In this video I discussed /"What is wealth management?/" in a simple, animated way.
Asset management refers to the process of developing, operating, maintaining and selling assets in a cost-effective manner.
Topics I discussed are –
1. Definition of asset management.
2. Types of Asset Management – Physical Asset Management, Financial Asset Management, Contractual Compliance.
3. Development of a Strategic Asset Management Plan.
4. Importance of asset management.
5. Benefits of automating asset management.
6. 5 popular asset management software: ServiceNow, Kissflow Finance and Operations Cloud, SAP ERP Suite, IBM Maximo, Oracle E-Business Suite.

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#AssetManagement

0:00 Introduction
0:57 What is asset management?
1:58 Physical asset management
2:12 Financial asset management Refers to the process of
2:27 Contract Compliance Streamlines processes such as
2:54 Complete an asset inventory
3:27 Step 2. Calculate life cycle costs
4:30 Step 4. Conduct long-term financial planning
5:02 Allows a company to account for all its assets. This process makes it easy for organizations to do that
5:20 Helps identify and manage risks
5:42 Removes shost assets
6:00 Improving compliance
7:19 1. ServiceNow
7:37 2. Kissflow Finance and Operations cloud
7:53 SAP ERP suite
8:14 IBM Maximo
8:31 Oracle E-Business Suite

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