Archive: Oct 2012

How Fixed Asset Management Ties Into Continuity Planning

Many experts have asserted that most small businesses are one disaster away from closing their doors forever. However, building strong continuity plans can help companies mitigate the various threats that abound, and fixed asset management is a cornerstone of adequate corporate foresight. Fixed asset planning solutions can help companies look further into the future, assess potential risks and plan for the worst potential situations. These services give corporate decision-makers a clearer and more comprehensive picture of the intricacies regarding their businesses, including the ebb and flow of fixed assets and other resources. Further, fixed asset tracking solutions are imperative to keep inventories tight and operating…

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Want to Be More Efficient and Accurate in Tracking and Billing Time?

Service professionals turn to Sage Timeslips to get more out of every day. Each part of your business is interconnected, from the top of the org chart to the bottom line. Better tracking can mean improved numbers for all. If you need better ways to help track time, streamline your billing processes and increase your cash flow, Sage Timeslips would make a perfect addition to your organization and everyday work life. You may be surprised to learn how much money service professionals can lose by not capturing billable time and expenses properly. Sage Timeslips makes tracking time easy, so you…

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Fixed Asset Management Tools for Businesses With Large Inventories

In today’s turbulent economic conditions, entrepreneurs need to focus on strong oversight of all property, plant and equipment to remain competitive. Whether a business is in the manufacturing industry, retail or another sector characterized by high volumes of inventory items, fixed asset management is key to ensure the strongest operations. Fixed asset management solutions can help business owners in these industries carry out all associated tasks, such as planning, tracking, depreciation and reporting, with ease and accuracy. To begin, businesses with large inventories need to plan properly to ensure they are only making necessary orders and avoiding extraneous purchases. Planning software helps keep inventory…

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Fixed Asset Management in The Age of BYOD

As the bring-your-own-device (BYOD) movement continues to penetrate new markets, fixed asset managers at companies have a whole new variety of hardware, software and other equipment to worry about. While BYOD means that employees provide their own devices, the corporate support structures needed to properly deploy such a policy are vast. Though some might forget, software is a fixed asset that needs to be depreciated, while any of the additional servers, network devices or other associated hardware will also need to be accounted for. Fixed asset management solutions, especially tracking and depreciation software, can be extremely beneficial for information technology (IT) department personnel and executive decision…

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Why Your Small Business Needs an Inventory Management System

When managing a large inventory, human error is often the biggest catalyst for disaster. As every manager who has ever dealt with inventory knows, any mistakes made – even small ones – could cause substantial loss of face regarding clients. Luckily, inventory management systems are available that can help ensure problems do not arise. For starters, inventory managers are tasked with knowing all attributes of held assets, such as value, age, turnover rate and more. Inventory tracking software aids in the process of keeping all applicable information in one, easily accessible place. This creates an efficient, accurate and streamlined operation…

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