• July 5, 2024

How can an Asset Management System transform your business?

How can an Asset Management System transform your business?

Are you sick of using your assets like hide-and-seek? You're not alone. Many companies struggle with complex spreadsheets and antiquated systems in an attempt to find a straightforward solution to the question, "Where are my assets, and how are they performing?"

It's time to rise above the chaos and accept a solution that is as adaptable as your company.

13sqft AMS: The Asset Management Game-Changer

13sqft AMS is a comprehensive, user-friendly solution to asset management problems. Our platform, designed for seamless integration and tailored to industries of all sizes, gives you unprecedented control over your assets.

Industry-Wide Asset Management Pain Points

Without a robust asset management system, businesses across industries face a common set of challenges:

  • Inaccurate Asset Data and Cost Tracking: Manually tracking asset purchases, quantities, capital expenditure (CAPEX), brands, installation details, current location, and condition is a daunting task.

  • Unexpected downtime: Equipment breakdowns can halt operations, resulting in lost productivity and revenue.

  • Suboptimal Maintenance: Assets can be over-maintained or neglected, which reduces their lifespan and efficiency.

  • Warranty and AMC Blind Spots: A lack of access to critical warranty and annual maintenance contract (AMC) information results in missed opportunities for cost savings and proactive maintenance.

  • Theft and Loss: Assets that disappear due to theft, misplacement, or poor record-keeping put a financial strain on your company.

  • Error-Prone Manual Tracking: Relying on spreadsheets and manual logs is a recipe for costly mistakes and inaccurate data.

  • Tedious and Unreliable Audits: Manual audits are a time sink and prone to errors, hindering accurate asset assessments.

  • Wasted Resources: Overstocking inventory and making unnecessary purchases consume valuable capital.

  • Lack of Visibility: Without real-time information about asset status, location, and utilization, strategic decision-making becomes a guessing game.

13sqft AMS: Your Path to Operational Excellence

We are aware of how frustrating and ineffective asset management can be. To address these issues head-on and boost your return on investment, we created the 13sqft AMS. We enable you to maximize operations by centralizing asset information, optimizing workflows, and delivering useful insights.

Reap the Rewards of 13sqft AMS:
  • Longer Asset Lifecycles: With proactive maintenance and improved tracking, you can extend the lifespan of your assets by an average of two years.

  • Reduced Downtime: Prevent unexpected breakdowns with preventive maintenance, cutting downtime by up to 30%.

  • Maximized Asset Utilization: Gain a better understanding of asset performance and usage, which will increase utilization by 22% and ensure you get the most out of your investments.

  • Significant Cost Savings: Improve your purchasing decisions and avoid unnecessary expenses, potentially saving up to 24% on CAPEX.

Key Features to Unleash Your Asset's Potential

13sqft AMS is packed with features designed to simplify and enhance your asset management:

  • Real-time tracking: Use barcode scanning, GPS, or RFID always to be aware of the whereabouts of your assets.

  • Barcode Labeling: All asset information is available with a single, fast scan.

  • Inventory management: Easily track inventory movement and maintain ideal stock levels.

  • Security & Privacy: With single sign-on and configurable user permissions, you can manage who has access to what.

  • Maintenance Scheduling: Use automatic maintenance reminders and schedules to avoid breakdowns.

  • Data-Driven Decisions: Create tailored reports to obtain information about performance, trends, and asset usage. 

Advanced Tools for Expert Asset Management

13sqft AMS goes beyond the basics with these powerful features:

  • Asset Bundling and Assignment: To facilitate efficient management and accountability, group and assign assets.

  • Smooth Asset Transfers: Barcode-enabled workflows make it simple to track the transfer of assets between sites.

  • All-inclusive Customizable Reporting: Create personalized reports, oversee agreements, and keep an organized document archive.

  • Predictive Maintenance and Automation: Use AI to forecast maintenance requirements and set up automated alerts.

  • Third-Party Integrations: For a unified perspective, just integrate with your current accounting and ERP systems. 

  • Inventory Optimization: Manage contracts, track work orders, make purchase orders, and automate repetitive processes.

  • Asset Bundling and Assignment: Organize assets before assigning them to employees or locations.

  • Dispatch Pass Creation: Automate asset transfers and generate barcodes for easy tracking.

  • Automated PO Generation: Make procurement easier with automated purchase order creation.

  • Customized Workflows and Approvals: Tailor your processes to meet your specific business requirements.

  • AI-powered inventory optimization: Gain intelligent insights to reduce costs and avoid stockouts.

  • Integrations with ERP and Accounting: Connect with your existing systems, e.g., ERPnext, SAP, Zoho, Tally, Quickbooks, etc., to get a unified view of your business.

  • Role-Based Access: Ensure data security by assigning granular permissions based on user roles.

  • Predictive Maintenance: Use AI to anticipate maintenance requirements and avoid costly breakdowns.

  • Depreciation Tracking: Keep track of depreciation and accurately calculate asset values.

  • Full Asset Lifecycle History: Get a 360-degree view of your assets from acquisition to disposition.

  • Contract Management: Consolidate and manage your contracts and licenses with ease.

Track Your Assets, No Matter the Industry

13sqft AMS adapts to your specific demands, whether they are for warehouses, hotels, educational institutions, banks, hospitals, or manufacturing facilities. Keep track of every asset, including furniture, IT hardware, heavy machinery, medical equipment, and everything in between.

  • Warehouse Industry: Pallets, Racking Systems, Forklifts, etc.
  • Hotels & Restaurants: Beds, Chairs, TVs, etc.
  • Educational Institutes: Computers, Projectors, Lab Equipment, etc.
  • Banking Industry: Laptops, Printers, CCTV Cameras, etc.
  • Hospitals: MRI Machines, Ventilators, Hospital Beds, etc.
  • Manufacturing Industry: Heavy Machinery, CNC, Conveyors, etc.
Conclusion: The Future of Asset Management is Here

Having to deal with antiquated asset management procedures is a thing of the past in the digital age. 13sqft AMS provides you with an all-inclusive, user-friendly, and potent solution to change the way you handle your priceless assets.

Spreadsheets, human mistakes, and the aggravation of misplaced or underutilized assets are history. You'll get the visibility, control, and insights you need with 13sqft AMS to streamline operations, increase productivity, and uncover hidden asset value

Are you prepared to see 13SQFT AMS in action and transform your business in days?

Visit our website to explore the full capabilities of 13SQFT AMS and see how it can revolutionize your business.
Manvi Garg

Manvi Garg

Digital Content Writter




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