Using Asset Tracking Software To Track Construction Equipment

Using Asset Tracking Software To Track Construction Equipment

Using Asset Tracking Software To Track Construction Equipment

Asset tracking software makes tools and equipment tracking simpler. This is true in any industry, but there are many benefits that assist in construction specifically.

As you can tailor asset tracking software to your industry and use case, if you’re in the construction industry, you can benefit from a suite of features including equipment booking capabilities and location tracking.

Overall, construction equipment tracking software helps save you time and money by improving your operations.

Construction Equipment Asset Tracking System


Which Industries Can Use Asset Tracking Software?

All businesses have assets. This is why the core of asset tracking software is the ability to log unique assets and add unique data against these assets.

In other words, if a company wishes to track their office’s assets, they can use the system as an IT asset management software and as a fixed asset register software.

Why is this relevant to construction? As the construction industry has one of the biggest overlaps in terms of asset tracking needs. Construction companies will have equipment, tools, IT assets and fixed assets, and all must be tracked effectively.

This is why it’s helpful to note that asset tracking software can be used in any industry, as the ways many industries use the software are applicable to a construction equipment tracking use case.


Using Asset Tags To Track Tools And Equipment

Asset tags improve your asset tracking operations. Asset tags are physical tags that you stick onto your tools and equipment. Then, you can scan these tags into your asset management system.

Every time you scan an asset’s tag, the asset’s last seen location updates, the user who scanned the tag is logged and a timestamp is created. This gives you a full audit trail of your asset interactions.

The other benefit is that every scan opens up an asset’s profile. Therefore, if you’ve logged that an asset requires routine maintenance, you can scan the tag and log the change in an instant.


Getting A Return On Investment From Asset Tracking Software

How does all of this give you a return on investment? It’s simple: an accurate asset register prevents costly gaps. These gaps are ultimately what will minimise your profits as, for example, ghost and zombie assets will eat into your tax returns and could cause fines.

An accurate asset register also minimises the chance of duplicate purchases or other common mistakes. Then, the improved audit trail you get from tracking your assets means that you’re less likely to lose them.

Then, there are the other benefits you get from the speed you can track assets with. In other words, asset tracking software gives you free time as you save time doing critical operations.

This time can be spent on other things, now, and doesn’t need to be dedicated towards double, triple, and quadruple checking an asset register.


Further Asset Tracking Capabilities

Asset tracking software is malleable, customisable, and controllable. This means that you can use it to track any assets within your construction business.

You can use many helpful features to automate asset location tracking and to log wherever your assets are on or off site. Then, you can run speedy audits on your assets thanks to dedicated tagging features.

Maintenance is simplified through an effective reminders system and the ability to log reactive issues, notifying your team at any moment if a problem needs to be addressed.

Then, you can track who has what further by using an effective equipment checkout system. This system allows you to monitor, log, and indicate who has which asset and when they’re unavailable.

itemit gives you all of these features and more. With itemit, you save time and money on your construction equipment tracking, which is why it’s used by construction firms across the world.

To find out more about how itemit can help you, you can contact the team at team@itemit.com or fill in the form below to start your very own 14-day free trial – no strings attached!

Asset Tracking Software

Choose a better way to track your assets

Start your free 14-day trial now

Instant access. No credit card details required.

or, download the itemit app to get started

Related articles

Booking Film & Camera Equipment With Booking Software

Booking Film & Camera Equipment With Booking Software

Booking Film & Camera Equipment With Booking Software

Equipment booking software allows you to check out film and camera equipment to your colleagues or clients. Overall, this creates a clear audit trail of where your assets are going and where they’ve been, as well as who they’ve been with.

You can track your cameras as a single, unique asset and you can track any other equipment that is relevant to the booking, such as shotgun mics and other, smaller bits of kit.

Then, you can create pdfs of the checked out equipment so that you can send on a sheet and verify that the equipment has been received and is with the client.

Why You Need Construction Equipment Asset Management Tools


How Does Equipment Booking Software Work?

Equipment booking software is a set of functionality within asset tracking software suites. Asset tracking software allows you to track unique assets and their information.

