Business People Club

Asset Management Software guide

0 like 0 dislike
191 views
by Titank
Asset management is the need of the hour. Any business dealing in manufacturing, distribution, physical sales, office or call center work has some physical and non-physical assets. The technique of choosing the appropriate equipment for a particular job, keep it functioning as long as possible and replacing it in a systematic way is the key to good management.

Today assets can be the means to some wonderful and lucrative ends. So asset management is no less than an art and can be stated as a comprehensive and structured approach to the long-term management of assets as tools for the efficient and effective delivery of community benefits.

Managing one’s assets requires firstly an identification of need for the asset in accordance with the community requirements. Secondly you have to see the provision of the asset including its current maintenance and rehabilitation as per your needs. Third is the operation of the asset while the fourth is the disposal of the asset when it is no longer needed or beneficial in any way.

Due to a surge in the involvement of people in asset management task, various companies have come up with asset management software. Asset management software maintains a record of all the assets you wish to monitor. It is designed to manage assets, contracts, purchases and vendors at an economical price. Asset management software keeps a record of hardware, licenses, leasing information and so forth. It also guides as to which new equipment needs to be purchased, the quantity of equipment owned and when leases are up.

Asset management software is of a great use. There are quite a few benefits of implementing an asset management software solution. For instance the asset management allows the automation of processes rather than manually creating paper trails that can be torn or lost, it also tracks your company’s software assets and licenses, provides management reports on companies assets, track company leases and hardware material, minimizes the expense especially by reducing the total ownership cost and serves as a user interface for the people to track their assets. The asset management software also integrates with incident and problem management, change and configuration management, service level management and other related Business Service Management processes straight out of the box.

There are three different kinds of asset management software-

a)    Inquisitive- software is designed to interrogate or query the IT systems and identifies hardware configurations or peripherals or operating system and other software.

b)    Repository- software organizes the collected data and stores it to allow an easy access for reporting and analysis.

c)    Automated data collection type of asset management software tracks, records accurate data in time.

The asset management software comes in different packages. While choosing such a software package check out the functionality you need or the kind of task that you want the software to perform. Then take a look at the price and benefit of the package over the others. Also consider the package from the number of users perspective. Here you should bear in mind the overwriting risk of multiple users having the same files open at a given time. You should also know what is the scalability of the software, that can it cater to new avenues in countries other than your own and last but not the least you must find out if the software works with ITIL best practices.

Your comment

Your name to display :
Privacy: Your email address will only be used for sending these notifications.
Anti-spam verification:
To avoid this verification in future, please log in or register.

Related posts

0 like 0 dislike
0 comments 1,496 views
Asset management journal guide

Diligently managed assets of a business organization can make a lot of difference in its profit percentages. Judicious control over all tangible and intangible assets of a company makes sure that there are no leaking funds in the organization and all assets are utilized at maximum capacity. An ... judgment about whether the concern should buy an asset or should lease it depends on information provided by the asset manger of the company.

by SilkPredator
0 like 0 dislike
1 Comment 327 views
0 like 0 dislike
0 comments 198 views
Project Management - Dealing With Information Overload

You probably are aware by now how critical project management is for your bottom line. Organizations all over are tuning in to the effect of project management to meet it's defects in the face of astronomical demands posed by the digital age. Right now professionals are required to perpetually learn ... and learn tricks of the trade that will literally save you hundreds upon hundreds of hours of time through learning by way of trial and error.

by Knighthawk
0 like 0 dislike
0 comments 163 views
Achieving Cash Flow Management Through Accounts Receivable Factoring

Accounts receivable factoring is another mode of receivables management and working capital funding to eventually increase the cash flow. Accounts receivable factoring involves buying and selling of accounts receivables in order to obtain immediate cash or working capital. Accounts receivable factoring ... factoring. They help the business owners to manage their collections, payments, generating more cash and managing their cash inflow process.

by AfternoonFay
0 like 0 dislike
0 comments 911 views
Advantages Of Outsourcing Infrastructure Management Services

Managing vital operational components, such as policies, processes, equipment, data, human resources, and external contacts, for a far-reaching effectiveness of an organization's information technology essentially constitutes infrastructure management services. Effective infrastructure management ... . By automating corrective actions, IT organizations decrease problem resolution time and improve system availability and reduce downtime.

by PerfumedNecromancer
0 like 0 dislike
1 Comment 275 views
How Does Human Resource Management in the Workspace Effect Me?

