You have Fixed Asset Inventories that need attention and a PeopleSoft solution to satisfy. Now what?
mobilePLUS for PeopleSoft
The Fixed Asset Dilemma
There has always been a need to conduct fixed asset inventories in any organization. We all need to account for what we have and where we have it, right? The data that we collect during those activities is critical to understanding our financial status. But it is also crucial when we’re doing budgeting, planning operations, and just managing our resources.
Options on Approach
We have a few different ways to go about getting this information:
Manual
Send staff out with a clipboard, excel sheet, and a pen to conduct an inventory & then key that information back into PeopleSoft
Scan
Add barcodes to the process (on the assets and/or the excel sheet) to speed things up in data collection and possibly data entry – and perhaps upload files to PeopleSoft.
Automate
Handle the entire process from creating the inventory activity in PeopleSoft to conducting the audit on a mobile device to electronically communicating the results directly into PeopleSoft AM.
How do you decide?
Why is it, given the importance of the data, many teams are still sending out their staff into their offices or other locations with that clipboard? Even today, this approach is far more common than you’d think.
You would think most would go for automation, given a choice.
Deciding to automate doesn’t make that choice easier – which is likely why you’re reading this web page now. Many different tools are available to enable you to automate your inventory activities and do so with your PeopleSoft AM solution.
We think mobilePLUS for PeopleSoft is the best choice
for your PeopleSoft Asset Inventories
Clearly, we have some bias here. But we’ve been fielding mobile asset inventory solutions for PeopleSoft all over the world – for 20 years.
mobilePLUS has been around the block, so to speak. It has been leveraged and proven in huge, multi-national, distributed organizations – and also small, single location ones. Regardless of the size of the team or number of assets, mobilePLUS can fully automate your PeopleSoft inventory activities from start to finish – quickly, easily, and accurately.
How does mobilePLUS for PeopleSoft work?
Instead of printing out information on your assets, mobilePLUS can communicate electronically with PeopleSoft to get the inventory extract data that each of your users need to complete their part of the inventory.- mobilePLUS operates on mobile devices, guiding the inventory team through their count and providing them with additional information along the way to make the task easier for them. No more spreadsheets & clipboards. No more scanning to excel sheets or CSV files only to have to manually update PeopleSoft.
- Once they’re finished, mobilePLUS takes the information that the team collected on their devices and sends it directly back to PeopleSoft AM – quickly, easily, electronically – no data entry required.
- When everything is said and done, mobilePLUS also offers you a complete data log that provides an audit trail of all activities that occurred. This data can assist in activity review, asset analysis, troubleshooting, and more. It can be a valuable tool for understanding what happened, where, and when.
Your data is collected at the asset & communicated directly into PeopleSoft.
If you’ve imagined an inventory without spreadsheets, data errors, recounts, arguments, and headaches
then you’ll definitely want to take a closer look at mobilePLUS for PeopleSoft.
Why use mobilePLUS for PeopleSoft?
The philosophy that started mobilePLUS is to put people at the center of the solution. In our twenty years as a team, it has been our mission to make lives easier for the people tasked with doing data collection work – and the people tasked with using that the data after the input.
mobilePLUS for PeopleSoft is focused on the ease of the task and the integrity of the data. These two elements go hand in hand when it comes to ensuring that your PeopleSoft solution contains accurate information for whatever your agency needs – when they need it.
Some Other Things to Consider
Part of keeping a solution easy to use is ensuring that it can accommodate the changing needs of your organization. Assets may continuously be on the move, and your team may be juggling a lot of different tasks, needs, and environments. But when it comes to complying with your inventory requirements, mobilePLUS for PeopleSoft can help:
Your organization has invested heavily in your PeopleSoft solution. mobilePLUS for PeopleSoft provides a way to quickly and easily extend the value of that solution – and streamline your inventories and ensure that the results data that you provide is as accurate and timely.
Research firm Gartner has found that the average cost of poor data quality on businesses amounts to anywhere between $9.7 million and $14.2 million annually. At the macro level, bad data is estimated to cost the US more than $3 trillion per year. In other words, bad data is bad for business.