Abstract: A business asset management system, method, and computer-program product is provided that operates in real time to allow all aspects of asset management to be performed. The present system allows users to obtain automated approval for an asset management process when they initiate the process. The method and system also ensures that assets are written off the books as soon as they have been disposed of. Further, a listing of surplus assets that can be utilized by other employees in the company is created and made available to the employees, and employees are able to transfer assets to other employees, and update assets as appropriate. In a preferred embodiment, the present invention is embodied in a Graphical User Interface (GUI).