RedBeam Articles
Preventive Maintenance Checklist: Key Tasks for Upkeep
Jun 26, 2024 · 6 minute read
Keeping equipment and assets in optimal condition requires a proactive approach. A well-structured preventive maintenance checklist is essential for ensuring that all necessary tasks are performed ...
Read More about Preventive Maintenance Checklist: Key Tasks for Upkeep
How To Create an Effective Asset Management Plan in 2024
Jun 26, 2024 · 6 minute read
Struggling with disorganized assets, unexpected downtime, and inefficient resource allocation can significantly hinder your organization's performance. These issues often stem from a lack of a ...
Read More about How To Create an Effective Asset Management Plan in 2024
What Is Asset Control? A Beginner’s Guide
Jun 11, 2024 · 6 minute read
Maintaining control over your organization's assets is paramount in today's dynamic business environment. Mismanagement can lead to inefficiencies, increased costs, and security risks.
Read More about What Is Asset Control? A Beginner’s Guide
What Are Assets? Types and Examples
Jun 3, 2024 · 6 minute read
In the fast-paced business world, every organization relies on a hidden engine to turn the wheels of success: its assets. These valuable assets, whether tangible or intangible, form the foundation ...
Read More about What Are Assets? Types and Examples
Equipment Management: Strategies for Efficient Asset Control
Jun 3, 2024 · 5 minute read
Equipment is the backbone of most organizations. It keeps the wheels turning to get the job done. But just like a car needs regular tune-ups to run smoothly, your equipment needs proper management to ...
Read More about Equipment Management: Strategies for Efficient Asset Control
Construction Asset Management: The Complete Guide
May 31, 2024 · 5 minute read
Keeping track of tools and equipment at construction sites can feel like trying to herd cats. A misplaced hammer here, a missing drill bit there – these seemingly minor inconveniences can quickly ...
Read More about Construction Asset Management: The Complete Guide
Fixed Asset Depreciation: Here's What You Need to Know
May 30, 2024 · 5 minute read
Understanding fixed asset depreciation is crucial for any business aiming to optimize financial performance and maintain compliance with accounting standards. In this blog, we’ll demystify the ...
Read More about Fixed Asset Depreciation: Here's What You Need to Know
What Is Enterprise Asset Management (EAM)? A Quick Guide
May 10, 2024 · 6 minute read
Ever feel like your business is running on fumes because equipment keeps breaking down? Or maybe you're struggling to keep track of maintenance schedules and inventory for all your physical assets.
Read More about What Is Enterprise Asset Management (EAM)? A Quick Guide
What Is Fixed Asset Management? Overview & Best Practices
Mar 25, 2024 · 6 minute read
Whether you're running a small business or a multinational corporation, fixed assets are a fundamental part of your operations. From buildings and machinery to software and office equipment, the ...
Read More about What Is Fixed Asset Management? Overview & Best Practices
How to Build an Asset Management Policy
Jan 3, 2024 · 5 minute read
You’ve worked hard to instill asset management best practices into your business. But what happens when you’re not around or someone else needs to dispose of an asset? If you don’t know, then you ...
Read More about How to Build an Asset Management PolicyAsset Management Compliance: The Ultimate Guide
Dec 28, 2023 · 11 minute read
Managing compliance for asset management can be overwhelming and complex. Many organizations struggle to keep accurate records, stay updated with regulations, and ensure all processes are compliant. ...
Read More about Asset Management Compliance: The Ultimate Guide
Active vs. Passive RFID: Which Is Right for Your Use Case?
Dec 27, 2023 · 4 minute read
Radio Frequency Identification (RFID) tags can be a lifesaver when managing your company’s assets, but if you’re not an expert, it can be confusing to pick the right type of RFID tag for your ...
Read More about Active vs. Passive RFID: Which Is Right for Your Use Case?
3 Types of Internal Controls (To Safeguard Your Assets)
Dec 22, 2023 · 5 minute read
Imagine you woke up one day to discover your assets were missing.
Read More about 3 Types of Internal Controls (To Safeguard Your Assets)
Hardware Procurement 2024: Key Strategies
Dec 20, 2023 · 5 minute read
In a business world where digital transformation is the new norm, most companies invest thousands (or millions) into IT hardware every year. Even though they spend a lot, many companies don’t have a ...
Read More about Hardware Procurement 2024: Key Strategies
Why RFID Tags May Be Cheaper Than You Think
Dec 18, 2023 · 4 minute read
Every business wants to get complete clarity over its assets. But it’s not always easy to know which asset tracking solution to use: barcodes or RFID tags.
