Automated Onboarding Automated Onboarding
IT Asset Management IT Asset Management
Automated Offboarding Automated Offboarding
Device Storage Device Storage
Automated Onboarding

One dashboard to procure IT hardware assets to your global workforce.

Global delivery and MDM enrollment, all ready for your new hire’s day 1.

Enable your employees to order equipment and reduce your admin workload.

Sync with your HR system to prevent duplicate work and make onboarding smoother.

IT Asset Management

Automate device enrollment and ensure security compliance.

Real-time visibility into asset locations and status.

Track the performance and value of devices throughout their lifecycle.

Centralized dashboard to manage device repairs and replacements.

Store, track, organize, and manage your IT inventory.

Automated Offboarding

Automated collection of devices from departing employees globally.

Certified data erasure to protect sensitive information and stay compliant.

Reuse refurbished offboarded equipment to reduce waste.

Eco-friendly disposal of end-of-life assets in compliance with local regulations.

Sustainable recycling of IT assets to minimize environmental impact.

Resell retired IT assets and recover up to 45% of their original value.

Device Storage

Local storage facilities to store IT assets and manage logistics efficiently.

Real-time stock tracking and automated restocking across all warehouses.

Quick access to devices stored in local warehouses for distribution.

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    IT Asset Recovery: Complete 2026 Guide for IT Managers

    Edited & Reviewed
    Last Update

    If you manage IT for a distributed workforce without a formal IT asset recovery process, you’d know how quickly devices fall out of sight.

    Laptops stay with offboarded employees, older machines pile up in storage and returned hardware sits untouched because no one has time to inspect, wipe, repair or redeploy it.

    And over time, that gap starts to compound.

    You end up procuring new assets when you could have simply repaired and reassigned the older ones. Valuable hardware gets written off too early or ends up in landfills, contributing to the ever-increasing e-waste production.

    Those unmanaged devices become a security risk, since they still contain sensitive corporate data.

    But a structured IT asset recovery process changes that.

    It helps you retrieve devices, recover value from hardware you already own, reduce unnecessary procurement costs and keep usable equipment out of landfills. More importantly, it ensures that sensitive corporate data doesn’t slip through the cracks.

    In this IT asset recovery guide, we’ll explain what IT asset recovery is, how it works and how to decide what the best recovery method is for your assets.

    TL;DR

    • IT asset recovery is the process of retrieving unused IT devices and extracting value from them through refurbishment, redeployment, resale, recycling or secure disposal.
    • Unmanaged devices create security risks, compliance exposure and unnecessary hardware costs. But structured recovery programs can significantly reduce replacement spend, environmental impact, and prevent data leaks.
    • Platforms like Workwize help IT teams handle the full recovery lifecycle—from retrieving devices globally to certified data erasure and responsible recycling, resale, redeployment and disposal without juggling multiple vendors.

    IT teams across the globe use Workwize for their IT asset recovery needs.

    What is IT Asset Recovery?

    IT asset recovery is the process of retrieving IT equipment that is no longer in active use and recovering value from it via refurbishment, redeployment, resale or disposal.

    And the assets (laptops, computers, workstations, servers, tablets, smartphones and more) can be recovered from multiple sources during the asset lifecycle:

    • Departing employees
    • Device refresh programs
    • Office closures
    • Unused inventory
    • End-of-life decommissioning

    Note: IT Asset recovery is not interchangeable with IT asset disposal (ITAD) or recycling or IT asset retrieval. It’s a broader concept that encompasses processes such as retrieval, reselling, disposal, recycling or refurbishment.

    And the primary goal of IT asset recovery is to ensure:

    • The data on the devices isn’t exploited
    • The maximum monetary value is extracted from the devices
    • And whatever happens with the devices happens in an eco-friendly way.

    Let’s now explore the significance of IT asset recovery in more detail.

    Why is IT Asset Recovery Important?

