If you’re looking at asset management software in the UK, you’ll know there are a lot of things to consider. You’ll want a system which is applicable to your assets and your industry.
Therefore, if you’re looking for better construction equipment tracking, you’ll need a software which can handle routine and reactive maintenance, equipment bookings for hires, and location tracking.
It’s important to remember, therefore, why asset tracking is so important and work backwards. This way, you’ll know exactly what your needs and specifications are and have the ability to search more proficiently for your asset tracking software.
What Is Asset Tracking Software?
Asset tracking software is a system where you can log, monitor, and track your business’ critical assets. Therefore, you’ll be able to know exactly what you own and where everything is.
You’ll be able to use asset tags to improve your location tracking and speed up a lot of your operations, too. You’ll stick your asset tags on your physical equipment and link it to a digital profile of the asset with your asset tracking app.
This way, every time you scan the QR code within your app, the last seen location will update and the asset’s profile will open.
If you need to report that an asset requires maintenance, you’ll be able to use this system to speed up this process. Simply scan the assets tag in your asset tracking app and report the issue with your software’s issues management feature.
Why Is UK Asset Management Software Essential?
UK asset management software is essential because of all the savings you get from it.
With asset management software, you will:
- Lose fewer assets
- Have an automated and accurate fixed asset register
- Know which assets you own
- Avoid the risk of purchasing duplicates
- Save time and, therefore, money on your operations
As your fixed asset register is automatically created and maintained as you’re tracking your assets. Therefore, you’ll be able to use this data to claim accurate tax breaks and to improve and streamline your insurance operations.
You can also use these reports to view which assets are frequently booked, or which assets have required frequent maintenance. Therefore, you’ll be able to make clearer business-focused decisions on future purchases.
Implementing Asset Management Software
The implementation of asset management software into your business is a simple process, too. You’ll be able to transfer an existing asset register into your new software or create a new one.
As you’re tagging your assets, you’ll also be able to audit everything that you own, ensuring a higher level of accuracy. Then, if you add your assets to a collection or location, you’ll also be able to run frequent audits on this to ensure everything is where it should be.
All of your asset data then gets pulled into a reports page in your asset tracking system. You’ll be able to edit and export this with all the data you need to know.
To find out more about how itemit’s UK asset management software will help you, you’ll be able to book a demo using the button below.
You can also contact the team at email@example.com or fill in the form below to start your 14-day free trial.
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