Cut Your Losses With IT Inventory Tracking Software

Whether you’re a small nonprofit, a medium-sized company or a global corporation, you depend on technology to conduct your business, and that’s why IT inventory tracking software is something you should consider. Your IT assets are always on the move, both inside and outside your building, making loss or theft a very common occurrence. If you’ve stored sensitive data on these devices and haven’t taken adequate security measures, you’re placing your company and, potentially your customers at risk.

Even when you’re responsible for a relatively small IT inventory, it’s a challenge to keep up with all of the pertinent details – their respective whereabouts, insurance policies, maintenance histories, and depreciation figures, among other data. That information, after all, is constantly changing. In the past, companies relied upon Excel spreadsheets to track and manage IT inventory. That problem with that solution is human error. It happens, and often. Whether it’s a missed keystroke, a typo, duplication of effort or just simple oversight, mistakes are common, and they can be expensive. Another shortcoming associated with manual recordkeeping: It’s difficult if not impossible to track your inventory in real-time, or take a 30,000-foot view of your assets, which enables you to make more informed decisions about budgeting.

IT inventory tracking software was designed to introduce more efficiency to this process, and it has, with varying results. If you’re on the lookout for an IT inventory tracking software solution for your organization, the search may seem overwhelming at first. A simple Google search will yield you a slew of results, and many of them look similar. The reality is that they’re not. Dig a little deeper, and you’ll find quite a few differences than can make or break the success of your inventory tracking efforts.

Here are a few features you’ll want to be on the lookout for when selecting your inventory tracking solution:

Streamlined operations: Ideally, you want a system that doesn’t require you to purchase additional hardware, software or software licenses to use. All of those requirements drive up your cost and potentially limit the number of users you can bring into your communication loop.

Ease of use: The system should be user-friendly and require no special training to master.

Flexibility/customization: You should be able to import and export data easily from legacy systems, and display and organize data in the way that makes sense for your organization. Your prospects for success increase exponentially when you can manage and track your inventory any way you want.

Price point: While it’s not everything, the price point is undeniably important. The less extraneous equipment you have to purchase, and the more users you can bring into the conversation, the better the value for your organization.

Asset Panda delivers on all of these benefits and more. Our free iOS and Android apps sync with the cloud and include a mobile barcode scanner. No additional hardware or software is required to use Asset Panda; only the mobile devices you already carry.

Or use the web app, if you prefer. You’re also entitled to an unlimited number of users at no additional cost, which enables you to loop all of your stakeholders into the conversation and increase accountability and accuracy throughout your company. In the palm of your hand, you have access to the complete lifecycle of your inventory. Because of the apps sync with the cloud, your information – including depreciation and appreciation figures – is served up in real time, whether it’s 3 p.m. or 3 a.m.

Asset Panda is incredibly simple to use and is completely customizable, from the dashboard to the columns, fields, notifications, alerts, reports, security settings and more. Analyze your data from a high-level view, issue reports, cut waste and save time and money. Best of all, when you’re managing your inventory effectively, you avoid overstock and understock situations – and our technology-driven world, customer satisfaction is everything.

Give Asset Panda a try free for 14 days, and discover what it can do for your IT inventory tracking efficiencies. For more information, go to



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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