What is Asset Management and Why it is Essential to Successful Businesses

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DeReader allows you to store and share information with anyone no matter the distance. This mobile and desktop app offers a complete solution to on-site fieldwork and more. Eliminate paperwork from your life. Connect your physical assets to any accompanying documentation. Share it with anyone, anywhere.

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What is Asset Management?

Whether you own a business or not, we have all participated in asset management. Asset management is the process of keeping track of our tangible and/or intangible assets. It provides a full spectrum view of the life-cycle of an asset. From pre-purchase to implementation, utilization, renewal and disposal.

In order to maintain our foothold and increase productivity companies have to adopt advanced asset management tools to keep up with the everchanging world. As technology evolves and our businesses grow, choosing the right asset management system is essential, but with so many options on the market, this choice can be daunting.

DeReader has helped many organizations manage their assets effectively and with ease. The mobile and desktop app allows you to share your asset’s information in seconds. You simply scan the DeReader QR Code and all the information is ready for you to view. This unique QR Code can be physically printed and attached to equipment or stored and shared online. If your asset needs its information updated, you can easily update it on the App, there is no need to reprint documentation. It is the ultimate one-stop-shop for all your asset management needs, keep track of your inventory, monitor the lifecycle of your equipment, share documentation with employees and much more!

Why is Asset Management Essential?

Business

Every successful business has a system to manage its assets. Properly managing your company’s assets helps you maximize your returns while saving costs. It provides long-term benefits as it is an effective way to track performances, monitor costs, access risks, manage future plans and save time.

Studies have shown that over 80% of employees spend 30 minutes a day retrieving information. This is common in jobs where employees need access to paperwork. Implementing an asset management system like DeReader can combat this issue as employees can gain instant access to information on-site or online via a scannable QR Code.

Personal

Asset management isn’t solely reserved for businesses, we can benefit from it in our everyday lives. Using an asset management tool can help you organize and safeguard your home, vehicles and important paperwork. With the DeReader QR Code, you can store your information online in a password-protected email or in a safe.

Keep track of documentation like insurance, receipts or renovations and protect important paperwork like financial records, birth certificates, school transcripts, and immunization documents from unforeseen accidents. An asset management system not only helps you organize your day-to-day activities, but it also provides an extra layer of protection for you and your family.

How it works:

View our ‘How to’ Guide:

https://energynow.ca/2022/02/how-it-works-a-step-by-step-guide-to-managing-your-assets-with-dereader/

With the right asset management tool, you can save your company a huge amount of time, money and headaches. DeReader offers asset management solutions for your business and home. Grow your business and organize your life with this state-of-art mobile and desktop app. Visit https://www.dereader.ca/ for more information, download the app today and change how your business operates!