When you lease equipment you need to know where it is, what condition it is in, what lease it is on and when the equipment needs to be returned. That is where Asset Panda steps into the picture. We make it easy to track you leased equipment. All the details of you leased equipment is stored in Asset Panda including where it is, who has it and what condition it is in. Most organizations have an out of sight out of mind mentality and have to scramble at the last minute to audit and find there equipment. You need an inventory management system that does it all easily without the use of third party scanners.
Your leased items may be damaged or misused. 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 leased 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. The average company saves 2-5% of the total value of their assets annual by using Asset Panda.