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Pages – Blog Posts

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Top 10 benefits of asset management software in your business

Keeping track of accurate asset register is a major task for all the companies of the industry. It is important for a business to manage its assets efficiently to get the maximum possible returns. Asset management software provides significant information like Assets count, current status, location and the asset owner. But spreadsheets can also provide
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Benefits of implementing Asset Tracking Software

Asset tracking is the process of tracking asset movements by using various technologies to collect important information about the entire organizational assets. The efficiency of the system totally depends upon the method used. The same can achieve by choosing the right asset management software. Here is some points to consider prior to select the asset
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Why Asset Tagging is one of the key elements for the successful business?

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
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How asset management software can help in audit?

Auditing will be more challenge if an organization don’t have the right preparation. When coming to the right audit preparation, you have to maintain complete, accurate, and up-to-date fixed asset records from the beginning of every financial year. Right audit preparation does not begin from the previous one or two months. Do you know that the
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Fixed Asset Auditing Procedures

ITM Services, Fixed Asset Auditing & Asset Management Compliance
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
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Clean up the unwanted assets of your organization for this New Year

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
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Compliance Management

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
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Asset Management firms in Maintenance and Renewal process – Survey

Every piece of software needs maintenance. The more complex software, the more maintenance. Most of the companies waste their money on software maintenance and renewal spend without proper intelligent planning and execution. According to the Forrester Global Tech Market Outlook 2018-2019, an estimated value of software market to be worth $688BN in 2018, of which
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Top 6 ways to save money with ITM

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,
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How Procurement Management can help in saving Money?

ITM services
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
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