Top Asset Management Software for Modern Enterprises
Asset management software is used by successful businesses to save their resources.Every company has assets, which include both physical items and software. Laptops, chairs, and vehicles are physical assets, while software includes HR software, editing software, and others. Tracking your assets is essential for a business, large or small.
A lack of effective asset tracking can result in ghost and zombie assets. Ghost assets are assets that exist in your ledgers but are physically missing or unusable. In contrast, zombie assets are physically present assets but are not recorded.
You can use asset management software to resolve this issue. These applications manage your assets throughout their entire lifecycle, from acquisition to disposal. You can add, view, and track all of your assets from a single location, saving you time and resources.
Affects employee productivity: Employee productivity is directly related to the company’s assets. Repaired or slow-performing devices can slow down an employee’s work and thus reduce their productivity.
Inability to track unused assets: Unused assets in your organization may take up much space in the warehouse or your system folders over time. Clearing or removing such unused assets would free up space that could otherwise be used.
The Undeniable Need for Asset Management Software
The need for proper asset management software for your company is evident. If your company lacks a proper asset tracking system, you will lose track of your assets. It will result in significant risks such as cost increases, poor performance, and compliance violations.
Affects your company’s ROI: Failure to track the operation and maintenance of a system may result in damaged assets, disrupting the company’s workflow. Additionally, a damaged asset will require more money to repair or replace. Both of these scenarios can hurt your organization’s ROI.
Hard to save money: Due to a lack of effective asset tracking, you may purchase more assets and software than is required. Spending more money on assets than necessary may increase your company’s financial burden.
Risk of data loss or breach: The security of software is dependent on frequent updates. Unless you keep track of your software and its expiry or renewal dates, your company is vulnerable to data compromise or loss.
Inventory management failure: You cannot effectively manage your inventory without the proper asset management software, especially remotely. The lack of asset tracking restricts your ability to add, edit, or delete inventories.
Track and Manage Your Assets Effortlessly with Artify 360
Artify 360 is used by fast-growing companies in the Middle East and UAE to track and manage their assets. Artify 360 optimizes asset life cycles and ensures easy tracking for increased efficiency.
Data Security: Artify 360 adheres to the best software industry security practices to protect organizations’ sensitive data. Artify 360 is cloud-based, which adds to the security and safety of data.
User Flexibility: Every business has unique needs regarding asset management software. Companies operate differently from operational to strategic levels. As a result, Artify 360 provides exceptional flexibility to all companies. You can use Artify 360 as you need, regardless of the type or size of your business.
Scalability: You don’t have to be concerned about the future with Artify 360. Artify that HCM will grow with your company and perfectly meet your needs as it expands.
Integrations: Artify 360 boosts your organization’s efficiency with powerful integrations with employee management and other critical HR functions.
Proper Asset Maintenance: Proper asset tracking allows you to monitor your assets and upgrade or repair them as needed. This reduces the wastage of resources while also increasing your organization’s profitability.
Maintain Asset Status: You can track the status of assets assigned to your employees using Artify 360. It assists you in determining an employee’s use of a specific asset. You can also save the asset’s purchase date, maintenance date, and other important information.
Artify 360 – The Only Tool You Need to Manage Your Organization’s Assets
