hivit Asset Manager integrates with Shivit Procurement Manager to make it really easy to capitalize items procured by an organization. Even if the procurement is done manually or via an ERP it is a breeze to set up an asset as a capital good and take it on to the asset register.

1. Asset management refers to the systematic and
strategic process of managing an organization's
assets to achieve specific goals and objectives.
Assets can include physical assets, such as
equipment, machinery, buildings, and vehicles, as
well as intangible assets like intellectual property,
patents, and software.
What is Asset Management?

2. Key components of asset
management include:
1.Asset Inventory and Classification.
2.Asset Acquisition.
3.Asset Maintenance and Management
4.Asset Tracking and Monitoring.
5.Epreciation and Financial Management
6.Risk Assessment.

3. Why is important asset
management software?
Improved Asset Tracking.
Enhanced Asset Utilization.
Increased Efficiency.
Proactive Maintenance.
Regulatory Compliance.
Accurate Financial Reporting.
Data-Driven Decision Making.
Enhanced Security.

4. Asset management software
Asset management software is a specialized tool or
application designed to help organizations efficiently
track, monitor, and manage their physical and digital
assets throughout their entire lifecycle. It enables
businesses to keep a comprehensive record of their
assets, including equipment, machinery, hardware,
software, furniture, vehicles, and other valuable items.