• 01276 855 847 Nationwide (UK)
  • info@bmscontrols.co.uk Email Us
  • Unit C1D, Fairoaks Airport Surrey, GU24 8HX

BMS Controls Articles

Understanding an Asset Register Template and How it Can Aid Facilities Management

An asset register template is a useful tool that any facilities manager should consider using. It enables the tracking and managing of a building’s assets, providing an accurate picture of the items that are owned and their current value. With an asset register, facilities managers can save time, improve the accuracy of their inventory and asset tracking, and reduce costs.

What is an Asset Register Template?

An asset register template is essentially a list of all the assets owned by a company, organization, or individual. It is typically used to track items such as furniture, office equipment, and other physical assets. The template includes the item’s name, its value, its purchase date, and any other relevant information. An asset register may also include information about warranties, depreciation, and insurance.

Why Use an Asset Register Template?

Asset registers are beneficial to facilities managers because they can help to reduce costs and improve accuracy. By having an accurate record of all assets and their values, it is easier to track, manage, and budget for upkeep and replacements. An asset register can also help to identify potential areas of cost savings, as well as any potential risks that may affect the building or the assets.

How to Create an Asset Register Template

Creating an asset register template is relatively straightforward. It is first necessary to identify all the assets that are owned and to record the information accurately in the template. This includes the item’s name, purchase date, and its current value. Any warranties, depreciation, and insurance coverage should also be noted. Once all the information is entered, the template can be used to track and manage the assets on an ongoing basis.

Benefits of an Asset Register Template for Facilities Management

An asset register template is a valuable tool for facilities managers. It can help to reduce costs and improve accuracy when tracking and managing assets. It also allows for cost savings to be identified and any potential risks to be managed more effectively. An asset register can provide an accurate picture of the organization’s assets, enabling better planning and budgeting.

Conclusion

An asset register template is an invaluable tool for facilities managers. It provides an accurate picture of the organization’s assets and their values, allowing for better planning and budgeting. It can help to reduce costs and improve asset tracking and management. With an asset register template, facilities managers can save time and money while ensuring the building’s assets are well maintained.