Asset management for federal, state, and local government agencies
Because of their often complex work, government agencies use many physical assets.
That’s why government agencies need an asset management system that enables them to track those assets responsibly. A robust government property management system improves agency efficiency and helps government agencies to meet internal audit requirements.
Common challenges government agencies face in managing physical assets
Lack of adequate tools
We’ve found that many government agencies rely on inadequate tools for asset management, such as spreadsheets or ERP systems.
Government agencies may rely on spreadsheets to manage their asset information. These spreadsheets are often cumbersome and lead to data errors and inefficiencies. This makes it difficult to adequately manage the hundreds or even thousands of assets an agency may be responsible for.
Agencies cannot rely on their ERP systems for sufficient asset management either. ERP systems only record a limited set of asset information. This is not sufficient to track the life-cycle events of physical assets.
Different guidelines and requirements
Federal government agencies must follow guidelines for managing the life-cycle events of government property. This means federal government agencies must tag assets, track asset usage and condition, as well as manage maintenance and disposal.
Many state and local government agencies are required to follow the equipment management guideline in CFR, Uniform Guidance, including tracking asset condition, usage, and location, depreciation, disposal.
A good government property management system allows any government agency to follow important guidelines and stay in compliance with grant requirements easily and efficiently.
How does eQuip! support government agencies?
eQuip! comes at an accessible cost for most government agencies. Our low-cost asset management system supports an unlimited number of users and assets. This makes eQuip! the perfect choice for government agencies big and small. With eQuip! you can meet your goals without breaking your budget.
Easy system transition
eQuip! makes it simple to start. Easy import and export allow your agency to quickly transition from past asset records to modern asset management records. System implementation occurs in a matter of weeks, allowing your agency to see results sooner rather than later.
Comply with government regulations easily with built-in business processes. Use eQuip! to leverage best practices like ASTM E-53. Our robust asset management allows you to meet government audit requirements, including Uniform Guidance, CFR, and GASB 34/35.
What agencies are using eQuip! asset management system?
- Emergency Management Agencies
- City and County Governments
- State Boards of Elections
- Federal Government Agencies
How can we procure eQuip?
eQuip! software and support services can be procured through these contract vehicles: