Data cleanse – Consistency in reporting assets on hire status and billing

Asset hire reporting – from bid to billing

A project management consultancy oversees the accurate tracking of hired assets from initial bid, to the rental and return of the assets, and the subsequent billing. 

A new tailored internal reporting system has been established to oversee the hire lifecycle thereby providing transparency on the status of asset hires to the whole team which the previous system was unable to provide.

By all users recording information into the system in a consistent manner, internal reports are created to aid management with understanding the flow of the assets hired and the time period which elapses between the asset’s return and subsequent invoice raised.

New processes, improved data collection

The client’s reporting system is new and currently undergoing a bedding in period. As the users of the system have historically operated their own individual systems for keeping track of asset hires and billing, the transition to the new system resulted in some missing information or accidental mis-recording of information in incorrect cells.

A data cleanse is periodically carried out to spot and highlight anomalies to allow corrective action to be taken. This helps to ensure that the internal reports are more accurate and contain timely information. 

If your business is transitioning to a new system or implementing new processes, and you would like help maintaining data quality, please contact me to discuss.