Financial Asset Management

A company's or an individual's finances are very important in a lot of ways. Having a lot of assets right now is not a guarantee of stability especially when one considers today's erratic economy. Financial asset management is an effective way of handling one's financial assets which can take its place in various forms. When done right, financial asset management stretches the full potential of one's assets.

Financial asset management is responsible for managing and guiding investments and assets for increased returns. The risks and costs of managing these are also considered to make them last over their entire life span. The services that financial asset management provide commonly include but is not limited on checking services, credit cards, debit cards, margin loans, automated transfers from one account to another, and even brokerage services.

One's ability to write checks either as a form of payment or as a bond between the company and their suppliers or the individual and his/her concessionaire may be an indication of the company's or the individual's capacity to pay based on the assets that are currently in their or his/her name. Financial asset management also utilizes this method as a form of payment deferment for even better handling of finances. Financial asset management also handles credit and debit cards, allowing for proper management and on-time payments. Cash balances may also be automatically transferred into money market funds depending on the clients' discretion and is made easier through financial asset management.

Financial asset management tracks and records all the transactions made which are then organized then stored, ready to be accessed for future use. The centralization of the financial assets of a company streamlines the asset management process which gives the clients an idea of how well they are doing as measured by their financial assets. Upon knowing their financial status, the different options as to how to invest or maximize their assets are made available to them to further increase returns.

Asset Management provides detailed information on Asset Management, Asset Management Software, Asset Management System, Digital Asset Management and more. Asset Management is affiliated with Offshore Asset Protection

Asset Management FAQs

Although asset management has been around for some time now, its popularity among industries has only been apparent in the last few years. People do have quite a number of questions regarding asset management especially if they are interested in employing the services of asset management companies.

What is asset management?

Asset management refers to the method that a company or a specialized asset management firm uses to track all fixed assets such as equipment, chairs, tables, computers and technology and even building which are owned by a company or an individual. The tracking of he physical location of these assets, the ways which can be used to manage these assets, and accounting for amortizations, depreciation values and future resale values of these assets are also part of asset management.

How can asset management be an affective financial tool?

Asset management makes it easier and more efficient to manage the assets owned by the company or the individual and looks into ways of investing these assets for added returns. Collective investment schemes, pension funds, private banking and wealth management are some of the ways which handle assets that make asset management more efficient and increase one's assets.

What are the processes involved in asset management?

Asset management involves a number of processes which are all designed to increase the productivity of companies or individuals. Asset management services include planning, procurement, accounting for daily operating costs through disposal; tracking physical location of these assets; and accounting tasks such as amortization and depreciation. Asset management also establishes contact with suppliers which make it easier for companies to contact these suppliers for service, warranties and replacement.

Why is asset management useful?

When one keeps track of important information regarding one's assets, assets may be properly accounted for, from whom these were purchased from; who uses these assets, where these assets are located, the suppliers to contact for support, and even lease expirations and the right disposal period may provide the basis for managing and optimizing the assets of the companies or the individuals.

Asset Management provides detailed information on Asset Management, Asset Management Software, Asset Management System, Digital Asset Management and more. Asset Management is affiliated with Offshore Asset Protection

What is Asset Management?

Asset management describes the management of assets that are invested on behalf of different sectors. It is the process of managing money for individuals and companies alike through stocks, bonds, and cash equivalents among others. It is often used in the financial services industry and is made possible through professional investors who manage an individual's or company's assets based on pre-determined objectives and investment styles. Private banking, wealth management, collective investment schemes, even pension funds are some of the ways in which people manage their assets. There are also other ways of properly managing assets that are available for companies as well.

Asset management espouses the timely and proper management, maintenance and even tracking and disposal of assets, whether of companies and corporations or individuals. Asset management claims to manage the risks of losing all assets through time, which is especially important in businesses and individuals alike. Businesses consider asset management as an important facet in their industry since the services that asset management offers may increase sales while handling the companies' costs over time. A company's financial assets are maximized when companies utilize asset management services.

Companies often use asset management as a method to track their fixed assets. Asset management allows companies to control assets from procurement, daily operation and maintenance and even disposal. Assets include desks, chairs, computers, factory equipment and even buildings. Aside from tracking assets, asset management also manages the demand for resources and accounts for asset values and depreciation. Asset management organizes all these information to keep track of vital data that would enable companies to be aware of assets costs, from whom these equipment were purchased from, who uses these devices, where these are located, which company to contact in the event that these machines are damaged, even depreciation rates. Knowing all these would help manage the companies' assets and would eventually optimize the companies' assets.

Asset Management provides detailed information on Asset Management, Asset Management Software, Asset Management System, Digital Asset Management and more. Asset Management is affiliated with Offshore Asset Protection

Asset Management Advisors

Asset management firms employ certified and competent asset management advisors who make it easier for companies to manage their assets. Asset management advisors are equipped with the needed skills, knowledge, expertise and connections to manage a company's assets to make these assets manageable for the companies and the people who work for the companies.

Asset management advisors help companies manage their assets in a variety of ways. They provide useful information regarding how assets must be managed properly and are also responsible for organizing these assets into easily accessed and easy to use formats which makes for convenience in the part of their clients.

Although asset management advisors may manage assets manually, this may only be limited to small industries having only minimal assets. However, for larger companies with bigger assets and for small companies whose assets are steadily increasing, asset management advisors employ asset management software or other pc-enabled tools that make the tedious job of asset management more efficient and less time consuming. When using asset management software, advisors are also tasked to tutor the users regarding its proper use. Further, the use of asset management tools prompted by asset management advisors increases the company's productivity since it provides relevant information about their assets without employing additional personnel to run these for them.

Aside from managing a company's assets, asset management advisors also provide feedback to their clients, making them aware of their assets. Such reporting is deemed useful for clients to see how much they have so far and what they can do to manage their assets. Knowing how to manage assets also enables companies to invest wisely; think of ways to cut-down operational expenses; and increase their productivity.

The services of asset management advisors are not only demanded for by companies, more and more individuals turn to them as well especially in terms of total wealth management. This is especially true for people with lots of money. Asset management advisors offer guidance and management counseling for their clients, whether they may be companies or individuals, relevant in handling their assets. Considering the reasonable rates that they charge, it is not wonder that asset management investors are becoming more searched for in today's finance markets.

Asset Management provides detailed information on Asset Management, Asset Management Software, Asset Management System, Digital Asset Management and more. Asset Management is affiliated with Offshore Asset Protection

Financial Asset Management Systems

Financial asset management systems are also referred to as IT asset management services and are computer-run systems that keep inventory, track hardware and software assets that manages client's technology assets. These include the procurement, leasing or eventual selling of these assets. Originally intended to maintain management systems, financial asset management systems have be revised numerous times and are now used to more efficiently work on preventing and predicting system maintenance, recording and tracking equipment, coming up with inventories for parts replacement, and even providing labor scheduling. It is the primary goal of financial asset management systems to make asset management more reliable, accurate and efficient. Centralizing assets making them at arm's reach of the clients and even their suppliers as well.

There are a number of financial asset management systems available in the market nowadays. Although these systems may be quite costly, their popularity remains steadfast due to the rewards that companies may get out of their use. Before investing on a financial asset management system that works, companies must consider some important factors.

Because of the huge amount of data that is put into these systems, companies must consider the system's ability to store them in such a way that information may be easily searched for when needed. This makes it more convenient for the companies and the suppliers alike when searching for the information that they need. Another important consideration when buying financial asset management systems would be ease of use. Systems which are user-friendly and are easily manipulated are more preferred than other systems due to obvious reasons. It also lessens the likelihood of having to train people specifically for the use of the system itself, rather it may be used by anyone from the company.

Financial asset management systems also provide real-time updating and superb archiving for added efficiency. They may even include added features such as reporting and cataloguing and may even be customized to fit the needs of the company that will be using it.

Asset Management provides detailed information on Asset Management, Asset Management Software, Asset Management System, Digital Asset Management and more. Asset Management is affiliated with Offshore Asset Protection.

Media Asset Management

In the media industry, images and media files are considered to be assets since most of these are copyrighted and are exclusively owned by the companies themselves. Nowadays, most of the images are stored as media files and are protected and secured by companies which add to their assets.