    Here’s why every company (big or small) must invest in IT asset recovery:

    • Reduces security and data breach risks: According to the HP Wolf Security study, 12% of WFA (work from anywhere) workers have left a job without returning their device right away and almost half of these say they never did.

    IT assets like laptops and workstations usually contain sensitive corporate information. Therefore, if these devices remain with your employees longer than required or are lost, this creates a risk of security breaches.

    And with the average cost of a data breach being around $4.4 million, that’s something you’d want to avoid.

    However, an established IT asset recovery process can ensure the assets are securely recovered and handled, reducing the likelihood of breaches.

    • Prevents hardware loss and replacement costs: Every year, lost and stolen devices cost organizations an estimated $8.6 billion. This cost usually involves the cost of purchasing new devices and breaches that might occur.

    With IT asset recovery, you can retrieve all your devices, inspect them and have the ones in good condition reassigned to new employees. And the end-of-life devices can be recycled or disposed of. This lowers your replacement costs and saves your company from data breaches.

    Having a well-laid-out plan for IT asset recovery can help you maximize value from your devices and fully reuse them. And this can further help minimize e-waste being dumped into landfills.

    The IT Asset Recovery Process (Step-by-Step)

    While the actual process may vary from company to company, here’s how a typical IT asset recovery process works:

    1. Audit (1-3 days)

    This may sound obvious, but auditing and identifying what devices you have, where they are and in what condition guides your next steps.

    Let’s say there are 7 laptops with remote employees who’re leaving the organization on one side. On the other hand, you have 54 laptops sitting in your New York office.

    When you know this, you’ll focus on recovering laptops from remote employees first, since the devices are highly valuable in both data and monetary terms.

    Once you have those devices back from your employees, you can proceed with the ones in your office.

    To know what devices you have, you can use your asset tracking tool. If you don’t have one, check out our handpicked list of the best asset tracking tools: 12 Best IT Asset Tracking Software in 2026

    2. Retrieve (1-2 weeks)

    Once you have the basic details, you need to retrieve those devices from your employees, warehouses or offices for further processing.

    Now, there are a few scenarios here. Asset retrievals mostly make sense when you’re recovering laptops or workstations from employees leaving your organization.

    For other sources, such as offices in different countries or cities, you can simply ask your IT asset recovery service provider to securely store them in a storage facility. Because bringing all the devices to your location could be impractical, especially if your primary office is in a different country.

    So, focus on retrieving your assets from your employees and get them to your local warehouse or to the asset retrieval service provider’s storage facility.

    3. Assess (1-2 days)

    Companies have a variety of options when it comes to deciding what to do with old IT equipment. In addition to refurbishing them, some donate them, some resell them and some scrap them, as stated by this Reddit user:

    Source: Reddit

    But, to come to a conclusion, you must perform a thorough assessment. For instance,

    • If the device is 3-4 years old (due for a device refresh), but is still working, you can either donate it or resell it.
    • If the device is a little less used (say, 1-2 years old), you can examine its condition, make the necessary repairs/upgrades and reassign it to new hires. This will save you from paying a high upfront cost for a new device.
    • If the device isn’t working at all but the parts can still be used, you can recycle it. This will reduce the amount of e-waste being dumped into landfills.
    • And lastly, if the device is damaged or is of no use to anyone, you can perform IT asset disposal (ITAD)

    4. Wipe Data (24 hours)

    But whatever you do, make sure the data is wiped clean using certified data erasure methods. Because that’s how you ensure the data on the devices will not be exploited.

    For instance, Workwize, a global IT hardware solution, performs data erasure in accordance with the industry-best data erasure standards and provides you with a data erasure certificate. This gives you the confidence to make the most of the devices you have without risking security.

    5. Redeploy or Dispose (1-2 weeks)

    Once devices are wiped and categorized, you can:

    • Redeploy working devices to new hires or other teams
    • Resell equipment with residual value
    • Donate functional devices to non-profits
    • Recycle or dispose of hardware that can no longer be used

    And the best part is that Workwize can help you with everything. Whether you want to retrieve assets globally, redeploy them, resell them to recover residual value, donate, recycle or dispose of them securely.

