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Fixed asset management could be extremely complex whether you are implementing it for the first time. Or calculating the depreciation schedules on an ongoing basis. Changing regulations could also add to the complexity. So what do you need to know about managing fixed assets? Do different countries or states have reporting requirements? If so, what do you need to look for in an ERP?
In today's episode, we invited a panel of cross-functional experts for a live interview on LinkedIn who brings significant expertise to discuss Fixed Asset Management best practices. We discussed why fixed assets are a unique beast when it comes to ERP implementation and historical data migration. Finally, we discussed the pros and cons of using an EAM solution on top of the core ERP offering vs using full-suite as part of one solution.
For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.
WBSRocks: Scaling Growth with AI, Enterprise Software, and Digital Transformation