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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 fixed asset


Fixed Asset Inventory: A Guide to Getting Started
Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting

fixed asset  Getting Started Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting, eliminate “ghost assets,” and help an organization recover after a natural disaster. However, the importance of tracking and managing fixed assets such as land, buildings, transportation, and manufacturing equipment is often overlooked. This white paper discusses best practices for fixed asset inventory management and suggests

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

CMMS – EAM

Enterpise asset management (EAM) solutions support maintenance management tasks. Asset management systems typically enable planning, controlling, and monitoring of physical asset events. EAM typically includes computerized maintenance management system (CMMS) functionality, fleet maintenance, workflow, reporting, and other areas that touch upon asset management practices. 

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Documents related to » fixed asset

The Advantages of a Dedicated Fixed Asset Management System


When businesses implement an ERP system, they have to decide whether to manage fixed assets using an add-on module from the ERP vendor or a dedicated fixed asset management solution. The key differentiating factors can be functionality, ease-of-use, cost, and compliance issues. If you’re currently searching for a fixed asset management solution, this guide looks at the differences between the two types of assets and explains why a best-of-breed fixed asset management solution may be a more affordable, flexible, and reliable option than an ERP add-on module.

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Case Study: Fixed Asset Problems Become Yesterday’s News for The Washington Post Company


The Washington Post Company (WPC) needed a system to manage tax and asset depreciation from 25 companies, while allowing each company to independently add fixed assets and generate reports. With more than 100,000 fixed assets throughout the company, this was no minor task. But with the new Web-hosted fixed assets management solution, WPC accesses all data in real time, saving time and ensuring accuracy. Find out how.

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The Cost of Spreadsheets in Fixed Asset Management


Spreadsheets have become one of the most prevalent software applications used in businesses today, for everything from simple calculations to impromptu databases for tracking a wide range of information, including employee hours, expense reports, and fixed assets. And while spreadsheets are inherently useful in business, they are constantly being used for tasks in which they are ill-suited. Many companies use spreadsheets for financial tracking and reporting, but the negative aspects of using spreadsheets for tracking and depreciating fixed assets are substantial. This white paper describes fourteen ways that spreadsheets can fall short, and gives recommendations for implementing a dedicated asset inventory and asset accounting solution.

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Best Practices for Fixed Asset Managers


In the world of accounting, the savings potential of improved fixed asset management is often overlooked. Yet assets like land, buildings, transportation, and manufacturing equipment represent among the largest investments most companies make. Sub-optimal fixed asset practices can threaten the accuracy of financial reports and negatively impact your bottom line. This white paper outlines best practices for fixed asset management and suggests tips for implementation, including establishing an accurate baseline of fixed assets, selecting the right asset management tools, staying up to date with legislative changes, and producing targeted financial reports.

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Manage Your Workforce like the Asset That It Is


Because they are seeing fewer cost savings from other lean initiatives, many manufacturers are now seeking to optimize their workforces the way they’ve optimized other assets. In order to begin putting the workforce first, these companies are using workforce management (WFM) systems to handle human resources (HR) tasks and obligations, reduce labor costs, increase output, and make better use of in-house capabilities.

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Enterprise Asset Management (EAM/CMMS) RFI/RFP Template


General CMMS Functionality, Maintenance Management, Integration, Human Resources, Financials, Purchasing Management, Inventory Management, Product Technology

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Master Data Management: Extracting Value from Your Most Important Intangible Asset


In a 2006 SAP survey, 93 percent of respondents experienced data management issues during their most recent projects. The problem: many organizations believe that they are using master data, when in fact what they are relying on is data that is dispersed throughout the enterprise. Discover the importance of master data and how the ideal master data management (MDM) solution can help your business get it under control.

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Global Asset Sustainability: Breakthrough Lean Best Practice Counters Rising Energy Costs


Leading companies are reducing energy consumption and costs as a top-priority initiative—with benefits ranging from more efficient operations to increased shareholder value, improved environmental conditions, and new market opportunities. A global asset sustainability approach will give you opportunities to further lower costs while ensuring reliable operations in all your properties, plants, and equipment. Learn how.

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KXEN, An Important New Asset in the Evolution of SAP Analytics


A couple of weeks ago when I was on briefed on KXEN, the predictive analytics technology provider, I was completely unaware of the deal that was being struck behind the scenes between KXEN and the German software giant SAP, which culminated in KXEN’s acquisition by SAP. The more I think about it, the more this seems to me to be another impactful acquisition by SAP, with KXEN serving as a key

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Case Study: Asset Management Software Provides a Strategic Solution for the Chicago Public School District


As part of its effort to improve literacy in grades K-3, the Chicago Public Schools District needed to manage thousands of personal digital assistants (PDAs) and other devices to ensure distribution to the right teachers at the right institutions—and under serious time constraints. The schools deployed an asset-tracking solution that enabled real-time tracking, as well as budget planning with depreciation. Learn more.

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