Asset management helps you save money by keeping track of all your available assets, assigning them to team members, and releasing them when their tasks are complete.
Identify and categorise assets such as mobile phones, computers, and accessories.
Enter all of your assets, save the purchase invoice, and produce a barcode to attach to each asset.
Handle all requests for assets that have been made by employees, and either give them assets or free up assets that have already been given out.
Don't know how many assets the company has, and warranty verification is difficult when assets aren't working.
Lack of effective system to track employee assets and release
Lack of good asset tracking and release system for employees
No asset lifecycle history.
Why Asset Management?
An asset management solution offers several benefits to a company, including:
Improved asset visibility: An asset management solution provides a centralized repository for all of a company's assets, making it easier to track and monitor them.
Enhanced security: An asset management solution can help secure assets by controlling who has access to them and tracking who has made changes.
Increased efficiency: An asset management solution can automate many manual processes, such as asset tracking and maintenance scheduling, to increase efficiency.
Better decision-making: An asset management solution can provide real-time data and insights into a company's assets, allowing for more informed decision-making.
Reduced costs: An asset management solution can help a company optimize its asset utilization and reduce costs associated with lost or damaged assets.
Increased accuracy: An asset management solution can eliminate errors and discrepancies associated with manual asset tracking processes, increasing the accuracy of a company's asset data.
Impact of not using Asset Management Solution
Not using an asset management solution can result in several drawbacks, including:
Poor asset visibility: Without an asset management solution, it can be difficult to track and monitor a company's assets, leading to lost or misplaced assets.
Inefficient processes: Without an asset management solution, manual processes such as asset tracking and maintenance scheduling can be time-consuming and prone to errors.
Lack of real-time data: Without an asset management solution, a company may lack real-time data and insights into its assets, which can hinder informed decision-making.
Increased costs: Without an asset management solution, a company may experience higher costs associated with lost or damaged assets, as well as inefficiencies in its asset utilization.
Inaccurate asset data: Without an asset management solution, a company may struggle with errors and discrepancies in its asset data, which can impact the accuracy of its information.
Limited security: Without an asset management solution, a company may lack the controls necessary to secure its assets, which can put sensitive information and equipment at risk.