Is it Time for Your Company to Consider Free Fixed Asset Tracking Software?

Free fixed asset tracking software may seem like a “nice to have,” but if you’ve ever had a piece of valuable equipment break down prematurely, you almost certainly realize that it’s a necessity. When a vital asset isn’t operational, your productivity can be delayed significantly, and that’s costly in terms of both time and money.

Such breakdowns can occur when companies put their trust in manual tracking procedures, like an Excel spreadsheet or even pen and paper. Those records must be kept up to date with such details as an asset’s condition, maintenance history, insurance policy, warranty, check-in/check-out status, and depreciation, along with important service dates. When companies fail to keep up with that information, equipment failures are common. Subsequently, those companies have to replace equipment sooner than they should have to.

 

"Flexibility and customization allow you to import and export data in and out of your asset tracking tool easily. "

 

SolarPowerWorldOnline.com recently published an insightful article, “Three signs a company’s asset management practices have outgrown Excel.” According to writer Julia Macinuas, if you’re experiencing communication issues among your team members; trying and failing to keep up with and analyze your data; and/or if your company’s portfolio is growing, you’re going to need to ditch Excel – and soon – in favor of free fixed asset tracking software that streamlines and automates asset tracking and allows you to focus on other priorities. Before you choose a free fixed asset tracking software product, though, you’ll want to keep in mind the following: flexibility, customization, ease of use and accuracy. Not all free fixed asset tracking software is created equal. Your needs today aren’t likely to be your needs in the future, so you want a product that can adapt – one that allows you to track your assets any way you want and incorporate new technologies as they become available.

Flexibility and customization allow you to import and export data in and out of your asset tracking tool easily. Integration with legacy systems should also be simple. You’ll want to be able to display and organize your data in a way that makes sense to your organization and make changes whenever you want. And you should be able to add as many users as you want – ideally, every stakeholder involved in the lifecycle of your vital assets should be included so that you maximize accuracy and accountability. Ease of use means that your employees won’t have to sit through intensive training to get up to speed with your free fixed asset tracking software; nor will you have to convince them to use it. And if your system is efficient and reliable, you can rest easy knowing that your data is accurate and up to date, allowing you to make informed decisions that affect your bottom line.

With Asset Panda, you get all of the above – and so much more. Powered by free mobile iOS and Android apps, Asset Panda syncs with the cloud. It’s the most powerful free fixed asset tracking software in the world, and it couldn’t be easier to use. From the intuitive interface to the fully customizable features and built-in mobile barcode scanner, Asset Panda strives to provide you with a simple, flexible and cost-effective solution. You won’t need additional hardware to use it, you can add as many users as you want, and your data is always in real time.

Here's a look at how a Canadian research facility used Asset Panda to better track and manage their assets:

https://www.youtube.com/watch?v=Th6w6uQ3XZ8

Try it free for 14 days, and find out why clients throughout the globe trust Asset Panda to help them manage millions of dollars’ worth of their most vital assets. To learn more, visit assetpanda.com.