Read More about Why RFID Tags May Be Cheaper Than You Think
IT Asset Management: Best Practices for 2024
Dec 15, 2023 · 5 minute read
IT asset management (ITAM) is the process at the heart of 21st-century businesses that many attempt but few truly master. This intricate process of tracking, analyzing, and optimizing technological ...
Read More about IT Asset Management: Best Practices for 2024
Government Asset Management Software Explained
Dec 12, 2023 · 5 minute read
When you work in a government agency, you care about improving the level of service you provide to the community and protecting tax dollars.
Read More about Government Asset Management Software Explained
How to Build an RFID Tool Tracking System
Dec 11, 2023 · 5 minute read
If you want to keep a record of the location and condition of your tools, an RFID tool tracking system is an excellent solution and a common asset tracking application. While transitioning from a ...
Read More about How to Build an RFID Tool Tracking System
Asset Utilization: What It Is, How It's Calculated, and Why It Matters
Dec 6, 2023 · 8 minute read
Maximizing the return on your valuable assets is a priority, given their high cost. The challenge, however, lies in achieving the perfect balance: underutilization can preserve assets at the expense ...
Read More about Asset Utilization: What It Is, How It's Calculated, and Why It Matters
From Acquisition to Retirement: Understanding the Equipment Lifecycle
Nov 29, 2023 · 4 minute read
In pursuing innovation, businesses often find themselves trapped in a paradox. They invest in cutting-edge equipment, only to see it become outdated. This paradox raises a crucial question. Can you ...
Read More about From Acquisition to Retirement: Understanding the Equipment Lifecycle
7 Asset Optimization Best Practices (Quick-Start Guide)
Nov 22, 2023 · 6 minute read
Losing track of expensive equipment can be a company’s worst nightmare. Improperly managed assets can be a headache for management and lead to significant losses. Keeping valuable assets in storage ...
Read More about 7 Asset Optimization Best Practices (Quick-Start Guide)
The Dos and Don’ts of IT Asset Management: Best Practices for Efficiency and Savings
Nov 8, 2023 · 4 minute read
Picture an organization with scattered IT assets and no centralized tracking system. They overspend, miss critical updates, and face security risks. Poor IT asset management (ITAM) causes wasted ...
Read More about The Dos and Don’ts of IT Asset Management: Best Practices for Efficiency and Savings
A Guide to Technology Lifecycle Management
Oct 25, 2023 · 6 minute read
You're constantly looking for ways to innovate and grow your business using technology, and you're not alone. Technology is advancing rapidly, and innovative organizations are hopping on the moving ...
Read More about A Guide to Technology Lifecycle Management
Best Practices for IT Lifecycle Management
Oct 18, 2023 · 5 minute read
Information technology, or IT, is central to 21st-century business practices. While previously IT was a mere addition to corporate processes, it is now one of the primary vehicles driving modern ...
Read More about Best Practices for IT Lifecycle Management
Nonprofit Asset Management Software Overview
Oct 18, 2023 · 5 minute read
Do you know where every fixed asset in your organization is right now? Do you know what is in which location, which volunteer has brought what home, and when the asset is coming back?
Read More about Nonprofit Asset Management Software Overview
Inventory vs. Asset Management: A Comparison
Oct 4, 2023 · 6 minute read
If you’re struggling to minimize inventory carrying costs or don’t have full control over your most important assets, you need a new approach to inventory and asset management.
Read More about Inventory vs. Asset Management: A ComparisonPhysical Asset Management: Definition and Key Strategies
Sep 27, 2023 · 6 minute read
Are you struggling with keeping track of your organization's physical assets? Do inefficiencies and maintenance issues frequently disrupt your operations? If so, you're not alone. Many organizations ...
Read More about Physical Asset Management: Definition and Key Strategies
9 Business Benefits of Equipment Asset Management
Sep 13, 2023 · 5 minute read
Every tool, piece of equipment, or item your business purchases is an investment. You buy equipment because of the returns it provides. Equipment asset management is also an investment — one that ...
Read More about 9 Business Benefits of Equipment Asset Management
Cloud Asset Management: What It Is and Why You Should Care
Aug 30, 2023 · 5 minute read
In an age where "it's in the cloud" is as commonplace as the air we breathe, it's evident that asset management has undergone a radical transformation. The days of pens, paper, and ledgers — or even ...