How Does Human Resource Management in the Workspace Effect Me?

by PositiveVoid
0 like 0 dislike
1 Comment 264 views
Can A Learning Management System Help Your Business?

Can A Learning Management System Help Your Business?

by GroundHurricane
0 like 0 dislike
0 comments 298 views
Guide to business and data trends

If one factor is to be named on which today's business world stands it is undoubtedly the data management system of organization. The significance of data captures and interpretation is such that many make and break of most business organizations and big corporate houses depend on ... the extra costs incurred in beginning for implying protection against anticipated data loss are worth being considered for long term gains of business houses

by Explorer
0 like 0 dislike
0 comments 79 views
Choosing a software application resource

"Use the right tool for the job" is a good motto for software sourcing. There are several options for software sourcing these days. In-house development, software packages, domestic outsourcing, offshore outsourcing, and application service providers (ASPs) are all possible sources for software applications. All have their place ... is to ignore the hype and focus on the job at hand. Then it's just a matter of using the right tool for the job.

by PositiveVoid
0 like 0 dislike
0 comments 75 views
Benefits of Custom Software Development

The closest relationship of a software company is with its client and to maintain a close knit relation, the company needs to understand as its utmost priority to implement and execute the client's requirement. At a stage when Business firms are striving to become unique achievers, a simple software package ... with a software that suits and is modified to the company's needs and preferences is a viable option or lets say is a customized option.

by OpinionOwl
0 like 0 dislike
0 comments 50 views
Anti Phishing Software

If you use the internet and have an email address, there is no doubt that you have received a fraudulent email asking you to verify your account information. Many criminals will pose as your bank or credit card company, and will ask for your information in order "verify" your account. In ... take the fundamental steps necessary to protect you and your family. Fraud is costly, and millions of dollars each year are lost due to internet fraud.

by SleepyFledgling
0 like 0 dislike
1 Comment 361 views
How to find an Inventory Software Solution that Fits Your Business Needs?

How to find an Inventory Software Solution that Fits Your Business Needs?

by Madept
0 like 0 dislike
1 Comment 224 views
How to outsource software development?

How to outsource software development?

by PlushSeal
0 like 0 dislike
1 Comment 350 views
How to Choose Right PC Diagnostic Software?

How to Choose Right PC Diagnostic Software?

by Caribooboo
0 like 0 dislike
1 Comment 241 views
How To Choose The Right Small Business Billing Software?

How To Choose The Right Small Business Billing Software?

by BeautifulWolf
0 like 0 dislike
1 Comment 303 views
Should i use email marketing software?

is it worth spending money for email marketing software?

by Knightmare
0 like 0 dislike
0 comments 56 views
A Guide To Free Screensavers

There are millions of Screensavers available on the Internet. Almost all of these can be downloaded and installed easily. These are usually categorized according to themes. Nature lovers can choose picturesque locations. Fish lovers can choose from different kinds of aquariums with multi-colored ... user to combine images, video clips and audio clips to create a personalized Screensaver, sometimes even for circulation amongst friends and family.

by GroundHurricane
0 like 0 dislike
0 comments 1,423 views
Equipments necessary for starting a business in the production of labels

The labels cover a large range of products for which they are destined, and this determines the existence of several types of label creation according to the type of printing used. From the point of view of the printing type used, the labels are of two types: self-adhesive labels which, ... which don't have a rectangular form, a tunnel puncher whose maximum dimension of processing must be chosen according to the target market that we refer to.

by FatKomodoDragon
0 like 0 dislike
0 comments 655 views
A Successful List Means Profit Increase