As such, you can add each of your cameras as a unique asset and add any relevant costing and purchasing information. One of the benefits of this is that when you’re using equipment booking software, you can also track your assets in other ways and you can expand your operations to include IT assets for example.

The concept of tracking cameras as unique assets means that you can create a specific audit trail related to that singular asset. Then, you can use helpful booking features to check this asset out to individuals or companies.


Speeding Up Bookings With Asset Tags

The best thing about using asset tracking software and booking equipment functionality is that you get an integrated asset tracking app.

This asset tracking app means that you can tag your assets with unique QR codes and barcodes and use these for speedy asset tracking processes.

In practice, this means that you can book out assets when you’re physically close to them in an instant. Simply scan the assets’ tags and press “book asset”, then set the dates.

This gives your team the possibility to share responsibilities, too, as anyone can be given access to your asset tracking system and, therefore, can be given the necessary permissions to book and check assets out.


Reports And Exporting Booking Information

Once you’ve created a booking, you can also put an asset into a location, marking it as either checked out or with a specific client. This gives you a clear record of where your assets are in the world.

Adding an asset to a location also creates an automated record of how long the asset is in that location for. This gives you two complementary bits of information: How long the asset is due to be booked out for and how long the asset is actually booked for.

All of this is pulled into a dedicated reports page where you can filter by any and all asset fields. Therefore, you can create a filter of all the assets one client has, export it as a pdf and send it to them alongside the equipment, ready for them to sign to verify receipt.


itemit’s Asset Tracking Software

itemit’s asset tracking software gives you all of this and more. itemit is scalable and shareable which allows you to use it for anything within your business.

itemit gives you effective equipment booking software capabilities, allowing you to manage your film and camera equipment check outs. Therefore, itemit provides you with visibility and accountability where there otherwise wouldn’t be any.

You can use different tracking technologies with itemit, too. You can use GPS trackers, RFID asset tags, QR codes and barcodes, or all of these in tandem, to create the most visibility, control and transparency possible over your asset register.

To find out more about how itemit can help your crew, you can contact the team at team@itemit.com. You can also fill in the form below to start your very own 14-day free trial.

Equipment Booking Software

Choose a better way to track your assets

Start your free 14-day trial now

Instant access. No credit card details required.

or, download the itemit app to get started

Related articles

What Are The Benefits Of Asset Tracking Software?

What Are The Benefits Of Asset Tracking Software?

What Are The Benefits Of Asset Tracking Software?

Asset tracking software gives your enterprise time and cost saving benefits. This is because asset tracking software has a myriad of helpful features that give you more visibility and control over your assets.

When you use asset tracking software you’re able to manage your fixed asset register better, as well as track, monitor and manage IT assets for example. This gives software an edge over spreadsheets as spreadsheets create gaps in accountability and a high risk of human error.

How To Use Asset Tracking Software When Returning To The Office


Time Saving Benefits

Asset tracking software is built to be accurate. This accuracy doesn’t mean that speed has to be sacrificed, however. When it comes to using a spreadsheet, there is often a trade-off between speed of audits and accuracy, but using software removes this issue.

This is because each of your assets has its own profile. Then, all of the asset data you add to each profile gets pulled into a customisable and editable reports system. Here you can bulk edit and manipulate data, too.

One of the best time saving benefits you get from asset tracking software, however, is the ability to use asset tags. Asset tags are QR codes or barcodes that you stick onto your assets. Then, you can retrieve your assets’ profiles simply by scanning their tags.

Asset tags also automate asset location tracking as, every time a tag is scanned, the last seen location automatically updates using your phone’s GPS data.


Cost Saving Benefits

Saving time does translate to cost as the time you’re not spending on working on an unwieldy fixed asset register can be spent elsewhere. There are other cost-saving benefits, too.

Primarily, as you’ve logged your assets and are tracking them, asset records, accountability and transparency are all improved. This means that you’re less likely to lose assets and less likely to purchase duplicates.

Furthermore, an accurate fixed asset register means that you’re more likely to avoid common fixed asset tracking pitfalls such as ghost and zombie assets. These types of assets can cost you money on your tax returns.

