No matter what the size of a company is, asset management software is crucial for the smooth functioning of the business. Leaving the asset management to a manual team will not only increase the number of people onboard but also reduce the quality of output and increase inaccuracy. A recent survey noted that most US-based finance executives spend about one week every month maintaining a spreadsheet for their assets. This survey called the process excessively time-consuming. Following are a few management software that can increase the efficiency of asset management.

Sage FAS
This software is specially designed to track, manage, and monitor the life cycle of fixed assets.

ProSeries Fixed Asset Manager
This software is used by the top accounting firms to calculate the depreciation and value of their clients’ assets.

IBM Maximo
This software is tailor-made to aid an enterprise with effective in-house asset management. It is not advisable for large enterprises to outsource their asset management, and that is where this software comes into play. With the intelligent scheduling feature, one can easily pair this software with other Maximo software for the best output. One of the main features of this management software is the ability to provide a real-time overview of the assets and resources. It is available in the cloud as a SaaS (Software as a Service), on-premise, as well as a hybrid model. You can choose a model that fits your business style.