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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
Outsourcing allows businesses of any size to hire a virtual team to help them accomplish specific tasks in the most efficient manner. Business owners can employ talented employees around the world while being cost-effective. Having said that, managing outsourced teams requires effective collaboration so organizations can reap the benefits of outsourcing and get the best
Most organizations want and need to be fully aware of all the software and hardware they own. That’s even more true for the insurance industry, as technology is vital to their business systems, supporting nationwide and sometimes even international business operations. Moreover, many insurance companies use technology to gain an edge over the competition, especially
Asset management directly impacts everything. Not just the bottom line and growth of an organization, but its integrity and competence as well, especially for sectors like law enforcement, an industry that needs to manage and keep crucial assets safe. These assets may be expensive equipment required for industry operations, or they may contain sensitive information.
Manufacturing is an asset-heavy industry. You’d have to track equipment, parts, and even production lines to ensure that everything is working to its optimal capability. To keep operations running at this level, supplies and spare parts always need to be ready for production use or in the case of equipment breakdown. With all that, it
A smart asset vending system comprises four key components: the smart lockers, the touch screen panel for signing assets in and out, the RFID tags embedded in the assets, and the smart asset management system that ties everything together. This type of technology has a wide array of applications, and most of which are familiar
The United States Postal Service (USPS) processes and delivers 429.9 million mail pieces and 24.1 million packages each day. Most of them go to the workplace mailroom. This office section carries the vital responsibility of receiving, sorting and processing the stuff that comes in and the outgoing mail and parcels. Mailroom staff usually encounter challenges like