Fixed Asset Software Vs Spreadsheets

Should I be using Fixed Asset Software or is a spreadsheet sufficient?

While there are a number of advantages to using spreadsheets—including the speed and cost effectiveness of set-up, the ease of modification, and the flexibility of conducting simple calculations— there are also a number of disadvantages that far outweigh the benefits. In particular, organizations that use spreadsheets to manage an ever-growing asset register constantly struggle to address a variety of issues surrounding the accountability and traceability of their asset base.