The asset management system can generate many advantages for businesses of all sizes. Understand this impact on micro and small companies.

Asset management comprises a series of activities aimed at monitoring and extracting value from the business’ machinery, materials and infrastructure. To organize and automate this control, different companies are adopting the asset management system. Understand the impact that this technology can provide for micro and small companies in this article.

Help in cost reduction

Assets are resources that demand a lot of money from the company, not only in their acquisition, but also in its maintenance.

When maintenance is done correctly, the asset’s life cycle is much longer, postponing the need for new acquisitions.

Increases productivity

Technology has been a focal point for increasing team productivity. And the asset management area has also benefited with it. The systems help to set up schedules, monitor the status of each machine remotely, in addition to issuing alerts in cases of critical failures.

Controls depreciation by department

Different sectors in a company uses the assets in a very particular way. Management systems help to categorize and monitor these costs in each department, optimizing management and assisting making decisions related to the application of resources.

Optimize the budget

The asset management system generates a reliable history of the useful life and maintenance costs associated with each piece of equipment. It makes easier to predict replacements and new acquisitions, without budget surprises.

Contributes to your business having a correct legal conduct

Good asset control helps the company to correctly record financial transactions related to equipment, such as acquisitions and disposals of assets. This allows taxes to be correctly calculated in order to avoid fines or other problems taxes.

Would you like to know more about the benefits of asset management systems for companies? So, request a free demo of Manusis 4.0 and learn how the software works in practice.