Keeping track of all media files can be quite tedious for media companies, which is why media asset management remains a strong option to help companies manage their media assets. There are a number of firms who offer media asset management, and though the offer valuable service, usually result to the use of media asset management tools that can be bought, leased or even acquired for free.

Media asset management allows companies with media assets to view, organize, search, and process all media files in a convenient and organized manner. Media files such as images, movie clips, fonts, RAW images and sounds are some of the media assets that are supported by almost all media asset management software available.

Media asset management allows clients to view media files in a number of ways, also including information about the media files being viewed. This feature enables clients to keep track of the media files that they wish to keep, and also makes it easier for them to search for and eventually edit then use their media files. In the cutthroat media industry, finding the media files that one needs quickly is crucial. Media asset management organizes all media files which make it easy for users to find and access the files that they need.

Media asset management also recognizes the importance of protecting media files, especially since these are often irreplaceable. Media asset management systems make it easy for users to protect their media files by providing password protection that may enable users to publicly display their media files without worrying about these files being messed up or "stolen."

Asset Management provides detailed information on Asset Management, Asset Management Software, Asset Management System, Digital Asset Management and more. Asset Management is affiliated with Offshore Asset Protection.

Private Asset Management

It is quite difficult for companies and industries to manage all their assets especially if their assets take on various forms such as properties, finances, stocks and the like. There are instances that the sheer quantity of assets makes it hard for companies to handle them, often needing a specialized arm or division of the firm to manage their assets properly for optimal use. Even if asset management is often for companies or industries, there are cases when individuals turn to the services offered by private asset management to help them properly take note of their assets so they can manage these for greater returns.

Private asset management is usually for individuals who have a huge amount of investments that they consider as their assets. Wealth management is one of the services that fall under the umbrella of private asset management and is a common service utilized by those who are extremely rich. A private asset management advisor is usually tasked to take on the tedious job of tracking down all the assets of an individual or a family, creates an easy to comprehend and use database and also takes note of the locations, taxes, suppliers from which these are from, and even the depreciation costs and further earning potentials of assets.

Retirees are also some of the clients with which private asset management is quite popular. This is especially true if the retirees have never been in possession of vast amounts of money and are now faced with the challenge of managing the assets which they have acquired through time and through various retirement benefits. Making these assets last until their demise or managing them to obtain interests through timely investments so they have something to leave their loved ones are some of the ways in which private asset management works well for retirees.

Although private asset management does not come free, the reasonable rates by which its clients are enabled to properly management their assets makes up for the fees, hereby making it quite popular among private individuals.

Asset Management provides detailed information on Asset Management, Asset Management Software, Asset Management System, Digital Asset Management and more. Asset Management is affiliated with Offshore Asset Protection.

Asset Management Services

Managing one's assets to maximize returns is one of the popular options that a lot of companies turn to for optimum company growth. There are a number of asset management services available for individuals and companies alike, which allows clients to choose from among these services the one that would best fit their needs and goals. Asset management services may also be customized in such a way that the company's objectives and terms of use are followed for even added efficiency.

The services that asset management firms or asset management advisors vary depending on their client's needs. Although these services basically have the same premise, that is to manage the asset or the money of companies and individuals which can be done in several ways. Retirees who turn to asset management services usually employ asset management advisors or firm to manage their retirement plan for day-to-day management, living expenses, even health care, and may even include travel options as well. Availing asset management services would be a good option for retirees who seek to stretch their retirement fund without having to pool their finances with other investors the way that mutual funds do.

Asset management services also include account services that provide check-writing opportunities, credit or debit cards and automatic transfers from one account to the other. The latter is of great convenience between companies, their suppliers and their customers.

There are also asset management services that manage one's money through stocks, bonds and their cash equivalents. These services are more complex than the other services since expertise and much knowledge is needed by asset management advisors in the fields of asset management and the stock markets. These services are subject to pre-set objectives made clear by the clients who are also made aware of the different investment styles that may be used to manage their assets for optimization.

Asset Management provides detailed information on Asset Management, Asset Management Software, Asset Management System, Digital Asset Management and more. Asset Management is affiliated with Offshore Asset Protection

Property Asset Management

Property asset management is part of asset management and includes property selection, the implementation of policies and performance standards for the said property, and the proper monitoring of the property's performance to meet the owner's objectives. In order to properly manage one's property assets, several factors are considered prior to acquiring properties.

Since acquiring property requires investing money and finances, asset managers work closely with their clients in planning as to which properties must be acquired. Careful planning that includes brainstorming, comparing the characteristics and prices of the items to be acquired, and checking on their importance to the client in meeting his/her or the company's objectives are done carefully. These steps are taken to ensure that the company is making the most out of their investments, acquiring properties which are not only useful and functional but are also reasonably priced. After proper planning, property procurement comes next. The process of procurement includes ordering the items needed and receiving, checking and making sure that the items ordered are in good working condition.

Property asset management also takes into account the operating costs of the properties that a company has. Operating costs include the daily costs which companies have to shell out for which enables machines and technology to run. Ensuring that machines and technology are in good working condition would maximize productivity and increase the company's earnings.

Property asset management also employs proper financial management. This involves accurate taxes, close depreciation estimates, and other costs. Because of depreciation or in the event of bankruptcy, companies may dispose of properties as well. Once machines and technology are disposed, these are required by law to be removed from the company's asset statements that asset management takes care of.

Property asset management is slowly becoming an efficient tool which enables companies to maximize production as it manages the properties and may be customized to fit the needs and the goals of the companies which they render service to.

Asset Management provides detailed information on Asset Management, Asset Management Software, Asset Management System, Digital Asset Management and more. Asset Management is affiliated with Offshore Asset Protection

Asset Management Companies

There are a number of asset management companies which offer a wide range of services. These companies offer the essentials which cover asset management and may even offer added services depending on their clients' needs and also on the industry that these companies are in. Perspective consumers must always be on the lookout prior to employing the services of asset management companies since there are a number of asset management companies that are only after their clients' money and do not actually offer competent services fit for the fees that these companies charge their clients.

The services that asset management companies offer include the management of all their assets including financial investments, production machines, technology, even desks, chairs and other substantial supplies. Asset management companies render their services from planning on which supplies and technology or devices to buy and provide relevant help in procuring these equipment. Handling financial investments, including tracking, recording, properly accounting for, and even further investing these are some of the services offered by asset management companies to enable these companies to make the most of their financial assets. Also, asset management companies render services which help their clients to come up with an easily accessible information database for their clients' convenience. Keeping track of suppliers and also making them easy to contact upon procurement needs is also one of the services that asset management companies offer. This is especially useful when devices are in urgent need or when any of these equipment are damaged and may need replacement.

Asset management companies offer a wide range of services including properly keeping track and recording all of their clients' assets to make them easier to manage. The sheer number of asset management companies available would provide plenty of options that are attractive to a lot of companies. Consumers are advised to exhaust their efforts in searching for the right asset management company that would best fit their needs.

Asset Management provides detailed information on Asset Management, Asset Management Software, Asset Management System, Digital Asset Management and more. Asset Management is affiliated with Offshore Asset Protection

What Is An Asset Management Advisor?

An asset management advisor is a person that helps with the task of managing your assets. This is what an asset management company dose as well. The difference being, that one is hired to do the job of managing your assets and the other one is hired to teach you how to manage your assets.

Both are based on outsourcing the task of asset management; however, you will most likely want to hire a company that specializes in asset management if you want this task to be done in a professional manner, especially if you don't have the expertise or the manpower to do it internally. On the other hand, an asset management advisor is what you will want to hire to aid and advise your existing team of professionals.

Does an enterprise need an asset management advisor permanently?

If you are a medium to large size enterprise then you are probably in constant movement in regards to your asset management. There are daily procurements, requisition for procurements and the discarding of old assets. With this in mind the enterprise that already has a good asset management system in place that is uses exceptionally well designed software, should run in a smooth fashion. However, if your company is lacking in any of these areas, you will definitely need help from a outside source.

Without an accurate, automated systematic approach to asset management it is impossible even for a seasoned manager to make the right decisions concerning your companies assets. It is very important to have a good asset management team in place. Once you have a good team in place and the reports are flowing in it is likely that a good manager will be able to make business forecasts by looking at the utilization and requirements of the assets available.

