Man in business suit using hands to demonstrate profitability graph

All organizations are, to a certain degree, sustained by the effective management of fixed assets. A necessary lifeline, fixed assets are used every day to enhance a firm’s production capacity and ensure long-term profitability. Since fixed assets constitute nearly 40 percent of all total asset costs, visibility and insight into asset utilization have a direct impact on profitability. As such, the use of fixed asset management...

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