What is Asset Management Software?

Asset management software records and manages company assets throughout their lifecycles. Organizations, large and small, use this software because it reduces the administrative and operating costs associated with asset management.

How It Works When a company sets up asset management software, users customize the information they want to capture. An easy-to-use interface means that learning how to modify, use, and maintain the software is simple. If trouble does arise, a knowledgeable and responsive technical team is at your side.

To start, the inventory manager adds all of the assets’ information, such as make and model, purchase price, age, and maintenance reports. Each asset is assigned an asset tag or barcode, which is then connected to the software to make inventory management and auditing as simple as scanning the tag.

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APT eLearning Translations | Source: What is Asset Management Software?