A lot of companies utilise spreadsheets; to track the amount of hours someone has worked (and which clients they’ve been working on); to keep track of petty cash or expenses; to track sick days and holidays, etc. On the whole, spreadsheets are fine performing these basic tasks, and with new additions to programs like Excel [...]
Posts Tagged ‘fixed assets’
Get Your Ducks in a Row when You Go Green
Despite the debacle of Copenhagen and the growing band of “nay-sayers” about man-made global warming, governments around the world remain committed to Carbon Reduction Commitments (CRC) that several intend to pass into law. That’s certainly the case with the UK government, which is sticking to targets of reducing greenhouse gas emissions by at least 80% [...]
Asset Tracking Is A Management Information Tool
Asset tracking is often considered to be an imposition on US businesses purely as a consequence of SARBOX, but asset tracking is more than an accountancy compliance issue.It’s a vital part of informed and sound management.Assets must be managed financially and physically and to do that effectively you require knowledge of just where all your [...]
Poor Asset Management Could Damage Recovery
With US finance departments and corporate governance being held increasingly accountable under the stringent requirements of Sarbanes-Oxley (Sarbox) and IFRS in particular, the need reliable asset tracking has never been greater for US companies or their overseas operations. Company accountants have to ensure they remain up-to-date with the compliance requirements for their sector and CEOs [...]
How Top Businesses are Using RFID to Track their Assets
The past 10 years has seen the development of Radio Frequency Identification (RFID) rocket, making it easier for all companies to track and manage their fixed asset tracking. However, the tech has not yet reached it’s optimial usage. Currently RFID tagging is too expensive to use on everything, so far it’s only really been used [...]
Spreadsheets are SO Last Year: Specialist Software for Managing Corporate Assets
We’ve all used them, spreadsheets, whether it’s to do a simple list of items, or whether you are looking to create advanced sums for business forecasts. Even though they don’t come will all the feature we would want plus they can be annoying to use, we still force ourselfs to use them. No doubt this [...]
Don’t Do Your Own Asset Management, Outsource It
Asset management is one of the most complicated things you will ever do in your company. Although everyone hates doing it because it takes time and can lose your business money if not done correctly, it’s still a vital part of any business. Getting up to date information about what assets you have is extremely [...]