CPA Practice Advisor, an online resource for U.S. tax and accounting professionals in private practice, recently published a review of Asset Panda in its May 2017 digital edition. The review was part of a larger piece, “2017 Reviews of Asset Management Systems,” in which Contributing Writer Mary Girsch-Bock analyzed 18 different asset and inventory management products to understand their potential applications for the tax and accounting industries. Girsch-Bock gave Asset Panda 4.5 stars, calling it an “online asset management product well-suited for businesses that need to track and manage their assets.”
That need, of course, isn’t exclusive to large organizations. Virtually every company large or small has fixed assets with corresponding values that need to be reported annually for accounting and compliance purposes. And, just from the standpoint of maintaining good stewardship over your resources, an asset tracking product allows you to monitor the location and condition of your fixed assets, so you keep up with required maintenance and reduce the odds of theft and loss.
Needless to say, however, the larger and more geographically distributed the organization – and the more assets you have – the harder the task it is to keep up with their whereabouts, values, maintenance schedules and other pertinent details. Tax laws also change from time to time, making the job of asset tracking a complicated one. It’s easy to understand, then, why many companies turn this job over to a CPA firm to handle. Whether a company outsources the job or handles it on its own, Asset Panda greatly simplifies the task.
CPA Advisor’s review of Asset Panda walks the reader through the process of entering a new asset and adding supporting data, then managing all asset activity, including depreciation, which is incredibly simple to track with this powerful, cloud-based tool. The review also covers Asset Panda’s customizable features and actions, including reports and forms; and mentions the app’s ease of use.
These features are only part of the part of the picture, of course; Asset Panda also allows users to track the complete maintenance history of any asset, its check-in/check-out status, identity of the person who has it, its warranty, insurance, and lease/purchase information, GPS coordinates, and more. Users can also create work orders, easy import and export data into and out of the tool, and use Asset Panda as an enterprise service desk, if they wish.
And the biggest advantage of Asset Panda is likely to be is simplicity. It’s the most powerful mobile asset tracking platform in the world, but all you need to use it is the mobile device you already carry. With your smartphone or tablet (or use the web app, if you prefer), simply access the free mobile iOS or Android version of the Asset Panda app. The app includes a mobile barcode scanner, so you won’t require a separate handheld scanner to upload assets. Asset Panda syncs with the cloud, so your data is served up in real time 24 hours a day. No special training is needed to master Asset Panda; even the most technologically challenged employee will find it intuitive.
Add as many users as you’d like to Asset Panda; we don’t charge an additional fee, so you can bring everyone involved in the lifecycle of your vital assets into the communication loop, increasing accountability and accuracy throughout your entire organization.
Skip the wasted time, frustration and lost revenue, and make the most of your vital assets with Asset Panda. Try it free for 14 days. To learn more, go to assetpanda.com