Glossary

A way for two systems to securely share data with each other.

Saves time and reduces manual input by syncing systems like HRIS, MDM, or procurement tools.

Velory’s APIs let you automate processes and sync data across your IT stack for a seamless experience.

A set of permissions that define what a user can view or do within a platform.

Ensures the right people have the right access — no more, no less.

Velory supports flexible roles like Admin, Purchase Manager, and Employee, making it easy to delegate tasks while maintaining control and security.

The process of confirming who is responsible for a device and validating asset ownership.

Reduces risk and increases accountability across the organization.

Velory supports smart attestation flows, prompting employees or managers to confirm device assignments on a regular basis.

Automatically triggering IT tasks when someone joins or leaves the company.

Reduces manual work and ensures no device gets forgotten.

Velory connects HR and IT, so devices are provisioned before day one — and returned or bought out when someone leaves.

Pre-set company allowances for employees to spend on hardware.

Makes cost control easier while giving employees a clear understanding of their options.

Employees see their budget automatically when browsing the Velory store — with clear info on company vs personal costs.

A quality rating for refurbished devices (e.g., A, B, C grade).

Helps companies buy sustainable hardware without surprises.

Velory supports clear grading standards and displays them in the store, so buyers know exactly what to expect.

A quality rating for refurbished devices (e.g., A, B, C grade).

Helps companies buy sustainable hardware without surprises.

Velory supports clear grading standards and displays them in the store, so buyers know exactly what to expect.

Managing devices from procurement to provisioning, maintenance, and retirement.

A clear device lifecycle reduces manual work and ensures the right tools are in place from day one.

Velory streamlines the entire lifecycle, automating refresh cycles and making handovers easy during onboarding and offboarding.

The schedule for replacing outdated or end-of-life devices.

Staying on top of refreshes keeps teams productive and reduces support issues.

Velory helps you plan, budget, and execute refreshes proactively — without spreadsheets.

A system that manages user identities, credentials, and access across an organization.

Acts as the backbone for authentication and employee data across IT systems.

Velory integrates with your directory service to sync users, apply access controls, and automate onboarding and offboarding flows.

Letting employees choose from a selection of pre-approved devices.

Boosts employee satisfaction while staying within IT guardrails.

Velory enables a curated device catalog per policy and budget — balancing flexibility with control.

The process of handling an employee's exit from the company, including recovering devices and revoking access.

Ensures secure handover and reduces the risk of lost assets or lingering access.

Velory automates offboarding tasks like device return reminders, buyout options, and user status updates.

Tools and processes that secure and manage devices (endpoints) like laptops and phones.

Keeping endpoints secure and updated is critical for IT compliance and user productivity.

Velory integrates with leading MDM tools so you can manage endpoints while keeping procurement and lifecycle in sync.

A long-term contract with a supplier that sets terms for multiple future purchases.

Provides pricing stability and simplifies procurement over time.

Velory allows you to bring your own frame agreements with resellers or leasing providers into the platform, so all purchasing follows your pre-set terms.

A benefit where employees buy hardware through salary deductions — often tax-advantaged.

Helps companies offer competitive benefits and simplify hardware financing.

Velory supports gross salary hardware schemes in select countries, making setup and management seamless for HR and finance.

A system that stores and manages employee data.

It’s the backbone for automating IT tasks like onboarding and offboarding.

Velory integrates with your HRIS to automate user syncs, trigger provisioning flows, and keep employee-device connections up to date.

A subset of ITAM focused exclusively on physical devices like laptops, phones, and accessories.

Knowing what’s in use, where it is, and who owns it reduces the risk of loss and overspending.

With Velory, HAM is automated and integrated — every device is tied to an employee, tracked, and managed in one place.

A unique 15-digit code that identifies a mobile device on cellular networks.

Helps track and manage mobile phones, especially in case of loss, theft, or warranty claims.

Velory automatically stores IMEI numbers for mobile devices, making it easy to trace ownership, initiate returns, or report issues — all tied to the right employee.

The process of tracking and managing a company’s IT hardware and software throughout its lifecycle.

ITAM gives you visibility and control over your tech environment — from procurement to disposal.

Velory simplifies ITAM by automating tracking, linking assets to users, and surfacing insights that help you manage costs and security effortlessly.

A service that manages user identities and authentication (e.g., Microsoft Entra ID, formerly Azure AD).

Centralized identity reduces risk and makes access management easier.

Velory integrates with your IdP for automatic user syncs, access control, and SSO.

Connecting Velory with other systems like HRIS, MDM, or resellers.

Integrated data means less manual work, fewer errors, and a smoother IT operation.

Velory acts as the central hub for your IT ecosystem — syncing data across HR, procurement, and device management tools.

A third-party service that finances company hardware over a fixed term, instead of requiring full payment upfront.

Improves cash flow and supports regular device upgrades.

Velory connects with your leasing providers, so you can lease, track, and return hardware all in one place.

The system of record for key data, such as employee status or device ownership.

Keeps data accurate and consistent across systems.

Velory lets you define your master data source — typically your HRIS — and ensures synced data flows across the platform.

A system that helps IT teams monitor, secure, and manage devices remotely.

MDM protects company data and ensures device compliance across the organization.

Velory integrates with MDM platforms like Microsoft Intune or Jamf, giving you full lifecycle visibility without switching tools.

The internal steps required to approve a hardware purchase.

Ensures devices meet company policy and budget constraints.

Approval flows are built into Velory, so IT or HR can review and approve before any order is placed.

Automating how IT hardware is selected, approved, and purchased.

Cuts down on manual tasks and reduces errors, delays, and internal friction.

Velory’s built-in store and approval workflows let employees choose approved hardware, while IT retains control.

Preparing and equipping new employees who are starting their job remotely.

Ensures a smooth experience for distributed teams and avoids delays with hardware delivery.

Velory supports pre-day-one setup, budget visibility, and direct-to-employee shipping so remote hires get what they need, on time.

The estimated value of a device at the end of its lease or useful life.

Helps companies plan trade-ins, buyouts, or returns — and improve lifecycle cost forecasting.

Velory supports residual value tracking and connects with resellers to help estimate trade-in potential or set fair buyout prices.

A login method where users access multiple systems with one set of credentials.

Increases security and reduces password fatigue.

Velory supports SSO via identity providers like Azure AD, making login secure and simple.

A benefit structure where employees pay for hardware by deducting costs from their gross salary over time.

Makes upgraded devices more accessible while offering potential tax benefits.

Velory supports salary deduction schemes and displays clear pricing for employees during checkout.

Allowing employees to select and request devices themselves within company-defined boundaries.

Reduces IT workload and speeds up onboarding.

With Velory, employees shop from a curated store, see what’s covered by their budget, and place orders within policy — all self-service.

Recording each device’s unique serial number for inventory, warranty, and support purposes.

Ensures precise asset tracking and simplifies audits, repairs, or end-of-life processes.

Velory automatically stores and tracks serial numbers for all devices, creating a clear link between assets and employees.