Tuesday, March 12, 2013

Monitoring Assets is Important

All assets should be managed. This holds through large businesses. However, it is known that personal assets are simpler than hard ones to track.This is because personal assets are usually on a smaller scale and owned by one person. 

But, how does this compare to the average company?There are multiple people walking around the company at any given point in time.The company may have all types of assets. The company bought them, but employees can use them whenever.It would be very easy for these things to get lost or stolen if they were not monitored regularly.

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 knowing when they were purchased and how much service life each of them had?It is not that hard to track assets for yourself.You most likely will only have around three or four computers tops.They are the ones that are in your home.Your family is using them.

But this is not the case with a large company.Employees have to have assets in order to do their job assignments.An accounting clerk needs a computer to successfully do the job.This would also hold true for a customer service person.Employees have to use assets to do thei jobs.There are a lot of assets and employees.How are the computers assigned to employees?Computers have serial numbers and different types of software packages based upon the department or job qualifications.In order to make sure that these computers remain the property of the company, they should be tracked and maintained.Assets such as laptops are always missing or stolen.

Managment might want to chime in and state that employees are taking assets.No one is monitoring the assets or placing them in a fixed asset software package, so they could actually be just lost.It would not be hard for these assets to be monitored.Certain assets systems can actually say when a product needs servicing.If the company has a fleet of trucks, they could really take advantage of this.These assets will not remain useful if they are not properly maintained.Your company has to invest in a great system so that this will not be an issue.

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