Asset management for federal, state, and local government agencies
Track assets responsibly
Because of their often complex work, government agencies use many physical assets.
That’s why government agencies need an asset management system that enables them to track those assets responsibly. A robust government property management system improves agency efficiency and helps government agencies to meet internal audit requirements.t system improves agency efficiency and helps government agencies to meet internal audit requirements.
Common challenges government agencies face in managing physical assets
Lack of adequate tools
We’ve found that many government agencies rely on inadequate tools for asset management, such as spreadsheets or ERP systems.
Government agencies may rely on spreadsheets to manage their asset information. These spreadsheets are often cumbersome and lead to data errors and inefficiencies. This makes it difficult to adequately manage the hundreds or even thousands of assets an agency may be responsible for.
Agencies cannot rely on their ERP systems for sufficient asset management either. ERP systems only record a limited set of asset information. This is not sufficient to track the life-cycle events of physical assets.
Different guidelines and requirements
Federal government agencies must follow guidelines for managing the life-cycle events of government property. This means federal government agencies must tag assets, track asset usage and condition, as well as manage maintenance and disposal.
Many state and local government agencies are required to follow the equipment management guideline in CFR, Uniform Guidance, including tracking asset condition, usage, and location, depreciation, disposal.
A good government property management system allows any government agency to follow important guidelines and stay in compliance with grant requirements easily and efficiently.
How does eQuip support government agencies?
Accessible cost
eQuip comes at an accessible cost for most government agencies. Our low-cost asset management system supports an unlimited number of users and assets. This makes eQuip the perfect choice for government agencies big and small. With eQuip you can meet your goals without breaking your budget.
Easy system transition
eQuip makes it simple to start. Easy import and export allow your agency to quickly transition from past asset records to modern asset management records. System implementation occurs in a matter of weeks, allowing your agency to see results sooner rather than later.
Compliance, out-of-the-box
Comply with government regulations easily with built-in business processes. Use eQuip to leverage best practices like ASTM E-53. Our robust asset management allows you to meet government audit requirements, including Uniform Guidance, CFR, and GASB 34/35.
The expectations are to realize an even greater positive impact on our inventory processes in the short and long terms. Using the eQuip system has allowed us to mature our inventory management processes.”
Keith Ross
Assistant Deputy for Project Management, Maryland State Board of Elections
What agencies are using eQuip asset management system?
- Emergency Management Agencies
- City and County Governments
- State Boards of Elections
- Federal Government Agencies
How can we procure eQuip?
The eQuip team has the experience and resources to deliver a turnkey solution.
- eQuip team has subject matter experts with Secret level clearance
- Products available on GSA contract
- eQuip software can be sourced through 8(a) small business
eQuip partners are 8(a) Certified, Service Disabled Veteran Owned, HUBZone Certified, and Woman Owner Small Business.
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