Posts Tagged ‘assets’

Making Cost Savings Via Fixed Asset Tracking

Wednesday, March 10th, 2010

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…)

Assets And Bonuses- Surely They Dont Mix?

Saturday, December 26th, 2009

You may actually care about your company managing their assets when you will hear that they will be saving money by managing them in the right way. This of course means that this Christmas you could in fact be in store for a very nice bonus. So how on earth could this be happening for you? (more…)

Make Sure You Still Manage Your Assets At Christmas

Saturday, December 26th, 2009

Christmas is a very important time of year for a company and as everything comes to a close for one year you have to be either looking forward to a new year or of course dreading the next. Whatever the case you still need to take care of the company when everyone is away and using something like asset tracking can really help when it comes to looking after things when the boss is out of the office.

Asset tracking allows a company to only look at the broken assets when they need to be looked into meaning your compnay may have spare cash at the end of the year. (more…)

We Should Be Sad For The Loss Of These Companies Right?

Thursday, December 24th, 2009

There are many companies that have suffered closures this year, some bigger than others but what are the reasons behind this?

Woolworths PLC

Well as a former member of the group I must say that I know exactly why the company closed and part of it was indeed down to the poor fixed asset accounting that the company had been doing. Woolies (as the public knew them by) were a huge company and they failed because of the idiots running it. (more…)

Is Your Company Big Enough For Asset Tracking?

Saturday, December 19th, 2009

There is one thing you need to think about before you even get to asset tracking and that is of course asset management and this is the thing that every single company needs to do.

So what is asset tracking? Asset tracking is actually more software that helps out the companies using it, basically it will track the assets so it is important for both big and small companies. (more…)

Don’t Let Your Company Fall Asset Over Tit

Wednesday, December 16th, 2009

Asset Management is actually a very important part of the business and this really does not matter if you are part of a large or smaller company.

So why do you think companies are in need of something like this? Well it really does help save on money in the long run. (more…)

Simple Way Of Explaining Asset Management

Wednesday, December 16th, 2009

If you are seriously considering starting up a new business then it can be very difficult to come to terms with the things that are going to have to be done, this is just one of those things. If you already have your own business or work in one then this cold help you too.

What is the difference between Tangible Assets and Intangible Assets? (more…)

What Software To Use For Asset Management

Wednesday, August 19th, 2009

We’ve all used them, spreadsheets, whether it’s to do a simple list of items, or whether you are looking to create advanced sums for business forecasts. Despite being a pain to use and not having all our required features, we still use them for our work. This is mainly because the majority of people would put up with a free one that comes bundled in when you buy your pc, rather than forking out the cash for a decent package. (more…)

Your Guide To The Sarbanes Oxley Act

Tuesday, August 18th, 2009

If you are a company with connections to the US, you might be required to know about the Sarbanes Oxley act. If you’re an American company and haven’t heard of it previously, you have already learned something about the act. It’s an act in the United States. (more…)

Don’t Waste Money By Using Asset Management

Monday, August 17th, 2009

No business enjoys having to spend money that they shouldn’t have to, particularly during a global recession where money might be tight. Having to invest in items that you already own can really effect your business, you can spend anything from a few hundred to a few million pounds.

Just a few of the areas that your business might over spend are: buying equipment and tools you already own, paying insurance on items you don’t have, losing equipment due to poor security. (more…)