Have you ever been penalized because leased assets were overdue?
Having trouble finding assets from your leasing company?
Are RMAs a headache when dealing with your leasing company?
Have you ever paid penalties or purchased an asset because of leasing?
Many companies find it challenging to manage their leased assets. Lease and date information is not always readily available, making it difficult to know which leases are due and when. Leased assets can move within the company during the span of the lease. If they are not tracked properly, it becomes next to impossible to locate the asset when the lease is due.
In an RMA situation, poor communication between you and your leasing company can cause problems when a lease comes to term. If a leased asset is replaced by the manufacturer during the leasing period, it is very important that the leasing company is notified and the new serial number is recorded. If the notification does not occur, you will face a long process of trying to prove that the replacement did indeed take place and which asset it was replaced with
Asset management helps companies keep track of each individual leased asset and lease date, making it easier to identify which asset leases are coming to an end. It also corrects the confusion around RMAs by linking the returned asset information to the new asset.Effective management of leased assets through AssetManagerTM, combined with a Data HarvestTM(which provides you with a baseline inventory), paints you a clear picture of where all of your assets are located, making it possible to return leased assets without pain or penalty.