The Asset Management Team follows industry best practices to ensure accuracy of records and contractual compliance while identifying cost reduction opportunities throughout the assets' lifecycle.  The team works closely with the Fiscal Management Office (FMO) and End User Support Team to ensure the department collects and maintains accurate software licensing and hardware asset data for better informed decision making.  In addition, they are responsible for providing analyses of asset data and develop processes and procedures to help automate the collection, storage, and reporting of the data.