In this sense, the software pays for itself. Spreadsheets, while free, will make your business lose money where asset tracking software provides you with more operational success.


Customisable For Multiple Teams

One of the best things about asset tracking software is that it’s highly customisable and shareable. This means that it can be used across an entire enterprise and doesn’t have to be used within one small team.

The core of asset tracking is the ability to log, monitor and update unique assets and their information. Because of this, the actual information you add is up to you.

This means that you can track fixed assets, IT assets, tools, equipment, high-value assets and miscellaneous assets all on a single system. 

The built-in shareability of your system also means that you can segment user accesses so you only see the information that’s relevant to you.


itemit’s Asset Tracking Software

itemit’s asset tracking software gives you more control over your assets. With itemit, you save time and money by having more visibility over your assets.

The speed you can track your assets at doesn’t mean you sacrifice accountability or accuracy, however, as the system’s features are built to be easy-to-use and quick.

itemit is used across the globe by all different sizes of enterprise in all different types of industry. This is because itemit gives you the ability to track any assets in any way you need to.

To find out more about how itemit can benefit your business you can contact the team at team@itemit.com. You can also fill in the form below to start your 14-day free trial.

Asset Tracking Software

Choose a better way to track your assets

Start your free 14-day trial now

Instant access. No credit card details required.

or, download the itemit app to get started

Related articles

Using Equipment Tracking Software With Your Colleagues

Using Equipment Tracking Software With Your Colleagues

Using Equipment Tracking Software With Your Colleagues

Equipment tracking software is built to be scalable and shareable. The benefit of shareability is that different teams can fulfil different duties and contribute to the overall asset tracking effort.

In other words, when you use equipment tracking software, you can edit asset information onsite. Then, a different team can monitor, edit, and update this information remotely. 

So, what are the best ways to use equipment tracking software with your colleagues?

Why You Need Construction Equipment Asset Management Tools


Onsite Edits And Asset Tags

First of all, when you’re tracking your equipment you’ll need to be able to edit asset information onsite. This means that you’ll need an asset tracking app.

This app will be integrated with your equipment tracking software web interface using a cloud-based system. This means that any edits you make onsite also update across the system in real-time.

Then, you can optimise your onsite equipment tracking operations using asset tags. Asset tags are physical tags, likely QR codes or barcodes, that you stick onto your assets and use to track them.

Every time you scan an asset’s tag, the last seen location updates and the user who scanned the tag is logged, as well as when the scan occurred. This gives you a clear audit trail if you need to identify any issues.

Scanning an asset’s tag also opens that asset’s profile, speeding up any asset discovery processes. Instead of searching for an asset on the app, you need only scan its tag.


Remote Equipment Tracking Software Features

Remote features are also helpful when tracking your equipment. Remote features can be used to monitor and update other asset records, as well as correct anything that has happened on site.

For example, if using equipment tracking software as an equipment booking system, assets can be booked on site for a set of dates. Then, these dates can be adjusted before it’s time to check the asset out if necessary.

Remote features are helpful if you’re working from home, too. Assets have a tendency to go missing when they’re moving between multiple locations and so sharing your asset tracking system with your team and using the app and web portal mitigates this risk.

Everyone can scan in the assets they have access to while your admin team verifies and audits those assets, something that isn’t possible with old school methods such as spreadsheets.


Fixed Asset Management And Financial Capabilities

Finally, equipment tracking software is best shared with colleagues because of the range of capabilities it has. You may be looking specifically for your team, but there will be another team in your business that can benefit.

Equipment tracking software is helpful for fixed asset management, for example, as not only can you audit assets and log their locations, but you can also track depreciation and cost data.

This is across all of your fixed assets, too, thanks to the capabilities equipment tracking software has. You can use it for IT asset management operations as well and track any form of asset you need to.


itemit’s Equipment Tracking Software

itemit’s equipment tracking software is built to be scalable. With itemit, you can share your asset tracking system, set user permissions, manage any type of asset and customise your asset tracking capabilities.

You’re not tied to any type of tag and can use QR codes, barcodes and RFID tags, as well as GPS trackers, all at the same time. itemit is a very customisable system, allowing you and your team to save as much time and money as possible.

