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ASSET MANAGEMENT

TechieHug helps companies to manage thier assets through asset management system software which supports the company in every process of the asset from purchase, verification, tracking, AMC details, depreciation, storage, problem solving, disposal and replacement. Each asset in the company is tracked and maintained automatically using this system with low of cost and less time consumption.
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apps included in asset management


Assets

Tickets

Survey

Reports
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ASSET DATA MANAGEMENT

The information of the assets is entered in a form and stored as reports to be more accessible. The type of asset, cost, purchase date, owner, tax details, description etc. are managed here.
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TRACKING ITEMS

Tracking each and every item with an ID number is done more efficiently and with few clicks. The count of the items is maintained in all required formats to track any item in any location.
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ASSET RECORDS

TechieHug keeps a record of all of a company’s assets and their barcodes to eliminate human error. Items can be uploaded/viewed to the system through their barcodes. Users can also manually search for items via their barcodes.
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ASSET LIFE CYCLE

Users can access the whole data of the company's inventory of physical and digital assets. An overview of every item is list in the life cycle. Users can track, manage and control the items in a customized manner.
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ASSET TRANSFER

Items can be transferred from one user to another with the integrated asset management tool. Users can also create containers for different products and place items into a specific container.

MOBILE SCAN

Go handy! Track the items whenever you want and wherever you are. It is accessible through mobile scans. Scanning barcodes is a easy way to track any of your company's items in no time. It's always easy than anything.
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ASSET DEPRICIATION SYSTEM

Advanced depreciation management helps to track depreciation and run reports so users can reduce overhead costs. The Depreciation Details show information such as the asset’s Purchase Cost, Acquisition Date, Depreciation Method, Useful Life, and Salvage Value.
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How does a asset management software help your business?

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Improved Asset Visibility

Optimized Asset Utilization

Asset Maintenance and Monitoring

Cost Control

Compliance and Accountability

Risk Reduction

Scalability

Inventory Management

Streamlined Procurement

Improved Productivity

Data Analytics

Asset Depreciation and Financial Reporting

Security and Compliance

Remote Management

Inventory Management

The first step in SAM is to create an inventory of all software assets within an organization. This includes not only installed software on computers but also licenses, contracts, and usage data.

Cost Optimization

SAM can help organizations reduce software costs by identifying opportunities to consolidate licenses, eliminate redundant software, and negotiate better licensing agreements with vendors.

Security

SAM can also contribute to cybersecurity by ensuring that all software is up to date with security patches and that there are no unauthorized or vulnerable software installations.

Usage Monitoring

It's important to monitor how software is being used within the organization. This can help identify unused or underutilized software, allowing for potential cost savings.

Compliance and Auditing

SAM helps organizations stay compliant with software licensing agreements. Many software vendors conduct audits to ensure that customers are using their software in accordance with the terms of their licenses.

Vendor Management

SAM involves managing relationships with software vendors. This includes negotiating contracts, renewing licenses, and staying informed about vendor policies and pricing changes.

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Asset Management Help Center

What is asset management software?

Asset management software is a digital solution designed to help organizations track, monitor, and manage their assets throughout their lifecycle. This includes physical assets such as equipment and vehicles, as well as digital assets like software licenses.

How does asset management software benefit organizations?

Asset management software improves efficiency by providing a centralized platform for tracking assets, optimizing resource allocation, preventing loss or theft, ensuring compliance, and facilitating maintenance and lifecycle management.

What types of assets can be managed with asset management software?

Asset management software can be used to manage a wide range of assets, including IT assets (computers, software licenses), fixed assets (machinery, equipment), mobile assets (vehicles, smartphones), and more.

How does asset management software aid in compliance?

Asset management software helps organizations comply with regulations and industry standards by maintaining accurate records, ensuring assets meet safety standards, and providing documentation for audits.

Can asset management software integrate with other business tools?

Yes, asset management software offer integrations with other business tools, such as enterprise resource planning (ERP) systems, procurement software, and maintenance management systems.

How does asset management software handle maintenance scheduling?

Asset management software often includes features for scheduling and tracking maintenance activities. This ensures timely servicing, reduces downtime, and prolongs the lifespan of assets.

Is asset management software scalable for different-sized organizations?

Yes, asset management software are often scalable, accommodating the needs of small businesses to large enterprises. They can scale to handle diverse asset portfolios and user requirements.

How does asset management software contribute to cost savings?

Asset management software helps organizations save costs by preventing unnecessary purchases (due to better visibility of existing assets), reducing downtime through proactive maintenance, and avoiding penalties through compliance management.