    This ensures you don’t have to hire different vendors for each task, saving time and improving security.

    When to Dispose, Recycle, Refurbish or Resell IT Assets?

    To understand the criteria, I created a Reddit post asking IT experts how they decide whether to dispose of, recycle, refurbish or resell assets. And as expected, there is no set criterion.

    For instance, this Reddit user says it depends on management, specs, and hardware, among other factors.

    Source: Reddit

    Another user mentions they keep current models (probably 1-2 years old) for new hires or as loaners for laptops that require repairs. And older ones are given to employees, after they’re wiped clean:

    Source: Reddit

    While there may not be any set criteria, here are some general guidelines to help you decide:

    1. Reassign or Refurbish

    Companies usually reassign retrieved assets (say, laptops) internally when they:

    • Are still functional
    • Can run the required software
    • Are not a security liability
    • Need only low-cost fixes such as battery replacement, RAM/SSD upgrades or minor repairs.

    For instance, this Reddit user says they don’t update/replace monitors until they’re in working condition and serve the purpose:

    Source: Reddit

    2. Resell

    When an asset (laptop, workstation, server, etc.) may not be suitable for internal operations, but is still in working condition and has some residual value, reselling it makes sense.

    However, be cautious when reselling devices, since they might contain sensitive corporate data that can be exploited. And you already know how expensive data breaches can be.

    This Reddit user’s company used to sell old computers to their employees but later stopped due to security concerns:

    Source: Reddit

    But, just like they moved to professional recyclers, you can partner with Workwize to handle reselling on your behalf. Workwize offers certified data erasure and ensures secure resale, recovering up to 45% of the original equipment value. Now, that’s real recovery.

    Pro Tip: If you’re in a highly regulated industry, try removing or destroying the storage before reselling. No hard drive equals zero chances of the data being exploited.

    3. Donate

    Donation makes most sense when hardware is still usable but not worth the effort or margin of resale. Numerous companies donate to charities, schools or nonprofits. In addition to minimizing e-waste and feeling good, donation gives you a tax write-off, lowering your company’s tax bill.

    However, while you can get a tax write-off, make sure you’re not operating in a heavily regulated industry. Because that would make the process extremely complex, as this Reddit user confirms:

    Source: Reddit

    4. Recycle

    If your assets are damaged beyond economical repairs or no longer meet requirements and have poor resale value, recycle them. Just partner with ethical IT equipment-recycling partners like Workwize, which adhere to sustainability guidelines for device recycling.

    Plus, you get a data destruction certificate so you know the data will not be exploited.

    5. IT Asset Disposal (ITAD)

    ITAD makes sense if your devices are marked:

    • Unsafe
    • Unsalvageable
    • Non-compliant
    • Impossible to sanitize to the required standard.

    Workwize also helps you dispose of your devices safely while complying with industry-leading standards.

    Here’s a decision tree to help you instantly make the right IT asset recovery decisions:

    How to Calculate IT Asset Recovery Cost and ROI?

    Before deciding whether to refurbish, resell or recycle a device, you might ask:

    Is recovering this device cheaper than buying a new one?

    You can answer that with a basic ROI calculation for recovery.

    IT Asset Recovery ROI Formula

    Recovery ROI = New Device Cost − (Retrieval + Repair + Data Wipe + Logistics)

    If the result is positive, recovering the device makes financial sense.

    Typical IT Asset Recovery Costs (Industry Benchmarks)

    Based on pricing from IT asset recovery providers and logistics services, the typical costs per device look like this:

    Recovery Step

    Typical Cost

    Device retrieval (domestic)

    $70–$120

    International retrieval

    $120–$250

    Certified data wipe (NIST compliant)

    $20–$40

    Minor repairs (battery, RAM, SSD)

    $50–$150

    Inspection & testing

    $10–$30

    Recycling/disposal

    $20–$50

    So recovering a device usually costs $100–$300 total, depending on logistics and repairs.

