To gain complete control over your company assets, you should strongly consider a complete Asset Management and Tracking System. Commonly called EAM or Enterprise Asset Management these systems fully integrate into your company operations. They typically provide links to your accounting software, help desk, web site, and other business functions that require information about events or the status and location of important assets. They also take advantage of productivity enhancing technologies such as Automatic Identification (Barcode and RFID) and Wireless Communications (WLAN and WWAN). See the following sections below for more information:
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Getting Started
- Read the information below to make sure this type of system meets your needs.
- Determine what budget amount you can afford to spend.
- Contact us to help. We can tell you about our proven five step process so you make the best decision get it done right the first time!
Five Step Process:
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How They Work
Enterprise Asset Management (EAM) Systems offer complete control over your organizations assets
Issue Purchase Order: From the issuance of the purchase order, integrated EAM systems begin tracking your asset. Some come with the ability to issue purchase orders while others can integrate into your organization's accounting system.
Receive Asset: When the asset arrives, the tracking system takes all the relevant information about the asset including serial number, physical characteristics, appropriate depreciation categories, and any preventive maintenance schedules.
Mark/Tag Item: As the organization puts the item into service, it is then marked with some sort of automatic identification and the system's database is updated letting the system know the asset's number, location, and in-service date.
Maintain Item: Tracking of maintenance work, help-desk updates, warranty claims and repairs begin. Reports provide valuable information.
Update Accounting System: They system exports the results of periodic physical inventory and valuation to the accounting system.
Retire Item: The organization disposes of the item and determines salvage value. The database records these changes.
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System Components |
Estimated Costs |
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Database Software
Labeling Software |
EBS Complete "Sure-Fire™" Approach
(Proven 5 Step Process, expandable software, rugged portable device, training and implementation assistance) |
$15,000+ |
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Handheld Scanners
Portable Data Collection |
Full Featured Scalable System
(Expandable software, rugged portable device, implementation support available) |
$10,000+ |
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Consulting
Training
Installation |
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Examples |
Key Features |
- All types of businesses
- Government institutions
- Military
- Almost any large organization
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- Lowering Asset TCO (Total Cost of Ownership)
- Increased Company Visibility to Asset Information
- Ability to Calculate and Report on Asset Life, Maintenance, Period and Annual Depreciation
- Integration with Accounting and Other Related Systems
- Increased Accuracy and Speed Scanning Asset Moves
- Asset History
- Asset Location
- Quick and Easy Physical Inventory Verification
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