Asset Management Tool is the business initiative for retrieving budget and maximizing value by automating procurement of assets, usage, and deployment of licenses along with subscriptions.

For many organizations, this software is a tactical approach to balance the number of software licenses or any assets purchased with the number of actual licenses or assets consumed or used. This means there are an abundance of reasons why this software is important.

Wherever you are in the process of implementing this software in your business, this would provide information to help the organization to go further, quickly and easily. It will help the organization to develop a vision for the software at the company, and partner with your stakeholders.

Software reduces support costs by negotiating volume contract agreements and eliminating or reallocating underutilized software can help to identify the number of licenses for each software vendor.

It can then provide the number of empty or unused seats allowing to gauge overall usage in the organization. From there, the respective departments could renegotiate the contract with the vendors whose licenses you aren’t fully utilizing and redistribute those licenses to people in the organization who need them. Simply allows the organization to maximize its investment on software products.

Yes, you can install multiple instances of the application as long as it is in one Microsoft 365 tenant and total number of users of all the instances installed remain within the user limit as per your plan or license you purchased.

Yes, this software can be used as construction asset tracking or construction equipment management software or construction inventory management software or construction equipment maintenance software. It has all the features to address the needs of construction equipment and tools. you can track the equipment / tools based on sites. You can track the items which are under maintenance and also set the contract expiry dates.

There is no specific construction equipment management software or construction inventory management software as these applications are industry neutral and provide a good amount of customizations to suit needs of the construction industry and act as construction asset management software or construction asset tracking app. Equipment tracking or maintenance tracking software features also helpful for construction sites or job sites of construction companies.

Asset Management transforms technology data into actionable intelligence, empowering IT to effectively manage, govern and optimize their hybrid IT estate.

Discover software and hardware, reduce risk and spend through optimization and control shadow IT.

Spreadsheet or excels could create chaos and decrease service tickets.

Facts and policies could reduce confusions.

Keep a track of what you have, invest only on what organization require.

Streamline with vendor and regulatory audits.

Technology insights are required with hybrid IT environment.

This software is perfect for schools and it works well in tracking all the IT, fixed and physical assets in organized manner. Organized assets with school inventory management system / school asset management software or asset management software for schools brings transparency and help in locating unused assets hence saves cost and effort. Also it helps in reallocating assets whenever there is a change in role of the person. Fixed asset inventory can be well managed in this fixed asset manager or facility asset management software.

With advancements of Microsoft 365 and latest tools from Power platform such as Power Automate, Dataverse, etc enabled SharePoint and Office for strong and secure platform to be used other than storing confidential documents. In fact Fortune 500 companies are using Power platform for various line of business apps including fixed asset manager, fixed assets management, now you can track asset data, iot devices, mobile devices, management software licenses quickly and save time by single sign on access available in HR365’s asset management app.

This web based / cloud based asset management software etc. also helps in accessing real time data of hardware and software without waiting for various spreadsheets. Also you can manage complete facility with this facility asset management software. Regulatory compliance is no more headache with real time data availability. with this fixed asset inventory / fixed asset tracking,

Asset Management software license works on the number of count of users to whom the assets are assigned and the users who have a role in the application i.e. admin, supervisor, asset manager, etc. Multiple assets could be assigned to single users (at the client’s end). In any instance, clients could go up to 5,000 assets allocated for 1000 users. In case the number of assert moves over the 5000 limits, clients have to reach our support team to avail the request alternatively, contact us at [email protected].

Our Microsoft asset management software utilizes barcode scanning technology to associate assets with unique identifiers. By scanning the barcodes, you can instantly access and update asset information in our software.

Yes, SharePoint offers SharePoint asset management system capabilities through its various features and functionalities.

Yes, asset management tool is suitable for businesses of all sizes, from small businesses with a few assets to large enterprises with extensive asset portfolios. Many asset management solutions offer scalability and customization options to accommodate the needs and budgets of different organizations.

Asset management system can be used to manage various types of assets, including:

• IT assets (e.g., computers, servers, software licenses)
• Fixed assets (e.g., machinery, equipment, vehicles)
• Facilities and real estate assets
• Inventory and stock
• Intellectual property (e.g., patents, trademarks)
• Financial assets (e.g., investments, securities)
• Physical documents and records

Yes, an asset tracking system can be used to track a wide range of assets, including equipment, vehicles, tools, IT assets, furniture, and more. It can be customized to accommodate the unique tracking requirements of different asset types and industries.

An asset monitoring system is a digital solution designed to track, monitor, and manage assets in real-time to ensure their security, efficiency, and optimal performance. This system typically utilizes various technologies such as sensors, IoT (Internet of Things) devices, GPS (Global Positioning System), RFID (Radio Frequency Identification), or other tracking mechanisms to collect data on asset location, status, condition, and usage.

Key components and functionalities of an asset monitoring system may include:

1. Real-time tracking: The system provides real-time visibility into the location and movement of assets, allowing organizations to monitor their assets’ whereabouts at any given time.

2. Condition monitoring: Sensors or IoT devices attached to assets collect data on factors such as temperature, humidity, vibration, or other environmental conditions. This data helps organizations assess asset health and detect potential issues before they escalate.

3. Asset utilization analysis: By analyzing data on asset usage patterns and performance metrics, organizations can optimize asset utilization, identify underutilized assets, and make informed decisions about resource allocation.

4. Alerts and notifications: The system can generate alerts and notifications based on predefined thresholds or conditions, such as unauthorized asset movement, maintenance requirements, or equipment failures, enabling timely response and intervention.

5. Predictive maintenance: By analyzing historical data and performance trends, the system can predict potential equipment failures or maintenance needs, allowing organizations to schedule preventive maintenance activities and minimize downtime.

6. Integration with other systems: Asset monitoring systems may integrate with other enterprise systems such as ERP (Enterprise Resource Planning), CMMS (Computerized Maintenance Management System), or SCADA (Supervisory Control and Data Acquisition) systems to streamline data exchange, automate workflows, and improve decision-making.

SharePoint assets can encompass a wide range of items, including documents, images, videos, audio files, presentations, and more. These assets are stored in SharePoint libraries, which are organized containers for managing and accessing content.