Okay, so we get it, finding a better way to manage your fixed assets may not be the most exciting thing you have on your to-do list. BUT, fixed asset management software is often a very quick-win that will make you kick yourself you've put it off for so long.
If you're new to this whole fixed asset register thing then let's make sure we've covered the basics first. What are fixed assets?
There are so many ways your team will benefit once you introduce the best fixed asset tracking software, but here we'll cover off 5 of the top reasons that prove fixed asset management software is well worth your investment today.
1. Your ROI is less than one year
When it comes to your return on investment, few opportunities will give you a faster return than taking back control of your fixed assets with a modern-day asset management solution.
Consider the amount of time you and your colleagues spend trying to hunt down the equipment you need. Now, multiply that by the hourly rate each of your team costs the business. And, we're not done there… Next, add to that the amount of money you spend buying new assets because you can't find the ones you've purchased previously. Still with me?
Phew. Now, it's very obvious that your ROI will be less than a year, with fixed asset management software pricing starting at less than £1000 per year.
2. You'll regain control of your assets instantly
We're all impatient and seemingly getting more impatient by the day. Luckily for you, if you set up your fixed asset inventory software today, you'll instantly begin to take back control of your fixed assets and equipment.
The best fixed asset management software gives you a free trial that you can begin today. That means an immediate look into how much better your life is going to be. What's more, is that you can add fixed assets to the system and invite your colleagues to join your account so you can revolutionise your fixed asset management in just a few quick clicks.
3. You'll be able to give your boss the answers they need
We've all been there, your boss has an important meeting, and they need to report on the whereabouts and condition of the business' fixed assets. Your boss is a busy person, and so they've only given you about 20 minutes notice. Don't sweat it, with your snazzy new fixed asset management software you can pull off customisable reports that will show you:
- how many fixed assets the business has
- what the current value of your fixed asset list is
- what condition your assets and equipment are in
- the replacement value for the fixed assets that are in poor condition
- where your plant, machinery and equipment is
- when equipment maintenance and inspections are due
