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 is a Web Based Asset Tracking and how does it work? Knowing “how many assets do I have right now” is the puzzle that web based asset tracking system solves. Sounds simple and like something that you can trust the human mind to do but here is why you thought wrong. Asset tracking is basically…
10 Best reasons why you need an Fixed Asset Tracking Software The urge to smoothly run a business, offer top notch customer service and reduce the losses is what every company wants. Some organizations are not aware of; how many assets they own, how many go unmaintained and what losses they incur unknowingly. Fixed asset…
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…
Best Fixed Asset Management Software of 2021 Our fixed asset management software reviews are the result of over 40 hours of research on 80+ fixed asset management software companies from across the web. These reviews and our fixed asset management software guide help small businesses and start-ups find the best fixed asset management software for…
Major Risks of not using Asset Tracking System in your Organisation. 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…
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 of activity there. The kitchen environment can be tense during rush…
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 is not equipped with asset management software! As per Wikipedia, “Asset management is a systematic process of developing, operating, maintaining, upgrading, and…
Today asset audit preparation has become a complex process with increased regulations. It is more hectic than before if you are not prepared with the right audit processes and procedures. Asset audit software helps when it comes to the right audit preparation as it includes complete maintenance, accuracy, and up-to-date asset records (from the beginning of the financial year).…
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 the records of assets in a proper manner. If there is no track and…
