What is asset Management?
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Asset management:
Asset management mainly defined, refers to any system that monitors and maintains things of value to an entity or group. Simply Asset management means deciding where to invest money. It is mainly used in the financial sector to describe people and companies who investments on behalf of others Asset management mainly defined, refers to any system that monitors and maintains things of value to an entity or group. Simply Asset management means deciding where to invest money. It is mainly used in the financial sector to describe people and companies who investments on behalf of others. An asset management firm is a company or partnership that manages investor funds by putting money to work in asset classes such as stocks or bonds.
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Asset management software is a dedicated application which is used to record and track an asset throughout its life cycle. Smart Asset automates best practices across the asset management life-cycle and integrates processes into service support including incident, problem and to improve service quality and business outcomes. The asset management software is used for management of both software and hardware assets.
Benefits of Asset Management Software:
- Comprehensive asset management
- Complete visibility on all assets and their impact on business decisions
- Swift asset reconciliation with detailed analysis on various levels
- Enterprise-wide asset control with fine-grain information retrieval
- Improve performance through integrated processes and MIS reporting
- Fully secured operation
- Multi-level filters for data analysis
SmartAsset software developed by Endeavour africa and provides finance professionals and management decision-makers with the facility to record both fixed and portable items, allowing detailed information to be stored against each asset.
More At: Endeavour Africa Group
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Jen McDade
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Environmental - Health & Safety
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