Construction equipment asset management is the discipline of logging, managing, and tracking your assets. With an effective system in place, you’ll be able to:

• Speed up maintenance
• Lose fewer assets
• Reduce insurance premiums
• Maintain a robust fixed asset register
• Speed up your daily operations
• Create an audit trail of asset interactions

The best construction equipment asset management software gives you a suite of features to play around with, meaning you’ll be able to tailor your asset tracking operations to your business.

Construction equipment asset management software is a type of asset tracking software. Asset tracking software allows you to log your assets as unique profiles and start tracking specific, granular information against them.

This granular data is then pulled into a reporting system, meaning you’ll be able to pinpoint asset maintenance information, as well as track bookings and last seen locations of assets.

Your construction equipment asset management software will come with an integrated asset tracking app. This means that you’ll be able to run audits and edit asset data with the asset in front of you, simply with your smartphone.

All of the data you collect online or on your app updates across the board, meaning whether you’re editing on-site or off-site, you’ll be able to manage any changes your assets go through.

There are a range of features at your disposal. These features allow you to create a highly tailored asset management process. 

For example, if your assets are hired out, you’ll be able to use an equipment checkout system to log who has the assets and how long they’ll have them for.

If you wish to use the system as an equipment maintenance tracking software, you’ll be able to implement repeating reminders for routine and pre-emptive maintenance, and you’ll be able to use an issues management system to log any issues that need to be addressed.

Location tracking is essential, too. With the best system, you’ll be able to scan your assets into locations, as well as track an asset’s last seen location. This gives you an overall view of who is interacting with assets and where.

Asset tags speed up your operations. These are physical tags that you can stick onto your assets. You can also customise these tags to be metal, meaning that they can go through more weathering than the standard sticker tag.

Every time you scan an assets’ tag, it will open up that asset’s profile, ready for edits. The last seen location also updates, as well as the user who scanned the tag and what time it was scanned.

This means that if an issue is reported on an asset, you can see where the issue was reported, who reported it, and what the issue is, meaning you can pinpoint what needs to be addressed and speed up your maintenance time.

You can also use GPS trackers for your larger assets. If your assets are getting delivered somewhere, you can monitor this delivery using these trackers. GPS asset tracking is a good way to supplement asset tags, as this way you get accountability on and off site.

Not only do these tracking procedures save you time, but they also save you money. Time is critical, as the less time you spend on one job, the more jobs you can do.

However, by using auditing features you can pinpoint where your assets are and minimise and mitigate asset losses and asset theft. This gives you a much clearer view of your asset register and increases your business’ accountability.

As you collect your data, an automated fixed asset register will be created, too. This is very helpful in saving you money as you’ll be able to use it for tax and insurance purposes.

In terms of insurance, being able to show that you’ve mitigated thefts and damage, you’ll be able to claim lower premiums. A robust asset register also reduces the chance of ghost and zombie assets, avoiding fines when you’re claiming back tax on your business expenses.

To find out more about how itemit’s construction equipment asset management software can save you money, you’ll be able to contact the team at team@itemit.com. You can also fill in the form below to start your 14-day free trial.

Instant access. No credit card details required.

or, download the itemit app to get started

Asset stickers help you monitor your business’ critical equipment. You can use them for tools and equipment tracking, IT asset management, fixed asset tracking, and more.

They are physical stickers that you can stick onto your assets. They contain a unique code, and you can scan this code into your asset tracking software.

Another name for asset stickers is asset tags. Asset tags are used in all manner of asset tracking operations to speed up asset monitoring and to increase accountability.

If you’re well versed in using a spreadsheet for your asset tracking operations, you’ll already know the gaps. Onsite audits are lengthy and unwieldy as you need to record any changes onsite, then update your asset register later.

Even with asset tracking software, you need to perform searches on your assets when you’re on-site to ensure that you’re updating the correct records.

Asset tags remove the need for this as, now, you’ll be able to scan a tag to retrieve the correct records, ready for speedy and accurate updates to your data.

Using asset stickers is simple. First of all, you can create an asset register in your asset tracking software. This will contain your asset information and records.

For example, if you’re using the system for construction equipment tracking, you’ll be able to log each spanner, tool, drill, and all of your heavy equipment. Each of these assets will have a unique profile.

Then, you’ll be able to stick your asset stickers onto your equipment and scan them into your asset tracking app. As the sticker contains unique information, it links to a unique asset profile.

What this means is that now, every time you scan the asset’s sticker, it will retrieve the corresponding assets’ profile on your asset tracking app, ready for you to add issues, information, or view attachments.

Not only do asset tags speed up your asset discovery process, but you can also use them for bulk actions. As each tag contains a unique ID that’s associated with each tag, you can scan a number of assets at speed.

