The Reasoning for Web Based Asset Tracking

By October 14, 2016Asset Tracking, Blog

The Reasoning for Web Based Asset Tracking

As a business becomes more established, so does the equipment or tools required for successful daily operations. With that comes the need for finding a solution to track and manage that necessary equipment. A majority of organizations do have some sort of asset tracking in place. However the problem with most systems and asset tracking methods is when equipment is used, moved or taken away, there is no true way of knowing when it was taken or why, or in the case of multiple locations, which equipment comes from which facility and where it is. Thanks to web based asset tracking systems, users now have a viable solution to help solve these issues when tracking equipment.

Today’s web based asset tracking software enables users perform online asset management and equipment tracking from anywhere, anytime. The software uses smartphones equipped with barcode scanners to streamline the physical inventory and data entry processes for once time-consuming and error-prone actions like equipment checkout, barcode printing, equipment deployment, and reporting.

Web based asset tracking systems provide many benefits over the predecessors of paper bookkeeping and electronic spreadsheets. Knowing the location of assets within a facility, or when multiple facilities are involved, is more important than ever as employees become more mobile and so does an organization’s assets. Data compiled in web based asset tracking systems can be stored in the cloud, dramatically lowering the risk of data loss from those who aren’t familiar with the system or may not be authorized to access asset logs.

The results of implementing web based asset tracking really speak for themselves when deciding if it is the best choice for a company, big or small:

  • Significant time savings
  • No more lost items. Look up assets and find their locations immediately
  • Eliminate guesswork from repair and replacement decision-making
  • Reduced taxes
  • Savings on property insurance
  • Reduced asset losses
  • Fast audits
  • More accurate reporting
  • Know what you own
  • Know where your assets are
  • Know who has them
  • Know what condition they are in
  • Store all information related to an asset in one location
  • Save time and money

Of course the cost and implementation of a web based asset tracking system is important, especially for small businesses or start ups. This type of system used to be completely out of reach and a line item that simply didn’t mesh with the budget. But one mistake in an online spreadsheet could be disastrous for a company. When taking that into consideration, and looking at the multiple options available for asset tracking, the low cost, simplicity, and ease of implementation of today’s cloud-based asset management software makes it a much easier decision.

Asset Panda is the most powerful asset tracking platform in the world. It gives clients access to the complete lifecycle of every asset from the mobile devices they already carry. Powered by free mobile iOS and Android apps that sync with the cloud, Asset Panda includes a mobile barcode scanner, so adding assets is easy. Users can access such details as an item’s check-in/check-out status; its condition and who has it. You also have quick access to that item’s maintenance history, purchase/lease information and insurance policy. Create work orders, use the GPS feature to track the location and transit of items, even use the tool as an enterprise service desk to cut down on your service calls.

As the trend moves toward low cost, high function, web based asset tracking software, users are discovering that Asset Panda enables users to do more for less, than ever before. Try it for yourself with a free 14-day trial and you will understand why companies both big and small trust Asset Panda for their asset tracking needs. For details, visit assetpanda.com.

Leave a Reply

Start your FREE 14-Day Guided Trial today!

Sign up for your FREE Guided Trial
best live chat