Asset management is defined as a systematic approach to developing and increasing wealth over a period of time by creating a comprehensive system that can help individuals or organizations keep track of their assets efficiently and cost-effectively. However, studies show that 43% of small businesses fail to track their assets and inventory effectively.
Therefore, many businesses are beginning to leverage the power of low-code application development platforms to assist and expedite the asset management process. Low-code solutions can help your business create its very own high functioning, custom-made enterprise applications to facilitate asset management. Read more