5 Things to Look for in an Inventory Software Package

You've been considering investing in an inventory software package for a while now. You know it'll help save your company time, money, and work. But you don't know where to start. There are dozens of options out there. How can you tell what software will work best for you?

Here are some key things you should consider when shopping for inventory software.


Perhaps one of the most prominent features of a software most companies consider is the cost. Is it something you can afford? Even if it's perfect in every other way, if you can't afford a piece of software, you'll have to reconsider your options.


What will it take for you to implement this software in your company? Will your employees need to undergo training in order to use the software appropriately? Will you need to upgrade your hardware to something that's compatible with the program? If so, the cost of purchasing that program may be more than the ticket price.

Ease of Use

Similar to implementation, you'll need to know how easy it is to use. Is the user interface intuitive, or will users have to look in strange places in order to access the feature they need? If a software is hard to use, it'll take time for your employees to work around. Check software reviews to see what other users have said about the software's ease of use.

Features You Need

With the variety of inventory software packages available, you can afford to be picky. Make sure you check out a features listing for each type of software you're considering to see if it has the features you need. If you need to be able to record certain types of data about your inventory, and the software doesn't have that feature available, you can cross it off your list. Common things you'll want to be able to track include inventory levels, available product and assets, location, and quantity.


Many software programs have a limit on the number of people who can use one license. If you have hundreds of employees, but only 10 devices can work on one software license, that software will quickly become expensive. Look for a package that allows you to have as many employees on as you need at a time.


Asset Panda has created a software program that can adapt to meet several business needs. Tracking inventory is easy with our cloud-based database. If you need to know where something is, you can look up the asset name and see where it was last checked in. When it comes time to update your inventory, simply scan the barcodes of each of your assets to put it into your system.

Many companies hire one or more employees just to keep track of their inventory. However, with Asset Panda, you don't need to have workers just for inventory. Our mobile compatibility allows your employees to update and maintain the database as they are working, which makes it easy to keep your records updated in real time.

Our software is compatible with several different modules, so you can get each feature you need. If you need to integrate help desk assistance into your program, you can add that to part of your software package. We know that each company has different needs, so we've made it possible for you to get exactly what you need without paying out the nose for it.

Want to see how customizable Asset Panda can be? Try it free today!

Bree Brouwer

Bree has held plenty of media- and marketing-related jobs over the years now, like working as a PR and marketing assistant to a Hollywood screenwriting coach, and writing content for three different digital marketing agencies.

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