The process of creating, running, maintaining, and cost-effectively selling assets is asset management. It describes persons or businesses who manage assets on behalf of individuals or other entities. Asset Management in the USA helps in maintaining track of its assets. As a result, its stakeholders will be aware of which assets are accessible for use to maximize profits. Any company’s assets have two categories: fixed assets and current assets. Fixed or non-current assets are assets bought for long-term usage. On the other hand, existing assets are those that can get turned into cash quickly. In short, all sorts of assets are the responsibility of this software.