BUILDING AN INTEGRATED SYSTEM FOR ASSET MANAGEMENT AND DEPARTMENTAL CONTROL TO IMPROVE EFFICIENCY IN THE COMPANY

Session

Information Systems and Security

Description

Asset management and departmental coordination are two key factors for the success of an organization. This paper aims to address the challenges and benefits of building an integrated system for asset management and departmental control in medium-sized enterprises. The main problem that this paper addresses is the isolation and lack of effective communication between departments, leading to deficiencies in asset management and control. Also, the management of various and numerous assets often presents great challenges for organizations.

The main goal of this paper is to build an integrated system that will improve the efficiency of the organization and reduce costs. The research is based on academic literature and relevant sources in the field of asset management and departmental control. To achieve the aims of the paper, combined qualitative and quantitative methods were used, including interviews with the organization's staff, department managers and technical personnel. To reflect a complete picture of the organization, documents such as financial and asset reports were analyzed.

The main hypothesis of this paper is that the construction and implementation of an integrated system for asset management and control of departments will increase the responsibility and transparency of business processes in medium enterprises. Such a system will contribute to increasing efficiency and reducing costs. This research is important to improve the performance of organizations and optimize the use of resources, providing a comprehensive approach to business processes and helping to achieve the strategic goals of the organization.

Keywords:

Integration, Asset Management, Departmental Control, Efficiency, Enterprise.

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-550-95-6

Location

UBT Lipjan, Kosovo

Start Date

28-10-2023 8:00 AM

End Date

29-10-2023 6:00 PM

DOI

10.33107/ubt-ic.2023.72

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Oct 28th, 8:00 AM Oct 29th, 6:00 PM

BUILDING AN INTEGRATED SYSTEM FOR ASSET MANAGEMENT AND DEPARTMENTAL CONTROL TO IMPROVE EFFICIENCY IN THE COMPANY

UBT Lipjan, Kosovo

Asset management and departmental coordination are two key factors for the success of an organization. This paper aims to address the challenges and benefits of building an integrated system for asset management and departmental control in medium-sized enterprises. The main problem that this paper addresses is the isolation and lack of effective communication between departments, leading to deficiencies in asset management and control. Also, the management of various and numerous assets often presents great challenges for organizations.

The main goal of this paper is to build an integrated system that will improve the efficiency of the organization and reduce costs. The research is based on academic literature and relevant sources in the field of asset management and departmental control. To achieve the aims of the paper, combined qualitative and quantitative methods were used, including interviews with the organization's staff, department managers and technical personnel. To reflect a complete picture of the organization, documents such as financial and asset reports were analyzed.

The main hypothesis of this paper is that the construction and implementation of an integrated system for asset management and control of departments will increase the responsibility and transparency of business processes in medium enterprises. Such a system will contribute to increasing efficiency and reducing costs. This research is important to improve the performance of organizations and optimize the use of resources, providing a comprehensive approach to business processes and helping to achieve the strategic goals of the organization.