3 reasons you need to connect the purchasing system with the asset management system

The asset management system manages the life cycle information of physical assets, what, where, and who of the physical assets, but the life of the physical assets really begin in the purchasing system. The purchasing system has the requisition, purchasing order, project number, funding source information as well as basic descriptions of the assets. That’s […]

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10 things you need to be prepared before transitioning to an automated enterprise asset management system

When organizations realize: They can no longer effectively track their physical assets. The multiple excel sheets used to track assets are out of control. They don’t know where things are, and who has them. They are failing internal and external audits on their control of physical assets. They want to transition to an automated enterprise […]

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Chain of Custody on Physical Assets

I spend a lot of time working with our customers, specifically leading the Customer On Boarding team to implement the eQuip! asset management software for new customers. During the Customer On Boarding process, our customers are transitioning from a system of “email plus excel sheets” to a web based system of updated information for the […]

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Why IT Asset Discovery tools are not sufficient for IT Asset Management?

With the increasing amount of connected IT devices, IT Asset Discovery tools are widely deployed to collect information about connected IT devices on corporate networks. While these tools have helped IT departments to keep track of some IT assets, but they are not adequate for managing the life cycle information of physical, contractual, and financial […]

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