Asset management software must work in a certain way to make it the best. You need to have the core functionality, and it needs to improve your business and operations. However, various additions are what differentiate a standard asset management software from the best on the market.

So, what is the best asset management software in 2021?

First of all, you must have a quick and simple way to identify assets and interact with them. The idea behind switching to asset management software is to automate, share responsibilities, and improve your accountability and operations.

Therefore, you need a simple way to update asset information and view asset data. Without this, you may run into blocks in terms of speed and asset discovery.

With QR code asset management operations, asset discovery and updates are simple. As each of your assets will have unique profiles in your asset management software, the process of editing these profiles comes down to scanning an attached asset tag in your asset tracking app.

Every time you scan an asset’s tag, too, the last seen location and user who scanned the tag will update automatically using your phone’s GPS data. This gives you a robust and accurate audit trail of all of your asset interactions.

Once your assets are logged into your system, you need to have cutting-edge functionality to be able to get the most out of your asset management software.

This means that you’ll need to be able to use equipment booking software functionality, as well as track specific asset data, monitor asset issues, and create reports.

The best asset management software allows you to combine efforts and share them. This means that, in the same system, you’ll be able to implement IT asset tracking operations alongside fixed asset management procedures.

With the use of relevant features, this allows you to have a complete, accurate, and up-to-date audit trail. You can export fixed asset registers, for example, for insurance and tax operations while keeping your hardware asset management operations separate, overall improving your systems.

With itemit, you can combine operations across your business. Anything related to asset management, you’ll be able to achieve. 

itemit is built on the ability to make your life easier, your asset tracking faster, and your reporting accurate. This means that no matter the angle you’re coming from, so long as it relates to your assets, you’ll earn a high return on investment on your efforts.

itemit also has the unique ability to combine asset tracking technologies. So, you’ll be able to use GPS trackers in conjunction with fixed RFID readers. This allows you to create a completely accurate and transparent view of your assets, as any movement or any change will be updated in your system automatically.

To find out more about how itemit is the best asset management software in 2021, you’ll be able to contact the team at team@itemit.com. You can also fill in the form below to start your very own 14-day free trial.

Instant access. No credit card details required.

or, download the itemit app to get started

Construction equipment tracking saves you money. With an effective tracking system in place, you’ll be able to monitor where your equipment is, who it’s with and whether it’s available for use.

If you don’t have a useful tracking system in place, you run the risk of losing assets, a lack of accountability, and wasting time on asset retrieval and asset use.

You need construction equipment tracking as, without a system in place, you will lose assets, accountability, and control over your tools and equipment.

An asset tracking system is a place where you can log and monitor your tools and equipment. In your asset tracking software, each of your assets will have a unique profile.

On this profile, you’ll be able to add any information that you need to know, including check in check out information and any issues that piece of equipment may encounter.

Then, you’ll be able to use asset tags to start tracking the equipment’s locations. Every time you scan an asset’s tag, the last seen location will update, as well as the time of the scan and the user that scanned the tag, and the profile will open, ready for any updates or edits.

You can use more features with asset tags, such as the ability to audit your assets and verify that they’re in the location that they should be.

You can also extend the variety of asset tracking features available to you by using GPS trackers. GPS trackers allow you to see where your assets are no matter where you are in the world.

GPS trackers interact with your asset tracking software by periodically updating an asset’s location. Therefore, it’s incredibly helpful to use GPS trackers if your assets are frequently in transit or move around a large construction lot.

The main benefit of GPS is that it extends your construction equipment tracking operations beyond last seen location tracking, meaning that you’ll be able to speed up retrieval times further, saving you money on petrol and allowing you to lose fewer assets.

itemit’s asset tracking software is incredibly effective at helping you track your construction equipment. When you use itemit, you get an automated fixed asset register to monitor your equipment.

Your fixed asset register updates with every change you log against an asset, meaning that you’ll have a robust, automated, and accurate view of what you own. You will also be able to use this register for a variety of insurance and financial purposes, too.

itemit is unique as it allows you to combine RFID asset tracking, asset tagging, and GPS tracking technologies, giving you a full view of all the assets you own, where they are, and who is in control of them.

You need construction equipment tracking to ensure you can save as much time and money as possible. You can find out more about how itemit can help with this by contacting the team at team@itemit.com or by filling 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

In this guide:

1. Asset Location Tracking
2. Fixed Asset Management
3. Equipment Hire

In this guide:

1. Asset Location Tracking
2. Fixed Asset Management
3. Equipment Hire

Asset tracking software is an effective way to minimise asset losses and improve accountability over your business’ tools and equipment. With asset tracking software, you’ll be able to see what you own and how it’s behaving.

Therefore, so long as you have assets, you’ll be able to benefit from the features an effective system has in place and off-the-shelf. The way asset tracking software works is by allowing you to log unique, digital copies of your assets and add specific data to these profiles.

In other words, if you’re using your system for IT asset management and have twenty laptops, you’ll be able to create twenty unique profiles of these. Then, if any have an issue reported against them, you’ll be able to see specifically which laptop has an issue, where it is, and what the issue is.

First of all, you’ll be able to use your asset tracking software for effective asset location tracking. With itemit, you can automate your location tracking with fixed RFID and GPS trackers, but conventionally, you’ll be able to use QR codes and barcodes for last seen location tracking.

You’ll use asset tags to link physical assets with their digital profiles. Then, when you scan an asset’s tag, the last seen location will update as well as the time of the scan and who scanned the tag, and the asset’s profile will open, ready for edits.

This has multiple benefits. First of all, you’ll be able to create a transparent audit trail of where your assets have been and who has been interacting with them.

Then, another benefit is that you will be able to pinpoint interactions with assets. So, for example, if someone scans an asset’s tag and reports an issue on that asset, you’ll be able to see where the issue was reported and who reported it.

You’ll also be able to fulfil a variety of fixed asset management operations in your asset tracking software. From tracking depreciation to maintaining an automated and up to date fixed asset register, it’s all possible.

Every edit an asset undergoes is automatically updated on your fixed asset register in real-time. This means that it’s no longer necessary to view an asset on-site, log a change on a notepad, and update your asset register later. Instead, you can fulfil all of these operations onsite.

This is effective in insurance and financial operations as it allows you to reduce asset losses and mitigate the risk of ghost and zombie assets.

You can also use your asset tracking software to track your equipment hires. Using assignee features and effective check in check out software functionality, you’ll be able to view who has assets and when they’re due back.

This is also great at reducing asset downtime, as you’ll be able to book an asset out when essential maintenance is due to be undertaken, indicating to the team that an asset is unavailable for use.

To find out more about how itemit’s asset tracking software can help your business save time and 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