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Workday Business Assets combines the traditionally separate domains of fixed assets and inventory with the ability to manage high-value, low-cost items such as mobile phones and security badges. Just because these items are small and inexpensive doesn’t mean they aren’t important to your business.
With Workday Business Assets, you can:
The world of “assets” has changed significantly since traditional Fixed Asset systems were designed and deployed. Assets used to be large, expensive, and “fixed” to the floor. While traditional Fixed Asset systems managed the accounting of large, immobile assets, they were never designed to help companies manage the high-value, low-cost assets that so many businesses now rely on such as laptops, cell phones, web-conferencing accounts, and other “utility belt” items that are often provided to workers today. Just because these items are small and inexpensive doesn’t mean they aren’t important to your business.
The key to business asset management is the separation of business asset accounting from business asset tracking. By separating the accounting and tracking processes and decisions, it allows all business assets to be accounted for according to accounting rules and tracked according to business use.
"Business Assets" is part of the Workday line of products, developed by Workday, Inc..