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Asset Management SolutionThe Asset Management Solution

More and more people are looking for ways to keep track of their company assets.  Here at Novo almost every day we are contacted by folks who are looking for a better asset management solution than spreadsheet management or a homegrown tool they may have.  It’s easy to see why.  There are costs to managing assets as well as initial purchase costs.

For example, you may need to know information such as:

  • Where an item is located, and its location history as it has been moved
  • Trends in problems with items
  • The relationship of one asset to another
  • Reporting of your assets

An asset spreadsheet simply cannot do this effectively.  A web-based solution will allow you to keep tight control of your assets locations and other important information so you can get as much life as possible out of your equipment.  This tool will also help you manage life-cycle expectations so you can predict costs and control spending.  Cloud solution offerings make stepping into an asset management solution cost only dollars per month.

Gearing up for a switch can be overwhelming if you’re still using paper and excel spreadsheets.  You need a plan, because, without one, you will most likely waste time and money.  On top of that, your unlikely to see the supposed perks and gains that come with effective asset management.  Making an investment in an asset management solution has its challenges but if you dedicate the time, you will reap the rewards.

Asset Management is just the beginning of streamlined business operations.  It helps simplify planned maintenance scheduling, extend asset life, and enables more data-driven decisions.  So it may be time to put the spreadsheet back where it belongs and bring your asset tracking up to date with an asset management solution.

Contact Novo Solutions today to learn how an Asset Management Program can help you.