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Track Asset Lifecycle and Depreciation Using an Asset Management Solution

Save Time and Money With Asset Management.

Do You Know The Accurate Value of Every Item In Your School at This Moment?

The actual current value of the assets in your school or academy is valuable information. Too often though, this information is difficult to calculate and even harder to keep up-to-date and have available when you need it. AudIT asset management software can help, with powerful monitoring that can provide you with reports on what you actually own, what its maintenance and repair status is, and what it’s actually worth – all at the click of a button.

Download the asset management white paper.

AudIT lets you attach multiple documents, photos and images to an asset’s record – anything you would want to refer to when budgeting, making a claim, or sending an item for repair. With this function your school can keep data such as proof of ownership, lease or HP agreements, maintenance records, warranty information and PAT testing information together and accessible by viewing a single record. With paper records, or a desktop computer-based program, there’s the possibility that your records could go missing or be lost when you need them. AudIT is accessed through the internet, meaning your data is always safe and always available when you want it.

AudIT’s powerful reporting functions let you manage your assets from the moment they enter the school (and your asset register) all the way through until you dispose of or replace them. The reports to manage the life cycle of the assets in your school inventory include:

Warranty Expiration Alerts

  • Get alerted when an object is going out of warranty
  • Keep license numbers, manufacturer’s details and key contacts together in a single record
  • Know instantly if a broken item is under warranty and know who to call for repairs

Schedule Maintenance

  • Take control of scheduling risk assessments and maintenance schedules with AUDIT
  • See maintenance schedules for objects, rooms or buildings

Download a guide to AudIT's capital depreciation report features.Depreciation Calculator

  • Calculate the depreciation for individual assets or categories of assets
  • Set your purchase price and the length of time for depreciation
  • Make sure you’re getting the full value for your money by using an object to the full extent of its lifetime!

Record Asset Disposals

  • Keep a record of assets that have been removed from AudIT
  • Attach reasons for removing something from your school inventory
  • Show that you comply with legislation such as Waste Electrical and Electronic Equipment (WEEE) laws

AudIT can grow with your school, and lets you add as many items as you need to your school or academy’s inventory. With SG World’s annual audit service, our CRB checked engineers can also come out to your school on a regular basis to barcode and photograph new assets and keep your system up to date.

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