Who needs asset tracking systems? Everyone. It doesn’t matter how large or small the organization; nor does it matter the industry. You’ve got fixed assets that hold value and must be reported for accounting and compliance purposes. And some of those assets are moving throughout your organization, changing hands frequently, which places them at risk for loss or theft. If protecting your investments is among your priorities, asset tracking systems are something you can’t afford not to explore.
Each of your assets has its own unique history including, most notably, its maintenance history, warranty, insurance policy and, of course, value, which is an ever-changing number. Failure to maintain timely records can result in premature equipment breakdown and, ultimately, replacement – not to mention the loss of productivity. Additionally, your assets are at risk for loss of theft, and without proper tracking procedures, you might be paying insurance for items, or “ghost assets,” that aren’t even in your inventory anymore. When it comes down to locate an asset, your employees could find themselves spinning their wheels for hours in a fruitless search. That’s costly not only to productivity, but also morale.
With all of the demands placed on organizations today, asset tracking systems must be powerful, yet streamlined to minimize the workload of managing fixed assets. Automation is an important feature to look for, as is ease of use and the ability to bring every stakeholder involved in the lifecycle of your assets into the conversation, eliminating confusion and waste while increasing accountability and accuracy.
Manual asset tracking systems simply won’t deliver those efficiencies. Excel spreadsheets are static documents. It’s difficult to reconcile input from multiple employees, and because your data isn’t real-time, it’s not as reliable as you need it to be – especially when you’re talking about asset values, which need to be provided to your accounting and compliance teams on an annual basis. And human error is quite common with manual asset tracking. Even a simple missed keystroke can throw off your recordkeeping. Because your staff is pulled in a lot of directions, it’s also very easy to for oversight to occur, causing gaps in your records.
Asset Panda empowers you to track and manage your assets any way you want – and all from the palm of your hand. Powered by free mobile iOS and Android apps that sync with the cloud, Asset Panda is the among the most powerful asset tracking systems in the world. You won’t need any additional hardware or software to use it; only the smartphones and tablets you and your employees already carry. The app includes a mobile barcode scanner, so you won’t need a separate handheld scanner, either. Your data is served up in real time 24 hours a day thanks to the cloud, and you have full control over how it’s organized. The app’s dashboard, fields and columns, notifications, alerts, reports, calendar and security settings, among other features, are completely customizable. Loop in all of your stakeholders because there’s no cap on your number of users; you won’t pay an additional fee.
Asset Panda is simple and intuitive, requiring no special training to master. And it’s your asset tracking partner for life, because it’s flexible enough to incorporate new technologies as they become available in the future. It’s quick and easy to import and export data in and out of the tool, and integrate it with legacy systems. The complete lifecycle of your vital assets – from their respective maintenance histories, depreciation and check-in/check-out status to their warranty and insurance information, GPS coordinates and identity of the person who has them – is as near as your hand, whether it’s 3 p.m. or 3 a.m. You can rest assured that your data is accurate and current. No more wasted time or revenue. It’s never been simpler to track and manage your assets.
Try Asset Panda free for 14 days, and see the difference for yourself. To learn more, visit assetpanda.com