Asset Management: An Avenue for Growing Your IT Services Business

3 min

In the world of managed services, there’s nothing more important than doing good work for your clients. Working with an asset management solution is an affordable way to add value to your business and increase the number of services you can offer to your clients.

It’s more than just a way to track client inventory. A smart cloud-based asset tracking solution enables your business to provide market insights, details that can reduce your clients’ costs, and data for tax deductions.

With a system that’s intelligent, cloud-based, and ready to deploy out-of-the-box, you can multiply the value of the services you provide to your clients.

it asset managementTrack Digital and Physical Assets

Depending on your client base, you may need to track physical assets, digital assets, or both.

The benefits of tracking physical assets are clear. They can help you and your clients monitor asset performance, depreciation, and inventory loss.Tracking digital assets, such as proprietary files, with an asset management solution may be even more effective for the right client business.

When working with digital assets, licensing, ownership, terms of use, and changing file formats make matters complicated. By tracking files as assets, you can keep all of this information accessible for your clients. You can even deliver the same files to collaborators in different formats seamlessly!

Collect Valuable Client Data

Asset activity data is an invaluable source of business insight for your clients. With this information, you can offer asset analytics that help your clients plan orders, schedule maintenance, and liquidate unused assets. With additional information from your clients, you can even provide asset performance analytics that will help optimize your client businesses.

By leveraging an asset management solution to their benefit, you can help your clients grow and expand by saving costs and building a more effective asset inventory. This will help you keep your accounts going and will improve your capacity to upsell your services to current clients. A job well-done with great results will generate new clients through referrals to your business.

Additionally, you can market your new services to expand your pool of prospective clients. Asset performance analytics are in high demand, and for good reason. With so many small businesses adopting performance-optimizing solutions, it’s hard to compete without analytics services.

Track Fixed Asset Depreciation for Tax Deductions

You can help your clients reduce tax expenses by using GoCodes to calculate fixed-asset depreciation. Small to medium-sized business face difficult tax situations and often can’t afford legal tax representation to help prepare for tax season each year.

While you’re probably not interested including tax preparation services in your list of services provided, most small business owners use tax preparation software that enables them to use your fixed-asset depreciation information and save on their annual tax bill.

Helping your client businesses thrive is an excellent way to grow your business with upsales and referrals. Reducing tax costs is a direct way of doing this.

Seamlessly Integrate Asset Management

The right asset management solution requires very little effort to get up and running. With a cloud-based platform, there’s no installation required.

There’s no need to purchase scanners or additional devices. You and your clients already have all of the technology you need! Smartphones scan QR codes and the asset management portal is accessible remotely on the internet.

Getting your asset management solution up and running is quick and easy. The benefits are well worth it.

With no installation, no new hardware, and minimal setup time, there’s no reason not to try our asset management solution for free.

If you have any questions about asset management for your IT services business, don’t hesitate to contact us!

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