Asset Tracking Management

An efficient, accurate asset tracking management system has never been more imperative for companies. Fixed assets represent a significant percentage of the books at every organization, whether large or small. The Sarbanes-Oxley Act of 2002 changed the landscape of compliance. This legislation was intended to protect both shareholders and the public from accounting errors and fraudulent practices, improve the accuracy of corporate disclosures, and hold companies accountable. Compliance can be a difficult challenge for companies; it relies on thorough record-keeping and unwavering attention to detail. Asset Panda’s powerful, completely customizable yet simple to use asset tracking platform gives companies a means to track their vital assets accurately in real time, promoting not just compliance, but increased efficiency and savings of time and money. Every single day, your vital assets pass through multiple sets of hands both internally, among employees; and externally, among service providers, which means the opportunity for lost or mismanaged assets is enormous. Traditional asset tracking systems involve manual processes like spreadsheets and expensive hardware, like hand-held scanners. Asset Panda’s powerful yet simple to use cloud-based system syncs with our free Android and iOS apps and includes a mobile barcode scanner. With the cloud, Asset Panda has effectively eliminated the practice of time-consuming, error-prone manual spreadsheets. From the palm of your hand, you have round-the-clock access to the entire lifecycle of each of your vital assets. When your data is maintained in real time, you can rest assured that you have the most up-to-date information you need to manage your asset flow and remain in full compliance. Using your smartphone, tablet or the web, pinpoint an asset’s location, who has it and whether it requires servicing, repair or replacement. Quickly check items in or out using the tool’s built-in mobile barcode scanner. Manage your equipment, confirm inspections and report on all relevant information. Track work orders tied to assets. Use the tool as a ticketing system to track information like repairs or compliance. Keep tabs on the location and condition of checked in/checked out items, including the repair history and make/model/serial number, receive notifications for required maintenance and communicate easily with stakeholders when an item requires repair or replacement.
With Asset Panda, it’s simple to create customized reports, request service and tie work orders to invoice systems. You’re entitled to an unlimited number of users. Asset Panda’s flexible system allows you to connect assets to multiple books or kits, offers configurable reporting for compliance, straight line depreciation and asset appreciation calculation. Our system provides user field and user location security, plus area user level security within locations. Other features and benefits include open API, custom electronic signature, custom notifications, social media integration, custom reporting and the ability to track non-traditional assets. Despite the breadth of our features list, Asset Panda is incredibly simple and intuitive and requires no training to use – but our customer service representatives are always within reach if you have any questions, supporting our clients in real time both in the field and globally. Best of all, Asset Panda is offered at a fraction of the cost of our competitors because we don’t need additional hardware, software or associated licenses to offer you the most powerful mobile asset tracking management solution in the world.

Non-compliance is costly both to your bottom line and your reputation. If you’re ready to improve the management and integrity of your asset-related information, contact Asset Panda to start your free 14-day trial.

Rex Kurzius

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