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Nowadays, most businesses require a moderate amount of IT assets to remain competitive. And for this reason, IT asset management (ITAM) is becoming a very common company practice. By combining service, finance, and technical management functions, businesses can keep track of their IT hardware and software lifecycle as well as create a balance between spending
The fight against the coronavirus continues, but businesses have to persist despite this massive hurdle. Everyone, including your workforce, may be concerned with their health, safety, and financial status caused by the pandemic. Business owners need to increase their support for a new system that allows their team to function and thrive remotely. Creating an
Asset management is an inherent necessity for every business. Without it, the performance and efficiency of the company will suffer, leading to a waste of resources. To put it simply, the better you manage your assets, the more money saved. As businesses get bigger, manually tracking assets becomes less and less feasible. For this reason,
The present global economic decline is opening the eyes of many businesses to one crucial fact: asset management can make or break a company. And contrary to popular belief, it is more than just counting inventory and typing it in a spreadsheet. This essential cog in the system not only helps companies keep afloat even
The pandemic isn’t going away any time soon, and it’s time for businesses to take a step back and reorganize. With almost every industry suffering from huge losses each day, many are now looking for potential solutions. Businesses are now relying on a mostly remote workforce and an on-site skeleton crew to manage day-to-day operations. With
The mismanagement of resources will always be a company’s biggest downfall. The best solution is to implement a smart asset management system that streamlines the organizational process and makes it more effective. Both the workforce and the business can benefit from such a system. Fortunately, we now have modern tools at our disposal that utilize
Without a proper asset management system in place, companies experience several issues, including: Ghost and Zombie Assets When a company’s resources are not diligently tracked, ghost and zombie assets begin to surface. Both of these issues need prompt action because they waste time and money. Common problems caused by these assets include higher tax liabilities
Aside from people, which are arguably the most useful resource of any company, IT assets are almost just as important. Diligently tracking each one solves numerous industry-related challenges and provides a streamlined system that allows companies to become more efficient. To help you out, we’ve compiled a few IT asset tracking solution tips that every
With a full-blown pandemic on our hands, the educators and trainers have to adapt and make the switch to remote blended learning. Unlike your traditional classroom environment, this method of learning involves the use of digital platforms as the medium between the teacher and their students. Educators can use online assessments, video conferencing tools, and
IT assets continue to drive the establishments of many businesses and entrepreneurs upward. As with any good thing, however, there is a downside to adopting this technology. Modern marvels like cloud computing, smartphones, and laptops have a potential for security breaches. Fortunately, a little bit of preparation makes these issues less threatening. The eight steps
Fixed assets are important investments of an organization. Eventually, as the business grows, the number of fixed assets grows as well, and this growth comes with a lot of tracking challenges, which increase costs to an organization by up to 10% per user. That being said, there is a way to make asset tracking easier even
Small businesses need technology to give them a chance to level the playing field and compete with the big guys. Fortunately, businesses of all sizes have access to the same technology which they can use to boost productivity and sales. Here are three must-have tools that small teams can integrate into their day to day
Inadequate skills or lack of experience inhibits an employee’s ability to perform successfully at their job. Unclear direction about responsibilities and expectations for achievement contribute to poor performance, risking staff conflict, and unproductivity in the workplace. More often than not, a small tweak in a company’s operating procedure can do wonders in team performance. And
In traditional locker management, you issue keys to employees, then record who has what keyson a paper tracking system or a spreadsheet. It may seem at first that this traditional way of managing lockers is cost-efficient and effective. The truth is, this method is time-consuming and doesn’t have a way to keep records organized, prevent
Long before the pandemic hit, the education sector was already gearing towards the integration of technology into school curriculums. And 2020 only amplified that desire, as the importance of technology in learning became more evident. According to the results of this EdWeek Research Survey, 73% of district leaders and teachers believe that 1-to-1 computing will make
Many business owners are shifting to digital in many ways, from hiring remote workers to adapting operations to include more digital transactions. Part of this growing trend to “go digital” is due to the COVID-19 pandemic. Although many people consider the coronavirus as the driving force behind these workplace improvements, it was only one part
Cyber-attack is probably one of the worst nightmares of a modern organization. And unsurprisingly so as data breaches are not only expensive, it’s also difficult to recover from them once the damage has been done. More hackers are attacking US corporations ever since more staff started working from home and this has resulted in vulnerability in networks.
Business models are changing due to numerous factors, making outdated workplaces prone to breaking due to economic conditions’ internal weaknesses. Although economic downturns, like the one brought about by the COVID-19 pandemic, have a considerable impact on establishments, it’s not the only visible threat to your business’s success. For this reason, it’s necessary to identify