/ Archives for March 2016

Month: March 2016

48 Top Inventory and Asset Management Resources for Schools and Educators

Public schools districts, private schools, and higher education institutions have a responsibility to manage their inventory and assets appropriately, because there are so many stakeholders involved. These educational institutions receive funding, tuition, and other endowments that make them especially accountable to those stakeholders. More importantly, these institutions fall under the governance of the Governmental Accounting …

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Maturing Solar Sector Creates Need for Solar Asset Management

The solar industry has been around for quite a few years, but it’s just now ‘heating up’ as advances in technology make solar a more feasible source of energy for a broader user base, particularly as costs trend downward and the ability for solar systems to ‘pay for themselves’ in terms of reduced energy costs …

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What is Asset Management?

A Definition of Asset Management Asset management is a process for tracking and monitoring a company’s fixed and/or moveable assets for financial accounting, preventive maintenance, and theft deterrence purposes. Asset management is important for compliance and managing the bottom line, but it becomes especially complex for organizations with multiple locations, fleets, field service workers, or …

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Automation Impacts Facilities/Maintenance Management: Technology, Automation, and Mobility Transform Modern Maintenance Practice

Facilities and maintenance management are critical enterprise functions that have benefited greatly from advances in technology, yet some maintenance departments have remained stagnant for decades.  In other organizations, the introduction of innovative technology has made a tremendous impact on outdated facilities and maintenance management practices, inspiring some key trends likely to shift the industry as …

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