    Example Recovery ROI Calculation

    Let’s say a company retrieves a 2-year-old MacBook Pro.

    Cost Component

    Cost

    Retrieval

    $90

    Data wipe

    $30

    Battery replacement

    $120

    Inspection

    $20

    Total recovery cost = $260

    A new replacement device costs about $2,000–$2,500.

    ROI

    $2,200 − $260 = $1,940 saved

    That’s why many IT teams prioritize refurbishing devices that are 3 years old or less instead of buying new hardware.

    Let’s now calculate the IT asset retrieval rate.

    IT asset retrieval rate (%) = (Devices Successfully Returned ÷ Devices Expected to Be Returned) × 100

    If you were expecting 50 devices but you got only 42, the asset retrieval rate would be:

    Retrieval rate = (42 ÷ 50) × 100 = 84%

    What Do You Gain From Proper IT Asset Recovery?

    Here’s how IT asset recovery benefits you:

    Reduce e-waste production, which is expected to reach 82 million tonnes by 2030

    According to the United Nations Institute for Training and Research, the amount of e-waste being dumped is increasing and is expected to reach 82 million tonnes by 2030.

    This means billions of dollars' worth of strategically valuable resources are dumped in landfills.

    But with IT asset recovery, you can implement circular-economy and business-model approaches. Instead of dumping IT assets right away, you can retrieve, repair, refurbish, resell or recycle them. And this substantially reduces the overall annual e-waste production.

    And I am not even kidding. According to an article from EY, implementing a circular economy business model (reusing devices or extending their lifecycles) can lower environmental impact and help address critical e-waste challenges.

    Avoid the massive costs of data breaches of up to $4.4 million

    Every device has sensitive company information worth millions. Handling them carelessly, i.e., losing track of devices, dumping them irresponsibly, can increase the risk of that data being exploited. And companies lose over $4.4 million on average to data breaches, says IBM.

    By hiring a credible IT asset recovery service provider, you can track all your assets and ensure they’re not processed further without certified data erasure.

    Cut upfront costs (by tens of thousands of dollars) by redeploying recovered assets

    A new Corporate mid-range enterprise laptop costs around ~$2500. And buying 10 such devices along with their accessories, extended warranties and antivirus takes the cost well above $30,000.

    Now, imagine you have functional 1-2-year-old devices sitting in warehouses or with employees who’re about to leave your organization. You spend some money on repairs (only if it’s way cheaper than buying a new device, $200-$400) and reassign them to at least 5 of the new hires.

    In this case, 5 new devices cost you $12,500 + $1,000-$2000 for the warranties and stuff and repairs cost you around $1500 for 5 devices, bringing your total to ~15,000.

    See? You ended up saving around $15,000 just by repairing and reassigning older devices. That’s how powerful IT asset recovery actually is.

    Things to Keep in Mind During IT Asset Recovery

    To experience the benefits mentioned above and to make the most of IT asset recovery, you must be cautious about a few things:

    Data Security

    As mentioned earlier, every device contains corporate data. And you never know who might be lurking around those landfills looking for hard drives to scavenge data from.

    So, regardless of what you choose to do, after retrieving the device, perform certified data erasure. Your asset recovery partner would help you with that.

    For instance, Workwize uses Blancco (an enterprise-grade data erasure software) to wipe the drives clean and offers a certificate of destruction.

    Even on Reddit, multiple IT experts stress one point and that is wiping the storage clean before donating or reselling the devices:

    Source: Reddit

    If you’re still not convinced, the same HP Wolf Security Study I quoted earlier says IT and security decision-makers hoard end-of-life devices because they lack assurance that all sensitive company or personal data has been fully wiped.

    The security concern is genuine. But you can minimize it by choosing the right recovery partner.

    Environmental Responsibility

    When recovering IT assets, it may seem easier to simply discard older devices once they reach end-of-life. But improper disposal of electronics is one of the fastest-growing environmental problems.