The role of an asset management advisor

A good manager will always take the opinions of experts into consideration before making any critical decisions regarding the future of the organization, marketing plans and expansion of the company. He or she will also need the advice of an expert when it comes to financial investments and asset management.

An asset management advisor, provides expert advice by analyzing all of the given factors in an enterprise, and working out the required reports concerning any changes that take place in any organization, this includes expansion too.

If you would like to learn more about asset management and how an asset management advisor can benefit you or your company then visit http://www.assetmanagementinformation.com

Swiss Bank Account Swiss Asset Protection Trust Swiss Wealth Management Portfolio Managers

Swiss banks can offer a range of Swiss bank accounts to suit your needs. There is no cost to arrange a confidential consultation to discuss your Swiss bank account needs. Swiss Banks will provide information about Swiss bank accounts,ranging from the classic Swiss bank account, Swiss private bank account Swiss internet bank account and investment fund accounts to the highly prestigious numbered account. Swiss banks can provide an account ideally suited to your needs.

Accounts can be opened by mail negating the need for you to visit Switzerland in order to open an account. Additionally a number of services such as internet banking, mail retaining, credit cards and investment options can be set up on these accounts.

Account officers can be appointed speaking English, French, German, Italian, Russian and Arabic and the service can be customised to your needs.

See http://www.swissbankaccount.biz

A Swiss private bank can offer asset protection for clients with a substantial liquid net worth. Offshore asset protection is becoming increasingly popular with clients seeking to safeguard their savings from litigation, punitive taxation or possible future divorce settlements by distancing themselves from their assets in the eyes of the law. Swiss private banking consultants are highly experienced and can offer you the very best advice and services.

See http://www.swissprivatebank.com

Bank secrecy is not lifted for tax evasion. This is because failure to report income or assets is not considered a crime in Switzerland. As such, neither the Swiss government, nor any other government, can obtain information about your bank account. They must first convince a Swiss judge that you have committed a serious crime punishable by the Swiss Penal Code.

Bank secrecy will not be lifted for private matters such as inheritance or divorce if you have kept your banking information strictly confidential. It is up to plaintiffs to prove that the account exists if they wish the judge to pursue the case.

Asset Management Software Online

Asset management software applications that are connected to an enterprise wide network or the Internet are referred to as online asset management applications. Connecting these applications to a network offers several benefits. In case of online asset management applications for manufacturing companies, trans-receivers are embedded in critical pieces of equipment which communicate with the asset management application allowing maintenance personnel to track the functioning of the equipment in real time, taking preventive maintenance measures and quickly attending to breakdowns. Online asset management applications also help companies manage their inventory from any location by simply using a Web browser.

Online digital asset management applications help information technology departments monitor all the hardware and software installed on the enterprise network. The advanced versions of these applications also help managers remotely control the hardware and software applications installed on the servers.

For media and advertising agencies, creative products like artwork, videos and images are also digital assets. Specialized web-based asset management applications for this industry help media companies automate the process of viewing, publishing, maintaining, and marketing their multimedia gallery or store. Software product development companies use online asset management applications for electronic distribution and management of the digital products they have developed.

Human resource online asset management applications help the HR department to track employee performance, manage talent and identify star performers. These applications also help in working out hiring plans, storing resumes, and tracking hiring status.

Several finance Web sites also offer their customers a feature to track their financial assets such as stocks and mutual fund investments online. These Web sites track stock price movements in real time and net asset values of mutual funds on a daily basis. Using the Internet a customer can log on anytime to these Web sites to get the latest status on their financial assets.

Asset Management Software provides detailed information on Asset Management Software, Digital Asset Management Software, Inventory Asset Management Software, Fixed Asset Management Software and more. Asset Management Software is affiliated with Free Project Management Software

Free Asset Management Software

Asset management software applications that help a company optimize its asset utilization are highly sophisticated applications providing comprehensive functionality and are usually not available for free. However, a few companies offering information technology asset management software applications and other limited functionality asset management software provide free versions or trial versions that can be used free for a limited period of time.

Information technology assets include computers, printers, scanners and software licenses. Several firms have developed asset management software specifically for information technology assets.

SysAid is one such firm that offers free Asset Management Software. The available version is completely free, with no trial period, but the limitation is that it works in organizations with less than a hundred computers. If an organization with larger IT assets wants to use this software, it has to buy the full version from the vendor. The software enables you to view details of the hardware, the software, the manufacturers, the printers, and other assets on one?s network. It also prints reports of the organization?s hardware/software inventory.

Similarly, FootPrints? Asset Management software is available for free for an evaluation period of thirty days. This software among its many functionalities helps maintain software license compliance by automatically creating a dynamic audit of all software applications across the organization.

Free asset management software applications for management of financial assets are also available but are comparatively difficult to locate. These usually are meant to help an individual construct a portfolio and manage his or her investments. Web based applications are more commonly available.

Freeware and shareware versions of asset management software applications are available on popular download web sites such as www.download.com and www.freedownloadscenter.com. These sites also usually provide user reviews of the software applications as well as provide ratings based on user feedback.

Asset Management Software provides detailed information on Asset Management Software, Digital Asset Management Software, Inventory Asset Management Software, Fixed Asset Management Software and more. Asset Management Software is affiliated with Free Project Management Software

Advances in Asset Management Software

Asset management software has been around for some time now. The initial versions of asset management software applications were basic in terms of their functionality. The only function they were able to provide was to help create a list of assets with details of their purchase date and manufacturers. Slowly, improved versions of asset management software applications began to be introduced by various software product development companies.

Today asset management software applications have become quite sophisticated. The functionality offered has increased manifold to the extent that these applications have become complete asset management solutions. The present versions of asset management software applications not only help a company manage the purchase and maintenance of assets but also help in the creation of strategies and practices that result in cost reduction and enhanced productivity. They now track assets through the whole lifecycle of an asset, from the purchase until the asset is retired or the lease has ended.

Digital asset management software applications that help manage information technology assets have witnessed huge changes. These can now detect all the computers that are present on a network, verify the licensed copies of software applications installed on these computers and even control the computers on the network remotely. Some of these applications also have the capabilities of providing auto-alerts and notifications which instantly inform the respective department of changes to IT assets on the network. FootPrints Asset Management software for example, is able to run searches and reports to get metrics on current and historical asset information, which is broken down by hardware type, operating system, software manufacturer, among other things.

Given the pace at which technology is changing, it is not surprising that these applications have advanced so much. Even so it is sometimes incredible what these applications are capable of if used to their maximum potential.

Asset Management Software provides detailed information on Asset Management Software, Digital Asset Management Software, Inventory Asset Management Software, Fixed Asset Management Software and more. Asset Management Software is affiliated with Free Project Management Software

Asset Management Software Methodology

The term asset management usually refers to the management of an investment portfolio. However for a business, assets may include real estate, plant and machinery, vehicles, furniture, computer hardware and software besides financial assets. Human resources are also a form of assets for a company. Companies depend on all these assets as being key drivers of the business; however, they often do not have a comprehensive asset management system in place to optimize their utilization.

Companies are now increasingly recognizing the need to manage assets from a strategic perspective across the entire organization, rather than solely from a purchase or maintenance point of view. From the shop floor to the executive suite, the responsibility of maximizing the value of assets is a responsibility that extends to all.

Asset management software is a software application that helps a company optimize the purchase, maintenance and utilization of assets that are critical to business and financial performance, throughout their life cycle. This is an important source of cost savings for company and also provides productivity enhancement and regulatory compliance.

Asset management methodology has four inherent characteristics. These include asset management strategy, practice, project management and benefit realization. Asset management software methodology is the delivery framework related to asset management software that incorporates these four characteristics and brings together deliverable components that are priority-based, gradual, and progressive.

Asset management software applications generally follow a modular and scalable methodology that allows the application to be customized to the meet the differing needs of individual companies. Depending on their scale of operations and assets involved, a customer company can choose which modules will be best suited to meet its requirements in the implementation of an asset management solution.

The software methodology followed by good asset management solutions begin by defining the revenue streams, connecting the assets to the revenue streams and helping in realizing improved asset utilization leading to enhanced productivity and reduction in costs.

