See More. Control More.
Although assets are shown on balance sheets, do organizations really understand the full life cycle cost or know the location and warranty status of their assets? Verian Technologies’ Asset Manager solution helps organizations intelligently manage the life cycle cost and physical tracking of all assets. By managing the complete asset life cycle from acquisition to disposal, you can accurately calculate the true total cost of asset ownership.
Download Asset Manager Data Sheet
What Can the Verian Solution Do for Me?
Life Cycle Asset Costing
Acquisition After assets are entered through ProcureIt or any other system, Asset Manager tracks the true cost of an asset – including freight and service charges.
Service & Maintenance Generate work orders and send electronically to vendors or internal technicians. Auto-schedule preventive maintenance work with the system’s built-in maintenance meter to ensure regular work is completed. Integrate with Verian’s Purchase Manager™ system to order service parts and share asset data with other systems.
Physical Tracking Not sure of where everything is? Track the specific location of each asset and keep a thorough audit trail of all moves. Identify opportunities to redeploy assets instead of buying new ones. You can also assign ownership of assets to increase accountability. Financial Management Easily post depreciation transactions and enjoy unlimited tax books. Quickly calculate return on assets and the life cycle data you need to determine total cost of ownership.
Key Benefits:
- Identify and divest unused assets
- Tie work order expenses to specific assets
- Establish accountability for asset ownership and responsibility
- Maintain a complete asset audit trail of movement and ownership
- Strengthen Sarbanes-Oxley compliance
- Budget more effectively using asset performance and cost data
- Meet asset warranty and service contracts
- Identify “shrink” caused by loss/theft
- Avoid costly breakdowns