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Tracking Property for SMBs

  Fixed asset management solutions help small and medium size businesses (SMBs) with tracking property effectively. Software provides them with the ability to stay on top of financial reports, cut unnecessary costs and maximize efficiency in every aspect of business, from operations to administrative work. Incorporating a barcode scanning system into inventory tracking solutions and processes can help businesses save even more time and access property information with just the click of a mouse. Sportsvision, which creates visual enhancements like the NFL’s “yellow line” in broadcasted sports and entertainment events, began using a barcode scanning system to track its items several…

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Keep track of property during a business move

In search for economic efficiency, companies actually expect to hire at a modest rate this year. Coupled with the fact that new businesses continue to emerge, a significant amount of U.S. entities will likely relocate to new offices and factories. When companies move operations and workplaces to new locations, the task to keep track of property will be daunting yet critical — particularly as they seek to make the most of their resources to maintain efficient operations. Equipment managers and other decision makers have the responsibility of ensuring each fixed asset is properly packed, stored, shipped, unpacked, and put back to use. Items owned by a…

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Improving Equipment Management Skills To Faciliate Fixed Asset Accounting and Tracking

Company leaders in charge of supervising equipment, tools and facilities are tasked with myriad responsibilities. As economic uncertainty is leading many companies to tighten their purse strings and cut operational costs, inventory accounting is an especially complex job. Fixed asset management solutions can help businesses efficiently track property and minimize expenses to facilitate equipment management through tracking. In addition, there are several ways decision makers can boost their skills. Develop a financial understanding While many inventory professionals, from fleet managers to accountants, have basic knowledge of fixed asset value depreciation, purchase funding, it’s a good idea to strengthen these skills….

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Your growing business may be ready for the next size up in fixed asset management solutions

 As the economy moves steadily along the path of recovery, many companies are seeing positive profit numbers and expansion. For any organization looking to maintain growth, it’s important for leaders to recognize their business’ shifting needs. As companies become lar ger, they acquire more property, equipment, furniture and other fixed assets, which means they have more data to track to maintain control over financial accounts. While small business software helps new companies to start off strong, after a few years of positive results it may be time for an upgrade. Inventory tracking software providers create products for businesses of all…

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