It is a tough world out there, especially in the world of cyberspace. The internet has brought with it many technological innovations, yet with it came along an influx of websites. The opportunities to make money online are there, but the competition is tough. The best option for survival is to have ... to what you have to offer. A more effective relationship is thereby built this way and your profits will start seeing their way to the sky.

by Butcherry
0 like 0 dislike
0 comments 1,222 views
17 Important Points To Consider Before You Hire A Law Marketing Consultant

As we fast approach the new year, many firms are preparing to launch their 2006 marketing efforts. If you're thinking about hiring a marketing specialist, make sure you consider these 17 key points. 1. Objective Advice. Consultants who are paid fees are more likely to give you unbiased advice than consultants ... you with at least 30 or 40 testimonials from other lawyers. If he provides only a few, you may be reading comments from his in-laws.

by PlaySeal
0 like 0 dislike
0 comments 1,402 views
Working At Home Is Great, But Requires Discipline

Choosing to have a home business is a great step towards achieving self-reliance and financial independence. But often times when people start working from home their level of productivity drops. Why is this and what can be done to change it? Most people's productivity at work is a direct reflection of ... takes consistency and drive just like any other job, but it can be a great experience. Start by making your to do list for tomorrow today.

by HarshThunder
0 like 0 dislike
0 comments 1,335 views
The Importance of Call Centre Staff

Most businesses invest fortunes in any way they think will make their company thrive, from advertising and brand management to environmentally and socially sound operations, but there is one aspect of that latter business trend that is of particular significance. While many consumers familiarize themselves with a ... a non-viable way of working, as staff members realize that they can earn more money, and be treated with more respect, elsewhere.

by Knighthawk
0 like 0 dislike
0 comments 1,072 views
Business – Strategy and Execution

Every company aims to formulate good strategy and execute that strategy well. But many times it is found that it was either good strategy, bad execution or bad strategy and good execution. Why and how to avoid this? Let us begin with what is a strategy? In simple terms, it means ... them with rewards if they manage to achieve the other part also. The synergy between the strategy makers and the executors will ultimately decide the final outcome.

by Scorpeon
0 like 0 dislike
0 comments 1,057 views
Plant a Seed and Watch Your Business Grow

Do you have all the business you could possibly want or need? If you're like me, you're still growing your business. Marketing is an ongoing item on my agenda, and I'm always looking for new ways to market my services. Where do you begin the process of attracting more business? How do you ... just may find new business knocking on your door instead of the other way around. Spring into action...and watch your business grow by leaps and bounds!

by nicejone
0 like 0 dislike
0 comments 394 views
Buying A Franchise

Buying a franchise can be a life changing experience. There are many good reasons to pursue your dream of owning a successful franchise. For starters when you buy a franchise you are buying a proven system. Buying a franchise comes with the advantage of knowing that the business has been ... the each opportunity before investing. It is recommended you sit down with a Franchise Consultant and decide if buying a franchise is right for you.

by AmazingKitty
0 like 0 dislike
0 comments 457 views
Build a strong business with strong customer relationships

Most businesses spent time attracting customers to a product or service, trying to win their trust and then ending the whole process with a sale. That tactic seems obvious to most people. What often is neglected is the post-sale follow up with customers, particularly when it comes to online businesses. ... perform. Treat your customers like your own family. Go out of your way to communicate with them. If you neglect them, they will go elsewhere.

image
by Cybora
0 like 0 dislike
0 comments 533 views
8 Ways to Avoid Litigation When You Sell a Business

Based on recent litigation storm clouds, business owners planning exit strategies better batten down their legal hatches. As a small business owner, your company most likely represents a significant portion of your net worth. That's why it's crucial not to let litigation wash it away when ... free transition. Take the time to recognize and act on the many opportunities you have to minimize your litigation risks and reap the benefits later.

image
by TwinNut
0 like 0 dislike
0 comments 251 views
4 Instant Tips for Running a Successful Internet Business

