What you add to your asset register will, in part, depend on your business. Your fixed assets will be similar to other businesses to an extent as they will include laptops, phones and monitors. In the same way, your IT asset management operations will also be similar.
However, the additional, extra, weird and wonderful assets are what make your business. Whether that's your office plant, mascot or if it's a piece of bespoke kit.

Fixed & IT Asset Management
So, let's start off with the basics. Fixed asset management and IT asset management are essential to your business. Therefore, you need to add all of your fixed assets to your asset tracking software.
Therefore, you'll need to add each bit of furniture, each laptop and each tool that you and your colleagues use. The idea behind this is that you can track what your business owns, who is using it and how.
Overall, this provides you with a transparent fixed asset register that you can then use for tax and insurance purposes, as well as to prevent risks such as asset losses or duplicate purchases.
Everyone will track their IT assets in a similar way and so your asset tracking software is guaranteed to handle IT asset management and fixed asset management on a basic level at the very least.
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Bespoke Equipment & High-Value Assets
Next, it gets a bit more complicated. If you're asset tracking for a lab or if you have high-value asset audits you need to adhere to, you'll need to add these assets to an effective asset tracking software.
While most asset tracking software will handle IT asset management or fixed asset tracking, if your assets are more niche, you may need to look further for better software.
For example, for high-value assets, you may need to use RFID asset tracking to conceal your asset tags or you may need more customizability or fluidity if you're tracking lab equipment.
When you opt for a customisable system that has unique asset management at its core, you'll be able to add any assets and manage them, even adding them to your fixed asset finances.



