10 Reasons Your Organization Needs An Asset Management Systems An asset management systems is a platform that helps your company monitor your assets such as investments, equipment, properties, and even vehicles. Contrary to common misconceptions, this kind of strategy not only works for companies that mainly rely on assets such as those in the real…
What Does Digital Asset Management Software Do? Digital Asset management software consolidates asset data from all departments, so you always have real-time information for effective decision-making. Here are a few examples of what asset management solutions can do for you: 1. Facilitates effective decision making Say you’ve purchased ten computers with an equivalent feature set.…
1. Determine a reliable person or team to be responsible for your assets You may have a lot of things in your business to think about. You can’t control every single element of your business, particularly the management of your assets. Therefore, you should determine a person that you can trust and rely on to…
Major Risks of not using Asset Tracking System in your Organization. It may be argued that a small size organization may not need an Asset Tracking System as long as they have only a few assets in operation. However, if there is a large volume of assets, the situation is not the same. Without asset…
How Fixed Asset Management Software Can Help Food & Beverages Industry? Most of us have eaten at leading restaurants. Things look so calm and controlled, people are relaxed and enjoying their food and drinks. However, that’s the front face of the restaurant. At the back, workers and chefs are busy preparing food. It’s a beehive…
Manual asset management and tracking of thousands of assets in a company is expensive, takes lots of time & effort, and still prone to error! Manual asset tracking methods are dis-organized especially when there are a lot of assets. We might know what are the advantages of asset management & how beneficial asset management can be! But what happens when an organization…
The Main Audit Procedures to Verify the Fixed Assets The fixed asset audit procedures are for those assets that are expected to last more than just a year such as land, buildings, assets, and equipment. Fixed assets are primary resources for the business. Asset audit is necessary to do once a year to update all…
How Fixed Asset Management Software Can Be Utilized to Avoid Disaster? A natural disaster can occur anytime anywhere in the world and most of the time they are inevitable. These disasters can damage human lives, transport, property, etc. Other than natural disaster there is a man-made disaster as well, which are more harmful to human…
Big businesses need to operate and maintain a huge quantum of assets to continue their activity, whether these are IT assets, plant equipment, machines, or regular consumables/inventories. Assets are thus required to run the business. The real issue is when it comes to growing the business. The answer is actionable data, intelligent information, and analytical…
Is keeping track of your assets getting more complicated every day? If your answer is yes then, you have landed on the right page. Because there is a simple & effective way to keep track & manage all of your assets without any problem. The check-in check-out software allows you to maintain records in a…
