Asset tracking is often considered to be an imposition on US businesses purely as a consequence of SARBOX, but asset tracking is more than an accountancy compliance issue.It’s a vital part of informed and sound management. Assets must be managed 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 particularly important with IT fixed asset tracking.IT equipment is at the heart of any business today and often changes during its operational lifetime.Components can be switched, replaced or upgraded.Software especially is frequently installed, uninstalled or upgraded. continue reading »
