How to Manage Your Office Inventory More Effectively

For many organisations, taking the time to carefully manage their office inventory and asset management may be far from their uppermost priority, right up until the moment it becomes clear that poor management of their fixed assets is damaging their bottom line. Unfortunately, all too many businesses therefore end up in a ‘firefighting’ situation with […]

Read More

What is asset auditing?

The importance of asset auditing to an organisation cannot be underestimated. It is a crucial process for ensuring the highest standards of accuracy and compliance in the management of a company’s valuable equipment or machinery, helping to bring about more streamlined work processes and more informed decisions. Every organisation that depends on physical assets for […]

Read More

Benefits of implementing asset management in healthcare

For most of us, our experiences of medical facilities are as a patient, rather than as a member of staff. It’s therefore easy to overlook just how crucial effective asset management in healthcare organisations is when it comes to ensuring patients receive the very best care. After all, a patient’s condition can change in seconds. […]

Read More

Equipment Tracking: What is it and who needs it?

Equipment tracking is also referred to as ‘asset tracking’; as its name implies, it allows you to keep track of an organisation’s tangible assets. There is a wide range of physical equipment that a business or organisation requires in order to operate – think everything from diagnostic and life support equipment for healthcare providers, right […]

Read More

Tips for more efficient IT hardware inventory management

Keeping track of your organisation’s IT hardware inventory can be challenging, especially if you are still dependent on manual processes. And if you aren’t managing your firm’s IT assets efficiently, you could end up being short of vital equipment, or even the opposite problem – spending money on hardware your organisation doesn’t use. This is […]

Read More

Benefits of using an asset management system in schools

It goes without saying that all educational establishments – and certainly schools – have records that they need to manage and maintain, including in relation to their inventory and fixed assets. Accordingly, an up-to-date asset management approach is essential if a school is to ensure important assets are always available to teachers, students and other […]

Read More

What is RFID asset tracking and how does it work?

The last few decades have seen a real boom in asset tracking software for business use, and this can surely be no surprise. After all, for any organisation that has physical assets – such as IT equipment, vehicles, portable tools, machinery, stock or even employees – to manage, monitor and track, having to depend on […]

Read More

The 5 Key Stages of Asset Lifecycle Management

If your business or organisation is to manage its assets as effectively as possible, it is crucial that it understands the lifecycle of those assets.  Asset lifecycle management is far from being a one-time process. Instead, it’s an ongoing process that allows your organisation to make better use of its assets while optimising how it […]

Read More

How to use asset tagging and asset management to scale your business

What is asset tagging and management and how can it benefit a business? Asset tagging is a means of tracking an organisation’s assets, whether fixed, moveable or both. It’s a key aspect of asset management, and allows for physical assets to be more easily and efficiently monitored, managed and allocated. An important feature of asset […]

Read More

How to Create a Fixed Asset Register

As a business owner, it is vitally important that you stay organised, know what assets you own, where they are located, and who is responsible for their maintenance and upkeep. This is particularly important as your business grows and you start to expand into larger premises and multiple locations.  To effectively manage your assets, you […]

Read More