Monday 9 January 2023

What is the role of Asset Management Solution in your organization?

 In any organization whether big or small an asset management solution is required to easily keep track of Assets. Asset management solutions can create asset categories like fixed assets, dynamic assets, consumables, inventory, etc. to track the asset easily.

The asset management system will have various components including PDA devices with NFC or barcode scanners, barcode printers, etc. so that the users can tag the asset easily in the organization.

Why is Asset management required in every company?

Ø  To keep track of any asset easily

Ø  To make sure optimum utilization of assets

Ø  Track depreciation of fixed assets

Ø  Easy integration with ERP software

Ø  An asset management system can help the accounts to reduce the cost of inventory significantly.

Ø  Easy movement of assets inside the organization

Ø  To track the assets outside the organization

Ø  Tagging of assets with NFC, UHF tag, etc. so that easy to find out

 

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