Read More about Cloud Asset Management: What It Is and Why You Should Care
Asset Lifecycle Management: Stages & Practices
Aug 23, 2023 · 7 minute read
Your assets won’t live forever. They’ll serve their purpose, but they’ll eventually need to be replaced.
Read More about Asset Lifecycle Management: Stages & Practices
How to Build a Hardware Asset Management Process
Aug 16, 2023 · 5 minute read
Technology has become the backbone of the modern office. Whether it's servers, end-user devices like laptops, or networking devices, your hardware assets are fundamental to business operations.
Read More about How to Build a Hardware Asset Management Process
What Is an Asset Management System? # Things To Look For
May 8, 2023 · 6 minute read
Whether you're a small business owner, a financial expert, or an industry tycoon, keeping track of your assets can make or break your success story.
Read More about What Is an Asset Management System? # Things To Look For
Fixed Asset Management 101: Best Practices for Success
May 5, 2023 · 5 minute read
The success of your organization depends on the people who make up that team. But to keep up with day-to-day operations, those people depend on a variety of assets like vehicles, computers, ...
Read More about Fixed Asset Management 101: Best Practices for Success
The 5 Most Common Mistakes Made During Asset Audits
Dec 6, 2022 · 3 minute read
Each year, fixed asset audits are conducted in countless organizations across various industries. These audits may not be much fun, but many companies are legally required to perform them. They ...
Read More about The 5 Most Common Mistakes Made During Asset Audits
How To Conduct an Asset Audit: The Complete Guide
Nov 23, 2022 · 6 minute read
Are you struggling with outdated asset records, compliance issues, or the inefficiencies of manual tracking methods? These challenges can lead to significant financial losses and operational ...
Read More about How To Conduct an Asset Audit: The Complete Guide
Asset Management Challenges in Construction
Nov 21, 2022 · 2 minute read
The construction industry has faced and continues to face tremendous challenges. While these challenges can come from various causes, they all have in common: they can be lessened by using ...
Read More about Asset Management Challenges in Construction
4 Benefits of Fixed Asset Management Software
Nov 11, 2022 · 2 minute read
Fixed asset management software gives you an edge over your competitors in managing business assets and equipment. Today, we’re going to explore what this software is and the four main benefits you ...
Read More about 4 Benefits of Fixed Asset Management Software
The Importance of Asset Management for Small Businesses
Oct 27, 2022 · 1 minute read
As a small business owner, you know asset management is important, but you may not have the time or resources to invest in a full-fledged asset management system. Small businesses might have some ...
Read More about The Importance of Asset Management for Small Businesses
How to Get Started with RedBeam Asset Tracking Software
Oct 5, 2022 · 3 minute read
It should come as no surprise that organizing your business's equipment well can lead to huge benefits and even help overcome some of the challenges we’ve discussed in our previous blogs. In fact, ...
Read More about How to Get Started with RedBeam Asset Tracking Software
5 Ideas for Preventative Maintenance Using Asset Tracking Software
Sep 21, 2022 · 3 minute read
Maintenance is essential to the proper function of any machine on the job site. By performing regular preventative maintenance, you can avoid the inconvenience and expense of a sudden breakdown. ...
Read More about 5 Ideas for Preventative Maintenance Using Asset Tracking Software
The Ultimate Guide to Fixed Assets
Aug 31, 2022 · 4 minute read
When it comes to company acquisitions, few are as costly - or as important - as fixed assets. These tangible items, which can include anything from land and buildings to machinery and vehicles, play ...
Read More about The Ultimate Guide to Fixed Assets
3 Signs Your Government Agency Needs An Asset Management System
Jul 6, 2022 · 2 minute read
There are many things that affect your state or local government organizations, and one of them is the time and cost required to manage assets. With so many processes and procedures to manage, it's ...
Read More about 3 Signs Your Government Agency Needs An Asset Management System
How to Use Asset Scanning for Asset Inventory Management
Jun 15, 2022 · 5 minute read
Businesses of all sizes struggle with staying organized and managing their assets. As a business owner or employee, have you ever lost something valuable that you needed and couldn't find it? Have ...
Read More about How to Use Asset Scanning for Asset Inventory Management
Asset Management ROI: How to Calculate Your Return on Investment
Jan 20, 2022 · 3 minute read
You may have a gut feeling that an asset tracking system could make your job easier and improve your organization's bottom line. But with limited resources and so many options available, it’s ...
Read More about Asset Management ROI: How to Calculate Your Return on Investment
