asset management

EconomicsIndustrial engineeringManagement

What is Asset Management? Definition, Asset Life Cycle, Types, Process, and 5 Asset management Softwares

Asset management is a system that helps companies to keep a record of all their assets, such as instruments, machinery, and expenses. Keeping tabs on the assets helps streamline operations. The process also reduces the possibility of recording ghost assets, since all the assets are well accounted for.

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