    In 2022 alone, the world generated 62 million tonnes of e-waste, yet only about 22% was formally collected and recycled. The rest often ends up in landfills or informal recycling streams where toxic materials can contaminate soil and groundwater.

    Beyond environmental damage, irresponsible disposal can also create compliance and reputational risks. Many states within the USA (Iowa, California and the like) now enforce strict e-waste regulations. And improper handling might result in regulatory penalties or legal liability.

    Solution? Partner with an IT asset recovery service provider who implements sustainable methods for IT asset disposal and recycling.

    For instance, Workwize follows all local environment guidelines for disposing of or recycling assets, ensuring compliance and the least possible environmental impact.

    Traceability

    It’s highly likely that you will lose your assets in transit during the entire asset recovery process. This becomes even more common if you’re moving devices between countries. However, this is not only a monetary loss but also a security incident, since devices contain sensitive data.

    But there’s a quick fix. IT asset recovery partners like Workwize offer real-time visibility into your assets. You can, in real-time, see where your assets are at any point. In fact, Workwize notifies you of any delay, so you can act accordingly and minimize the risk of losing assets.

    Choosing an IT Asset Recovery Partner (Checklist)

    An IT asset recovery partner is essentially a company that helps you retrieve, inspect, repair, reassign, store, redeploy, resell, recycle or dispose of your IT assets.

    However, there are multiple options out there, including Workwize, Allwhere, Reready, Retriever, Growrk and more. But not every provider is suited for your needs, right? That’s why we have created a small but practical checklist to help you make the right choice:

    • Global coverage: If you have employees spread across multiple countries, look out for providers that support retrievals and recovery in those regions.

    • Certified data destruction: Find out if they follow data erasure standards like NIST SP 800-88 Rev. 1, DoD 5220.22-M/ECE, and IEEE 2883 (2022)? Also, ask if they offer a certificate of erasure? If not, look for a vendor who does.

    • Transparent pricing: Find out how transparent their pricing is. Can you find the charges for recycling, retrieval or wiping before booking that service, or does it come as a shocker afterwards?

    • Audit trail: Is your provider maintaining a chain-of-custody i.e., documenting every hand-off of your assets for audit purposes? This is non-negotiable, since a lack of chain of custody means non-compliance.
    • Sustainability: Your IT asset recovery partner needs to comply with international and local (state-wide) environmental regulations.
    • Real-time visibility: Your recovery partner must offer real-time visibility of all your assets. This ensures you don’t lose any assets during transit. And even if you do, you know what steps to take.

    Red flags to avoid

    Avoid IT asset recovery providers who:

    ⚠️ Can’t provide certificates of data destruction after wiping or shredding drives.
    ⚠️ Outsource recycling or disposal to third parties that they don’t vet.
    ⚠️  Have no clear process for cross-border retrievals (customs, duties, import rules).
    ⚠️  Don’t provide chain-of-custody records from employee pickup to final processing.
    ⚠️ Offer no shipment tracking or status visibility once the device leaves the employee.
    ⚠️ Rely heavily on manual coordination instead of a structured platform.
    ⚠️ Don’t verify device condition at pickup, leading to disputes.
    ⚠️ Lack secure packaging or logistics protocols.
    ⚠️ Provide vague timelines for retrieval, especially for international pickups.
    ⚠️ Have no clear process for non-responsive employees or failed pickup attempts.
    ⚠️ Don’t support data-bearing assets beyond laptops (phones, tablets, external drives).
    ⚠️ Provide no reporting or audit logs, making compliance audits harder.

    Simplify IT Asset Recovery with Workwize

    IT asset recovery is a complex process, especially when you’re managing a distributed workforce across multiple countries.

    Just to get your assets back, you have to send multiple manual reminders, book a shipping provider and manually track devices. And even after doing this, there’s no guarantee you’ll get your assets back.

    What’s even more challenging is finding different vendors for repairing, redeploying, reselling, recycling or disposing of end-of-life assets.

    Multiple vendors and manual processes are a recipe for disaster.

