Infographic: 3 Reasons to Ditch your Fixed Asset Spreadsheet
While spreadsheets are a very robust tool, they can present some serious challenges (and consequences) when used for asset management processes. Using fixed asset spreadsheets to track and account for assets requires a significant amount of time and energy on your own part, as well as your team.
Managing your asset data in spreadsheets presents many other challenges, including errors, overwrites, wasted time, and a lack of accountability- not to mention the headaches associated with searching for misplaced assets and lost spreadsheets. If left unaddressed, these challenges can lead to bigger problems, like compliance and funding concerns, and budgeting issues.
The bottom line is this: spreadsheets were not designed for fixed asset management. Check out this infographic to learn more about the limitations associated with fixed asset spreadsheets. For a printable PDF of this Infographic, click here.