Managing Customer Assets Or your own assets operating in the field, CheckNet encompasses several key functions that help organisations optimise their resources. Inventory Management Keep an up-to-date inventory of all assets, including their location, status, and condition. Lifecycle Management Monitor the life cycle of each asset from acquisition to disposal, ensuring that every stage of the asset's life is documented and optimised. Implement a maintenance schedule To ensure that regular inspections, repairs, and preventive maintenance are performed timely to reduce the risk of asset failure.

Cost Management Attached receipts to the CheckNet asset record, for easy retrieval for warranty issues. Cost Analysis By taking a deeper dive, analyse the total cost of ownership (TCO) versus return on investment (ROI) to make informed decisions about future asset acquisition or replacement. Depreciation Tracking Determine the depreciation rate of assets based on usage, wear and tear, and market conditions. This is crucial for financial reporting and tax purposes.