Asset Management SoftwareFree Project Management Software

What Is Asset Management Software?

Asset management is the administration of a company's asset by a group of individuals, entirely dedicated to the purpose of maximizing profits. It deals with the company's future economic benefits in monetary terms by keeping a check on cash balances, credit cards, debit cards, margin loans, and brokerage services. Asset management also involves infrastructure, plant, property, and human resources of the company. Company's assets can be managed either manually or using software applications. However, for avoiding wastage of resources and the resulting inefficiencies that slow down business returns, asset management software is a high-quality solution.

The asset management software is designed in such a way that it can keep track of the company's assets and provides data for analysis. In other words, asset management software helps to keep track of, monitor, and analyze business processes and resources. It replaces the manual work of asset management and provides with automatic solutions, which help to speed up the work and minimize errors. This asset management software helps in diverting individuals to more productive work; it saves time by eliminating manual file management. It proved beneficial to skilled professionals to manage time and efforts in searching for the required data. This results in the optimum utilization of resources, thus, increasing the productivity of the company.

This software helps in keeping track of an asset, its purchase value, all service costs, reduced value, and its benefit. The team then uses this information for analyzing and evaluating the present value of the asset. This analysis helps companies to implement their further plans regarding allocation of assets to the company's various departments. It also helps the organization to evaluate whether the asset is in usable condition, needs upgrades, or needs to be replaced.

Asset management software is an effective tool for a company to manage its material goods, analyze statistics, and arrive at business decisions. Various departments can access this asset data by the company's intranet. The accurate data analysis leads the company towards a better assets management.

Asset Management Software provides detailed information on Asset Management Software, Digital Asset Management Software, Inventory Asset Management Software, Fixed Asset Management Software and more. Asset Management Software is affiliated with Free Project Management Software

Benefits Of Asset Management Software

Asset management is the processes of planning, designing, and implementing advanced systems in managing a company's assets. It controls and increases the efficiency of the assets owned by an organization. It includes management of a company's infrastructure, plant, property, and human resources. The various components of assets may vary according to the industry type and needs. As business scenario is becoming more complex with large number of employees, their individual work profiles, and workflow spread over various departments; managing data and records manually is nearly impossible and hence, asset management software provide the apt solutions.

Much asset management software is presently available in markets. It enables efficient managing of companies' assets and is considered an important tool in any company's performance. This software also manages physical attributes of an asset such as finalizing the purchase requests, valuation, depreciation, asset receipts, and maintenance, warranties, and user data. They entirely manage all the business management issues comprising of cost management, capital budgeting, expense accounting, financial planning and reporting. With the administration of tangible goods, raw materials, finished products this software also manage their intellectual assets.

Asset management software provides analysis of data, which helps company to make new strategy plans for cash flow, helps in the finest utilization of resources, and in turn increase the productivity of the company.

Some other benefits of asset management software include automatic tracking of all hardware and software across the entire network of management systems, identification of unlicensed software installations, enhanced helpdesk productivity by presenting accurate inventory information, and generation of web reports that can be printed or emailed. Various departments of the company can access this asset data by the company's intranet.

Several websites also provide the latest versions of asset management software, either free of cost or at minimal prices. The buyers can compare features of the software of various companies along with their prices and accordingly choose the appropriate deal, which best suits their needs and budgets.

Asset Management Software provides detailed information on Asset Management Software, Digital Asset Management Software, Inventory Asset Management Software, Fixed Asset Management Software and more. Asset Management Software is affiliated with Free Project Management Software.

Asset Management in the Supply Chain

Over the last decade more and more companies have implemented returnable and reusable transit packaging fleets and pools, whether it is pallets, tote bins, steel stillage, cages or even wooden crates. What is guaranteed is that these fleets require a capital investment, (whether directly or by a fleet / pool provider), and should be protected as you would any other company asset.

The specifications of the packaging vary enormously depending on the industry, the application and budget. However one thing common to many of the established packaging fleets or pools is that when they were originally specified, costed and implemented, a number of elements were not considered, and often still aren?t. These include repair and maintenance costs due to normal wear and tear as well as misuse, equipment loss, stockpiling and extended dwell and cycle times, lifespan of the equipment and the flexibility of the chosen design to adapt with developing and changing supply chain demands. These elements all have a cost impact, which can be substantial, and surprisingly many companies are either unaware of the real cost of their packaging pools, or just accept that it is a high cost and budget accordingly.

The key to managing costs of a packaging fleet is the in the initial equipment design and specification, the processes specific to the fleet within the supply chain and having an effective management and control system which can be easily integrated into the existing supply chain operation.

The starting point is therefore establishing the objectives of the packaging fleet and the requirements within the supply chain that you are looking to satisfy. Analysis of the operation and supply chain requirements, now and for the next five years, needs to be carried out and once the objectives and requirements are confirmed then the methods of handling and the type of packaging required can be established and specified. Success will be facilitated by a simple cost effective process design, which adds value to the existing operation by generating ?self funding? fleets, to include cost control mechanisms to reduce cost of damage, loss and misuse.

Process designs are unique to the individual customers supply chain needs, whether it is a simple hub and spoke operation or a complex multi tiered supply chain. Identifying the subtle differences between the needs if an inbound or outbound pallet or container pool is crucial to a successful solution.

The actual equipment design must take into account the physical requirements of the packaging, as well as the lifespan under actual working conditions, the ease of maintenance and repair, the ease of handling and of course the capital investment. It must be remembered that when costing a fleet it will probably be an initial high capital cost, compared to disposable packaging, but it is also an asset that can be depreciated over a number of years. The annual cost of running the fleet can be budgeted and this will vary depending on the individual supply chain needs. However these costs can also be monitored and controlled with a suitable management system.

There are a number of asset management systems being used to manage fleets or pools, and experience shows that a simple system, using established technology can provide the perfect tool for controlling your fleet effectively.

The objectives of a fully integrated pro-active fleet management system are as follows:

? To reduce overall packaging fleet costs
? To increase fleet visibility and cost control
? To optimise packaging fleet utilisation and minimise cycle times
? To provide proof of accountability for damage and loss
? To manage a repair and maintenance program

A suitable system should be modular, enabling it to cope for example, with a simple hub and spoke operation developing into a more complicated multi-tiered supply chain over a 3 to 5 year period.

Equipment losses can be put into two categories, actual loss and perceived loss. Perceived loss is where it is assumed that the equipment is lost as no one can account for its physical location. In reality the equipment is sitting in a warehouse or yard area unaccounted for and ignored. Actual loss is as its name would suggest and the equipment has been permanently mislaid or destroyed. Effective management will identify actual loss via audit trailing facilities and should negate perceived loss.

Damage will always occur to packaging equipment in the supply chain. However experience would suggest that an estimated 70% of damage is avoidable. Effective management will allow you to identify who is damaging equipment in the supply chain and handling processes of regular offenders can be examined and changed or improved to ensure damage is reduced. Damage data can also identify any design areas within the equipment itself that could be changed to reduce overall damage levels and therefore costs.

The example below shows the effect that increasing or decreasing the delivery trip cycle time in a pallet pool has on the pallet pool costs.

Cycle time management is key to the fleet size and therefore cost, so all efforts to reduce or maintain a minimum cycle time are paramount. This can be achieved through synchronous container flows integrated with lean manufacturing process. Cycle times should not be averaged out across the whole fleet and a good system will enable you to set individual cycle time parameters for specific user requirements. Minimising and reducing cycle times can create a surplus of equipment in the packaging fleet or pool. However this should not be regarded as wasted capital, but as cost avoidance on future packaging requirements as your business expands.

In order to ensure your objectives and requirements are met the system specification process must be thorough and realistic and tailored to suit the individual customer and supply chain needs.

? Your current management systems and process will be evaluated, and a suitable packaging management system designed and implemented
? Packaging fleet data can be captured via RFID readers, bar code scanners, or by manual entry of bulk movements.
? Data entry should be minimal so as not to increase on-costs and the risk of human error.
? There must be a high degree of control and a wide range of reporting capabilities, available via a local network or over the internet on a secure password access basis.
? The system must manage overall packaging fleet performance, including additional operations such as repair and maintenance, cleaning, damage inspection procedures and KPIs.
? There should be no limit on pallet / container types or the amount of locations where the fleet can be used in order that it can be flexible to a growing business.
? Data synchronisation with other systems within your business will facilitate accurate equipment planning for future or seasonal requirements.

