Effective asset management is one of the fundamental keys for increased business productivity and profits—yet a large number of small and medium-sized businesses employ only manual asset management tools, such as spreadsheets or even paper-based records. Those businesses forgo the benefits of automated asset registers, compromising on efficient asset management.
Business owners can take charge by holding quarterly reviews. A quarterly business review (QBR) entails an evaluation of performance and achievements over the previous three months. Regular assessments like QBRs can help companies stay aligned with their goals to meet deadlines. Reviews help businesses derive insights and set targets according to the existing budget and priorities. And by staying on track of your accomplishments, you can add value to your business.
Beginning or leaving any position is a complicated, sometimes stressful transition—which is why successful organizations strive to create a holistic employee experience. Both on-boarding and off-boarding significantly shape employees’ experience, and impact productivity. Just as a good on-boarding experience serves as an on-ramp to success for new employees, ensuring smooth exits is essential for efficiency, and for maintaining your organizational reputation.
Role-Based Dashboards in EZOfficeInventory provide admins with the capability to set up customized dashboards for different users tailored to their specific roles. You can choose which KPIs provide the most value for each role and adjust their placements on the dashboard. Restricted access to dashboard KPIs based on roles provides greater control over user management and performance.
The EZOfficeInventory team is excited to share new feature upgrades and analytics enhancements that will make asset tracking easier for you. Take quick actions with an improved Asset interface and record action history for all Items. Run insightful depreciation reports to facilitate data driven business decisions. Read the full notes for more details:
For organizations working with multiple types of Assets, it gets challenging to manually track all actions that have been performed on an item. In order to provide a detailed account of item history, EZOfficeInventory has introduced Item Trail, which enables users to track every information update and action performed on an Item.
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Creating a sound asset management plan is the cornerstone of effective asset management process implementation. Sound asset management practices offer your organization many benefits, including increasing the lifecycle of each asset while enabling your team to gain maximum utility, and improving overall productivity. A systematic approach toward tracking a wide variety of assets also ensures that your assets are well-maintained at all times and ready for use.
Economic downturn and a decrease in student enrollments has significantly increased the maintenance backlog for a number of universities in the United States. Many colleges and universities have overspent on new construction, going beyond their capacity requirements and leading to an increase in old buildings with deteriorating facilities. Given the resulting maintenance backlog, universities require a solution that helps automate tasks in a cost effective manner. Setting up a university facilities management system with comprehensive checklists can help improve equipment performance for a better learning experience.
Catalog View in EZOfficeInventory automatically groups assets that have a similar name into a single Asset to provide users a concise view of assets and their available quantities. This consolidated view enables a smooth item reservation and checkout process.
Fixed asset management is essential for higher business efficiency and productivity. It encompasses maintaining a business’s fixed assets, analyzing their condition, and keeping them in good working order. Good management practices help minimize downtime and prevent unexpected breakdowns– all of which extends asset lifespans.