To find out more about how itemit’s asset tracking software can help your business save time and money, you can contact the team at team@itemit.com or fill in the form below to start your 14-day free trial.

Equipment Tracking Software

Choose a better way to track your assets

Start your free 14-day trial now

Instant access. No credit card details required.

or, download the itemit app to get started

Related articles

How To Keep Your Fixed Asset Register Accurate

How To Keep Your Fixed Asset Register Accurate

How To Keep Your Fixed Asset Register Accurate

A fixed asset register is an essential way to ensure that your finances are correct and up to date. The purpose of an asset register is to be a record of what you own, how it is behaving, where it all is and any other critical details.

Therefore, when you track your fixed assets, you benefit from more visibility, control, and accountability over your assets. In turn, this means that you purchase fewer assets, lose fewer assets and keep tax and insurance information accurate.

However, you only get these benefits if your fixed asset register is accurate and up to date.

The Benefits Of Fixed Asset Register Software


Should You Use A Spreadsheet As A Fixed Asset Register?

The simple answer is no. You can keep a record in the form of a spreadsheet, or multiple spreadsheets, but to keep your asset records up to date you’ll need more.

This is because spreadsheets have gaps and, while they’re free, create a negative return on investment. 

If your fixed asset register is in the form of a spreadsheet, every row will pertain to an asset and every column a type of information. This means that each cell contains critical information. It also means that any time an asset changes, a single cell out of potentially thousands instantly becomes out of date.

Then, there may be separate tabs or sheets for depreciation data, fixed asset information, lifecycles and so on, creating a massive workload.

On its own, a spreadsheet is insufficient as the risks, such as ghost and zombie assets, are too high.


Using Fixed Asset Management Software

Fixed asset management software is the best way to keep your asset records up to date. This is because you’re using features, functionality, and a user-friendly interface as opposed to tackling a spreadsheet.

Fixed asset management software allows you to create unique asset profiles that you can add information to. Therefore, instead of adding data into a single cell at a time, you’re adding data against an easily findable profile.

Then, you can make the most out of streamlined features instead of manually adding and updating data all the time. For example, you can use a fixed asset management system as equipment booking software or as issues management software.

The software itself will be as customisable as a spreadsheet in this sense, so the type of fixed assets don’t make a difference. Therefore, if you’re looking for an asset tracking system for construction assets or an IT asset management system, fixed asset tracking software will suit your needs.


Fixed Asset Tags

Fixed asset tags also remove a lot of the administration and automate a lot of your fixed asset operations. For example, asset tags simplify audits as you can scan the assets in a location and rely on a system rather than a checklist.

Asset tags are physical tags that you stick onto your assets and then link with their profiles. Then, every time you scan an asset’s tag, the relevant profile opens and the last seen location updates. This gives you an audit trail of your asset interactions, as well as speeds up asset discovery.

Bulk actions aren’t possible on a spreadsheet after a point, too. You can’t filter by assets and then bulk add them to a location without quite a bit of work to isolate assets and replace the wording. Fixed asset tracking software simplifies this and speeds it up, whether you use asset tags or not.

This way, you have a choice of how you keep your asset register up to date. You can either remotely manage information or you can interact with assets onsite using your smartphone.


itemit’s Fixed Asset Register Software

itemit’s fixed asset register software lets you build an asset register by building and populating profiles. Then, you can add filters to manage your fixed asset register and export it to maintain the benefits of a spreadsheet.

Overall, itemit gives you an easy, manageable, and clean way to look after your business’ assets. Then, you can use your fixed asset register for any purpose you need it for while also knowing that it’s kept up to date. 

You can choose how you manage your assets as itemit comes with a web interface as well as an integrated mobile app. Onsite edits are easy, as are remote tweaks and exports.

Find out more about itemit by contacting the team at team@itemit.com. You can also fill in the form below to start your 14-day free trial.

Fixed Asset Register

Choose a better way to track your assets

Start your free 14-day trial now

Instant access. No credit card details required.

or, download the itemit app to get started

Related articles

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