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With Asset Management Software, you get a clear understanding of what you own, where your assets are, and how you can extend the life of assets by extending their usage. Since you get all the data you need to make effective and clear business decisions, you can extend the lifetime of your assets.
Tracking and logging your assets with asset management software gives you access to important asset information, such as maintenance dates, deprecation information, and locations.
How Asset Management Software Works
Tracking assets with asset management software is all about creating unique profiles for each asset. This lets you add unique information to specific assets instead of adding them to spreadsheets as fields.
By using this method, you can see your asset information in a much more convenient manner, as updating and using data becomes easier and faster.
Asset tags are another way to progress quickly. Using asset tags, you can keep an audit trail of your assets' last seen locations, which updates rapidly each time you scan the asset. You can also scan an asset's tag to get a full overview, which you can use to add new issues or update maintenances.
The Benefits of Asset Management Software
The benefits of asset management software are obvious. With a robust and up-to-date view of your assets, you can extend their use and lose fewer assets.
The data will allow you to identify any gaps, as well, as you'll be able to quickly identify what assets haven't been used in a while. Once you've pinpointed why a specific asset hasn't been used, you can decide whether it should be deployed or decommissioned.
The automation of fixed asset tracking, on the other hand, means that you never have to manually edit a spreadsheet as part of your daily asset tracking operations.
So instead of sifting through a spreadsheet to find the data that you're looking for, you can use this data to run reports and see what assets need maintenance.
Pick the right tool for the job
BlueTally is a free and simple asset management software, designed with configurability in mind. Learn more about BlueTally and get started with our free and simple asset management tool.
