Methods and systems for providing a comprehensive view of it assets as self service inquiry/update transactions

A method for providing consolidated self service IT asset management, the method comprising:

• recording software and/or hardware assets in an asset repository of an asset system;
• setting up, at the asset system, an IT asset management application;
• assigning, to an IT asset custodian, software and/or hardware licenses, wherein the IT asset custodian is a member of a custodian group which provides the IT asset custodian with access to IT assets associated with the IT asset custodian group;
• comparing an aggregated software and/or hardware asset repository with a compliance metric;
• reviewing the software and/or hardware licenses assigned to the IT asset custodian, with the compliance metric to determine the IT asset custodian's compliance with the software and/or hardware license requirements;
• updating, the software and/or hardware licenses assigned to the IT asset custodian, such that the assigned licenses are in compliance with the compliance metric;
• updating the software and/or hardware licenses use for accounting accuracy;
• and
• displaying for the IT asset custodian each of the software and/or hardware licenses and IT assets associated with the IT asset custodian group.

A machine-readable medium for providing consolidated self service IT asset management, having sets of instructions which, when executed by a machine, cause the machine to:

• display, on a display device of an IT asset management system, an IT asset management user interface (UI);
• log in, by an IT assets custodian, to the IT assets management UI;
• display, at the IT assets management UI, an aggregated view of all IT assets assigned to the IT asset custodian, wherein the aggregated view of the IT assets is generated from a plurality of IT asset assignment sources;
• provide, the IT asset custodian with the ability to manage the assigned IT assets;
• determine that at least one of the assigned IT assets is to be re-assigned;
• in response to determining that at least one of the assigned IT assets is to be re-assigned, send a request from the IT asset custodian to an IT asset manager for the IT asset to be removed from the IT asset custodian;
• assign the removed IT asset to another custodian;
• correct the financial accounting of the use of the IT asset;
• and
• remove the IT asset from the IT asset custodian.