Maximize Your Efficiency With Inventory Asset Management Software

By February 9, 2017Asset Tracking, Blog

Maximize Your Efficiency With Inventory Asset Management Software

In this day and age, with so many moving parts, it makes sense to simplify your processes whenever possible – and that’s why inventory asset management software can make a real difference for your bottom line.

Let’s start with inventory, which we usually associate with products that a company sells to customers. From both a customer service standpoint, you never want to find yourself in a run-out situation; nor do you want to have excess inventory you can’t sell. You want to be able to anticipate gaps or shortages and provide a system that promotes accountability among your staff. If you’re a large-scale organization, you want to be able to take an overarching view of your inventory and be able to make informed decisions about replenishment and reallocation when it’s necessary. You also want a means to track receiving so that nothing falls through the cracks. And you’ll need a system that enables you to create and issue reports. Finally, you need access to real-time data, so that your records are updating as items move in and out of your inventory. Inventory is fluid, after all, so anything less than real-time is merely guesswork.

Asset management refers to the resources, tools and equipment on which a company relies to do business. They remain within an organization for an extended period and must be reported for accounting and compliance purposes. Fixed assets may move inside and outside an organization’s walls. A great example is IT equipment, like laptops, tablets and smartphones. Employees carry those items around the building, take them home, to offsite meetings, business trips, training and events. The opportunity for theft or loss is enormous, and it’s not just the physical asset that’s at risk. On many occasions, those devices are carrying sensitive data that can compromise your security if it’s stolen. Companies need a way to monitor all of their fixed assets at any time of day – to be able to track their exact whereabouts, return date, value, maintenance history and more.

Technology has made it possible for the business world to graduate from manual, one-dimensional spreadsheets, which are error-prone at best. Inventory asset management software products are quite common in the marketplace today, but they’re not created equal. Dallas-based Asset Panda invested years of research, development and testing before launching the world’s most powerful mobile inventory asset management software. It’s powered by free mobile iOS and Android apps that sync with the cloud and include a barcode scanner, so there’s no need for separate handheld scanner. In fact, you won’t need any additional hardware, software or software licenses to use Asset Panda – only the mobile devices you and your employees already carry. You can bring all of your stakeholders into the loop at no additional charge with Asset Panda, which in turn promotes accountability and accuracy throughout your entire organization.

Every Asset Panda client receives full access to every one of our features – most of which are customizable for your needs. Modify the dashboard, columns, fields, asset listing views, notifications, alerts, reports, security settings and more. Asset Panda adapts to the way you work, and it’s flexible enough to incorporate new technologies as they become prevalent in the future.

In the palm of your hand, you have real-time, round-the-clock access to all of your inventory data as it changes. You can also track any asset’s exact location, the identity of the person who has it, and details about its condition. Review its maintenance history, insurance policy, lease/purchase information and depreciation. Schedule maintenance, create work orders, even use Asset Panda as an enterprise service desk to reduce your volume of support calls.

Best of all, Asset Panda is incredibly simple and intuitive to use. Give it a try free for 14 days, and find out why companies throughout the globe trust Asset Panda. Visit assetpanda.com for more information.

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