Apr 30 2010
Okay, so this isn’t the easiest of questions to answer but there are many ways that you can help a business work without spending massive amounts of cash. Here are a few tips on help to make the business better than it currently is, it can be done.
Please Employees
A lot of business owners do not actually feel that it is a good idea to actually make the employees happy but it is one of the best ways to push the business up and on. Continue reading “Getting The Business Working”
Mar 06 2010
Asset tracking has a variety of advantages and benefits for companies of all sizes. These tools to track and monitor the use of corporate assets, recording the location, age, condition, value and other details of a wide range of fixed assets. An organisation’s fixed assets can be substantially greater (both in physical and financial terms) than you might think, including capital equipment like furniture, computers, phone systems, printers and other office equipment.This information can be invaluable in eliminating unnecessary purchases and ensuring proper tax accountability and depreciation. Continue reading “Business of Any Size Can Cut Operational Costs With Asset Tracking”
Mar 04 2010
Despite the debacle of Copenhagen and the growing band of “nay-sayers” about man-made global warming, governments around the world remain committed to Carbon Reduction Commitments (CRC) that many intend to pass into law.That’s certainly the case with the UK government, which aims to reduce greenhouse gas emissions by at least 80% over 1990 levels by the year 2050.
Companies that achieve reductions will be financially rewarded while those that do not will suffer the economic consequences. Asset tracking software will be essential to achieving those targets and reaping the financial rewards because CRC depends not just on supply chain resource or carbon emissions management. Continue reading “Go Green with Your Ducks in a Row”
Nov 18 2009
Asset tracking is often considered to be an imposition on US businesses purely as a consequence of SARBOX, but asset tracking should be more than an accountancy compliance issue.It’s an essential component of informed and sound management.Assets must be managed both financially and physically and to do that you require knowledge of just where all your assets are.Many companies rely on a conventional spreadsheet approach to try to keep track of their fixed assets to ensure the company is compliant with national and international regulations.
That’s especially important with IT tracking fixed assets.IT equipment the heart of any business operation today and often changes during its operational lifetime.Components may be switched, replaced, upgraded or repaired.Software especially is frequently installed, uninstalled or upgraded. Many of these changes are internal and therefore usually “invisible”. Continue reading “Tracking Assets Can Lead To Real Strategic Insights”
Nov 13 2009
It seems obvious to say so, but asset tracking is an essential part of any centralised asset register.Aside from issues of compliance with national and global accounting practice standards, business can no longer rely on piecemeal policies and outmoded practices.Doing so will leave a gaping hole in corporate value and expose the organisation to potentially costly liabilities. Only through the implementation of rigorous asset acquisition and disposal policies and recording detailed information about all the company’s hardware and software assets can an organisation retain full control over those fixed assets and understand its true business value.
That’s especially the case with IT assets, given the fact that computers and telecommunications now lie at the heart of almost every organisation. Continue reading “Fixed Asset Tracking is Crucial for Disaster Recovery Preparedness”
Sep 25 2009
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. Even though they are not really advanced enough for some of our requirements, we still use them. This is mainly because the majority of people would put up with a free one that comes bundled in when you buy your pc, rather than forking out the cash for a decent package. Continue reading “How Businesses are Losing Money By Using Inefficient Spreadsheets for Asset Tracking”
Sep 11 2009
The past 10 years has seen the development of Radio Frequency Identification (RFID) rocket, making it easier for all companies to track and manage their asset tracking. However, the technology has still not reached it’s optimum usage. At the moment the technology is very expensive to implement so it’s been restricted to expensive and high priority items. Continue reading “How RFID Technology can be used for Fixed Asset Tracking”
Aug 10 2009
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. Even though they don’t come will all the feature we would want plus they can be annoying to use, we still force ourselfs to use them. No doubt that is because they are bundled into our operating systems and we would rather use something that’s not quite perfect instead of buying a decent one. Continue reading “What Software To Use For Asset Management”
Aug 09 2009
Whether you are a US company, or just a company with links back to the US, you may be required to know about the Sarbanes Oxley act. If you are a American company and have never have heard of the act, then you have already learnt something new. It’s a United States law. Continue reading “Does Your Company Have To Comply to The Sarbanes Oxley Act?”
Aug 08 2009
Nobody likes spending money that they don’t need to, especially in a business and especially in a global recession. Having to fork out cash for items that you don’t need can cost you anywhere from a few hundred to a few million pounds based on your business size.
Some examples of where your business might over spend are: buying equipment and tools you already own, paying insurance on items you don’t have, losing equipment due to poor security. Continue reading “Save Money For Your Company With Asset Management”
