Asset Management System

An asset management system includes several basic elements, including:

1.        Asset identification: It involves identifying and classifying all assets owned by the company, whether financial such as stocks and bonds or physical such as equipment and buildings.  

1.        Asset Valuation: It includes evaluating the value of financial and physical assets to determine their current value and changes over time.  

1.        Investment planning: It involves determining the appropriate investment strategy for financial assets to achieve the highest possible return and reduce potential risks.  

1.       Risk Management: It includes identifying and assessing potential risks related to assets and applying strategies to reduce these risks and reduce exposure to financial losses.  

1.        Asset maintenance: It includes the application of regular maintenance programs for physical assets to maintain their value and ensure the continuity of their efficient operation.  

1.        Asset Tracking: It includes tracking and monitoring the movement of assets, determining their location and current status, and updating records related to them.