Top asset management companies in UAE manage different kinds of physical assets. Asset management is required in a company to plan and control the acquisition, maintenance, operation, renewal, and disposal of organizational assets. The types of asset management classified into 3 categories are physical, financial, and contractual. Physical Asset Management - It is the process of controlling things like inventory management, fixed asset management, infrastructure, and public asset management. Financial Asset Management - This refers to developing an investment strategy, managing procurement, controlling the budget, and handling cash flow, bonds, and stocks. Contractual Compliance - It streamlines processes like digital asset management, IT asset management, contractual maintenance, and management of intangible assets. Challenges in Managing Company Assets Manually Monitoring and managing assets manually create huge problems in calculations due to human error. Lack of authority to