This might come as a surprise to you, but creating an asset register is as simple as ABC. Compared to your conventional spreadsheets and record books, asset registers can make your routine asset management functions seem like a cinch.
To get to the roots of how to effectively deploy and use an asset register, let's first skim over what an asset register actually does.
Assets and Their Details
Asset registers should only contain data that is considered to be pertinent to your assets. This includes information such as - but not limited to - the purchase date, current valuation, and the current assignee.
Whether it's a piece of equipment or some property, an asset register encompasses all assets your business owns. Asset information is stored in unique asset profiles, which can then be accessed for multiple operations.
Adding Your Assets
To start off with asset registers, you'll first have to add your assets to the asset register itself. Individual assets have their unique profile, allowing you to access all of their data at a moment's notice.
As always, it is always better to physically cross-check before adding numerical data to your assets profile: this reduces the likelihood of the occasional human error. The result? You have at your hands, a highly accurate asset register, capable of aiding you in critical decision making.
Using Asset Tags
We'd recommend tagging your physical assets with asset tags while adding them to your asset management system. Asset tags are physical tags that are used to link physical entities to their digital counterparts.
Not only will you save time while uploading and tagging assets simultaneously, but asset tags reduce the time taken to access asset data. This is accomplished by scanning a unique code present on the physical tags: scanning these tags will direct you to the assets unique profile on the asset management software.
An added benefit of using asset tags is that every time you scan an asset’s tag, the last seen location, and the person who scanned the asset, both are updated automatically, giving you an audit trail of where your assets have been.
Collecting and Adding Data
Firstly, you'll have to add your assets data to the itemit's asset management software. Only after adding and tagging all your assets can you proceed to track and manage all your assets data.
itemit's asset register comes bundled with a horde of powerful features. From adding check-in/check-out information to setting asset maintenance reminders, itemit's asset register is sure to be invaluable to your business's operations.
If that wasn't enough to convince you, itemit’s asset management software allows you to recall data in the form of configurable exports and reports. Need a graph, or perhaps a chart? itemit's asset register has it all.
Now that we've gone over how to set up an asset register, let us go over the best practices to observe while using itemit’s asset management software.