The impact of packaging on overall supply chain costs, and indeed the impact on packaging costs brought about by changes elsewhere in the supply chain, can be tested theoretically using various cost modelling soft ware prior to actual implementation.

Gideon Hillman Consulting can assist you with knowledge and experienced based proposals and modelling solutions for Asset Management in the Supply Chain Investment into planning and consultative project management at the outset can negate over investment and additional cost in the longer term.

Gideon Hillman was employed at a Senior Management Level throughout Europe within the Materials Handling, Logistics and Specialist Supply Chain Services industry for over 12 years, (7 of which with TNT Logistics), prior to establishing Gideon Hillman Consulting in 2004. Gideon is a Member of the Institute of Logistics and Transport & The Institute of Management Consultants. As well as presenting to, and working with, Industry specific forums such as BARD / BPI in the music retail industry, the IISRP in the Global Automotive Tyre Industry and the Odette Group for Automotive Materials Handling, he was a Keynote speaker on "Asset management in the supply chain", at the 1998 IFPWA Global conference and has worked closely with the IARC (International Automotive Research Centre) on RFID implementation for Automotive Stillage Tracking. He was also a speaker on Asset Management in the Humanitarian Aid Supply Chain, at the 2006 Aid & Trade Humanitarian Relief Conference in Geneva.

What Is Enterprise Asset Management?

Every enterprise and business organization thrives for effective strategies in order to maximize the returns on their assets. They do this by reducing operating costs, managing capital expenditures, and improving asset maintenance and utilization. Enterprise asset management solutions provide high-end, integrated, and complete capabilities to manage the assets of the entire business enterprise. These solutions provide updated information and maintain data that help in decision-making. Enterprise asset management solutions also support the strategic plans and operating procedures, which prove to be an effective tool to increase productivity and reduce costs.

The novel approach of EAM, Enterprise Asset Management, optimizes the business process by yielding significant savings and increasing the life cycle of the assets. This new approach may help in improving the entire life cycle, taking care of all the relevant phases starting from planning the right investments, specifications and designing to asset constructions, operations and maintenance procedures, finally moving towards the disposal and decommissioning of the assets.

An Enterprise Asset Management solution can be particularly helpful for asset intensive sectors such as the chemical, automotive, aerospace, defense, petroleum, and mining industries. Other industries that may benefit from the EAM solution include transportation, management, high-tech, government, and public sectors.

Various EAM solution providers sell solutions that are based on different architectures to support individual enterprise needs and business plans. The detailed PDF files about Enterprise Asset Management can be downloaded directly from the websites put up for the very purpose of providing an idea of how the specific solution works and help in managing assets and serving the business purposes.

EAM solutions support different platforms and applications and can be employed according to the specific requirements of the organization. Amongst many such examples is the SAP Net Weaver platform that allows a competitive edge and business flexibility and supports collaboration among the stakeholders within the network. The benefits of this EAM solution also include uninterrupted, complete, and real-time awareness of the assets, including real-time network visibility.

Enterprise Asset Management provides detailed information on Enterprise Asset Management, Enterprise Asset Management Software, Enterprise Asset Management Systems, Enterprise End-To-End Asset Management and more. Enterprise Asset Management is affiliated with BPM Consulting.

Asset Management - Key Part of Business Management

Most manufacturing companies have recently discovered that fixed asset management should be a key part of the success of the business enterprise. It is now realised that fixed asset management leads to economy of production and operation. This in turn can to increase in profits of 10 to 15 per cent, which cannot be ignored as it makes a significant contribution to the bottom line of the business.

There is no doubt that inventory and production management deserves the main focus of the management for effective functioning in a manufacturing enterprise. If asset management was neglected, then fixed assets were not being effectively and efficiently managed. But in recent years it has been realised efficient management of fixed assets like plant and machinery and other movable and immovable fixed assets can lead to economies of scale. Thus proper monitoring and regular maintenance of productive fixed assets will give a longer productive life. The net effect of this is more profits for the business.

Naturally in fixed asset management, the assets responsible for production, research and development etc., which have direct bearing on the productivity of the business, need to be managed more closely. There must be constant monitoring on the maintenance aspect to prolong the useful life of the asset. Even a movable asset like a vehicle needs proper maintenance. Otherwise without regular running and maintenance the vehicle can soon become corroded and useless.

Every category of assets needs a different focus of management. Fixed assets need regular maintenance to ensure normal life of the assets depending on the wear and tear on the asset. Adequate planning is also necessary for building up financial reserves over the life of the asset for replacing the fixed asset at the end of its useful life. Thus the new plant and machinery can be ordered well in time to replace the old one.

Management also has to weigh the advantage of replacing the plant and machinery and other production assets or continuing to maintain the present production assets. They also must consider from time to time whether the asset has become obsolete owing to new technological advances. In recent times, technology has advanced at a rapid pace and management has to be vigilant on this issue to avoid being left behind by competitors. Asset management also includes adequate insurance to cover any extraordinary losses due to fire and natural disasters.

A type of awakening has taken place in major industries during the past decade on the role of asset management. It has become attractive due to decreasing margins and competition growing day by day. To avoid major capital spending, companies are now developing strategies to get optimum performance from available fixed assets thereby getting increased returns. This involves proper schedule of maintenance to minimise breakdowns and consequent loss of production.

In order to have reliability in scheduling, regular planning in conjunction with various departments, at least on a monthly basis is absolutely necessary. Standards must be set as well comparative analysis within industry standards must be evaluated to determine whether the company is achieving optimum production in line with the industry. If not, then suitable targets and best practices must be set up within a reasonable time frame to reach those targets.

Logistical performance must also be evaluated to consider whether transportation costs are economical and advantages of location are met. The management tools for evaluation can be in form of comparison studies, which can set up in form of graphs and bar charts for easy visual comparison. If fixed asset performance is seen to be below par, then priorities can be fixed for the focus on improvement.

Asset management tracking is vital in large manufacturing plant and utilities. Integration of asset management with raw material and maintenance procurement systems as well as financial systems and their cost versus savings benefits must be monitored on a day-by-day basis. Senior financial officers must therefore be involved in asset management.

Depending on nature of assets in different businesses. For example, utility companies, mineral companies, oil and natural gas are having large properties as part of their assets. These have to be effectively managed and timely decisions have to be taken whether to buy or sell properties for the health of the business. Depending on their values and necessity to the running of the company, the assets can be categorized for better management.

To assist company management, there are a number of established consultant companies having qualified manpower whose help will be beneficial for asset management. They can be very effective to audit present practices and suggest best practices, problem solving and action plans. It may be well worth the expense to hire established consultants to improve performance.

Asset management data can be computerised to enable management to chalk out strategies on an overall basis. Integration of asset management systems with other financial systems would give better picture of whole operation of the enterprise. This will enable various key officials to give their timely input to top management in order to devise suitable plans. For example, government may come out with special tax incentives for certain industries to invest in fixed assets. In a scenario where management is monitoring and managing fixed assets, the Finance Manager may quickly recommend purchase of new fixed assets to take advantage of the government's tax incentive for that business.

Lastly, it is the assets of a business which enable the production and delivery of its goods and services. So when fixed assets are being purchased or replaced a few important questions arise. What is the cost and cost benefit for the business. What funds are available? Should the asset be purchased new or secondhand or should it be leased and how will it benefit the business? Questions relating to the use of the asset could be. What are the operating costs? How much skilled and unskilled manpower would be required for operation? What are the training costs involved? What are the installation costs? What is the useful life of the asset? Is it the latest technology? These and many more questions need to be asked and answered. This will ultimately factor into the long-term strategy of the business.

Michael Russell

Your Independent guide to Asset Management

How To Implement an IT Asset Management System

Information technology (or IT) asset management can be a real headache because it is very difficult to organize and manage. It is also very difficult to really get professional and useful service. Fortunately, with the help of computers and the growing awareness of IT asset management has become a possibility within the reach of even small organizations.

