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Microlease Asset Management
Microlease offers a comprehensive Asset Management Solution that helps you lower costs and reduce development times. The combination of our LEO software, deep expertise in test asset management, and extensive test equipment data enables you to run your test operations efficiently and effectively.
LEO can reduce spending on test equipment & speed your time to market by providing the tools to:
  • Increase utilization from <30% to as much as 70%
  • Identify and sell/rent excess assets; applying credit to leading edge equipment & LEO software implementation
  • Enable engineers find test assets in seconds vs days, resulting in faster time to market
  • Redirect test equipment spend to leading edge technologies
  • Open up and organize lab space
  • Reduce hidden costs: property tax, calibration & repair, finance charges, etc.
  • Improve return on invested capital
The Microlease’s Asset Management Solution is aligned with ISO 55000 standards released in January 2014 for deploying an integrated, effective asset management system.
Complete Visibility of Test Assets
By storing inventory data in one centralized location, you have complete visibility of all relevant details regarding an asset including its exact location, assigned users, scheduled projects, calibration deadlines, and more. Additionally, lab managers can efficiently plan test schedules and allocate assets to specific engineers and designated test projects.
Identify & Sell Underutilized Assets
Rapidly determine which assets have not been used within the last 3-18 months. By selling these assets while they still have value, you can fund more appropriate test and measurement equipment. Plus, you will free up valuable lab space and avoid incurring hidden costs such as depreciation, property tax, calibration, and insurance.
Locate Test Assets in Seconds
Finding test assets quickly helps speed up development time and eliminates duplicate, unnecessary purchase. Drill down by product category and model number to find the precise equipment you need and important data like quantities available, exact locations, and future project assignments.
Improve Performance with Investment Dashboards
Complete visibility of your assets provides the user with the ability to make informed purchase decisions. LEO dashboards allow you to monitor key metrics such as asset utilization, idle assets, and calibration status as they improve overtime.
Control the Calibration Process
Lab managers can see which projects an asset is assigned to and decisively plan out maintenance and calibration schedules. Understanding which stage an asset is at in its lifecycle enables more informed purchased decisions for future projects.

Repair and Calibration Management
User definable workflow to manage the full repair and calibration life cycle including end user notification, planning, engineer scheduling, third party agency despatch and receipt, standards definition, measurement collection, generation of calibration certificate and cost collection.
LEO software is a simple way to gain total control over your assets and improve test efficiency. Microlease is an Oracle Gold Partner. LEO utilizes the Oracle database and is compatible with all other major ERP financial systems including SAP and Oracle Financials. LEO’s database server runs on a wide range of hardware platforms and can be hosted either internally or in the cloud.
Key LEO Modules
  • Asset Register- Audit, tag and input all assets into Asset Register. Data is then cleansed, summarized in easy to understand graphs and imported into a centralized database.
  • Asset Tracking & Logistics- Seamlessly track assets through their entire life cycles.
  • Test Management- Schedule and manage specific test projects by assigning assets and engineers. Accurately calculate the cost of test.
  • Investment Dashboard- Monitor key performance indicators of your business to make informed decisions.
For over 30 years, Microlease has been managing large inventories of test and measurement equipment throughout North America, Europe, and Asia. We’ve also controlled demo pools for major test equipment manufacturers for over a decade. Our customers are global leaders in developing state-of-the-art technology and proudly rely on and partner with Microlease to manage their test and measurement inventories.
Our Process
The Microlease Asset Management Solution begins with an in-depth audit of your test equipment and asset management processes so we can fully visualize the scope of both your challenges and your opportunities. Our team will evaluate your inventory by tagging and recording every piece of equipment. We then assign values to each of those assets and import the clean data into our LEO software. This allows us to accurately analyze your situation, identify areas for improvement, and propose a world-class test management process redesign.
Implementing the LEO asset management software is simple and catered to your specific requirements. Plus, you’ll never be without the valuable knowledge needed for successful asset management. Microlease provides ongoing training and support for key users, as well as consulting for the implementation of your customized asset management strategy.
Contact Us  
For more information on Microlease Asset Management, please click here or contact us at one of the following locations:
9221 Globe Center Drive, Suite 105 Morrisville, NC 27560 USA
3486 Investment Blvd. Hayward, CA 94545 USA
(800) 432-3424
Unit 1, Waverley Industrial Park Hailsham Drive, Harrow, Middlesex, HA1 4TR, United Kingdom
 +44 (0) 2084 200 200
Microlease Sdn Bhd Bayan Lepas Free Industrial Zone Phase 3, 11900 Penang Malaysia
 +604 614 6000