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Use cases/Loan & returns
Use case · loan & returns

Borrow it. Use it. Return it. Without a desk-side handoff.

Smart Collect® turns temporary equipment lending into a closed-loop ServiceNow workflow. Configurable loan periods. Automated reminder emails. Returns drop into the same locker that issued the equipment. Audit chain intact from check-out to check-in.

SMART LOCKER One locker, full loop STEP 1 Borrow STEP 2 Use STEP 3 Remind STEP 4 Return
The problem

The borrow is easy. The return is where it all falls apart.

Most enterprise IT teams have a workable lending process. Few have a workable return process. The cost shows up in three places — and grows quietly every quarter.

The employee

Borrows a travel laptop. Three weeks later, can't remember who to give it back to. Tries once, gets no answer, keeps it in a drawer "until somebody asks." Nobody asks.

The IT team

Loses track of who has what. Spreadsheet drift sets in. Manual chase emails fail. Some loaned devices are never seen again. The asset register and reality stop matching.

The finance team

Writes off "missing" loan devices every quarter. Buys replacement inventory for kit that's actually sitting in someone's drawer. Closes the books knowing the numbers aren't quite right.

How it works

Closed-loop lending, end to end inside ServiceNow.

Smart Collect® treats the loan as a single ticket that tracks the equipment from check-out to check-in. The reminder cadence and return mechanics run automatically.

Employee requests a loan

Standard ServiceNow request with configurable loan period — one day, one week, one month, project duration. The loan policy lives in your existing approval rules; Smart Collect® inherits them.

Actor: Employee · ServiceNow
Smart Collect® issues a code

Loan code sent to the employee's ServiceNow-registered email. Loan period clock starts on collection. Asset record updated to "on loan" against the employee's identity.

Actor: Smart Collect® · ServiceNow
Reminder emails fire

Configurable reminder cadence — seven days before, two days before, day of return. Optional extension-request flow that re-runs through the same approval rules. No manual chase emails from IT.

Actor: Smart Collect® · Email
Return drops into the same locker

Employee scans return code, drops device, locker confirms, asset state updates to "available". The ticket auto-closes. Stock returns to the active pool. Audit chain intact from check-out to check-in.

Actor: Employee · Smart Lockers
Form factors involved

Lockers do the full loop. Vending for short-stay accessories. Kiosks for extensions.

Loan and returns is a Smart Locker–led workflow. The single locker that issued the device is also the one that takes it back.

Smart Lockers · primary

One locker, full lend-and-return loop.

The same physical locker compartment can lend and receive the same device — Smart Collect® tracks the state in ServiceNow, so the locker just does what it's told. Audit chain stays intact.

  • Travel laptops & field-engineer kit
  • Demo devices & trial hardware
  • Project laptops for short-term programmes
  • Visitor / contractor equipment
Smart Lockers
Smart Vending · short stays

For the borrow-for-a-meeting accessory.

Visitor headsets, USB hubs for a single conference room booking, a presenter clicker for an off-site session. Vending machines handle short-stay lends where the asset register doesn't need to flag a multi-day check-out.

  • Visitor headsets & presenter tools
  • Conference-room hubs & cables
  • Single-meeting accessories
  • Same-day borrow-and-return items
Smart Vending
Smart Kiosks · extensions

For the "can I keep it another week?"

When an employee needs to extend a loan, change devices mid-loan, or escalate a return issue, the Smart Kiosk connects them to remote IT — who can adjust the loan record in ServiceNow on the spot.

  • Loan extension requests
  • Mid-loan device changes
  • Return-issue escalation
  • Damaged-device handover assistance
Smart Kiosks
What you should expect

Less chasing. Less shrinkage. Less write-off.

Where Velocity customers measured before-and-after on loan-and-returns, the pattern looks like this.

90%
Staff time recovered on equipment returns — measured by Velocity's US university customer, the strongest loan-and-returns evidence in the bank.
90%
Loss reduction on shared equipment — measured by Velocity's national-utilities customer.
Configurable
Loan periods & reminder cadence — set per asset type, per role, per project. Inherits your existing approval rules.
100%
Audit chain — check-out to check-in tracked end-to-end in ServiceNow, against a named record.
PRE-AI: These outcomes were delivered with traditional Smart Collect® workflows — before AI was driving the workflow. As Now Assist matures, loan-extension requests, mid-loan device swaps and return reminders all resolve through the agent end-to-end.
Ready to scope this for your environment?

How many loaned devices do you currently lose every quarter?

A 60-minute discovery workshop with a Velocity ServiceNow architect maps your current loan-and-returns process, sizes the locker footprint for your borrow volume, and identifies the operational baseline you'll measure improvement against.