It's been doing a lot for us, especially with third-party software patching and scheduling. We create multiple projects for monthly patch distribution and manage it all well.
When it comes to Ivanti Patch for endpoints, I find peer-to-peer patching valuable. Having a peer-to-peer patching capability is highly beneficial for us.
The major challenges are macOS updates, patching, and backups.
And for drawbacks, I wish Patch management was cloud-based instead of hosted on our own server.