Why Asset Management Solutions are the Secret Ingredient

Asset Management Company

As your business has begun to thrive, or have perhaps grown larger than ever expected, it is probably becoming more and more difficult to keep track of all of your assets. This would be the opportune time to look into the various asset management solutions available for your company.

How does Asset Management Benefit the Company?

Even if your company seems to be doing very well and getting by without additional asset management solutions, it is still important to consider what asset management can do for your company.

Reduce Costs

This may come as a surprise but believe it or not, specific solutions can actually help to lower the costs of your business. By gaining better financial control you will be more on top of what your company needs and can better plan and budget for the future. This can be particularly helpful with software support and upgrades. Everyone knows how costly programs can get but with the right budgeting your company can upgrade without taking such a huge hit.

Security

If you have a large company it can be exceedingly difficult to keep track of what every single one of your employees is doing. Even if you only employ a few individuals it is impossible to watch them all the time. When you’re not looking they could be installing or downloading unauthorized files and software that can harm your systems. With the right asset management solutions you can minimize and completely eliminate the threat.

License Compliance

This may seem minimal to some businesses but it can be extremely important should surprise audits take place. License compliance can ensure a company only receives properly licensed software.

Inventory

One of the great ways that asset management solutions work is to help you manage your inventory. Some of the ways that asset management can work with inventory is to combine all of your IT assets, contract management, and systems management so that there is a central hub for the management of all computers within the organization.

Reduced IT Support

IT support is extremely important but it can also add up quickly. Asset management software can cut down on the number is IT specialist you need as it can bundle many of your IT jobs into a more centralized and easy to use location. Additionally, as asset management solutions also cover security there is simply less for your IT specialists to fix.

Quick Access

Asset management software can aid all of you IT needs by allowing you to quickly see accurate information regarding the companies It assets, where they are being used, whom is using them, how often they’re used, and if your company has a valid license for use. Additionally you can also quickly locate the financial attributes of the assets and see if the assets were purchased or leased, what the cost of acquisition was, if maintenance is paid, when the contract expires, if the asset is depreciated, and the financial impact if more are needed or if the company wishes to consolidate. With the proper asset management solutions all of this data and more can be found in one easy location. This will save your IT staff precious time and energy, as well as money, in the long run. They’ll surely be thanking you in no time.

Asset Management Solutions

Once you start researching asset management solutions you’ll find that there are a wide variety of options. You’ll find RFID technology that can scan barcodes to keep track of your physical inventory. RFID does require that an infrastructure be set up prior to use but once installed this is an easy way to keep track of your product. In addition to the RFID technology there are handheld computers that can work in conjunction with the barcodes. These are devices commonly seen in department stores. Small computers that can scan barcodes while on the sales floor. They can search inventory and oftentimes work in conjunction with other devices. There are also high end versions that can second as a cell phone capable of making and receiving customer calls, uploading and forwarding routing maps, and sending electronic data to headquarters.

In the end the device you select will be in direct relation to the needs of your specific business. Whether you need IT software management, or sales floor RFID technology, asset management solutions will improve your business.

To schedule a free demo to see if your company can benefit from asset management. Contact MSA Systems today.

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