4 Reasons Barcode Asset Tracking Software Rules the Industry

By February 6, 2018Asset Tracking, Blog

When it comes to asset tracking, there are several methods that companies rely on. Perhaps one of the most common is using a barcode asset tracking software. This method uses barcode scanning software and an asset database to quickly create and access existing records.

Here are a few of the reasons why using barcodes to track assets has become an industry standard.

Barcodes Quickly Transfer Asset Data

One of the biggest obstacles to implementing an asset tracking system is the amount of time it takes to input data. If you only have a few assets to record, taking a couple of minutes per item might not seem like a big deal. But if you need to track hundreds of items a day, those few minutes can quickly add up. Using barcodes makes it possible for you to instantly transfer and access asset data so you don’t have to spend valuable time on manual data entry.

Barcode Asset Tracking Software Makes It Easy to Track Hundreds of Items

Managing a large inventory can feel like a necessary chore. The same goes for managing a large number of assets. Trying to track that kind of volume by hand can feel downright impossible. But implementing a barcode-based system makes it much easier. Barcode scanning software works with any mobile device, so your team members can use their smartphones to add and access asset records on the floor.

Barcodes Improve Work Flow Efficiency

There are many aspects of tracking assets that can decrease work efficiency. However, when using a barcode asset tracking software, you don’t have to worry about sacrificing your workflow. You’ll be able to save on labor hours when you can instantly pull up asset data like location and who is using it. Your team will also be able to reduce the amount of money you need to spend on asset acquisition. When you are able to track your assets, you’re less likely to lose track of them or need to replace them before their life cycle is up.

Barcode Asset Tracking Software Increases Data Accuracy

Inaccurate data can cause many issues. For example, if your company makes budget decisions based on the wrong asset information, you could either come up short in necessary assets or buy too much. Either situation leads to a loss of profit and business resources. Barcodes make it easy to access and transfer the right data by reducing the number of errors that come with manual data entry. Plus, if your asset tracking technology comes with a mobile application which allows users to scan barcodes on-site, your company can also keep your data up-to-date no matter where assets are located.

 

Asset Panda’s tracking software uses current barcode tracking technology to help you keep track of all your assets. Our app makes it easy for your team to use their mobile devices to scan barcodes and look up asset information, as well as make relevant changes to database entries. Unlimited and easily configurable asset fields mean that you can track anything that might be relevant to your equipment and tools. Your team can pull up all this information in seconds.

Camcode, a leading expert in the barcode industry, listed Asset Panda among the top 50 comprehensive software tracking systems. They chose our software for its intuitive interface and ease of use. So, sign up for a free guided tour today!

 

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