Asset Management System is used to keep track of the equipment and inventory vital for day-to-day operation of your businesses. Modern businesses rely heavily on physical assets to sustain effectively. Asset management process also helps businesses derive more value from an asset and achieve business goals.
Assets can be centrally located or broadly distributed. They can be fixed, moveable or even mobile. They can be moved to new areas, supplanted, swapped and evacuated for repairs. Moreover, assets can be mechanical, electrical or civil. A large enterprise may have thousands of individually numbered assets performing one function in a process of many functions Therefore proper asset management is key to produce quality goods and services.
Asset management software helps with this task by maintaining a record of all the assets you need to screen. It can hold data like their service schedules, upkeep records, depreciated value and schedule for replacement. The software can be set to trigger notices for any of these occasions, so you keep up general cycles of repair and reestablishment. It tracks where your assets are, what state they are in, and who they are at present assigned to. This application has the devices required for an entrepreneur who needs to get their fixed assets under control or a book-keeper who needs to reduce the time that it takes to track your organization's asset inventory.
- Keeps a track of all your equipment and inventory vital for day to day operations
- It can trigger notices for repair, service or replacement by monitoring equipment condition
- Provide real time asset tracking
- Provide better utilization of equipment
