Fixed Asset Hub – 4 key issues of tracking assets manually
The key issues of tracking assets manually – which schools, districts, and small to mid-sized businesses face – are not uncommon. Excel simply isn’t designed for effective asset tracking. However, many small business leaders are no longer willing to deal with the annual audit anxiety caused by the following: 1 Slowness. Entering asset data can take employees hours; especially if extensive detail is required and if the same item’s record must be updated multiple times over the course of the asset’s lifespan. 2 Confusion. Excel-based systems (or similar spreadsheet programs) involve clunky spreadsheets with many columns that can be hard [...]