POSTS TAGGED : asset management

What is Asset Management in Local Government?

If you work for local government, you know how difficult it can be to meet the needs of everyone in your community. There are many things the local government takes care of for regular citizens with our tax dollars, but some of the most important things are municipal assets.

Government worker working on electricity

Image Credit: Pexels

What are these “assets” and what is the best way for our local government to manage and maintain our municipal resources? Here’s how it works.

What are assets?

When we talk about assets in the context of municipal resources, we’re referring to the services provided for us by our municipality in order for us to live our daily lives, often funded by taxpayer dollars.…

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3 Ways Asset Tracking Efficiently Helps Your Business Get More Done

RFID tracking and QR tracking tags are two forms of technologies that make it easier and more time-efficient for tracking assets. Why is managing your assets efficiently, via automated processes and management software, instrumental in optimising the facility’s workday?

Asset tracking

If you have a few minutes to spare, I’d like to share a few ways with you about how asset tracking systems benefit your facility and organisation’s bottom-line income and profits (Not to mention making your workers’ lives easier.)

1. Keeping The Books Straight

Proper accounting (known as ‘balancing the books’). Whether you’re tracking digital assets, physical or intangible assets, having accurate books (in the hands of skilled accountants) is paramount for ensuring projects are completed on time.…

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Down with Downtime: Best Practices for Proper IT Asset Tracking and Management

Effective asset tracking is crucial to building a more profitable organization. Investing in asset management software is a good first step, but there are also several strategies you can implement that will ensure a smooth implementation of your asset tracking system.

Asset tracking

From organizing your existing inventory to streamlining warehouse processes, the tips below will help you get the most value from your asset management solution.

Use an Automated Inventory Solution

Automated solutions for inventory management offer several advantages over manual systems, from shorter fulfillment cycles to reduced helpdesk operating costs. Switching from a manual process to an automated one also boosts employee productivity and allows you to track vendor data so you can take advantage of savings.…

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Asset Management Services: What They Are and How Your Business Can Benefit

More and more businesses are outsourcing the management of assets and in the process allowing other companies to take care of and manage investments and resources. This relieves a lot of stress and increases productivity while saving money. A win, win!

Asset management

Are you wondering, what are asset management services? This is a simple yet complex answer. Asset management is the systematic process of operating, positioning, maintaining, improving or disposing of assets in a cost effective manner. Which means, having a professional organisation take care of your tangible and intangible assets for a fee or fixed price.

According to Investopedia, asset management is usually provided by a financial services company like an investment bank.…

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