Helping Charities Keep Up with Loaned Equipment

By August 26, 2013Asset Tracking, Blog

Medical equipment is exceedingly expensive, making it hard for some people to afford these items. That is where your charity steps into the picture. However, the good deeds your organization pulls off aren’t cheap. With the price of motorized wheelchairs and other essential devices ranging in the thousands of dollars, you can’t afford to take a lackadaisical approach to your inventory system. Doing so could result in some seriously negative hits to your already tight budget.

Avoiding Issues

Those you help may damage or misuse your equipment. Most of the time this is unintentional, but it doesn’t remove the sting of repair costs. With Asset Panda, you can keep up to date with the status of each piece of loaned equipment. This system for inventory control can help you track purchase values and replacement costs. From here, you can make smart decisions when comparing the cost of replacement to that of maintenance. Additionally, you can add photo entries to compare the quality of your equipment to its original state once it is returned. Keep in mind that letting your assets fall into disrepair doesn’t have to be a part of the business of helping others.

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