Fixed asset management software is often incorporated into the asset management process to improve visibility and control. This information allows you to know where a particular asset is in its lifecycle at any given moment and evaluate whether or not it’s providing value to your business.
Fixed asset management software offer you the ability to — manage your assets in terms of financial accountability and planning, while also tracking your assets to ensure you’re getting the most productivity from them — so as you’re searching you will likely run into both terms being used to describe the same product.