A Guide To Salesforce Asset Management Software And Asset Tracking
Businesses can now optimize their operational costs and innovate faster with purpose-built wealth and asset management solutions by Salesforce. Two of the biggest obstacles that management professionals face these days are keeping track of data and effective communication with their clients. Salesforce Asset Management offers solutions for both.
Imagine running a business with a full-fledged operational plant, with heavy machinery, all maintained top-notch as per your maintenance experts, and BOOM suddenly out of nowhere one of the machines on your production line experiences a breakdown. A sudden breakdown is a free invite for numerous business losses. In order to resolve a sudden breakdown the only option at hand is firefighting, somehow managing the plant to restore operations with quick fixes which can eventually put you at a bigger risk of failure in the future. What if I tell you, all this hassle can be avoided with a solution called Salesforce Asset Management.
What is Salesforce Asset Management?
By using salesforce digital asset management companies can keep a track of all their assets, either sold to customers or owned by themselves. They can deploy, operate, maintain, or liquidate assets as per the requirement. Maintain the history of services provided and plan beforehand for upcoming services. Also, they can easily view and log each asset’s purchase timeline, maintenance history, and more information which can easily be accessed at any time to provide crisp and clear communication to the customers or vendors whenever demanded from either side.
Why Has Digital Asset Management Now Become Essential?
Most wealth managers believe that staying up to date on digital capabilities is the key to ongoing success. Gone are the days when filing cabinets and conventional databases were the tools of the trade for wealth management professionals. With the advancement in technology, it’s essential for professionals to stay up to date with the current practices in the market.
Salesforce digital asset management consolidates wealth data from multiple sources into a single view, making it easier for an advisor to invest more of his time in strengthening customer relationships instead of juggling between multiple sources of information.
Improved productivity is another advantage of effective digital asset management software. With all the required information available in one spot, financial advisors can make use of most of their time providing quality services to customers or their own businesses.
Stay on Track & Plan Proactively with Salesforce Digital Asset Management
Asset management, Salesforce enables businesses to schedule and set reminders for their upcoming services, and proactive task prioritization ensures that they are always handling the most pressing business first. Account segmentation and contact alerts allow advisors to manage many clients at once.
This advanced cloud-based asset management solution optimizes information sharing, giving every authorized user instant access to real-time client data to provide a seamless, consistent client experience.
Design The Solution You Need
An Asset management system can only be fully utilized if it’s able to address the unique needs of a business. Various customization options are available, also allowed integration with third-party apps can help financial advisors to increase productivity well beyond what is possible with an out-of-the-box solution. This can result in acing the ability to handle more clients and eventually improve service levels.
It’s all in the Cloud
Asset Management Software Salesforce is a completely cloud-based solution. This means that professionals can collaborate with their teams and clients from anywhere in the world, from any device. They can access a comprehensive view of their clients, updated in real-time to reflect the most current data available. It allows them to see their workload immediately, along with the intelligent lists compiled from all of their leads and opportunities.
Being on the cloud ensures that insights that are required across the entire book of business are available for all relevant stakeholders, giving financial managers the ability to visualize relevant data in the context of client goals. This along with detailed client profiles gives advisors the power to get to know their clients, and serve them better.
How does Salesforce Field Service Asset Management Software Work?
Manage Your Products & Assets
With Salesforce field service asset management software businesses can keep complete inception to depletion records of all their assets and products. Products represent the items that the company sells, and assets are the equipment owned by the business. Assets can be used to store information about the products.
Assets can be linked to maintenance plans, entitlements, work orders, and more so that the support team can quickly assess the history of a customer’s product. Assets include a serial number, purchase dates, and other information that is related to an individual sale. In short, Salesforce customer asset lifecycle management enables companies to keep complete track of their products with their customers. Assets can be associated with various Salesforce records in addition to products, like cases, locations, customer sites or warehouses, Maintenance plans, Work orders or work order line items, Entitlements, Service contracts, or contract line items.
Increase Asset Reliability
Salesforce Field Service Asset Management can also be used to increase asset reliability and prevent unplanned stoppages at the company’s assets. Maintenance managers can now proactively avoid downtime by creating preventive maintenance plans based on asset use, condition, and recommended maintenance schedules. They can use any criteria to create a plan. For example, they can automatically schedule service for an asset if its runtime exceeds a certain threshold or if it showed any abnormal behavior during condition monitoring.
Track & Maintain Your Inventory
Digital asset management Salesforce can also help businesses to track their inventory across different locations. It can help to set up location and product item records, so managers can easily see which items and quantities are stored at a particular place. Salesforce asset inventory management is also a powerful tool to schedule work orders making sure that all required inventory for a work order is available beforehand at a certain location, also it can manage the transfer of goods between warehouses and returns.
Salesforce asset management has the features and tools that all businesses need to manage clients, grow assets, and better manage their book of business. Detailed research of businesses incorporating salesforce field service asset management software has shown to produce maximum ROI.
In short, it’s a powerful, full-service asset management solution that can help businesses and clients to keep up with the digitally growing world of business.