In fact, IT asset management is extremely important if you want minimized risk, is undeniable. However, until recently, organizations tend to put it off because it's actually looked upon as something associated with a lot of trouble. This is not true.

Plan, plan and plan

In order to have an smooth and optimal working IT asset management system, you will first need to have a plan of action.

First and foremost: You have to organize your ideas so you will know what exactly you want the IT asset management to do for you. Initially, this will take a lot of time (and this is exactly why a lot of people have put it off) but this will definitely be time well invested.

AS soon as the plan is put on paper, it will be easy to work out a complex (as complex as your requirements are) IT asset management which will ensure that you will never miss an update or skip a security patch, and so on. The fact that you have an IT asset management system in place will also help you track your assets and correlate the data amongst the departments; thus highly cutting down the costs involved in searching, upgrading and maintenance of assets.

The IT asset management system also helps in optimally managing time involved in obtaining information concerning the long terms and short terms maintenance. This is actually like having a host of workers available to you. Each one of them will give you the required results if and when you need them, even if you do not ask for them. When you get the results, you will be able to find out whether you are on the right track or not and whether there is any requirement for additional inputs.

Always remember to include everything you need

Even the best IT asset management system will fail if they are not including all the vital requirements. There have been many known cases where the IT asset management systems totally failed because when they run it they found that it does not answer to the most important questions they had.

Therefore, it is important that you have a good plan and that this plan includes all the questions that you need to be answered by your IT asset management system.

Hugh Thorpe is an internet publisher and writer who likes to write about personal finances, asset management and related issues. Check out 1-Asset-Management.com for more detailed info.

Asset Management Software - How To Make The Choice Easy

All businesses or companies need asset management; whether you are in retail, manufacturing, public relations, a call center etc. Now, what is asset management actually? This kind of management can be defined as the process by which you can manage your assets to the best of your ability. In order to do so, you and your company's key persons will need to know the strengths and weaknesses of the assets. This is the only way to know how to optimize their use.

Software for Asset Management and Strategy

For years, asset management has been done manually, with a number of registers and files to keep records. This was not the most time efficient and easy way to track assets. However, with the twenty-first century bringing us great computers blended with advanced and upgraded technology,asset management has been facilitated through computers and this has been made possible with asset management software. This is software that enables people to deal with asset management at the press of the button.

The software for managing assets that are available today is able to keep track of the value, use, depreciation, and utility age of any asset. This advanced software can highlight what the maintenance requirements are, when the assets would need to be discarded and above all it allows tracking of the assets. The possibilities and advantages of the asset management software are almost limitless. However, the best feature of this software is that it can give you accurate reports of the status of your assets at any given time, easily.

How Do You Choose Asset Management Software that Fit Your Business?

First, there are a few questions that you have to ask yourself before deciding which asset management software is the best for you. The following can be seen as an indicative check list:

1. Is The Price of the software cost efficient?t

2. The complexity of your assets?

3. How many employees can use the system or software at the same time?

4. Can it be scaled up as well as down?

5. The number of functions as well as the kind of functions the software give you.

There are mainly three important types of software available segregated by their functionality:

1. Automated - this type of software automatically collects records of data in time as well as tracks the data.

2. Inquisitive - this type mostly is applicable to the IT systems; it will be used for identifying the different parts of hardware (configuration) as well as peripherals and their addition or removal.

3. Repository - this kind of software is used for making reports and for different types of asset use and utility analysis.

This was a few points to keep in mind when you consider to purchase software for asset management or administration. It is important to work out a check list containing questions like those above. This is the only way you can be sure that the software you choose will fit your or your company's needs.

Hugh Thorpe is an internet publisher and writer who likes to write about personal finances, asset management, loans and related issues. Check out 1-Asset-Management.com for more detailed info

Asset Management

Asset marketing is the process of dividing a portfolio into major asset categories such as cash, stocks, real estate, or bonds. In doing this there are three main strategies which are:

1.? Strategic Asset Allocation
2.? Tactical Asset Allocation
3.? Market Timing

Strategic asset allocation:

This focuses on designing a portfolio of investments that is suitable for your needs and sticking with that allocation through all market conditions.? Once an asset marketing to stocks, bond, real estate, and cash is set, it remains in place for a long period of time.? Due to the market always moving up and down a strategic asset allocation will get off target over time.? It is suggested that an investor should put their portfolios back on track with the original target mix from time to time, this is called re-balancing.? Re-balancing keeps a portfolio in line with an investor's goals and objectives, and helps control investment risk.

Tactical asset marketing:

Tactical asset marketing involved forecasting asset-class returns and increasing or decreasing commitment to an asset class based on the forecast.? Return predictions may be a function of fundamental variables, for example economic variables, technical variables, forecast of inflation, recent price trends, earnings or interest-rate forecasts, or a combination of several variables.? A tactical asset allocation is mainly based on these predictions.? Tactical Asset Marketing is also known as Active Portfolio Management.

Market timing:

This is tactical asset marketing taken to the extreme.? It involves forecasting asset returns and making "all or none' asset-class bets.? A market timing strategy may start the year 100 percent in Treasury bonds and end the year 100 percent in stocks.

No on likes losing money, and no one likes to be out of a bull market.? Market timing solves both of these problems. Although some investors may believe that there are strategies that will allow them to successfully weave into and out of the markets, the facts show that few people actually do so, and those people may be lucky rather than good.? Market timing is not recommended by the professionals.
No one knows which of these three will work well.? But the best bet is to keep a well-balanced multi-asset-class portfolio that maintains a strategic allocation over time.

Raj Selvaraj is an expert in finanical matters. He has worked many years in the Finance business. He has written many articles on finanical matters and his latest article on asset management can be found on www.managementasset.org

Understanding Asset Management

Asset management is a form of investment management. The term asset management is sometimes used to refer to the management of all investments, including assets, or it may be used to refer to assets that don't fall under the more standard categories of investment management, fund management or portfolio management.

Asset management is one facet of the vast global investment management industry. Large financial institutions manage billions of dollars in assets for businesses and individuals all over the world.

Many insiders feel that independent firms are more successful and more dynamic in investment management than are large banks and insurance companies.

Asset management helps to protect and grow investments. The assets under management may be a large company's pension fund, or an individual's retirement savings. Institutions that manage assets have great weight in the financial markets because of the amount of funds under their control. The decisions these companies make as to how to invest and move around the money they control can affect the overall rise and fall of financial markets.

Pension funds accounted for more than $15 trillion of funds that were under asset management in 2004. In comparison, more than $30 trillion of private wealth was in investments in 2004, about one third of which was being managed by investment management firms. Asset managers in the United States account for almost half of all funds under management globally.

Understanding asset management is a complicated topic. If you have large investments, you want to make sure your assets are properly managed. Various financial advisors can provide information about the best fund managers, the institutions with the best track records, and in general the type of management that may be right for you or your business. Different types of financial management are indicated, depending upon the size of the investment capital, the form of the assets, and many other individual factors.

Luke Perry is a writer and administrator for Asset Management West a site that specializes in asset management.

Finding The Right Asset Management System

Do you have a lot of assets that you need to maintain? If this is the case, you may need an asset management team to help you. Before we get into that, you are probably wondering what exactly asset management is. Asset management is a structured and system that is used to maintain your fixed assets on a day to day basis. This system is used through all phases of the asset's life cycle. This includes when the asset was first acquired until it is retired or no longer of use. It can be used to manage an individuals assets or a business and all of its assets. In order to maintain your assets, you must know what the asset you own is, when you got the asset, how much the asset cost, how much it will cost to maintain the asset through the asset's life cycle, where the asset is located, and what the asset will or can be worth.

Effective asset management systems have one specific goal that is always to be met. This goal is to reduce the costs of owning the asset and investing the asset in order to achieve the maximum and significant results. For this goal to be met, the asset management system should incorporate different functions, policies, resources, and procedures that help maintain the asset in a cost efficient manner and still leave you with significant results.

Most commonly, people use an asset management system to take care of their assets for them. There are many available. But before you choose one, you should make sure that the asset management system they use is the best one for your assets. It should include:

1. Various technologies to maintain and track your assets individually, meaning that it always knows where your assets are or where they can be found.

