Workwize Finance

Stop explaining IT cost overruns. Manage where every dollar goes.

Workwize gives finance full visibility and control over IT hardware spend: one vendor contract, standardized pricing across regions, and every device cost tracked from purchase to resale.

Workwize spend overview dashboard showing total hardware spend, spending over time and spend per role Decorative map dots with USA and Canada flags

These teams stopped losing money on IT hardware

A one-stop-shop for your hardware lifecycle! We've swapped from working with three vendors across the globe to one singular place, which made it easier for our team, finance, and others to get timely updates on hardware orders, repairs, and offboarding. 

Zoárd Manó Csoltai, Senior Tech Ops Engineer at Pleo
Zoárd Manó Csoltai
Senior Tech Ops Engineer AT Pleo

Workwize helps us reduce the time we waste ordering equipment. It also allows us to remove the previously relied-on MSPs to procure assets and will enable us to move IT services entirely in-house to save money on the IT budget. 

Evan Jost, IT Manager at HighLevel
Evan Jost
IT Manager at HighLevel

What I like best about Workwize is the centralized governance of all our IT assets globally. The platform offers full traceability which is crucial for our internal audits and ISO 27001 compliance. 

Ethan X, IT Manager
Ethan X
IT Manager

Global onboarding is easier. Managing IT logistics for global hires was very hard before. Workwize solved that for us. Now our new employees are ready on day one with everything they need to work comfortably.

Robert Jones, Senior IT Manager
Robert Jones
SR. IT Manager

We are already seeing fruits of our labor, since nearly all our new assets are now ordered via Workwize and IT Team has drastically reduced time which was wasted on procuring the assets and its setup.

Ana Lovsin, IT Operations Manager at Swapfiets
Ana Lovsin
IT Operations Manager at Swapfiets
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Hardware costs shouldn’t surprise you at the end of the quarter.

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Hardware costs vary wildly across regions and vendors
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You’re managing invoices from multiple suppliers with no standardization
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Devices go missing, and so does the budget tied to them
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There’s no clear view of lifecycle cost per device
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You have to manually reconcile costs to build budget reports
You’re left explaining budget overruns without having full control over the system.
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Get ahead of hardware costs instead of explaining them over and over.

The platform combines asset lifecycle software with global on-ground logistics. Your hardware spend becomes visible, predictable, and optimized to reduce loss. 

  • Consolidate vendors and standardize pricing globally
  • Get more value out of every device with refurb, resell and redeployment. 
  • Track every device cost from purchase to disposal 
  • Recover asset costs with automated retrievals 
  • Monitor spend across teams, regions, and time 

Make hardware ops smoother and give IT its time back.

What changes for you in finance

Warning-Triangle--Streamline-Core Warning-Triangle--Streamline-Core (2) without workwize
Trophy--Streamline-Core Trophy--Streamline-Core (2) With Workwize
You’re explaining why device costs exceeded budget every quarter. You don’t have a clear breakdown of spend across regions or teams.
You have full visibility into hardware spend at any time. Start reporting on budgets, not explaining overruns.

End-to-end cost control for your hardware lifecycle.

Layout-Grid--Streamline-Core (2) Layout-Grid--Streamline-Core (3) Pre-approved catalogs
Check-Circle--Streamline-Core Check-Circle--Streamline-Core-1 Automated approvals
Clipboard-Content-Paste-Search--Streamline-Core (1) Clipboard-Content-Paste-Search--Streamline-Core Audit-ready reporting
Desktop-Dollar--Streamline-Core Desktop-Dollar--Streamline-Core-1 Flexible purchasing
Frame (20) Frame (19)-1 Spend tracking and reporting
Warehouse-1--Streamline-Core (3) Warehouse-1--Streamline-Core (3)-1 100% Retrievals
Dashboard-3--Streamline-Core Dashboard-3--Streamline-Core (1) Local vendor-to-
vendor network
Recycle-1--Streamline-Core (1) Recycle-1--Streamline-Core Redeployment, recycling, and resale
Pre-approved catalogs

Let employees order devices from region-specific catalogs with approved vendors and models.

Workwize product catalogue with pre-approved laptops filtered by region
Automated approvals

Ensure purchases stay within budget and policy with automated approval workflows.

Automated purchase approval workflow in Workwize keeping orders within budget and policy
Audit-ready reporting

Generate reports for finance reviews, audits, and forecasting

Workwize audit-ready hardware report for finance reviews and forecasting
Flexible purchasing

Lease, buy, or choose a hybrid model for your device fleet, on the same platform.

Workwize purchasing options for a device fleet on one platform
Spend tracking and reporting

Track hardware costs across lifecycle, teams, and geographies on one dashboard.

Workwize dashboard tracking hardware costs across lifecycle, teams and geographies
100% Retrievals

Eliminate write-offs from lost or unreturned devices. Trigger retrieval automatically.

Automated device retrieval triggered from offboarding in Workwize
Local vendor-to-
vendor network

Manage all suppliers and billing in one place. Avoid cross-border shipping and tariffs

Workwize supplier and billing management across local vendor network
Redeployment, recycling, and resale

Recover value by refurbishing and reselling unused or offboarded assets.

Redeploying, recycling and reselling offboarded devices in Workwize
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Built to control hardware spend. Especially at the global scale.

