Business People Club

Search All Topics !

Asset Management Software guide

0 like 0 dislike
166 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 (optional):
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 1,227 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 ... on information provided by the asset manger of the company.

by SilkPredator
0 like 0 dislike
1 Comment 295 views
0 like 0 dislike
0 comments 178 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 ... of hours of time through learning by way of trial and error.

by Knighthawk
0 like 0 dislike
0 comments 140 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 ... generating more cash and managing their cash inflow process.

by AfternoonFay
0 like 0 dislike
0 comments 782 views
Advantages Of Outsourcing Infrastructure Management Services

Managing vital operational components, such as policies, processes, equipment, data, human resources, and external contacts, ... resolution time and improve system availability and reduce downtime.

by PerfumedNecromancer
0 like 0 dislike
0 comments 269 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 ... loss are worth being considered for long term gains of business houses

by Explorer
0 like 0 dislike
1 Comment 243 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 240 views
Can A Learning Management System Help Your Business?

Can A Learning Management System Help Your Business?

by GroundHurricane
0 like 0 dislike
1 Comment 326 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 202 views
How to outsource software development?

How to outsource software development?

by PlushSeal
0 like 0 dislike
1 Comment 311 views
How to Choose Right PC Diagnostic Software?

How to Choose Right PC Diagnostic Software?

by Caribooboo
0 like 0 dislike
1 Comment 215 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 277 views
Should i use email marketing software?

is it worth spending money for email marketing software?

by Knightmare
0 like 0 dislike
0 comments 1,148 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 ... must be chosen according to the target market that we refer to.

by FatKomodoDragon
0 like 0 dislike
0 comments 572 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, ... way and your profits will start seeing their way to the sky.

by Butcherry
0 like 0 dislike
0 comments 978 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 ... only a few, you may be reading comments from his in-laws.

by PlaySeal
0 like 0 dislike
0 comments 1,133 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 by making your to do list for tomorrow today.

by HarshThunder
0 like 0 dislike
0 comments 1,197 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 ... more money, and be treated with more respect, elsewhere.

by Knighthawk
0 like 0 dislike
0 comments 835 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 ... strategy makers and the executors will ultimately decide the final outcome.

by Scorpeon
0 like 0 dislike
0 comments 841 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 ... into action...and watch your business grow by leaps and bounds!

by nicejone
0 like 0 dislike
0 comments 365 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 ... Consultant and decide if buying a franchise is right for you.

by AmazingKitty
0 like 0 dislike
0 comments 398 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 ... with them. If you neglect them, they will go elsewhere.

image
by Cybora
0 like 0 dislike
0 comments 481 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 ... to minimize your litigation risks and reap the benefits later.

image
by TwinNut
0 like 0 dislike
0 comments 219 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 ... business, but to be successful you will have to be determined.

image
by AfternoonFay
0 like 0 dislike
0 comments 254 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 ... , you may even consider converting even more positions to telecommuting.

by PlushSeal
0 like 0 dislike
0 comments 216 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 door to repeat sales swings wide open. (c) 2005 Neil Sagebiel

image
by HarmlessRose
0 like 0 dislike
0 comments 1,154 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 ... and gain your readers trust to buy your products or services.

image
by Richard S.
0 like 0 dislike
0 comments 236 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 ... tips will position you to keep your cool when customers get hot!

image
by Slayerk
0 like 0 dislike
0 comments 192 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 ... for you. © 2005 Online Marketing Muscle -- All Rights Reserved.

image
by Octopixy
0 like 0 dislike
0 comments 256 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 ... for a recipe swapping group when you are advertising shaving cream.

image
by ShowDolphin
0 like 0 dislike
0 comments 329 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 ... wonders. 10. Er, try not to stand near a bin.

image
by BeautifulWolf
0 like 0 dislike
0 comments 306 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 ... . It will be at least 2 pages with a lot of information.

image
by PositiveVoid
0 like 0 dislike
0 comments 1,072 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 ... use this information to find what you are looking for, freedom.

image
by OpinionOwl
0 like 0 dislike
0 comments 195 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 ... smile (or at least a pleasant expression) encourages open communication.

image
by TrustyKitty
0 like 0 dislike
0 comments 240 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 ... the more likely they are to spend money in your store.

image
by SwiftHeroine
0 like 0 dislike
0 comments 1,067 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 ... this? Understand that in every problem there is potential for good.

image
by Mosquiche
0 like 0 dislike
0 comments 198 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 ... quality. Don't just be satisfied with a few. ----

image
by Sassassin
0 like 0 dislike
0 comments 207 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 ... easiest way to more out of your day and more out of your life.

image
by MysteryWasp
0 like 0 dislike
0 comments 530 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, ... you're ready to take the next step with this person. Good luck

by BumblingBee
0 like 0 dislike
0 comments 214 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 ... discontinued. This will make your bottom line better in the long run.

by ForceSoldier
0 like 0 dislike
0 comments 207 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 ... Have systems in place to increase revenue and decrease expenses as necessary.

by UncleRhino
0 like 0 dislike
0 comments 211 views
What to Look For in a New Franchise

Want to buy a franchise opportunity? Great idea! Here is a high-level overview on what to look for: Operating History - A ... of re-sales relative to the total number of franchises in existence.

by HairySeahorse
0 like 0 dislike
0 comments 495 views
Ideas For New Products And Inventions

How many new products and inventions can you dream up with in thirty minutes? At least a few if you know the techniques of ... also thousands of other new products and inventions waiting to be made.

by HarshThunder
0 like 0 dislike
0 comments 238 views
Key Employees can and will leave your Business, are you prepared?

Very few businesses can claim to be prepared for the loss of key employees. Quite often it is an unexpected and unplanned for ... of the problems that occur when key employees leave your business.

image
by nicejone
0 like 0 dislike
0 comments 192 views
Business Tools to Help You Run a Successful Business

When setting up a business, even the best prepared among us will struggle to do everything and remember everything. It is very unlikely ... to get the right tools will pay off time and time again.

by VirtualAssassin
Quick Guides

1,098 posts

604 comments

1 comment

74,995 users

Connect with us:
...