The biggest challenge facing businesses today is aligning the management of infrastructure assets with corporate objectives. The emerging discipline of Asset Management is a promising approach to this problem. 
Asset Management is focused on obtaining and managing the knowledge needed to optimize trade-offs among Operational performance, Financial performance, and Risk exposure. WRSystems uses the building blocks of Asset Management - Strategic Planning, Performance Monitoring, Life Cycle Management and Information Management - to ensure corporate compliance with the Sarbanes-Oxley Act and to help companies:
- Identify efficiency shortfalls
- Improve maintenance
- Extend the life of assets
- Reduce surprises
- Provide justifications for expenditures
- Reduce inventory
- Reduce spending
- Provide better risk management.
Asset management is about making informed decisions and designing and implementing a new business process that can deliver higher returns to corporate stakeholders.
WRSystems provides solutions in the following areas of Asset Management:
- Inventory Asset Management Product
Records and Document Asset Management
WRSystems' Records and Document Asset Management solutions are centered around:
- Integrated Document Management Solutions
- Workflow Solutions
- Document Capture (Imaging and Scanning)
- Records Management
- Intelligent Search and Discovery
WRSystems' extensive experience in Asset Management includes:
- Development of inventory control point software for the U.S. Coast Guard's Naval and Electronics Supply Support System (NESSS), a three-year, $6 million life cycle development effort that included $9 billion in managed assets. WRSystems also developed Xventory™, a commercial version of NESSS, and is in the process of implementing Xventory for a two-year, $4 million project for the U.S. Navy.
- Control of 16,000 items in WRSystems' warehouse space, where more than $120 million in U.S. Navy electronics inventory has been managed for worldwide distribution for the last seven years.
- Design and implementation of the Civil Engineering Data System (CEDS) for the U.S. Coast Guard (USCG), a year-long project that involved creating a system to track and manage USCG real property and facilities worldwide.
- Creation of the Housing Management Information System (HMIS) for the U.S. Coast Guard (USCG), a 12-month project in excess of $1.2 million designed to track housing units (owned and leased) worldwide, as well as manage space allocation.
- Development of a web-based case management system for the New Jersey Office of Administrative Law (NJOAL), a two-year project in excess of $1.4 million that focused on tracking and scheduling all administrative law cases for the state.
- VAR services, including installation, configuration, and data conversion for government and commercial clients.
