Asset Management

Comprehensive asset management goes beyond simply tracking life cycle factors such as purchase price, maintenance, depreciation and salvage. It also involves purchasing processes and policies, supplier relationships, warranty coverage, location and storage, theft prevention, distribution, usage patterns, productivity rates, obsolescence, and environmentally sound disposal procedures.

Effectively managing all aspects of physical assets is critical to greater return on investment and longer, more efficient usage. Apptricity Asset Management gives organizations the ability to fully optimize assets and unlock their full potential.

Comprehensive asset management

Apptricity Asset Management integrates asset assignment, reporting, maintenance and incident reporting. It is an end-to-end solution that delivers full asset budgeting, depreciation, allocations, tracking and real-time general ledger (GL) integration. Apptricity Asset Management tracks assets throughout the organization by employee, general ledger and/or cost center. Manufacturer and supplier warranties are tracked online and incident reporting is provided in real time to document problems and determine asset life, as well as defect tracking.

Process automation

Apptricity Asset Management automates each phase of the administrative process. Best practices are quickly configured and globally deployed across the enterprise in real time. Consistent and reliable data streamlines the reporting process and delivers greater efficiency. Further, it facilitates identification and analysis of assets by department, division, and cost center through an advanced query and reporting feature. Ineffective exceptions are quickly identified and segregated, expediting workflow processes and reducing audit costs.

Apptricity Asset Management enables regulatory compliance for FDA, OSHA, Sarbanes-Oxley and others, providing a universal view of service activities for everyone involved in service delivery and asset maintenance.

Complete asset tracking and scheduling

Accurate, real-time tracking and scheduling provides enterprises the ability to make strategic decisions on when and where to best position your corporate assets. By replacing faulty, incomplete tracking processes, businesses can significantly reduce asset shortages and stockpiling, as well as misdirected and misplaced assets. Streamlining and automating the movement of assets increases overall visibility and enables better business decisions as assets move within the enterprise or throughout the supply chain.