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HP Asset Manager manages the entire lifecycle of an IT asset and provides information about what assets you have where they are, who is using them, and how they are being utilized. You can measure vendor performance, optimize supplier portfolio, optimize software licensing costs and streamline IT procurement process. This solution also supports vendor audit and internal policy compliance for hardware and software. HP Asset Manager calculates the total cost of ownership (TCO) and return on investment (ROI) for IT assets and provides chargeback capabilities for both traditional and cloud services.