In this article, we discuss what facility assets are, what managing them means, and why you should use a facility asset management software solution. Let’s get started. What are facility assets? Regardless of what domain your company belongs to, you will have several resources that fall under the facility asset category. These assets underpin business activities. It takes a substantial investment to acquire them and incurs additional operating costs as you begin to use them. Here’s an example of some assets that are termed facility assets: HVAC systems Lighting fixtures Electric appliances Plumbing systems Buildings Infrastructure Vehicles After the initial purchase of these assets, they depreciate in condition and value over time. You will need to maintain and replace your assets at some point in their life cycles. When such moments arrive, it is a smart move to ensure that you do it in a streamlined manner. What is facilities asse
In today’s digital world, it is inconceivable to imagine a business organization that operates without the use of technology. In order to gain full control over modern tech solutions, companies use software tools to perform a wide range of business functions. Be it the automobile industry, healthcare industry, education or any other industry. All of them use IT resources, which includes software. Software solutions help organizations efficiently carry out their everyday activities. They require proper management so that they are always in working condition, and available whenever required. By installing a software asset management tool in the workflow, you will be able to efficiently perform the following functions: Assess what software services you need to improve your operations. Keep track of software license expiry dates. Keep your software services up-to-date. Manage software service requests by employees. Regulate who uses your software services. Ensure that your software servi