Asset Control System

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Any company that truly wants to steward its revenues responsibly requires an asset control system. Regardless of where your organization is a small startup or a multinational entity, numerous fixed assets are necessary in order for you to do business. Fixed assets can include anything from office furniture to warehouse equipment to vehicles to assets like PCs, tablets, mobile phones, printers, A/V equipment and much more. All of these items are required to be tracked for accounting and compliance purposes. Accuracy is a must, because mistakes can be costly.

Until recently, the term asset control system typically involved an Excel spreadsheet and employee – or multiple employees – who were charged with tracking fixed assets, their whereabouts and maintenance schedules. Even the most detail-oriented employee, however, is bound to be human. Errors and oversight happen. Items fall through the cracks, duplication of effort occurs, and expensive assets aren’t serviced on a regular basis, leading to premature breakdown or replacement. Some companies even continue to pay insurance on assets that aren’t in their inventory anymore, thanks to the failure to report theft or equipment breakdown. The more mobile the fixed asset, the greater the risk of error. Take, for example, a company-issued laptop computer. It’s always in transit, and the opportunity for theft is enormous. Additionally, if recordkeeping isn’t thorough, accurate and timely, the laptop may go without a much-needed software update or service. What should have been a minor repair can spiral into a major overhaul or even replacement. There’s simply no better way to maximize the lifespan of every one of your vital assets than with a powerful, yet simple-to-use asset control system. We all know that if something isn’t simple, employees won’t buy in.

Asset Panda ushered in an era of New World asset tracking with the most powerful, yet easy to use mobile platform in the world. Based on free and native iOS and Android apps, Asset Panda syncs with the cloud, so users have access to real-time, accurate data. Asset Panda puts the entire lifecycle of each of your most vital assets into the palm of your hand. All that’s required to use the platform are the mobile devices your employees already carry. No separate barcode scanner is needed; the app includes a mobile barcode scanner. You don’t need additional hardware or software or associated licenses to use the tool. And you’re entitled to an unlimited number of users at no additional cost. That’s a different approach from many of our competitors who charge on a per-user basis.

The app greets you with a simple user interface and couldn’t be any easier to use; in fact, no training is required to quickly master Asset Panda. The tool is flexible and completely customizable. No two organizations are the same, so Asset Panda designed a tool that empowers companies to track and manage their vital assets any way they want. Among the customizable features are sortable columns, custom notifications, alerts and reports; check-in/check-out status; custom dashboard; user-configurable views; easy data import/export; custom APIs; mobile audit/GPS tracking; custom actions; custom fields; ability to generate work orders; electronic signature for increased accountability; and a custom calendar feature, among many, many others. Asset Panda has spent years researching, developing and gathering feedback in order to produce a tool that has no competition in the market.

When you bring all of your stakeholders into a work flow you create for your specific needs, you increase accountability, close the communication loop and, ultimately, save time, money and frustration. Try Asset Panda free for 14 days, and find out why some of the world’s biggest brands trust us to help them manage millions of dollars’ worth of vital assets. For more information, visit assetpanda.com

By:

Courtney Roush

Courtney Roush is a freelance writer, editor, and communications strategist with 25 years of experience. Her favorite discipline is crisis communications – and it’s a highly relevant one in our present times.

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