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Asset tracking software is a type of software that allows organizations to monitor and maintain all of their assets, owned as well as leased. These assets could be physical (IT devices, heavy machinery, etc.) or virtual (software).
The software stores and manages details including location, operation/performance, user logs, warranties, service history, contracts, and other information throughout an asset’s lifecycle.
Compliance software is used to continually track, monitor, and audit business processes to ensure they are aligned with applicable legal, industry, and security requirements, organizational policies, plus consumer standards.

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