Asset Leasing Software is designed to help businesses manage the entire leasing lifecycle, from origination to contract management, billing, and asset tracking. It provides insights into asset performance and help identify improvement opportunities by generating customizable reports. It also helps businesses ensure that they are in compliance with all applicable laws and regulations. It can be used by asset managers and finance professionals, while its reporting features are critical for executives who make decisions regarding their company's portfolio of assets.

Asset Leasing Software

3D Print Service Bureaus

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Candidate Relationship Management (CRM) Software

Capital Investment Management Software

Carbon Accounting and Management Software

Carbon Offset Platforms

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Cell and Gene Therapy (CGT) Platforms

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AMTdirect

FinQuery

In the cloud and digitalized world where more and more cloud shared responsibility models are taking away the management and maintenance aspects of hardware and software assets upto the layer of operating system (as in WebApps, containers, SaaS etc.) or leaving out OS layer as in the case of IaaS, below are the best practices to minimise audit risks:


1. Only enumerate and inventory your assets at application level. 
2. Capture application criticality (Critical vs Important) via business owner and map it to a business process.
3. Demarcate all security controls deployment into two categories. Those that are applicable to be deployed for 'Important' application and those extras, that gets deployed for 'Critical' applications.


By following above 3 steps, you will reduce audit risks and findings by NOT wasting your efforts and budgets over securing 80% of the applications which are seldom classified as business 'critical' but you need to be very clear about definitions of what's important and critical for the business.

Start with basics by implementing a Configuration Management Database (CMDB). But it doesn't have to be a sophisticated system; you could do something as simple as making a list on paper to get started. The key is to list all the assets and identify those that are essential to the organization.

Next, it is critical to know the latest installation or patch levels of these assets. You can do this by cross-referencing with websites like VirusTotal, which provide information on whether certain components are affected by vulnerabilities and how to address them, usually through patches.

To manage all this information effectively, it's best to use tools like SQL Server or Excel for quick sorting and analysis of the data, making it easier to stay on top of asset management and minimize audit risks.

What best practices for asset management should organizations use to minimize audit risks?

In the cloud and digitalized world where more and more cloud shared responsibility models are taking away the management and maintenance aspects of hardware and software assets upto the layer of operating system (as in WebApps, containers, SaaS etc.) or leaving out OS layer as in the case of IaaS, below are the best practices to minimise audit risks:


1. Only enumerate and inventory your assets at application level. 
2. Capture application criticality (Critical vs Important) via business owner and map it to a business process.
3. Demarcate all security controls deployment into two categories. Those that are applicable to be deployed for 'Important' application and those extras, that gets deployed for 'Critical' applications.


By following above 3 steps, you will reduce audit risks and findings by NOT wasting your efforts and budgets over securing 80% of the applications which are seldom classified as business 'critical' but you need to be very clear about definitions of what's important and critical for the business.





What best practices for asset management should organizations use to minimize audit risks?

I present cyber security issues to boards, and getting the board to get it is my primary focus.


To that end, I draw out the security threat onto a 'map' of the company's virtual system.  It doesn't need to be accurate, it just needs to tell an accurate story.


For example, if we are worried about an email phishing campaign, you draw a circle that represents all the people in the company.  It'd be a big circle.


Then draw some more circles that represent hardware or software etc.  Include landmark apps and features the board will know.  


Then draw the red arrows that show how an attacker phishes an employee, and how that employee's computer gets infected, and how the attack spreads laterally through the organisation.  


The board doesn't need to understand the technical nature of the threat, they need to understand that the risk is one person clicks on a link, and the whole company is infected. 


You can highlight key risks and mitigations at each stage. 


This visual model solidifies the chain of events, the risks, and the mitigations to non-technical audiences.

Been on both sides so here's my 2 cents:


Boards will say they don't understand tech, but they believe that they do get the basics and that can be a challenge sometimes. 


If you are presenting for the first time, then take some time to set your credibility with them by telling them who you are and why you are presenting (1 minute). Tell a story that contextualizes the ask in business/industry terms (benchmarks help). Avoid any technology terms that are not part of generally spoken language (English or whatever language you speak in, definitely not C#). Do not use too many slides with too much text, keep it to 2-3 slides max and speak confidently (avoid the demeanor that you know everything). Do not ask rhetoric questions, they can take you off on a tangent and derail the presentation. Remind them what happens if we don't do it.


If this is another presentation with the Board (you have presented earlier), then leaving aside the introduction, everything else remains the same. The context could be an update on earlier presentation or a new initiative; either way the same rules apply.

There are a few things you can do to make your presentations to a non-technical board more effective:


1. Keep your presentations simple and to the point
Don&#39;t try to overwhelm your audience with too much information. Stick to the basics and make sure your points are clear and easy to understand.


2. Use visuals to help explain your points
Charts, graphs, and other visuals can be very helpful in communicating complex ideas to a non-technical audience. You can find a lot of online tools that can help you create these very easily and quickly.


3. Avoid using jargon
Jargon can be confusing and off-putting to non-technical people. Stick to using plain language whenever possible.


4. Be prepared to answer questions
Your audience is likely to have questions about what you&#39;re presenting. Be prepared to answer them in a way that is clear and concise.


5. Practice your presentation beforehand
This will help you to be more confident and polished when you deliver it to your audience.

I am increasingly having to present to our board and it’s not always the best experience. Do you have any advice on how best to approach a company board that is not technical at all? 

Best Asset Leasing Software Reviews 2024 | Gartner Peer Insights

Its a wonderful lease administration software allows you to perform end to end real estate services. It is useful in performing Lease setup, Rent Ups, AP, AR, Year end CAM Reconciliation, generate and send billings.

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AMTdirect

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