The modern business world has seen great strides in asset tracking solutions and technology, yet many businesses continue to use inadequate manual practices when managing fixed assets. The lack of proper asset management solutions can result in all kinds of operational inefficiencies that can lead to tremendous losses, causing you to lag behind your competitors in terms of controlling and managing asset inventories.
Asset management is an essential enterprise task that impacts many other aspects of running a thriving business, ranging from hardware and software management to regulatory compliance, as well as security. Successful asset management can save you significant amounts of resources and prevent all kinds of management headaches.
In today’s increasingly web-based business environment, adopting e-commerce solutions like Magento or Shopify not only allows for more efficient online store and retail operations—it also enables your team to organize products quickly and efficiently. These platforms offer robust catalog-management tools that—when combined with the right asset management solution from Annexus—can help your business soar even higher.
Effective asset management software will allow you the ability to conduct complete inventory audits without requiring physical or manual checks since you can create digital asset management extensions for all your featured items. Whereas commercial accounting and ERP applications offer stiffly structured, non-customizable solutions for item and asset management, Annexus Solutions can build you a fully-customized asset management and digital inventory environment complete with asset management tools that enable tailored processes and solutions like item attribute management, more extensive pricing features, and extended bill of materials definitions.