Asset Management Software is the backbone of any successful organisation since it streamlines operations by allowing you to manage your assets more efficiently. Several excellent asset management systems available on the market, such as Eworks Manager's, may help you enhance your business's efficiency by allowing you to constantly monitor your assets and schedule maintenance for them on time.
In the last few years, asset theft has been the primary cause of corporate inefficiencies. Between 2004 and 2014, companies lost $51.2 million worth of heavy plant, equipment, and vehicles. You won't have to worry about asset theft if you use asset management software since it secures each of your assets with asset tags and labels. You can easily track your assets and prevent them from being stolen using asset tags and labels.
According to a survey, 80% of employees who work manually squander 30 minutes each day retrieving data. Eworks Manager's Asset Management Software can save you time by automating your business procedures. It enables you to become paperless by allowing you to save all of your information digitally in a single location, eliminating the wasted time searching through multiple papers for the information you require.
Overstocks and out-of-stocks cost the global economy $1.1 trillion in lost income. By adding Asset Management Software to your organisation, you can avoid such losses. The software sends you warnings when your inventory falls below a certain level, allowing you to order inventory products before they run out. Inventory management that is as efficient as this might help you boost the efficiency of your company.
An organisation's data is one of its most valuable assets. To keep your business running smoothly, you must ensure that all of your data is secure. In 2015, 25% of the world's data required security but was not safeguarded, resulting in its loss. By 2025, it is expected that the amount of data requiring protection will have increased by 45%. Your data is stored safely and securely with Asset management software, so you don't have to worry about data theft or hacking.
Almost every company spends 80% of its time reacting to maintenance issues rather than preventing them. Reactive maintenance is more costly than preventative maintenance, and it puts your company in danger of losing money. When equipment is only maintained when it breaks down, it disturbs the workflow, causes delays, and costs you extra money. Asset Management Software can help you avoid scenarios like this by scheduling maintenance based on asset usage, reducing the likelihood of failure.
According to a report, $33 Billion will be spent on asset tracking, up from $10 Billion, in 2022. These figures demonstrate how important asset management software is in today's digital society. So, what do you have to lose? Switch to Asset Management Software right now, try out our 14-day free trial, to increase your company's efficiency.