Choosing the Right Asset and Inventory Software Program

By April 12, 2017Asset Tracking, Blog

Choosing the Right Asset and Inventory Software Program

With so many versions of the “right” asset and inventory software program available, it’s hard to know what is going to be the best fit and most reliable for your particular business or industry. Maybe you don’t have a lot of assets to track but you do have hundreds of pallets of inventory arriving daily. Or maybe your inventory is very small but the tools needed to move the inventory from place to place and client to client are costly, and these assets seem to be missing quite frequently. Whether you want to control assets or inventory or both assets AND inventory, there are options on the market that will complement your business and the way you and your employees work.

The key to any good asset and inventory software program is that it collects all of your data into one place that is accessible anytime, anywhere and by any designated user. What’s the use in taking the time to track assets if you aren’t going to bother keeping up with them? Of course, you’re losing valuable time and money – but there aren’t too many business owners who want to do that. Investing in an asset and inventory software program has been a real game-changer for many companies.

Asset and inventory software ensures that employees are no longer spending valuable time searching for assets that are lost or possibly stolen. They can pull up the data report – in real time – on the asset they are seeking and find out where an asset is, who has it, its check in/check out status and even its maintenance history, ensuring its in great working condition when needed. Mobile scanners included with the software, that work with employees’ own smartphones or tablets, can capture all the needed details about an asset, including capturing photos, recording messages or taking voice notes. This feature allows for a potential decrease in insurance premiums since the software can correctly identify and classify assets or inventory and their condition the moment it’s entered into the system.

Repeat and duplicate purchases equate to unnecessary expenditures. Failure to maintain assets or an accurate count on inventory in stock can lead to increased costs. The appropriate asset and inventory software give companies a more comprehensive understanding of what they have so they don’t have to guess about when a printer was purchased, a scanner upgraded, or if a particular size of a t-shirt is in stock. It’s all right there and easily accessible. Now, companies are able to anticipate upcoming purchases, prepare for upgrades, service equipment, or take an item out of the rotation and replace it. With an accurate, real-time inventory redundant expenses can be eliminated.

And the more accurate the information you record on assets or inventory, the more accountable everyone is. Asset and inventory management can be controlled much easier, and employees can do the jobs they intend to with more confidence that the tools needed in order for a company to run smoothly are there to do their task when needed.

Asset Panda is the most flexible and customizable system in the industry for tracking and managing assets and inventory. Asset Panda optimizes and streamlines everything from auditing to facilities management, equipment support ticketing, compliance, and purchase order management. Unlike other systems, Asset Panda is highly configurable, so it can become whatever you need it to be, and adjust as your needs change.

Asset Panda works the way you do, on devices you’re already using, both online and through our free Mobile App. This makes it easy for all your users to access the information they need, when they need it, from wherever they happen to be working.  And there’s no need to purchase costly scanners when you can use your smartphone or tablet to track and manage your assets.

When everyone in your organization has quick and easy access to information they need, they can all work smarter. So make the smart choice and select Asset Panda as your asset and inventory software program. Start off with a free 14-day trial by visiting assetpanda.com.

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