Asset Inventory Management Software Can Keep You Organized, Efficient in 2017

By February 8, 2017Asset Tracking, Blog

Asset Inventory Management Software Can Keep You Organized, Efficient in 2017

Who needs asset inventory management software? Maybe the better question is, who doesn’t need it? Every organization, regardless of industry or size, maintains an inventory of fixed assets that allow it make money or otherwise conduct business. Those assets can include anything from furniture, real estate and vehicles to information technology (IT) equipment, machinery and tools. Every single one of those assets has a value and must be reported for accounting and compliance purposes. Failure do so can be expensive come tax time. Timely and accurate record keeping on those assets affects a company’s ability to calculate its revenue.

Those assets must be tracked as they move throughout the company. Take IT assets, for example; they’re always in transit both inside and occasionally outside your building. Your employees take their company-issued laptops and mobile devices to other offices and meeting rooms on site; and to conference centers, planes, hotels, and homes off site. The opportunity for loss and theft (both of the devices themselves and of the sensitive data they often hold) is significant.

For companies who maintain an inventory of goods that they sell for profit, it’s vital to keep a finger on the pulse of that inventory. They need a way to examine their stock from a high level, make informed decisions about replenishment, and eliminate shortages.

It’s downright difficult – and we might even claim it’s impossible – to rely on outdated, manual systems to keep up with all of these moving parts. Humans make mistakes, whether it’s a typo, missed keystroke or inadvertent omission of an asset. An Excel spreadsheet isn’t a living, breathing, real-time document that shows you conditions as they change. Inevitably, employees waste hours trying to hunt down lost or stolen assets. Sometimes, companies continue to pay insurance on “ghost assets” that aren’t even in their inventory anymore. Your profitability – and to large extent, your sanity – depend upon asset inventory management software.

But we’re not talking about any software here – you need a simple, yet powerful solution. With Asset Panda, you get just that, plus incredible flexibility, customization and a price point you won’t find anywhere else.

Asset Panda’s free mobile iOS and Android apps sync with the cloud and include a mobile barcode scanner. That means you need no additional hardware, software or associated software licenses to use this tool. You can also add an unlimited number of users to your account at no additional charge. Our philosophy is that you shouldn’t have to leave key stakeholders out of your communication loop simply due to cost concerns. With Asset Panda, you can bring everybody into the conversation, increasing accountability and accuracy throughout your entire organization.

Every Asset Panda account is a premium account, meaning you receive access to our entire features offering. Those features are not only robust but totally customizable. We believe you should be able to track your assets any way you want – and that’s why clients from a diverse lineup of industries choose us. From the dashboard, columns and fields to notifications, alerts and security settings, you call the shots as to how your asset data is displayed and shared with others. Create work orders, schedule maintenance, even use Asset Panda as an enterprise service desk if you wish.

Whether it’s 3 p.m. or 3 a.m., you have access at your fingertips to the complete lifecycle of your assets and can monitor check-in/check-out status, insurance policy information, maintenance history, depreciation and so much more. From an inventory standpoint, you can analyze, anticipate and, if necessary, quickly respond to any gaps or issues. The result: better customer service.

Give Asset Panda a try free for 14 days, and learn how mobile technology can generate significant and measurable savings of time and money for your organization. To learn more, visit assetpanda.com

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