Fixed Asset Management Software

Fixed asset management software helps organizations oversee various attributes pertaining to each asset, throughout its lifecycle. From initial purchase/acquisition, to taxation, insurance premiums, amortization and finally, depreciation, fixed asset management software can help ensure every company asset is well accounted for. This also includes assets that may have been lost or stolen.

With digital devices, vehicles/automobiles and most forms of equipment counting as enterprise fixed assets, fixed asset management software therefore caters to a wide variety of items classified as the same. As for deployment, fixed asset management software can be implemented as a standalone solution, but is also available as a module within broader scale ERP solutions.

Key Capabilities of Fixed Asset Management Software

• Asset Tracking: Monitor the real-time location and condition of all your company's assets,
• Asset Valuation and Depreciation: Calculate the value of each asset, as well as how much it is depreciating, based on repairs/maintenance, upgrades and other liabilities,
• Asset Auditing: Periodically evaluates and reports on the condition, value, maintenance history, and compliance levels of each asset,
• Work Order Management: fixed asset managers, usually in integration with supply chain management software, can help assign specific assets to maintenance jobs, along with appending relevant information for each,
• Asset Reporting and Insights: Track key aspects pertaining to your assets, so you can stay on top of compliance and establish preventative maintenance.

For other categories that commonly work alongside fixed asset management software, feel free to also check out:

• Inventory Management Software
• Accounting Software
• Project Management Software
• Operational Risk Management Software
• Compliance Management Software
• Business Intelligence Software