Whether a global corporation or a small nonprofit, physical asset management software is one of the most important investments you can make for your bottom line.
Although your IT assets – including hardware and software, monitors, keyboards, mobile devices, A/V equipment, and more – are most likely among your biggest ticket assets, you’re also responsible for managing other physical assets, such as:
- Office furniture
- Office equipment
- Buildings and plants
- Vehicles or fleets
- Tools
Why is physical asset tracking and management important?
Each year, you need to provide accurate data about each of those assets for accounting and compliance purposes, and failure to do so can be costly.
Most organizations by now have realized that traditional, manual spreadsheets are time-consuming, frustrating, and prone to human error and oversight. Reorganizations are a common occurrence, resulting in job transitions and potential neglect of records that require constant maintenance. And it’s all too easy to enter a number into a spreadsheet incorrectly.
Realizing these vulnerabilities and ongoing technological evolution made it possible to take asset tracking online and, finally, to mobile devices. However, many physical asset management software products require hardware, software licenses, and additional hardware, like handheld barcode scanners or QR codes, which need maintenance and replacement. These services often charge per user. Collectively, these additional requirements translate to higher costs for users.
Asset Panda’s Fixed Asset Management Software
Asset Panda has taken a different direction, with a powerful yet simple asset tracking solution offered via free mobile apps and hosted in the cloud. No additional hardware or software is required; users don’t have to absorb the cost of licenses or carry a separate handheld scanner; the app includes a mobile barcode scanner.
Asset Panda customers are entitled to unlimited users at no additional charge. Every Asset Panda account is a premium account, so all our customers enjoy full access to our robust and completely customizable features list.
Our asset tracking software is fully customizable and flexible. It’s based on the philosophy that you should be able to track your assets in any way you want. After all, no two companies are the same, so a cookie-cutter approach to asset tracking doesn’t work.
Features to look for in a physical asset tracking solution
A custom dashboard, custom fields, quick search capability, custom alerts and notifications, calendar feature, open API, easy integration, and configurable security settings based on user locations, roles and field-level permission all make this tool incredibly simple to use, despite its status as the most powerful mobile asset tracking platform in the world.
Asset Panda’s fixed asset management software solution
No training is required to use Asset Panda; all you need to access the entire lifecycle of each of your fixed assets is already in the palm of your hand, using the mobile devices you and your employees already carry.
Asset Panda’s asset management software closes the communication loop among stakeholders, increasing both transparency and accountability. In real-time, clients know the exact location of each vital asset, who has it, and its condition.
They can upload images, videos, documents, and voice notes to asset data. And they can schedule alerts to stay on top of maintenance, issue work orders, and reference an item’s purchase history, lease, or insurance information. Use Asset Panda as an enterprise service desk and reduce your time on support calls.
Best of all, with 24-hour-a-day access to real-time information, you can rest easy with the assurance that your data is accurate. Accuracy not only makes reporting for accounting and compliance much, much simpler; it saves you wasted time and wasted money.
Why not try Asset Panda for physical asset tracking?
Unfortunately, all too many companies are over-insured, paying coverage for assets no longer in their inventory. Or, they may be paying for costly repairs or replacements resulting from a lack of regular fixed asset maintenance, which would have enabled them to maximize the lifespan of their equipment.
The bottom line is this: Physical asset management software is an absolute no-brainer for your organization.
And you won’t find a more powerful, customizable, cost-effective, or user-friendly solution than Asset Panda. See for yourself. Start your free 14-day trial (no card required) today!
