Chances are, you associate fixed asset management with private companies or perhaps government agencies. Indeed, it’s important for the property, plant and equipment held by such organizations to be managed effectively. That said, recording and maintaining accurate, timely fixed asset data is also crucial for other entities as well, such as school districts. Like companies, school [...]

If your company uses spreadsheets for fixed asset tracking, chances are you’ve heard there are better alternatives but are reticent to switch. This could be due to financial concerns or the simple unwillingness to upgrade your fixed asset management system. But what if you knew specialized fixed asset management software can actually save you money by reducing depreciation inaccuracies? [...]

There’s often a lack of cohesion between the fixed asset register kept and maintained by your company’s finance department and the lists used for inventory tracking purposes across the rest of the organization. Finance departments are typically focused on recording a fixed asset’s value for the purposes of depreciation, and may not take into account the number of [...]

Those charged with helping to run a company are no doubt aware of the need to engage in comprehensive fixed asset tracking. But what’s so important about fixed assets anyway? Simply put, having a fixed asset management system in place allows your organization to maximize its asset base, which is extremely valuable to the business. Asset management software [...]

With the help of provisions such as the 100 percent bonus depreciationstimulus of 2011, some companies are starting to get back on track financially in the wake of the recession. That said, there’s a long way to go, and many are still struggling to cope with the continued effects of the economic downturn. In times of [...]