Preventive Maintenance is an Investment You Can’t Afford Not to Make

Preventive maintenance may be viewed by some as an unnecessary expense, but the reality is that routine checkups are far less expensive than major overhauls or even replacement of your equipment. If you’re looking to cut costs and use your resources wisely in 2017, preventive maintenance is a smart strategy for meeting those objectives. A good system not only will help you keep track of when those checkups are due. It will also empower you to make higher-level decisions about resource allocation and help you track and manage your assets more effectively, increase accountability and accuracy, throughout your organization, reduce frustration and provide better service. When viewed from that context, preventive maintenance is something you simply can’t afford not to do.

Some “old school” companies rely on a sight, sound or sniff test to determine when their equipment needs to be serviced. And while a burning smell or odd noise is certainly a dead giveaway of an underlying issue, by then, it’s likely that the cost of repair will be higher than it needs to be. When it comes to your equipment – which represents one of the biggest investments you’ll make – you need to take the same approach you’d take to monitoring your own health. Most of us don’t wait until we have full-blown pneumonia to see the doctor – at least, not on purpose. We make an appointment before it gets to that level, right?

Here’s the best part of all of this: Preventive maintenance can be simple to implement – if you make the right choice. Asset Panda offers the simplest, yet most powerful mobile asset tracking system in the world. It’s powered by free iOS and Android apps that sync with the cloud. You won’t need additional hardware or software to use it – only the mobile device you already carry.

The app’s mobile barcode scanner allows you to easily upload your assets into the system, after which you can add supporting information like documents, photos, videos and/or voice notes. This incredibly robust tool allows you to view at any time the complete lifecycle of every one of your valuable assets – from initial acquisition to periodic maintenance to its ultimate replacement from your inventory. From the palm of your hand, look up any asset’s insurance policy information and expiration date, complete maintenance history, lease/purchase information, exact location (including GPS coordinates) check-in/check-out status and its condition.

You can create work orders and schedule maintenance, pull depreciation figures required by your accounting and compliance teams, even use Asset Panda as an enterprise service desk to cut down on support call volume. There’s no more guesswork about where any item is located, and no more wasted time while your employees try to track down assets. Items no longer fall through the cracks when they’re lost or stolen. Asset Panda provides you with an easy, real-time tracking system that eliminates financial waste associated with “ghost assets” – in other words, lost or stolen assets for which a company unwittingly continues to pay insurance.

Asset Panda allows you to add an unlimited number of users to the tool at no additional cost. Our goal is to help you close the loop among all of your stakeholders, increasing accountability throughout your entire organization. The tool is entirely customizable, based on the philosophy that clients should be able to track their assets any way they want. The custom dashboard, fields, columns, asset listing views, security settings and actions like notifications, alerts and reports are all entirely up to you. And, as your business continues to adapt with evolving technology, so do we; our flexible platform was built with an eye on the forthcoming Internet of Things.

Try Asset Panda free for 14 days. It’s simple to use, and you’ll soon find out why clients worldwide have chosen us as their partner to help them manage millions of dollars’ worth of their equipment and assets. For more information, go to assetpanda.com