5 Mar 2021
Overcoming the challenges of managing your company's fixed assets

Idioma: EN | PT

The challenges of managing your company's fixed assets

assets management

If you are responsible for managing your organization's fixed assets, you certainly recognize the challenge of accounting, inventorying and monitoring them. This priority task leaves little scope for inaccuracies, as the cost of an error can be significant.

No mercado competitivo atual, é mais importante do que nunca que as empresas minimizem os seus riscos de conformidade baseando-se de métodos adequados. A gestão manual de ativos fixos pode absorver uma quantidade considerável de horas de trabalho, que seria mais útil ver dedicadas a outras questões. Uma solução específica pode oferecer-lhe visibilidade em tempo real sobre os seus ativos fixos e proteger a sua organização de perdas excessivas e riscos evitáveis.

Monitor and depreciate fixed assets

The monitoring of deletions, transfers, work, locations, materials and capital investments, as well as the generally accepted accounting principles, are examples of key information that you will want to easily access and filter on a single platform, so that data is always at hand. Digital monitoring allows you to customize the specific data you want to monitor via automation, which saves you the time you would spend searching manually, in addition to facilitating the analysis of information.
 

The importance of integrating workflows

The use of spreadsheets, even though it is common use, can fail when they pass from one employee to another, and an incorrect cell reference can lead to wrong values. This method does not offer real-time visibility and depends on manual data entry, which is more prone to errors. These inaccuracies can lead to bigger problems.

Having a centralized asset management system, lifecycles and performance data can help you solve the challenges between data and team collaboration. Integration into your organization's billing and accounting software adds another level of control and simplicity.

Advantages of integrating workflows with billing software:

- Purchase data is automatically loaded from one point of the company to another;
- Reduces human error and guarantees accuracy at each point of contact;
- Eliminates the need to duplicate entries or export data between systems;
- Allows the fulfillment of all legal obligations in order to avoid fines.


A fixed asset reporting and integrated accounting system brings you many other advantages in managing your company's assets. Discover the Sage Billing solutions available for your company.

Learn more about  Sage Billing solutions disponíveis para a sua empresa.

For more information, contact us.