This means that you can run asset audits when you’re in a location to double-check all of your assets are accounted for. All you need to do is press an audit feature in your asset tracking app and scan the tags.

You can also move assets between locations in bulk. Again, you simply need to scan all of the tags into the new location to update your records.

Every scan also updates the assets’ last seen location and the user who scanned the tag, as well as the user who scanned it. Therefore, if there’s an issue reported against your assets, you’ll be able to pinpoint who reported this issue and where, speeding up maintenance.

All of the data you update within your app also updates online, meaning you’ll be able to run helpful reports on the information you’re gathering. This saves you money as you’ll create robust records that you can use as a fixed asset register in the process.

You can customise your asset stickers, too. This means that you’re not confined to vinyl tags where standard stickers may not be appropriate.

For example, if you have heavy tools and equipment that go through consistent weathering, you’ll be able to use metal QR tags. These tags are much more durable and will survive harsher environments.

You can also customise asset stickers so that they contain your company’s branding. This may add a personalised touch, but it also serves as an instant indicator of which assets belong to your company if you’re hiring them out or sharing them with other businesses.

To find out more about itemit and how you can use asset stickers for your asset management, you’ll be able to contact the team at team@itemit.com. You can also fill in the form below to start your 14-day free trial. you can even use your own asset stickers!

Instant access. No credit card details required.

or, download the itemit app to get started

In this guide:

1. How Does Asset Tracking Software Work?
2. Who Can Use Asset Management Software?
3. What Are The Benefits Of Asset Management?
4. Using itemit’s Asset Management Software

In this guide:

1. How Does Asset Tracking Software Work?
2. Who Can Use Asset Management Software?
3. What Are The Benefits Of Asset Management?
4. Using itemit’s Asset Management Software

Asset management software gives you a clear view of what you own, how assets behave and allows you to extend your asset usage. As you get all the data you need to make effective and clear business decisions, you can extend the lifetime of your assets and get more use out of them day to day.

This is as logging and tracking your assets on asset management software allows you to track critical asset information, such as maintenance dates, deprecation data and location information.

Not only do you get an effective, automated fixed asset register out of it, but you also get a suite of helpful features that take your asset tracking to the next level.

The core of asset tracking software is the ability to log your assets as unique, digital profiles. This way, you can add unique information against specific assets, rather than adding them as fields in a spreadsheet.

This gives you a cleaner view of your asset information, as it makes updating and using data much more simple and much, much faster. 

All of the data you add is duplicated into a customisable report so that you can pinpoint critical specifics, such as which assets are due for a PAT test.

You can also use asset tags to speed things along further. Asset tags create a neat audit trail of your assets’ last seen locations, as this updates on every scan. You can also scan an asset’s tag to retrieve its asset profile, ready for you to add issues or update maintenance data, for example.

Asset management software is used by many different companies across all different industries across the globe. This is as the fundamentals of effective asset management software are essential. All business need to know what they own and they need data related to these assets.

The benefits, then, lie in how much you can tailor your asset management software to your specific needs. If, for example, your tools and equipment are frequently rented out to different sites, you will need to be able to use an equipment checkout system.

If you need fixed asset tracking within the system, you need to be able to add depreciation data within the software, too, and this needs to update automatically as time passes.

Therefore, when you’re looking for asset management software, you need to keep what you need to use it for in the back of your mind so that you know whether the system will be capable of housing and maintaining your data.

So, should you use asset management software? The benefits are clear. As you get a robust, up to date view of your assets, you can extend asset usage and lose fewer assets to start.

Tracking this data means that you can pinpoint any gaps, too, as it’ll be visible which assets haven’t been used in a while very quickly. Then, as you have a granular view of your assets, you can pinpoint why and whether you need to deploy that asset or decommission it.

An automated fixed asset register speaks for itself, too, as your daily asset tracking operations remove the need to ever manually update a spreadsheet.

Then, you can run reports on this data to see which assets require maintenance and which do not, for example, rather than scouting through a spreadsheet trying to find the cells that you need.

itemit’s asset management software is used worldwide by companies in all industries. itemit is used for construction equipment tracking, school asset management, fixed asset management, charity asset tracking and more!

The system has been built on the feedback from our customers, meaning that itemit is a powerful system that is guaranteed to have something that can help your business.

itemit’s asset tracking software has a suite of features that help you speed up your existing operations, from fixed asset management to maintenance to equipment rental tracking.

To find out more about itemit’s features and functionality, you can contact the team at team@itemit.com. You can also start your 14-day free trial by filling in the form below.

Instant access. No credit card details required.

or, download the itemit app to get started