ASSET LIFECYCLE MANAGEMENT BLOGStay tuned for regular updates on all things asset tracking, RFID, bar coding, fixed asset inventory, asset tagging, and more
To establish a useful set of policies and procedures, you must first look closely at how things are currently done.
There are a number of diverse roles that have a direct impact on how an asset is managed and tracked throughout its useful lifecycle.
Fixed asset automation and technology can be a fairly broad topic. For the purposes of this post, we will address some of the basic and minimum considerations for technology that can help automate the tracking and managing of fixed assets throughout their lifecycle.
With the start of a new year comes new initiatives. Priorities are set and budgets are established. Has asset tracking surfaced as a priority? If...
You’ve determined that it’s time to bring in a professional to conduct an inventory of your fixed assets. The search for a reliable company begins. As you vet the various service providers, you need to make sure you are getting maximum ROI.
Tagging assets is a pretty basic concept. Whether it’s one dimensional, 2D, RFID or otherwise, the concept is the same. Affix a label to your equipment, give it a unique identity, make it easier to keep track of the asset.
Annual auditing of financial statements offers financial transparency and accountability for nonprofit organizations. While not all nonprofit organizations are required to conduct an independent financial audit, many are. Those that are not should still strongly consider one. This is encouraging and often required of financial donors.
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