All assets should be managed. It does not matter if they are personal or business assets. However, it is known that personal assets are simpler than hard ones to track. This is because personal assets are usually low in numbers and can be the possession of just one owner. But, what does this have to do with the typical company? A company can have tons of employees working for them. There can be a lot of company assets.
The company pays for these things, but everyone who works at the company has access to them and can use them. It would be very easy for these things to get lost or stolen if they were not monitored regularly.
Look at things this way. If you owned one hundred computers that were used by other people, wouldn't you be interested in knowing where they were everyday? If you had 100 computers and let others used them, do you think that you would want to know where they were on a regular basis? Wouldn't you be interested in knowing when they were purchased and how much service life each of them had? It's easier to track your own assets. Chances are you only have to track 3 or 4 computers at a time. They are located at your home. Your family is using them.
But this might not take place with a bigger company. Companies have thousands of employees who need company assets in order to do their jobs efficiently. An accounting clerk cannot do the job without her computer. A customer service rep also needs a computer in order to help customers and keep them satisfied. Employees use assets to get the job done. There are loads of company assets and loads of employee assets. How are the computers assigned to employees? Computers contain serial number and an assortment of software. If the company wants to keep these assets, they should be tracked. Company property such as laptop computers, cell phones and adding machines go missing all of the time.
Management may say that its employees are stealing assets .The assets are not being monitored and placed into a fixed asset software package, so they could just be lost. It would not be hard for these assets to be monitored. There are even programs that will advise when an asset should be repaired. For instance, this is a good thing for a company to have if they have a large fleet of trucks or car. These assets will not serve a good purpose unless they are maintained and up to date. Your company should get a good system so that this does not happen.
The company pays for these things, but everyone who works at the company has access to them and can use them. It would be very easy for these things to get lost or stolen if they were not monitored regularly.
Look at things this way. If you owned one hundred computers that were used by other people, wouldn't you be interested in knowing where they were everyday? If you had 100 computers and let others used them, do you think that you would want to know where they were on a regular basis? Wouldn't you be interested in knowing when they were purchased and how much service life each of them had? It's easier to track your own assets. Chances are you only have to track 3 or 4 computers at a time. They are located at your home. Your family is using them.
But this might not take place with a bigger company. Companies have thousands of employees who need company assets in order to do their jobs efficiently. An accounting clerk cannot do the job without her computer. A customer service rep also needs a computer in order to help customers and keep them satisfied. Employees use assets to get the job done. There are loads of company assets and loads of employee assets. How are the computers assigned to employees? Computers contain serial number and an assortment of software. If the company wants to keep these assets, they should be tracked. Company property such as laptop computers, cell phones and adding machines go missing all of the time.
Management may say that its employees are stealing assets .The assets are not being monitored and placed into a fixed asset software package, so they could just be lost. It would not be hard for these assets to be monitored. There are even programs that will advise when an asset should be repaired. For instance, this is a good thing for a company to have if they have a large fleet of trucks or car. These assets will not serve a good purpose unless they are maintained and up to date. Your company should get a good system so that this does not happen.
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