Focus on Asset Life Cycle Management of Physical and IT Assets — not only track the assets, but also manage their life cycles

Key business processes in the Life Cycle Management of physical and IT assets:

Record– Verifying, recording and reporting receipt of physical and IT assets (equipment, supplies and material).  Recording of assets can be done via data import, manual add and edit, or by connecting the eQuip! asset management software with ERP systems.

Use– Transferring and reserving assets, assigning assets to people, transferring assets among different locations, combining different assets into kits, and building components into assembled products.

Maintain – Supporting the repair, calibration, preventative maintenance of assets. Set up of work orders with parts and labor, and track these work orders.

Audit – Verifying the location and exact count of the assets, and providing proof that the assets are audited.

Report – Generating reports about the life cycle management of physical and IT assets to support decision making.

Dispose — Disposing and retiring assets at the end of asset life, for a variety of reasons.

Video: Check Out and Check In assets with Mobile Phones — Keep Track Chain of Custody