2. Uses a software system that is constantly updated.

3. Reduces your direct cost of owning the assets.

4. Controls shrinkage and/or other losses of the assets.

5. Seeks out information on a daily basis to lower the cost of maintaining the assets.

6. Follows a constant budget when maintaining the asset to reduce over head costs.

7. Provides a maintenance history on all costs of maintaining the assets.

8. Reallocates any assets that do not seem to be achieving goals so that they can meet these goals.

9. Lets you know when it may be advantageous to you if you disposed of the asset either through selling, trading, etc.

10. Makes the most of the potential of assets by ensuring they are appropriately maintained and used at all times.

11. Reduces the demand for new assets, thus saving money through demand management techniques.

12. Always tries to achieve greater value for your money through economic evaluation of options that take into account the asset's life cycle, full costs of the asset, and with value management techniques.

13. Reduces any unnecessary acquisition of assets or new assets. This is done by making any organizations that use your assets pay for the full costs of using and/or holding the asset itself.

14. Has all attention focused on gaining results.

15. Assigns responsibility of maintaining all aspects of your assets to the right departments.

If you find an asset management system that incorporates all of these items, you are sure to have an easy and effective means to managing your assets. Sometimes it is very difficult to do this yourself, especially if you own a large business, large corporation, or if you just have a great deal of assets to begin with. The right asset management system can make your life a whole lot easier and turn your assets into a much more profitable endeavor.

Robert Michael is a writer for Fixed Asset Management which is an excellent place to find links, resources and articles. For more information go to: http://www.aegisassetmanagement.com

Asset Management Tips For All Areas Of Your Life

Asset Management Tips For All Areas Of Your Life

Do you think that asset management only related to taking good care of your finance and property? Well, that's what most people think, and that's how they act in their privet lives.

But if you try to look at things from a deeper and more profound point of view, asset management is important to all the real assets in your life, and these are not necessarily financial and materialistic things.

Your non-material assets could be your time (work time as well as recreational time), your health, your relationships with other people, your skills and knowledge, your hobbies and more.

As you see, it's important to maintain balance and implement asset management to all the assets in your life. True assets provide dividends if managed properly, and this goes to materialistic and non-materialistic assets.

Now that we have established this important insight in to our lives, what can we do to manage out assets better and later enjoy the fruits of this careful grooming?

Let's take a look at a few examples of good asset management:

1. Managing your work time - if you will be managing your free time in a better, smarted way, you could be saving as much as 1-2 hours of work every day. This can translate to getting more done, or, having more free time. In this article I can't get into all the aspects of task management, so let's just talk about the greatest tip: Planning and prioritizing. You need to have a specific, written plan that details what you want to achieve in your work, including dates. That, you need to do daily prioritization of your tasks, so that all the more important tasks are completed in that day, and the less important are pushed away, maybe for tomorrow. This way you will always get the important things done. You'll be amazed at how much time people waste on doing not-important things. Do this and you are guaranteed to create at least 1 more hour a day.

2. Manage your free time - decide what you want to do in your free time and do it. Don't get caught in doing things you don't want to do, like spending time with people you don't like. Consider paying people to do the things you don't like doing like cooking, cleaning, walking the dog...

3. Make some time to plan ahead for all kind of projects you want to do that require good use of your assets. For example, if you want to re-decorate the house, you may find out that you have all the assets to do it on your - you may have a friend who knows about decorating and will be happy to help (you can help them with something else in return). You may be able to take a course in decoration or read a book about it with the extra time you got from managing your work time right.

4. Your finance - most people don't handle their financial affairs properly, and therefore loosing out. It could be a very wise move to sit down and analyze where your money is going to. If you do that for 3 months, you can see that in many cases you can save a few hundred bucks a month. That money can be used to pay debt, go on vacation, purchase an asset and more.

So it's clear that asset management is something that should be implemented to all the areas of your life and not just your assets and financial affairs. Clever asset management of all areas in your life will help you lead a better life all aroun

Want to learn more about asset management? Visit Alex Dale's http://www.asset-management-101.info/. We talk more about parenting advice and parenting programs

Digital Asset Management Software

If your business relies on digital files for its day-to-day operations, then you should definitely invest in quality digital asset management software ? designed to let you track, organize and retrieve important documents, images and other digital files easily.

Digital asset management software has long been a necessity for industries such as digital photography, graphic design, advertising and publishing. Newer versions have features that are relevant to other types of businesses and more and more industries are jumping on the bandwagon.

Among the converts are document-rich organizations that seek to modernize their filing systems. Digital asset management software, although best known for their ability to quickly track image files, now also track and retrieve documents and other frequently-used Microsoft Office files. The software usually captures all of the data/text in the file and then records them into the database. A user can type in keywords or phrases and be led to relevant documents. It also works on PowerPoint and Excel documents, among. Users can also create customized catalogs for their files and cross-reference files in several catalogs. This digital asset management software is so effective that many businesses are migrating from the traditional filing cabinets to these e-files.

What?s more, most digital asset management software is affordable even to smaller businesses. There are single-user versions that go for less than $100, and it only costs $50 more to upgrade to a professional version. Business packages are also affordable at about $2,800 including license. These packages already include servers, multiple user accounts and constant manufacturer support. There are even free online demo versions available to hesitant buyers. These demos have limited functionalities, but business owners who want to try the product out before purchasing find them very useful.

Asset Management Software provides detailed information on Asset Management Software, Digital Asset Management Software, Inventory Asset Management Software, Fixed Asset Management Software and more. Asset Management Software is affliated with Free Project Management Software

Asset Management Software

If you employ the right technology, managing your business assets can be so much simpler. Say goodbye to time-consuming and error-prone manual asset management ?invest in effective asset management software and keep track of everything from purchasing and bar coding to stock control, all in one click.

When shopping around for asset management software, consider three things: applicability to your current systems, usability and report generation features.

The complexity of asset management software features you need depends on the density of your business processes. As a rule, you need software with the following essential modules: purchasing, depreciation, bar coding, inventory control and a help desk. If much of your existing asset management systems are already web-based, you should find software that is compatible with web browsers or (ERP systems when applicable).

You need software with an interface that allows any users to intuitively find their way around to lessen the downtime in trying to learn these applications. Test-drive the software to see if you can easily access such information as asset details, purchase prices, associated costs and audit trails. Information should be laid out so that you can see the history of every asset and track its location, movement and depreciation. The main point of asset management software is to make recording and retrieving easy.

Another important feature to look for in software is its report generation functionality. It should be able to easily generate preformatted reports and perform custom reporting and sorting. It should also be equipped with a graphics generator that allows you to access instant pictorial representations of the data you need. Your asset management software should allow you to point and click your way into comprehensive data that will allow you to spend less time computing and tracking and more time making big decisions.

Digital Asset Management Software provides detailed information on Asset Management Software, Digital Asset Management Software, Inventory Asset Management Software, Fixed Asset Management Software and more. Digital Asset Management Software is affiliated with Free Project Management Software

Asset Allocation Management Without Mutual Funds

Many Investment Gurus, with a straight face and a gleam in their eye, will insist that successful investing is a function of expansive research, skillful market timing, and detailed technical analysis. Others emphasize fundamental information about companies, industries, and markets. But trends and numbers are secondary to a thorough understanding of the basic principles of Investing and Management, and their interrelationships. The ingredients for a successful investment portfolio are these: stubborn belief in the Quality, Diversification, and Income trinity from Investments 101, and operations that employ the Planning, Leading, Organizing, and Controlling skills introduced in Freshman Management. Here are some things to keep in mind while you season your experience with patience and marinate your investment process with discipline:

* A viable Investment Program begins with the private development of an Investment Plan. The first step is the identification of personal goals and objectives and a time frame for goal achievement. The end result should be a near autopilot, long-term and increasing, retirement income. Asset Allocation is used to structure the portfolio so that it operates in a goal directed manner. The finished Plan must be flexible in design, based upon reasonable expectations, simple in structure and operation, and easy to supervise.

* Use a "cost based" Asset Allocation Model. Although most of the Investment World operates on a Market Value basis for everything from performance analysis to Asset Allocation and Diversification decision modeling, you will improve your long-term results and stay within your allocation and diversification guidelines better by using a system based upon Working Capital. This widely unknown Asset Allocation "model" takes the hype out of daily stock market reporting and keeps the income investor's focus on appropriate statistics.

