FixedAssetsManagement

Kumulsoft / FixedAssetsManagement
  • 5mins read

Understanding the full Fixed Assets’ Lifecycle

Ensuring Asset Value Through Every Phase of the Lifecycle Process Introduction It is vital to understand the full process of fixed asset lifecycle management, from acquisition to disposal. Managing assets effectively throughout every phase of their lifecycle is essential for maximizing value, ensuring operational efficiency, and maintaining regulatory compliance. Unfortunately, many organizations tend to focus […]

Business
  • 6mins read

Strategic and Innovative Solutions for Sustainable Fixed Asset Management: Strengthening Governance and Operational Efficiency!

Effective management of fixed asset including plants, machinery, infrastructures, property, office equipment, and furniture is vital for operational efficiency, sustainable development, good governance, and economic resilience, especially for businesses and organizations in Papua New Guinea and worldwide. However, many face common challenges such as outdated infrastructure, inadequate record keeping, disjointed data, and constrained capacity, which […]

Business