Why Asset Tagging is one of the key elements for the successful business?
Friday, 01 March 2019
Asset tags are the unique identification tags, which have entire information about the particular asset. All fixed and movable assets such as machinery, IT hardware assets,furniture can be tagged. Asset tagging performs a vital role in the process of asset management. Because, it is not only the printed label to highlight the asset name, user
- Published in News
No Comments
How asset tracking software can help in audit preparation?
Friday, 15 February 2019
Nowadays audit preparation will be a complex process with the increasing regulations. It will be hectic, if you don’t have the right audit preparation. When coming to the right audit preparation, it includes maintaining complete, accurate, and up-to-date asset records from the beginning of the financial year. Therefore, here are some of the reasons, why
- Published in IT Asset Management, News
Fixed Asset Auditing Procedures
Monday, 14 January 2019
The fixed asset auditing procedure is for those assets, which expected to last more than one year, such as land, buildings, and equipment. If you are not having updated record for your fixed assets. Fixed asset audit need to done once in a year. First of all ,fixed assets are the primary resource for the
- Published in IT Asset Management, News, Technology, Technology Tips
Clean up the unwanted assets of your organization for this New Year
Thursday, 27 December 2018
Asset Life cycle Management is the process of optimizing the profit generated by assets throughout its life cycle. Clean up the unwanted assets. One of the biggest and most celebrated festivals is New Year. New Year remarks goodwill and prosperity and this is the time for lights and decorations. Though there is different kind of
- Published in News
Compliance Management
Wednesday, 12 December 2018
Compliance Management is the process of ensuring the given legislation and standard of an organization. Compliance management is not a single form. Some of them are Internal and external standards, policies, third-party audits, security controls and technological enforcement. If an organization failed to comply with these laws and standards, then it would lead to loss
- Published in News, Technology Tips
Asset Management firms in Maintenance and Renewal process – Survey
Friday, 30 November 2018
Every piece of software needs maintenance. The more complex software, the more maintenance required. Especially efficient Asset Management tools. Because most of the companies waste their money on software maintenance and renewal spend without proper intelligent planning and execution. Here is the Asset Management firms in maintenance and renewal process survey results. According to the
- Published in News
Top 6 ways to save money with ITM
Wednesday, 28 November 2018
Nowadays Asset Management is one of the difficult processes due to the increasing size of the organization, employee turnover, software compliance, lack of standards etc. But still, most of the companies are not really ready to go with the latest Asset Management Software’s because of the expensiveness. IT Asset Management Software(ITM) is a cloud-based application,
- Published in IT Asset Management, Technology Tips
How Procurement Management can help in saving Money?
Sunday, 25 November 2018
Procurement Management is one form of management, where goods and services are acquired from a different organization. In a simple form, it is the process of physically buying a product or service. Is there any special reason to use this form of management to acquire goods and services? Yes, Procurement management is known to help
- Published in IT Asset Management, Technology Tips
Physical Asset Verification and Auditing
Saturday, 24 November 2018
Why Physical Asset Auditing is required? All private and public entities are required to conduct a physical Asset Auditing at the end of every financial year. Because an auditor required to report whether the company is maintaining proper records of assets and these assets have been physically verifying by the management at reasonable intervals. Objectives Statutory Compliance
- Published in News
New innovation in Laptop 2017
Sunday, 08 January 2017
New innovation in Laptop New innovation in laptop which looks promising in 2017 featuring 3 screen laptop and touch screen for Apple lovers. 1. Touchscreen MacBook 2016 AirBar is now available for MacBook Air 13-inch models. The innovative gadget, which was named an Innovation Awards Honoree at the CES 2017 expo in Las Vegas, brings
- Published in Technology Tips