The world over, very few asset managers are more concerned with proper asset management practices or finding the right asset management tools to track fixed assets for the purposes of financial accounting.
In any given business or organization only two asset management extremes can be attained, and these are proper asset management practices and poor asset management practices. But like a hunter, you have to learn how to hunt and never leave it to probability in order to make a good kill.
Asset management, broadly defined, refers to any system whereby things that are of value to an entity or group are monitored and maintained.
May this article help you understand the disadvantage of using a spreadsheet for asset control? Indeed, the very fact that you are reading this article suggests that you want to get off your spreadsheets or out of an out dated asset management software to make your life of fixed asset accounting enjoyable.
Firstly, spreadsheets lack audit trials and asset history tracking, secondly, your spreadsheet has no robust reporting unless you are a genius in spreadsheet manipulation.
Thirdly, you can not attach any other information on your fixed assets and most importantly, is the failure to integrate with other fixed asset solutions such as handheld computers.
Asset management software is the fastest way to manage fixed assets. Asset management software intergrates best asset tracking practices. Today, fixed asset managers in leading organizations depend on asset software to track everything from laptops and computer equipment to furniture and vehicles.
About the Author:
Fixed Asset Consultant at Prosperity Agencies Limited with over 10 years practical experience in physical verification, bar-coding of assets and fixed asset software implementation +260 211 239859
Let's Get Connected: Linkedin | Facebook | Google Plus
Great explanation on asset management. a lot of beginners will find this very informative.
Thank you for the compliment. am greatly humbled
I think this article will fully complement you. Please continue publishing helpful topics like this. Regards, from Asset Management Software
Asset Tracking Software
Property Maintenance Software
I am not sure the place you are getting your information, however good topic. I needs to spend some time studying more or understanding more. Thank you for wonderful information I was in search of this info for my mission.
Asset Tracking Software
Asset Management Software India
Asset Management Software Chennai
Now it is known to me that articles is nothing but inspiring is everything to do something great. This is a great article for the people who want to come in freelancing.
Asset Management Software
Asset Tracking Software
Asset Management Software India
Asset Management Software Chennai
Thank you for taking the time to provide us with your valuable information. We strive to provide our candidates with excellent care.As always, we appreciate your confidence and trust in us.
Asset Management Software
Asset Tracking Software
Asset Management Software India
Asset Management Software Chennai
I’m not sure where you’re getting your information, but good topic. I need to spend some time learning more or understanding more. Thanks for fantastic info I was looking for this information for my mission.
Asset Management Software
Asset Tracking Software
Asset Management Software India
Asset Management Software Chennai
Post a Comment