Thursday, 10 January 2013

Tracking Assets is Very Important

By Darren Folkes


Assets have to be tracked.It does not matter if they are personal or business assets.However, it is known that personal assets are simpler than hard ones to track.This is because there are usually less assets and they are owned by a single individual.But think about what goes on in the business world with the average company.A company can have tons of employees working for them.The company may have all types of assets.

The company owns them, but everyone has access to them.This means that there is a huge chance that they can get lost even be stolen if they are not tracked properly.

Just imagine this.If you owned one hundred computers that were used by other people, wouldn't you be interested in knowing where they were everyday? If you had 100 computers and let others used them, do you think that you would want to know where they were on a regular basis? Wouldn't you be interested in the price that you paid for them and how much longer they could be used?It is not that hard to track assets for yourself.You most likely will only have around three or four computers tops.They are in your home.Members of your family have them.

But this might not take place with a bigger company. Employees need assets to carry out their job responsibilities.An accounting clerk needs a computer to successfully do the job.A customer service rep also needs a computer in order to help customers and keep them satisfied.Employees have to use assets to do their jobs.There are loads of company assets and loads of employee assets.How are the computers assigned to employees?Computers have a lot of different software installed on them.The company should monitor these assets if they want to container ownership.People are always stealing or losing laptops.

Management might want to chime in and state that employees are taking assets.The assets could just be mismanaged and easy to misplace because no one is entering asset information into a good fixed asset software package.A good program can track and monitor these assets.Good asset programs will even have programs that can tell you when certain assets need to be serviced.This is good for the company that has cars.These assets will not serve a good purpose unless they are maintained and up to date.The only way to do this is to make sure that your company gets a program that has features that will allow you to monitor your assets in an efficient manner.




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