Business Description
Leading asset tracking solutions provider offering all of the software, hardware, and asset tags required to build an asset management system. Asset management is a comprehensive solution that handles the entire lifecycle of assets, from purchase to retirement. It provides total visibility into asset movement and asset health. This assists in taking proactive Maintenance calls in order to help extend the life of the asset and save the business a lot of money.Fixed asset management software is an accounting procedure that tries to track fixed assets for financial accounting, preventive maintenance, and theft prevention. Tracking the location, number, condition, maintenance, and depreciation status of fixed assets is a significant task for organizations. The primary issues of asset management/finance departments are managing, tracking, and calculating the depreciation cost of fixed assets and posting it into the financial accounting system from the time assets are created until they are retired, scrapped, or sold. An organization’s Fixed Assets are a vital facilitator of the whole company function, and as such, their importance cannot be overstated. The traditional techniques of managing fixed assets are only manual; there is a lot of paperwork involved. This is labor-intensive and prone to mistakes in asset retrieval and tracking
