Asset tracking has a variety of business uses and benefits for companies of all sizes. These tools to track and monitor the use of corporate assets, recording the location, age, condition, value and other details of a wide range of fixed assets.An organisation’s fixed assets can be substantially greater (both in physical and financial terms) than you might think, covering items like furniture, computers, phone systems, printers and other office equipment.This information can be invaluable in eliminating unnecessary purchases and ensuring proper tax accountability and depreciation.
Asset management software had been associated with large enterprises only, especially the big auto-makers like GM, Ford and Chrysler who were “early adopters”. (more…)