Microlease releases cloud asset management service

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Test equipment sourcing specialist Microlease has unveiled LEO 2, a cloud-based Asset Management solution, which can be used to manage any moveable or fixed asset, including test instruments.

LEO 2 allows companies to implement best in class through-life management of assets, creating an accurate inventory of assets held, managing the acquisition of further assets, the maintenance of the asset base, and the identification and disposal of surplus equipment.

LEO 2 offers complete management of internal and deployed assets such as instruments and supports the creation of an accurate inventory of all assets held, tracking configurations and reducing turn-around times. It provides complete visibility for the maintenance of the asset base including spares, and communicates this information through the use of a secure shared logistics framework offering innovative KPI dashboards and standard reports.

“Too often, major financial decisions on the acquisition and divestment of fixed assets such as test instruments are made without adequate data on lifetime costs and utilisation. LEO 2 is a single centralised database which provides clear visibility of assets and physical tracking with easy dashboards, giving a clear picture of the asset investment and its current status including configurations, capabilities, condition and location,” said David Whitfield, CEO Asset Management Services, Microlease.

Modules capture data relating to asset detail and configuration, asset movements, tracking and logistics, calibration and repair management, real time management dashboards, and utilisation management. LEO 2 also features an intuitive interface that allows users to search for parts, assets and locations quickly and easily.

Data driven workflows enable users to configure LEO 2 to reflect their in-house processes. Its’ open database is built on Oracle technology compatible with SAP, Oracle E-Business Suite and other major ERP and financial systems. LEO includes standard MoD form reports and KPI dashboard.

LEO 2 is available in three formats: LEO Standard for customers who simply want to log and record assets and access basic asset management functions; LEO Select which allows customers to understand utilisation by tracking assets and LEO Elite which provides full management of assets through workflows.

LEO Standard and Select are cloud based, and LEO Elite can optionally be hosted internally or via MoD secure cloud.

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