Fixed assets are a company’s largest capital investment and have a useful lifespan of five to ten years. A robust fixed asset lifecycle management routine focuses on optimizing useful life while minimizing downtime costs. This strategy is called fixed asset management and includes all aspects related to a business’s critical assets.
To enable a more streamlined purchase order process, EZOfficeInventory has introduced the feedback system. Whenever a faulty purchase request is received by an admin, they do not have to reject it right away. Instead the admin can add comments and re send the purchase request (PR) to the requester. This way the requester can edit the request and send it for approval again.
Running multiple business Work Orders efficiently requires accurately tracking the associated costs. Given the diverse kinds of Work Orders created at organizations, tracking the cost associated can be time-consuming and also prone to errors. To eliminate such inefficiencies, EZOfficeInventory has launched a new feature to automate the calculation of Work Order Costs. Let’s talk in more detail about how to implement this feature:
Give your business an efficiency boost by always staying on top of important events and alerts. Whether it’s a low inventory stock warning or a piece of equipment that is due for regular maintenance, the relevant people within the organization should be alerted on time. Businesses should automate notifications and alerts so teams can remain updated at all times.
The nonprofit sector contributed approximately $1.04 trillion to the United States economy in 2016 and currently composes 5.6% of the country’s GDP. Based on these facts, the nonprofit sector has tremendous potential for growth in the coming years.
The EZOfficeInventory team is excited to announce new features and enhancements from the last quarter. We have introduced Date Alert in phases along with Location-Based Thresholds for our customers. The Custom Substate feature is a major enhancement for streamlined asset management. Read the complete the complete February 2021 Release Notes to learn more: