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Showing posts from April, 2021

Seven Ways Asset Infinity Can Help Any Enterprise Business

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  Enterprise has assets in abundance & when asset management is the main concern, you cannot rely on manual process. You will end up with no inventory in stock, assets misplacement, assets failure, and so on. To avoid these issues, asset management software can be a very effective solution. In the next few years, lots of organizations will be using asset management software for the effective handling of assets. According to the  Grand View Research , “The global asset management market size was valued at USD 216.98 billion in 2019. It is expected to expand at a compound annual growth rate (CAGR) of 25.9% from 2020 to 2027.” Also Read:  Powerful Asset Management Features Provided by Asset Infinity How Does Asset Infinity Help? Asset Infinity is one of the leading organizations that provides  asset management solutions  to enterprises. Here are the main reasons how Asset Infinity helps any enterprise businesses. 1. Asset Tracking and Lifecycle Management Organizations have a lot of a

Why Should I Use an Asset Tracking System If I Already Have Fixed Asset Accounting in My ERP?

  It is evident that most organizations face significant challenges related to tracking of assets, their quantity, condition at present and the depreciated status of the assets. This job is primarily done with the help of spreadsheets keeping records and maintaining a   fixed asset register   (FAR) or an ERP system. Periodical physical verification is the only method that is being used to update the records accurately, which in itself involves a lot of effort and ambivalent processes. The organizations are aware of the criticality of the aspect that accurate estimation of the fixed asset inventory can only guarantee the precise and reliable fixed asset accounting. However, the task of maintaining a physical inventory register for fixed assets can be really daunting. Budget restrictions and lack of readily available systems are the other reasons – why organization start with the orthodox and rudimentary  asset tracking methods . How Is Asset Tracking System Designed? The challenges are

Powerful Asset Management Features Provided by Asset Infinity

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  What is Asset Infinity? Asset Infinity is one of the leading companies which provide asset tracking and  asset management software  across the world. It enables you to manage your assets and handle inventory stock without any problem. Beyond asset tracking and asset management, Asset Infinity software offers  depreciation tracking ,  maintenance management , inventory and complaint management, utility monitoring, audit reports, and other  asset infinity features . This software centralizes all the information which makes it easy to collect data. It assists you in making well-informed business decisions. So, let start the discussion in detail. Also Read:  Leading Attributes of Asset Management Software in 2021 Asset Infinity Features for Asset Management & Tracking 1. Asset Tracking Asset Tagging  –  Asset tagging  is done for the purpose of asset management. It is achieved via several  asset tracking techniques  such as RFID, Barcode, QR Code, GPS, etc. Once an asset tag is scann

Essential Features to Look for in Equipment Tracking Software

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Equipment tracking software is important especially when you have hundreds of pieces of equipment. When you have a lot of equipment it becomes hard to keep track of them. These types of equipment need to be maintained if you want them to perform well so that their performance is not compromised. It does not matter in which sector you do business, if you have these types of equipment then you will need equipment tracking software! What Is Equipment Tracking Software? Equipment tracking software  is used for tracking equipment in an automated way. All industries are equipped with a lot of pieces of equipment. These pieces of equipment need maintenance at regular intervals so that their performance is not compromised. Sometimes equipment locations are changed and they are forgotten and that is how they are lost or misplaced. But with the equipment tracking software, you can keep track of equipment & in that way you will never lose track of equipment, and more importantly, equipment th