    But Workwize can help. Workwize is an IT hardware management platform that automates the entire asset lifecycle from procurement to disposal.

    Using the same platform:

    • You can order and deploy equipment for your employees.
    • Retrieve IT assets across 100+ countries to central facilities.
    • Securely wipe devices and get a data destruction certificate
    • Inspect, make the necessary repairs and ready devices for redeployment.
    • Resell devices to recover the residual value of up to 45%
    • Donate the devices to charities and non-profits.
    • Ethically recycle or dispose of end-of-lifecycle devices.
    • Track all your devices across their lifecycle in real-time

    In a nutshell, Workwize acts as a single solution for all your IT asset recovery needs, local or global.

    Want to see how Workwize recovers IT assets for your global team? Book a free demo now!

    IT Asset Recovery FAQs

    What is the IT Asset Disposition Process?

    The IT Asset Disposition (ITAD) process is the secure and responsible handling of IT equipment at the end of its lifecycle. It’s the final stage of IT asset recovery, where devices that cannot be reused are securely destroyed or recycled.

    What is the IT asset retrieval rate, and how to calculate it?

    IT asset retrieval rate is the number of assets actually retrieved or recovered from employees during offboarding, versus the total assets that were meant to be retrieved.

    IT asset retrieval rate = (total number of assets expected to be retrieved/total assets actually retrieved)*100

    What does Asset Recovery Do?

    IT asset recovery involves retrieving unused or end-of-life devices and extracting maximum value from them through:

    • Refurbishment
    • Redeployment
    • Resale
    • Recycling
    • Secure disposal.

    How much does Asset Recovery Cost?

    The cost of IT asset recovery depends on multiple factors, including the device’s condition, the recovery method required, logistics and more.

    For instance, some retrieval service providers charge $85 for domestic retrievals within the US, while some charge $77 for the same service. Some providers include data erasure within their retrieval package, while some charge $20-$40 extra.

    However, in most cases, you can recoup the cost of retrieval or data erasure by reselling or redeploying the devices.

    What is the Process of Asset Discovery?

    Asset discovery is the process of identifying and cataloging all IT assets within an organization, including their location, owner and status. Here’s a list of the top IT asset discovery tools in 2026 to help you identify all assets within your organization: 13 IT Asset Discovery Tools in 2026.

    How long does the IT asset recovery process take?

    The full IT asset recovery cycle typically takes 7–21 days, depending on the recovery method, logistics and device condition.

    For example, retrieving devices from remote employees can take one to two weeks, while assessment and data wiping may take only a few days.

    What's the difference between IT asset recovery and IT asset disposal (ITAD)?

    IT asset recovery is the broader process of retrieving devices and extracting value from them. And IT asset disposal or disposition (ITAD) is the final step where unusable devices are securely destroyed or recycled.

    In other words, recovery includes retrieval, refurbishment, resale and recycling, whereas ITAD focuses only on secure end-of-life handling.

    Can I recover assets from employees in different countries?

    Yes. Many organizations recover assets from remote employees across countries by using asset retrieval services (like Workwize) that coordinate packaging, pickup and shipping back to a central facility.

    How do I know my data is actually wiped from recovered devices?

    The safest way is to ensure the device is erased using certified data sanitization standards such as NIST SP 800-88.

    For instance, Workwize uses Blancco to securely wipe data from devices, performing compliance-focused erasure aligned with erasure standards.

    Is it cheaper to buy new devices or recover and refurbish old ones?

    In many cases, refurbishing and redeploying devices is cheaper than buying new ones. However, if the repairs involve major components, such as the motherboard, buying a new device will be a smarter decision in the long run.

     

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    About the authors:

    Mayank is a former iOS developer and an experienced writer for IT, software development, AI, marketing, and cybersecurity platforms. He focuses on creating content that adds unique value to readers and addresses their pain points because that's what builds trust and drives conversions. In his leisure time, you can find Mayank sipping cold coffee at ambient cafes or shopping with his mom.

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