Recent Articles

IT fixed assets often targeted by thieves

Any fixed asset, regardless of size, can be stolen. Most thieves will typically target smaller items that can be easily carried out or hidden, but that isn't always the case. There are a number of instances where especially large materials are taken as well. Losses of any kind can be devastating and difficult to overcome, particularly for businesses relying on certain materials to generate revenue. One industry that has become a target for theft is information technology. Computers and other electronic items are extremely expensive and valuable, especially for thieves who look to profit off the resale of illegally obtained goods….

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Theft of iPads heightens need for fixed asset management solution

Technology advancements have ushered several changes that have had a positive impact in a number of different sectors. Not only has it contributed to making the world itself smaller by streamlining communication across long distances and improving collaboration, but it has also made the learning process much easier. There are a number of devices, such as laptops, smartphones and tablets that are popping up in educational institutions at all levels because they create a more interactive environment that helps foster a higher level of learning. Schools all over the country are investing in these items and purchasing them for students, educators and administrators….

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Boost in rental activity emphasizes need for fixed asset software

Many companies rely heavily on materials and machinery that help them fulfill their duties. There are a number of industries that rely on tools daily for operational purposes. However, many don't always have the financial ability to purchase the fixed assets they need outright. This is where the rental industry becomes an important ally. Renting fixed assets over a set period of time has always been an option for both individual consumers and businesses. However, as the world continues to recover from the Great Recession and firms keep a close watch on their spending, renting items has become a sound financial decision. Rental companies…

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Natural disasters call for the use of fixed asset accounting software

Fixed assets can suffer damage as the result of human error, but there are also situations that occur that are beyond the control of anyone. Such was the case in Detroit last month. In a single day, the metro area saw as much as 4.57 inches of rainfall, according to a report from The Detroit News. That amount was just shy of the record set 89 years ago in 1925 when the city got 4.74 inches in late July. All told, the flooding caused as much as $1.1 billion in damages, forcing the governor of Michigan to declare the city…

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LoJack’s latest construction theft report uncovers valuable data

No matter where you live, you probably don't have to look very far to find a residential or commercial construction site. It seems that structures of varying sizes are appearing everywhere, signaling that the building industry has once again regained strength after the devastating effects of the Great Recession, which crippled economies all over the world. However, all construction sites have one thing in common: Valuable fixed assets are often left unsupervised and unguarded overnight. Many of these items are necessary to ensure that building projects are completed on time. When things go missing, it can severely hamper this goal. Thieves…

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