Asset Inventory Management System

What’s an asset inventory management system? It’s a broad-based term that encompasses two very different things: fixed assets and inventory. Fixed assets are the items you use to help you run your business – take, for example, your computers, your phones, office furniture and office space. Although companies are required to report their fixed assets yearly for tax purposes, many either don’t, or they’re using extremely inefficient, manual processes to track assets. Your inventory, meanwhile, is comprised of the product or products you sell. It’s vital to the profitability of your organization that you keep a finger on the pulse of your inventory as it depletes and requires replenishment.

Asset Panda has introduced a powerful, yet simple way to track both assets and inventory from the palm of your hand. Powered by free mobile iOS and Android apps that sync with the cloud, Asset Panda requires no additional hardware or software to use – only the mobile devices you and your employees already carry. There’s no need for separate handheld barcode scanners; the app includes a mobile barcode scanner. Without the need for additional software, you won’t face charges for licenses. You’re entitled to an unlimited number of users at no additional charge, so you can bring every one of your stakeholders into the communication loop. That means increased accountability and accuracy, which in turn saves you money. How? Manual fixed asset and inventory tracking systems all too often fall victim to human error, duplication of effort and guesswork. It’s a hassle to track inventory and assets manually. Even the best intentions fall by the wayside when more immediate demands take precedence over recordkeeping. What can very easily happen is that companies continue to pay insurance on assets they don’t even have anymore. An item may have been lost, stolen or phased out due to disrepair, but if records haven’t been kept, companies are none the wiser. Asset Panda allows you to “outsource” your asset and inventory tracking, so to speak, to an app that maintains the complete lifecycle of every asset and piece of inventory. You have real-time, easy access to your data 24 hours a day, seven days a week. When your asset inventory management is accurate, you can rest easy that the information you provide your accounting and compliance teams is reliable, enabling you to avoid penalties and other waste.

Despite a powerful suite of features, Asset Panda is both simple to use and completely customizable. Your business has unique needs, and with that in mind, this asset inventory management system has been designed to allow our clients total flexibility. Create custom fields, notifications and reports, even issue work orders through the app. Asset Panda displays such vital data as check-in/check-out status, maintenance schedules, purchase/lease information, service contract information and expiration dates and insurance policy information and expiration dates.

Unlike some of our competitors, every Asset Panda account is a premium account, so every one of our clients enjoys access to powerful features like mobile audit/GPS tracking, full integration with web app, custom dashboard, user configurable views, the ability to create work orders, and include multiple users with different security settings on web and mobile. And, while Asset Panda is the most powerful asset tracking platform on the market, it’s so simple to use that it requires no training to master.

When it comes to features, ease of use and potential for return on investment, Asset Panda has no peer in the marketplace. Try it for yourself free for 14 days. For more information, visit

Courtney Roush

Courtney Roush is a freelance writer, editor, and communications strategist with 25 years of experience. Her favorite discipline is crisis communications – and it’s a highly relevant one in our present times.

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