March, 2017
The Different Ways of Fixed Assets Inventory
Fixed Assets are considered to be a company’s largest investment, which demands a structured and well-planned form of management and monitoring. Indeed, large businesses pay a great deal of attention to these fixed assets as they are the base of their production process. There are three ways to conduct the fixed assets [...]
Do I need a Fixed Assets Management System?
In such a hectic world, managing fixed assets is more of a challenge than a business process. As businesses grow, so does its fixed assets and with it comes a great responsibility. Managing and tracking fixed assets is a delicate process and any error can be extremely costly. So, you’re wondering if you need a fixed assets [...]
The Myth of Using Barcodes in Managing Fixed Assets
Huge businesses all over the world have been integrating new ways and technologies to manage their substantial amounts of fixed assets. Basically, fixed assets management is an accounting process that intends to track and manage fixed assets for financial purposes, preventive maintenance, reducing costs, theft deterrence etc.. [...]
The Cost of Using Spreadsheets on Fixed Assets Management
Ever since the dawn of the modern business, spreadsheets on Excel were the main method to keep track of fixed assets in a company. This, indeed, might work at the very beginning of the business, but as the business grows, the manual entry involved will inevitably lead to countless errors. In such a hectic environment, companies [...]
Your Slaying Secret Weapon to Optimize Business Processes
Ever since the dawn of humanity, people have always had the tendency to improve themselves and the way they’re living in general. They have always sought new ways to out-stand and become a better version of themselves and enhance their community at the same time. Indeed, when we talk about organizations, we have to involve [...]