Asset Management Block
Asset Management Block in Hexbis EMS enables businesses to effectively manage, monitor, and optimize their assets from the time of deployment to the end of life. This is one potent asset management system that operates as a tight fit with our enterprise management system and our ERP system, which commands total control over acquisition, tracking, utilization, depreciation, and disposal of an asset, thus guaranteeing full ROI.
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What is Asset Management Block?
The Asset Management Block is one of the basic components of the enterprise management system, as it is intended to reduce the number of assets that have to be tracked and managed by businesses of any size. It has been combined with the ERP system, which enables companies to track, record, and manage both physical and digital assets on a real-time basis. Taking into consideration all these, it could be machinery, equipment, vehicles, or office infrastructure, the asset management system provides the correct tracking, control of costs, and compliance with regulations.
Key Features
Machine Asset Sale Management
Be efficient in the sale of machinery and equipment. Part of the asset management system in the ERP system, this functionality will monitor the correct valuation, documentation, and compliance when attempting to sell assets.
Asset Addition & Tracking
Be able to easily record the asset plus keep a track of the new ones found in the enterprise management system. Keep records that have much information on purchase date, cost, location, and condition so that it can be controlled better.
Asset Sale & Disposal Management
Automate processes involved in asset disposal so that it has total traceability. The asset management system also makes the financial and operational information transparent and correct by showing the sales or disposal consequences recorded in the ERP system.
Asset Depreciation Management
Calculate depreciation on an accounting basis automatically. This is one of the features of the enterprise management system that assists in accurate financial reporting and the management of the value of the assets.
this is how Asset management Block works