Asset management combines financial, contractual and inventory functions to support lifecycle management and strategic decision making in order to manage and track physical and non-physical assets. These principles are applied to the management of fixed, movable and IT assets.
Effective asset management ensures that an organisation’s assets are accounted for, controlled, safeguarded, used efficiently and maintained in-line with the company’s strategy; that its asset value is assured and maximised. Our services cover planning, demand management, policy and procedure formulation, acquisitions, use, database registers, maintenance, valuation and disposal of assets.
At the very least, detailed fixed and movable company asset registers are necessary for financial accounting and reporting, are a compliance requirement under specific legislation, and are invaluable for the performing of effective facilities services.