Running an internet business is not a difficult task; but running a successful internet business can be a bit more difficult. There are thousands of people that have their own online business, but many of them are not having any luck at all. If you want to be successful while running your ... on your way to running a successful internet business. Remember, anybody can run a business, but to be successful you will have to be determined.

image
by AfternoonFay
0 like 0 dislike
0 comments 284 views
5 Great Reasons To Hire A Telecommuter

How would you like to hire someone that is more motivated and more qualified to do the work and costs you less than your average employee? No, I am not talking about hiring someone illegally. You can accomplish this simply by employing a telecommuter. Let's take a look at ... position. Once you have experienced all the benefits a telecommuter brings to your organization, you may even consider converting even more positions to telecommuting.

by PlushSeal
0 like 0 dislike
0 comments 241 views
4 Reasons Why You Need Testimonials to Sell More

The other day I was writing a sales brochure for a West Coast manufacturer. As I got to what I'll call the proof section of the brochure, I was rummaging around for testimonials. The company already had a full-blown Web site and a solid PowerPoint presentation. So I was hopeful that I'd find ... buy from you for the first time. And once your prospects turn into new customers, the door to repeat sales swings wide open. (c) 2005 Neil Sagebiel

image
by HarmlessRose
0 like 0 dislike
0 comments 1,350 views
10 Incredible Ways To Sell Your Products Now

1. Make your reader visualize they have already bought your product in your ad. Tell them what results they have gotten and how it makes them feel. They'll already become emotionally attached before they buy. 2. Turn your ad into an article. It could be a story, or how-to article. This ... tips in your ad that will help them with their problem. This will give your business credibility and gain your readers trust to buy your products or services.

image
by Richard S.
0 like 0 dislike
0 comments 269 views
6 Tips for Keeping Your Cool When Customers Get Hot

1. Be assertive - not aggressive or passive. My definition of assertion is simple: "Say what you mean, mean what you say, and don't be mean when you say it." Let this rule guide your conversations with all customers and you will always be confident, cool, and in control AND you'll ... up all of your ammunition and won't usually diffuse an irate customer. These incredibly simple tips will position you to keep your cool when customers get hot!

image
by Slayerk
0 like 0 dislike
0 comments 218 views
9 Marketing Credos for a Thriving Business

1. Differentiate or Die! You Must Stand Out From the Pack. Don't become another me too option for your prospects to choose from. When you allow this to happen, you position yourself to compete only on price - a tough arena to play in. 2. You Are in Two Businesses... The ... a bread-winning marketing tactic. 9. Tap Into Viral Marketing! Get others promoting and selling for you. © 2005 Online Marketing Muscle -- All Rights Reserved.

image
by Octopixy
0 like 0 dislike
0 comments 284 views
7 Ways To Advertise Your Business For Free

. Free directories: directories are perfect for customers that are searching for a particular topic. What's great about them is that you only have to post once and they are good for long periods of time. It saves a lot of your time when you don't have to resubmit your information every week or ... . Only join groups with the same interests as yours. In other words, don't sign up for a recipe swapping group when you are advertising shaving cream.

image
by ShowDolphin
0 like 0 dislike
0 comments 415 views
10 Ways To Ensure Your Flyer Avoids The Bin

Flyers are an excellent marketing tool to promote a club night or event. They are commonly used for student promotions throughout the country. You want your flyers to travel all over town, only you'd probably prefer it wasn't in the dustcart or stuck to the bottom of someone's shoe. What steps ... the flyer yourself can maximise your budget. Your personal enthusiasm and a friendly face can work wonders. 10. Er, try not to stand near a bin.

image
by BeautifulWolf
0 like 0 dislike
0 comments 327 views
66 Ways To Promote Your product or Services

Some guru sells his program because he has 60 ways of marketing. One Dentist was asked about his marketing he said he had 100 ways and use them all. Well I came up with 66 so far. I will work on more sometime after tax season or you can email me with ones I might have missed. The true is you can ... .com if you would like me to explain any of these in a report that your interest in. It will be at least 2 pages with a lot of information.

