherwell Asset Management
Cherwell Asset Management Review
Cherwell Asset Management is a comprehensive software solution designed to help organizations effectively manage and optimize their IT assets. In this review, we will explore the key features, use cases, pros, cons, and provide a recommendation for this software.
Table of Features
- Asset Discovery: Automatically discover and track all IT assets across the organization.
- Asset Inventory: Maintain a centralized inventory of all hardware and software assets.
- License Management: Track software licenses, usage, and compliance.
- Contract Management: Manage contracts, warranties, and maintenance agreements.
- Asset Lifecycle Management: Monitor the entire lifecycle of assets from procurement to retirement.
- Asset Tracking: Track asset location, ownership, and status in real-time.
- Reporting and Analytics: Generate customizable reports and gain insights from asset data.
- Integration Capabilities: Seamlessly integrate with other IT systems and tools.
- Mobile Support: Access asset information and perform tasks on mobile devices.
Key Takeaways
- Cherwell Asset Management provides a comprehensive set of features to effectively manage IT assets.
- The software offers automated asset discovery, inventory management, and license tracking.
- Users can track the entire lifecycle of assets, from procurement to retirement.
- Cherwell Asset Management supports integration with other IT systems and offers mobile support.
- The reporting and analytics capabilities enable users to gain valuable insights from asset data.
Use Cases
Use Case 1: IT Asset Inventory Management
Cherwell Asset Management is ideal for organizations looking to maintain a centralized inventory of their IT assets. The software provides automated asset discovery, allowing users to easily track and manage hardware and software assets. This use case is particularly useful for large enterprises with a wide range of IT assets spread across multiple locations.
Use Case 2: License Compliance Tracking
For organizations that need to ensure software license compliance, Cherwell Asset Management offers robust license management features. Users can track license usage, manage software entitlements, and generate compliance reports. This use case is beneficial for companies that want to avoid legal risks and optimize their software licensing costs.
Use Case 3: Asset Lifecycle Management
Cherwell Asset Management enables organizations to effectively manage the entire lifecycle of their assets. From procurement to retirement, users can track asset details, maintenance schedules, and warranty information. This use case is valuable for companies that want to maximize the lifespan of their assets and optimize maintenance processes.
Pros
- Comprehensive Features: Cherwell Asset Management offers a wide range of features for effective asset management, including asset discovery, inventory, license management, and reporting.
- User-Friendly Interface: The software provides an intuitive and user-friendly interface, making it easy for users to navigate and perform tasks.
- Customizable Reporting: The reporting capabilities in Cherwell Asset Management allow users to generate customized reports, providing valuable insights into asset utilization and compliance.
- Integration Capabilities: The software seamlessly integrates with other IT systems and tools, enabling data synchronization and streamlining workflows.
- Scalability: Cherwell Asset Management is scalable and can accommodate the needs of both small and large organizations, making it suitable for companies with future growth plans.
Cons
- Steep Learning Curve: Some users may find the initial setup and configuration of Cherwell Asset Management complex, requiring time and effort to fully understand its functionalities.
- Limited Mobile App Functionality: While Cherwell Asset Management does offer mobile support, the mobile app's functionality is somewhat limited compared to the desktop version.
- Pricing: The pricing structure for Cherwell Asset Management may be a barrier for small organizations with limited budgets.
Recommendation
Cherwell Asset Management is a comprehensive software solution that offers a wide range of features for effective IT asset management. With its automated asset discovery, inventory management, and license tracking capabilities, it provides organizations with the tools they need to optimize their IT asset utilization and compliance.
The software's user-friendly interface and customization options make it a valuable asset management solution for organizations of all sizes. However, potential users should be aware of the initial learning curve associated with the software's setup and configuration.
Overall, Cherwell Asset Management is recommended for organizations seeking a robust and scalable solution to manage their IT assets effectively.
Cherwell Asset Management pricing model
Quotation Based
Screenshots




Features
- Compliance Tracking
- Inventory Overview
Technical details
- Support: Online
- Customer Type: Large Enterprises Medium Business Small Business
- Location / Phone Number: Colorado Springs, Colorado
- Deployment: SaaS/Web/Cloud
- Official Website: https://www.cherwell.com/products/software-asset-management/
- Category: IT Asset Management (ITAM) Software
Apibit summaries are researched from vendor documentation and public information. Features and prices change often, so confirm details with the vendor. See our editorial policy and advertiser disclosure.





