In today’s economic climate, it’s not enough to know where your assets are. You must also use them as efficiently as possible. Competition is fierce. Profit margins are shrinking. You need every advantage to protect the well-being of your company. Your existing business software does a good job of managing your overall organization, but how well does it manage your assets?
A modern asset management solution can give you better control over your assets and greater visibility into your operations. Experience shows that through improved management, companies purchase fewer new assets, recover lost rent, fix billing mistakes, reduce theft, avoid customer disputes, deploy assets more effectively, improve safety, win new business and retain existing customers.
Simply implementing a tracking system doesn’t guarantee success. Following these best practices can help maximize the value of your new asset management solution. Continue reading →