Any business, no matter how big or small, must have information about the location, use, condition and possible future usefulness of its productive assets such as land, buildings, transport and manufacturing equipment.In many cases these fixed assets represent the largest and most costly investment the company will ever make. Nothing is more crucial to providing [...]
Posts Tagged ‘asset tracking’
Asset Tracking Should Be A Management Function
Asset tracking is often considered to be an esoteric requirement imposed on American businesses as a consequence of SARBOX, but it should be much more than that. Asset tracking is a vital component of informed and sound management.Assets must not only be managed financially, they must be managed physically as well.To do that requires accurate [...]
Spreadsheets Are Terrible, But We Still Use Them
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. Although they are not really good enough for our uses, we still manage to put up with them. No doubt the reason for this is because we would rather [...]
Does Your Company Have To Comply to The Sarbanes Oxley Act?
If you are an American company, then you might be required to know about the Sarbanes Oxley act. If you are an American company and haven’t heard of it before, then you have already learnt something about it. It’s a law in the US.
The Sarbanes Oxley is an act that was signed into US in [...]
More Companies Are Using Real Time Methods to Track Their Assets
Companies all around the world are being affected by the current global recession, managing your fixed assets UK and using them to get the most money out of them is being more imporant than ever before. Many companies are seeing that fixed asset management is becoming more of a competitive edge as each company tries [...]
Tracking Your Fixed Assets Could Mean Lower Insurance Costs
Coping with rising insurance premiums has become an increasingly serious issue for business both in the US and worldwide. The economic downturn of the past year or so in particular has brought this situation into sharp relief. Yet often overlooked is the fact that according to recent findings, as much as 70% of businesses are [...]