Traditional ITAMs
  • Limited cost visibility 
  • No vendor standardization 
  • Hidden lifecycle costs 
  • Manual reporting
  • Hard to scale globally
Manual ops
  • Costs scattered across vendors and invoices
  • Inconsistent pricing across regions
  • Finance chases data across teams
  • Lost devices increase spend
  • Costs increase with complexity
  • Full lifecycle cost visibility, always up to date
  • Standardized vendors and pricing globally
  • Real-time reporting. No manual work
  • Track and optimize total cost per device
  • Predictable pricing at any scale

Trusted by global IT teams to manage 120,000+ devices.

$1.4M
Saved per year in IT Hardware Management
4.1x
ROI vs manual procurement processes
25,000+
users served worldwide

FAQ on cost control, setup, and what changes day to day.

How does Workwize help control hardware costs?

Workwize centralizes procurement, standardizes vendors, and tracks every cost across the lifecycle. You source devices at local retail prices. This gives you full visibility and control. 

What is the average IT cost per employee?

It varies enormously by industry and how you count. Commonly cited benchmarks put total IT spend anywhere from roughly $2,000 to well over $10,000 per employee per year — tech and financial services at the high end, with software, cloud, and staff usually the biggest lines. The hardware slice is more predictable: a business laptop plus peripherals typically amortizes to a few hundred dollars per employee per year over a 3–4 year refresh cycle, before logistics, repairs, and losses. The bigger issue for most finance teams isn't the benchmark — it's that they can't see their own number per employee. That visibility is what platforms like Workwize provide. For a line-by-line breakdown by device type, see our guide to average IT equipment costs.

How does Workwize help us understand and forecast our IT hardware cost per employee before we commit?

Workwize models your projected hardware cost per employee from your own headcount plan, countries, device standards and refresh cycle during a demo or pilot, before you commit. The output is a projected hardware cost per employee plus what changes under Workwize (local retail pricing, redeployment of returned stock, resale recovery at end of life). Customers typically report 20–40% lower total cost versus managing hardware vendors internally, and hardware spend reduced by up to 30%. Book a free 30-minute demo at goworkwize.com/demo and bring your headcount plan.

Can we export data for financial reporting and audits?

Yes. All hardware, cost, and lifecycle data can be exported in structured formats for audits, finance reviews, or internal reporting.
Every device action is logged automatically, so you always have a complete, reliable record. 

What are the cost benefits of using Workwize for equipment returns?

Automated retrievals cut the two costs finance usually absorbs on offboarding: unreturned devices that get written off, and the staff time spent chasing them. Workwize triggers the return when offboarding starts, ships a prepaid box through its local logistics network, and tracks the device until it is back in stock. Returned devices are wiped and redeployed to the next hire instead of repurchased, or resold at end of life with the recovered value credited back. Every retrieval is logged, so write-offs and recovery show up in the same cost report as purchases.

How much involvement is needed from finance during setup?

Minimal. Policies and budgets are defined upfront. Workwize handles execution and tracking. 

Does Workwize give finance teams an IT asset management view?

Yes. Workwize gives finance the money view of the same asset registry IT works from, so the two are deliberately joined. That means consolidated invoicing across all countries instead of per-vendor, per-region bills; hardware cost and utilization per employee and per team; visibility into idle stock that can be redeployed instead of repurchased; and recovered value at end of life through resale, credited back rather than lost. Because finance and IT are looking at one dataset, the classic gap between the fixed-asset ledger and physical reality stops accumulating.

Does Finance and IT tracking usually go together?

Increasingly yes, because a laptop is two records at once: an operational asset for IT and a line on the balance sheet for finance. When the two are tracked separately, the gap fills with ghost assets — devices still being depreciated that physically vanished years ago — and with procurement spend nobody can allocate. The pattern that works is one shared asset register feeding both views: IT sees status and location, finance sees cost, book value, and utilization, and both are describing the same physical reality.

Can we choose between leasing and buying devices, and how does each affect our cash flow?

Workwize is purchase-based today; leasing is not offered to new customers. You buy devices (via capex or your own financing) and pay for logistics and storage as you go. Device rental and leasing isn't offered to new clients at this time, though it's an area being developed, so the practical choice today is buy-and-manage with predictable per-movement and per-month storage costs rather than a lease line. Buying concentrates spend upfront but avoids ongoing rental fees, while pay-as-you-go logistics keeps operational cost variable. Workwize isn't a financial advisor, so confirm cash-flow treatment with your finance team, and ask your contact about leasing timelines if that's a requirement.

Is Workwize a fit for distributed teams across 130+ countries?

Yes. Workwize procures, ships, retrieves and disposes of IT hardware in 130+ countries through local warehouses and vendor partners, so devices are bought at local retail prices and never cross borders unnecessarily. Finance gets one consolidated invoice and one cost view across every region instead of per-country suppliers and bills. Teams such as Pleo, HighLevel and Swapfiets run their global hardware operations this way.

Learn how teams reduce costs and gain control across global operations.

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Uncontrolled hardware spend adds up fast. Workwize recovers it every quarter.

Book a demo to see how Workwize brings visibility and predictability to your hardware costs. Find out:
How spend is tracked across the lifecycle
Where costs can be reduced immediately
How quickly you can automate all asset finance workflows