Asset management software with integrated claims software rolls out in early March 2012. Claims software, when combined with asset management software, integrates claims with asset management details such as asset unit number, asset cost, current value, projected value, asset type, operator, location, and use history. Asset management software shows a history of any claims associated with that asset, including litigation history with related documents.
Asset management is ideal for tracking asset claims, asset costs, and asset value across an organization, giving asset managers secure online resources needed to understand the scope of how assets are being used, for what purpose, and by which departments. Asset management software relates assets to various people and their associated departments, allowing multiple party assignments to an asset including the asset maintenance engineer, asset owner, asset leasing party, and various insurance companies providing any coverages for that asset.
Asset tracking software will accommodate a variety of asset tracking, including both tangible and intangible assets. Tangible assets include physical assets including property, vehicles, cars, trucks, boats, planes, equipment, buildings, or goods sold to name some examples. With the vast array of tangible assets and their value to an organization, asset management software will offer numerous ways to group asset information by type, category, group, owner, leaseholder, and maintenance technician.
Assets may also be grouped by their potential “value” to an organization that goes beyond the balance sheet, such as how important that asset is to the company and what liability that asset holds should that asset be damaged or turn up missing. Asset management software brings a whole new meaning to the world of maintaining company assets, that goes beyond the balance sheet. More information on intangible asset management software will be released shortly.
Asset software and combined claims software has built-in contact management to assign key relationships between people, companies, assets, and claims, given their various roles. Asset claimants may link to claim witnesses, whether damaged company assets, assets sold, or leased to 3rd parties or even other business units. Asset software provides user-friendly tools for setting up asset reminders when key asset dates come due, such as asset return dates, sell dates, or maintenance dates. Assets may come due for maintenance and maintenance staff can receive updates on the location and condition of the asset including mileage. Asset management software notifications give technicians an opportunity to prepare for the maintenance work, and maintain greater efficiency in maintaining assets in general.