* Control your emotions, among other things. Clearly, fear and greed are the two that require the most control in the investment environment... particularly in these days of a reckless media, Internet empowered scam merchants, high-speed information gathering/processing, and cheap personalized trading capabilities. Love and hate need to be dealt with as well, but there are fewer out-of-body influences on these. Only strictly disciplined decision makers need apply for your Investment Management position... and you may not be the ideal candidate. Investment Management is a continual responsibility, not a weekend and occasional evenings avocation.

* Avoid hindsightful analysis, and uninformed (or salesperson) criticism. It is painfully comical how hindsight has taken over in our society... in sports, finance, politics, and the professions, everywhere... everyone you hear is second-guessing and finger pointing. No one is willing to take responsibility for their own actions and everyone is willing to sue whoever coulda', woulda' or shoulda' prevented whatever happened. Investors cannot afford to be Little League crybabies. Make one of the three basic decisions (which are?) and don't look back. No person or program can predict the future, and your portfolio requires management today. The playing field for the investment game is uncertainty.

* Establish a profit-taking target for every security you purchase. The purpose of investing is to make more money than you could in a guaranteed, non-negotiable instrument. This larger money making expectation comes with an assumption of some form of risk... there are several, and its "in there" in all investments. In Equities, set a reasonable profit target and take less if you can get it quickly. With income investments, never say no to a profit equal to a year's income, or 10% if you like round numbers. There are always new investment opportunities, and there is no such thing as a bad profit... or a good loss.

* Examine Market Value numbers at intelligent intervals. Frequent examination is stressful and non-productive. There are no averages or indices that compare with a properly diversified Investment Portfolio, particularly if your Equity selections are screened for Quality and Income. Investing is a long-term endeavor, and neither Shock(sic) Market symbols nor current yields operate on a calendar year schedule. Look at market peaks and troughs over significant time periods that include "cycles"... and do separate your analysis by class.

* Avoid what the crowd is doing and shun investment products. Consumers buy products; Investors buy securities. The crowd is driven by the very emotions that you must learn to control. Stay focused on your plan; analyze your annual income and trading statistics. Buy and hold creates more real tax problems than real millionaires, and gimmicks and fads last just slightly longer than spring fashions. Always buy good stuff on bad news and sell into good news announcements.

* Don't try to save the world with your investment decisions. Never limit your investment opportunities artificially. Votes work better when it comes to changing your world, and corporations should not be the targets of your political hates... get rid of incumbents, state and local, until there are changes in the tax code, social security, tort law, environmental issues, etc. In the meantime, invest with your head, not your heart. The business of a capitalist society is...

* Keep in mind that you need Income to pay the bills, and that your cost of living in retirement will be higher than you think. If you insist on some income from every Equity security you ever own, and beat-the-bank income from income securities, you will obtain two important things: An annually increasing cash flow that will rise at a rate greater than most normal inflation rates, and a higher quality investment portfolio for better long-term investment performance. (If you use a cost based Asset Allocation model with at least 30% invested in income securities and no open end Mutual Funds or Index ETFs.) Never settle for tiny short-term yields or get hooked on those that are unsustainably high.

* Investing is not a competitive event, ever. You don't need to beat the market. You need to accomplish a set of personalized goals. Not even your twin's portfolio should be the same as yours. The faster you run, the less likely it is that you will succeed over time. Big risks, foolproof gimmicks, and exotic computer programs occasion more failures than success stories. Remember the Investment gods? They created Stocks and Bonds... only Stocks and Bonds!

* Avoid Unrealized Gains, Embrace Volatility, Increase Annual Income, and remember that all key investment moments are only visible in rear view mirrors. Most unrealized gains become Schedule D realized losses. As of today there has never been a correction (rally) that has not succumbed to the next rally (correction). Only an increasing income level can beat back inflation... a bigger market value number just doesn't do it.

Perge'

Steve Selengut http://www.sancoservices.com http://www.valuestockbuylistprogram.com Professional Portfolio Management since 1979 Author of: "The Brainwashing of the American Investor: The Book that Wall Street Does Not Want YOU to Read", and "A Millionaire's Secret Investment Strategy"

Unmatched support, service and financial growth: National Asset & Risk Management LLC (NARM)

.

National Asset
& Risk Management LLC (NARM) is today's most progressive loss prevention and
debt and commercial collection
agency. Their purpose is to provide their clients with unmatched support,
service and financial growth. Utilizing the latest technology, collection
programs, and a highly skilled team of professionals,
National Asset & Risk Management
is changing the way that collection agencies operate. Their purpose is to
customize a program for each of their clients that will dramatically increase
the monies recovered from past due accounts, as well as decrease the amount of
time accounts are outstanding. National Asset & Risk Management, LLC, NARM,
headquartered in Pittsburgh, Pennsylvania is today?s most progressive
debt recovery and commercial
collections company. The collection division was started with one purpose;
to change the model by which
collection agencies operate.  There is absolutely no way to match the
advantage of a debt and commercial collection agency that is part of the credit
reporting industry, the legal community and nationally recognized. NARM is the
largest privately owned business of its kind. They operate on the
Equifax and Debt Net system,
which offers nationwide coverage. They also work with the Trans Union and
Experian credit reporting systems, enabling us to access on a direct basis to
any credit report in the nation. NARM offers many
loss prevention,
debt recovery, collection
services and financial solutions
to its customers across the globe. National Asset &
Risk Management debt collection
services make use of their expertise and state of the art debt collection
software. They will analyze the situation and recommend the best strategy for
debt collection. They act on your behalf in the manner you wish, either using a
discreet approach, because you do not want to jeopardize a long-standing
business relationship by a single debt, or a more aggressive program. Whichever
way you want to handle debt
collection, National Asset & Risk Management is there for you.

Asset Management Software guide

Asset management is the need of the hour. Any business dealing in manufacturing, distribution, physical sales, office or call center work has some physical and non-physical assets. The technique of choosing the appropriate equipment for a particular job, keep it functioning as long as possible and replacing it in a systematic way is the key to good management.

Today assets can be the means to some wonderful and lucrative ends. So asset management is no less than an art and can be stated as a comprehensive and structured approach to the long-term management of assets as tools for the efficient and effective delivery of community benefits.

Managing one's assets requires firstly an identification of need for the asset in accordance with the community requirements. Secondly you have to see the provision of the asset including its current maintenance and rehabilitation as per your needs. Third is the operation of the asset while the fourth is the disposal of the asset when it is no longer needed or beneficial in any way.

Due to a surge in the involvement of people in asset management task, various companies have come up with asset management software. Asset management software maintains a record of all the assets you wish to monitor. It is designed to manage assets, contracts, purchases and vendors at an economical price. Asset management software keeps a record of hardware, licenses, leasing information and so forth. It also guides as to which new equipment needs to be purchased, the quantity of equipment owned and when leases are up.

Asset management software is of a great use. There are quite a few benefits of implementing an asset management software solution. For instance the asset management allows the automation of processes rather than manually creating paper trails that can be torn or lost, it also tracks your company's software assets and licenses, provides management reports on companies assets, track company leases and hardware material, minimizes the expense especially by reducing the total ownership cost and serves as a user interface for the people to track their assets. The asset management software also integrates with incident and problem management, change and configuration management, service level management and other related Business Service Management processes straight out of the box.

There are three different kinds of asset management software-

a) Inquisitive- software is designed to interrogate or query the IT systems and identifies hardware configurations or peripherals or operating system and other software.

b) Repository- software organizes the collected data and stores it to allow an easy access for reporting and analysis.

c) Automated data collection type of asset management software tracks, records accurate data in time.

The asset management software comes in different packages. While choosing such a software package check out the functionality you need or the kind of task that you want the software to perform. Then take a look at the price and benefit of the package over the others. Also consider the package from the number of users perspective. Here you should bear in mind the overwriting risk of multiple users having the same files open at a given time. You should also know what is the scalability of the software, that can it cater to new avenues in countries other than your own and last but not the least you must find out if the software works with ITIL best practices.

Mansi gupta recommends that you visit Asset Management Software for more information.