Introduction
Assets are the foundation of every business. Securing and maintaining your assets enhances efficiency, increases productivity, and provides a time-saving and cost-efficient approach to managing projects.
Asset management allows you to monitor all the checkpoints of your assets, from their purchase till they have served their purpose. In a competitive environment like Dubai, it is essential to stay on top of your game and ensure your assets are healthy and properly functioning. Asset tracking solutions from Microhard Infotech offer strategies and tools to increase the asset’s lifespan.
Asset management solution
Our asset management solutions assist companies in simultaneously optimising their assets and reducing ownership and maintenance costs. With asset management software, you can monitor and view your assets and various operations related to your assets, like purchasing time, fees, maintenance schedule, asset permission, regulatory policies, contracts, and user behaviours. Asset tracking solutions in Dubai help organisations track and study the location, status, health, and condition of their fixed assets, enabling them to make financial decisions and modify their accounting system accordingly. Instead of spending hours calculating and managing fixed assets rigorously, our asset tracking solutions save companies from doing manual paperwork, hiring an extra workforce, and delivering inaccurate results.
We understand that keeping track of purchasing, warranty cards, contract management, invoice, insurance documents, and records are challenges companies often face while maintaining and running their business. Asset management allows organisations to manage assets in various business locations, produce accurate results through standard depreciation calculation strategies, and enhance balance records.
Asset tracking solutions enable digitising assets, collecting crucial details, and incorporating movable storage platforms, trackers, and fixed asset solutions, such as RFID Tags, Mobile PDAs, and printers.
What Does Asset Tracking Software Include?
Asset charts
Asset categories
Flexible depreciation
approaches
Asset disposal
Asset commencement and retirement tracking
Asset values like purchase, book, and selling values
Accessing transfer and management history
Fixed asset records
Benefits of Asset Management
With our asset management services, organisations can boost their business and assets through a comprehensive approach in various ways, such as:
Improve Asset Value
A systematic asset management solution provides a central platform to manage assets and asset data, such as acquisition, asset optimisation, lease etc. An asset tracking software creates asset reports that increase the visibility of an asset’s tools, resources, and equipment. You can view the location and status of your assets from any corner of the globe to make decisions regarding your assets, such as selling, monitoring, or maximising them. Another benefit of asset reports is that they assist in identifying and eliminating threats and vulnerabilities in asset metrics and project lifecycle.
Increase Asset Lifespan
Manual asset tracking or a weak asset tracking solution can create discrepancies in the functioning of tools, equipment, and machinery that determine the health and condition of assets. However, an asset management system increases the life duration of an asset by producing accurate and effective equipment reports based on real-time data. Instead of paperwork, asset tracking monitors and stores assets digitally, increasing efficiency and yielding productive results. Increasing asset lifespan using asset tracking software also helps in financial management and prevents over expenditure.
Central Data Platform
Running a business is difficult, as you have to overlook daily tasks and operations while ensuring asset maintenance. A central data platform enabled by asset management systems stores all digital asset files and asset-related records using real-time information. The documents can be obtained and accessed from any location, be it on-site or a remote operation. With an asset management approach, asset managers can acquire files, access data inventory, and record operations.
Better Asset Security
Poor asset management increases the chances of the assets getting damaged or stolen. Assets contain confidential data pertinent to the organisation and its clients, such as equipment information, insurance documents, lease contracts etc. Our asset tracking software notifies asset managers of the status of their assets, which prevents unauthorised access and creates a detailed report of the asset’s schedule and operations. An asset management system is an elaborate software that increases asset security and ensures all the assets and asset-related information is safe, secure, and guarded at all times.
Final Words
Asset tracking solutions in Dubai are essential cogs that keep your assets safe and running. Microhard Infotech’s proper and secure asset management software is time efficient, provides history logs, digitises records, and enhances risk management to assist organisations in managing their assets.
FAQ
- Asset purchasing price
- Asset purchasing location and date
- The health of the asset
- Asset serial number
- Asset history log
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