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Operations

Manage Company Assets

Track, assign, and manage company property

Create asset categories and add assets

Step 1: Define asset categories (Assets > Categories):

  1. 1Click 'Add Category' and enter the type — Laptops, Monitors, Phones, Badges, Furniture, Vehicles, etc.
  2. 2Set default values or rules for the category if applicable.
  3. 3Save — categories appear in dropdowns when adding assets.

Step 2: Add individual assets (Assets):

  1. 1Click 'Add Asset' and enter the asset name and serial number.
  2. 2Select the category from the dropdown.
  3. 3Enter purchase date, purchase price, and warranty expiry.
  4. 4Upload a photo of the asset for visual identification.
  5. 5Save — the asset is now tracked in the system with status: Available.

Assets can be tracked by status: Available, Assigned, Under Repair, or Retired. Use the list view to search, filter, and export your inventory.

Assets page showing company asset inventory

Assign and track asset ownership

Assigning an asset:

  1. 1Open the asset record and click 'Assign'.
  2. 2Select the employee from the dropdown.
  3. 3Set an expected return date (if applicable — e.g., for temporary equipment).
  4. 4Add notes — any conditions or special instructions.
  5. 5Save — the asset status changes to Assigned automatically.

Tracking and returns:

  • Employees can see their assigned assets on their profile.
  • The asset history log shows every assignment, return, and status change.
  • When an asset is returned, record the return date and condition — it becomes Available again.
  • Useful for tracking who has what and when it's expected back.

Manage asset maintenance and lifecycle

Maintenance tracking:

  • For assets under repair, change the status to Under Repair and add service notes.
  • Track repair costs, vendor details, and expected completion dates.
  • Change status back to Available once the repair is complete.

Lifecycle management:

  • Track warranty expiry dates — the system can flag assets nearing warranty end.
  • Retire assets that are obsolete or damaged beyond repair.
  • Asset reports show depreciation, total inventory value, and assignment rates.
  • The full lifecycle — from purchase to retirement — is logged and auditable.

In their words

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Operations Lead · Memora Events

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