image
by PositiveVoid
0 like 0 dislike
0 comments 1,367 views
7 Points In Finding A Home Business

There is so much information online it's amazing. You find something that interests you and you request information and then you are never there. Is it that you are bombarded with calls and emails? Is it that you clicked on something but don't remember? Is it that you were in a ... taking the time to read this over. I hope you have learned something and I hope you use this information to find what you are looking for, freedom.

image
by OpinionOwl
0 like 0 dislike
0 comments 218 views
6 Steps to Effective Communication

Effective leaders are known for being excellent communicators. Here's what to do. 1) Avoid "Not." Negative talk encourages arguments, counter attacks, and attempts to solve your problems. It also creates a negative impression. For example, when you say, "I can't," you appear helpless and ... . When you frown, other people hear anxiety, caution, fear, and rejection. A smile (or at least a pleasant expression) encourages open communication.

image
by TrustyKitty
0 like 0 dislike
0 comments 270 views
3 Ways To Protect Your Customers

Customer security is one of the prime considerations of any retail outlet today. Whilst implementing key marketing strategies in order to promote products and increase sales, retail managers also need to be thinking about how safe their customers feel in-store and ways they can improve the attractiveness of ... shopping in a safe environment. The safer and more confident your customers feel, the more likely they are to spend money in your store.

image
by SwiftHeroine
0 like 0 dislike
0 comments 1,304 views
7 Tips to Starting a Successful Small Business

Getting a small business off the ground is challenging to say the least. Here are some tips which will prepare the ground for running a successful small business. Have Goals This is where it all starts - the foundation for success. Know exactly where you are heading. What will the business look' ... has not gone right train yourself to ask, What good has come out of this? Understand that in every problem there is potential for good.

image
by Mosquiche
0 like 0 dislike
0 comments 237 views
10 Effective Ways To Reduce Your Business Costs

1. Barter If you have a business you should be bartering goods and services with other businesses. You should try to trade for something before you buy it. Barter deals usually require little or no money. 2. Network Try networking your business with other businesses. You could trade leads or mailing ... for your business supplies and equipment. Look for suppliers with lower prices and better quality. Don't just be satisfied with a few. ----

image
by Sassassin
0 like 0 dislike
0 comments 232 views
7 Simple Steps to Get More Out of Your Day

Let's face it - time is probably our greatest resource. We never seem to have enough of it and it seems to pass so quickly. Well we won't get any more of it and we can't slow it down. What we can do is make the most of the time we have. Here are some simple steps you can take to get the most out of ... I want to get to?" if the answer is "no," change what you're doing. This is the easiest way to more out of your day and more out of your life.

image
by MysteryWasp
0 like 0 dislike
0 comments 783 views
8 Great Interview questions to help you find the right Candidate

1) Do you have written goals you want to accomplish and if so, tell me about them? You are looking for indications of maturity, focus, planning ability and desire for achievement. 2) How did you earn your first paycheck, how old were you, and what did you do with the money? With this question ... answers to these and other questions you may provide, you'll have a good idea if you're ready to take the next step with this person. Good luck

by BumblingBee
0 like 0 dislike
0 comments 243 views
Creating Cash Flow with Old Inventory

Being a retail consultant, there is a comment many business owners used. It is I'm not giving away my inventory". It is most common among store owners that business is in bad shape. It is too bad that most retail owners don't understand about inventory. Inventory does two things. It eithers ... to your business success. The key is to take action on the slow moving and discontinued. This will make your bottom line better in the long run.

by ForceSoldier
0 like 0 dislike
0 comments 233 views
Five Steps to Create a Budget for your Small Business

How I hate budgets! Every time an accountant told me to put together a budget for my company, my response was - When I get the time I will! I just never seem to get the time. For several years when I first started my company I never paid attention to a budget. ... to review your actual financial statement (Income Statement or Profit and Loss) to your projections. Have systems in place to increase revenue and decrease expenses as necessary.

by UncleRhino
Connect with us:
...