Proper management of your company’s assets is arguably one of the most important parts of running a successful business. By managing you company’s assets in a more efficient manner, money and time can be saved immensely. Within any industry, assets can be either physical, such as aircraft repair instruments, calibration tools and computers, or abstract, such as calibration schedules and financial information. Trying to keep track of either type can be extremely rigorous and time consuming, therefore, utilizing an asset management software can be very beneficial (and is highly recommended). In this whitepaper, we will cover the benefits of using asset management software, how to select the right fit for you, why you should choose a cloud-based application and why you should be investing in software – as opposed to using a free option.