So may of the employees in today’s companies are working remotely or out in the field. The traditional office environment isn’t necessarily the norm anymore for many workers. Asset Inventory Management Software has to evolve just as the traditional workplace has evolved. From mobile apps that sync with the cloud to built-in barcode scanners, employees rely on their phones and tablets more than ever and the software needs to be able to function from any location at any given time.
Just as employees are on the go, so are the assets they use or the inventory that a company is moving about. Having a reliable and efficient way to keep up with all these moving parts and pieces is a must. The profitability of companies can be dependent on asset inventory management software. It’s no longer even remotely possible to rely on outdated, manual systems such as handwritten ledgers or electronic spreadsheets. Mistakes are inevitable, but these methods of tracking assets and inventory have created hours of wasted time and thousands of wasted dollars.
There are some great benefits to incorporating an asset inventory management software program to your tracking and management needs. Cost reduction, increased revenue, improved efficiency and accuracy, increased accountability and greater transparency are among the top. Many companies see an improvement to the bottom line within the first year. And employees see a reduction in time spent searching for assets that were misplaced, lost or stolen, or are trying to chase down items that are in for repair and weren’t noted as such.
Here are some key elements to look for in selecting the right asset inventory management software for your company:
Ease of Use.
Employees are resistant to change – especially when technology comes into play. Many have the “we’ve always done it this way” mentality. So finding a software that is easy to use right from the start and doesn’t require hours or days of training (and re-training every time there is an update) is a plus. The more streamlined the system, the easier it is to understand, and the more buy-in you’ll have from employees. Look for a solution that offers an intuitive user interface and an easy transfer of data from the old way to the new one.
Flexibility and Customization.
Finding an asset inventory management software program that is both flexible and customizable is so important. Every organization is different and has varying needs when it comes to tracking assets and inventory. Find a solution that adapts to how you work today but will adapt as your needs change in the future. Selecting a product that enables you to control it as you need it to work is just as important. From the way data is displayed and organized, to how it imports and exports data, having the ability to customize each and every parameter for your organization is a huge benefit. Many software programs are created for how someone else thinks you need it to work. You need a program that works how you need it to.
There are so many great features available with today’s asset inventory management software. Don’t be intimidated! Some you might not use today, but there’s a chance they could be very useful in the future as your business needs change. Mobile apps. GPS location services. Ability to take photos and videos. Built-in barcode scanners. Inflation reports. Finding a platform that is all encompassing will work for you now and in the future – and keep an eye out for products that require you to purchase additional hardware, software, licenses, etc. – those hidden costs are not always disclosed and can leave you in the lurch if not realized right at the moment of purchase.
Asset Panda provides their users all of these benefits and more. Our free mobile apps, available both for iOS and Android, sync with the cloud, so your data is served up in real time. You won’t need any additional hardware, software or software licenses to use Asset Panda; only the mobile devices you already carry. Everything you need to track and manage your inventory, including a built-in barcode scanner, lives in the palm of your hand. You’re entitled to an unlimited number of users at no additional fee, and every Asset Panda client receives full access to our complete and totally customizable features offering, which is expanding all the time. From the custom dashboard to the columns, fields, notifications, reports, alerts, security settings and more, you control your data’s display and organization. Our free apps have been designed to be intuitive and simple to use; no training is required.
When it comes to features, ease of use and flexibility, Asset Panda is the only asset inventory management software you need. Try it for yourself free for 14 days. For more information, visit assetpanda.com.