How Does Medical Equipment Asset Management Software Work?

How Does Medical Equipment Asset Management Software Work?

Medical equipment asset management software allows you to track your reactive and preemptive maintenance, create an asset register, and track your tools and equipment.

With medical equipment asset management software, you’ll be able to see what you own and what the status of your assets are. In the medical industry, it’s essential that you keep a tight and streamlined asset register so that you can react at a given moment.

 

Healthcare Asset Tracking Software At Work

 

itemit can help you with your asset management needs, allowing you to add data to your assets and export it for everyone who needs to see it. Find out more, here.

 

How Does Asset Management Software Work?

Asset management software will allow you to add digital profiles of all of your assets. For example, if you want to track kits to load onto ambulances, you can add a profile for the kit itself, as well as all of the tools and equipment within the kit.

Then, you’ll be able to use the same asset management software to link your physical tools and equipment with their digital doubles. This is done using asset tags

These asset tags are stuck onto the equipment, then scanned into your software. As a medical environment is so busy, you’ll be able to mix and match which tags you use to automate your tracking procedures. 
So, you’ll be able to use fixed RFID asset tracking, combined with QR code asset management, for example.

Tagging and Tracking with QR Code Asset Tags

Every time an asset’s tag is scanned, its last-seen location will update, allowing you to create a full location history of your assets.

 

Additional Benefits of Medical Equipment Asset Management Software

After you’ve logged and tagged your assets, you’ll be able to make use of a variety of different helpful features. So, as well as the ability to track your assets’ locations, you’ll also be able to track other essential asset-related data.

For example, you’ll be able to make the most of an issues management system to report issues against specific equipment. To track preemptive and routine maintenance, you’ll also be able to use a reminders system so that you never miss an important date.

If you’re hiring out equipment or if it’s being used by a colleague, you can also make use of an equipment checkout system so that you can see exactly who it’s checked out to and how long they’ll be using it for.

 

The Overall Benefit of Medical Equipment Asset Management Software

Overall, medical equipment asset management software saves you time when you need it the most. By tracking and logging asset data in one place, against specific assets, you’ll be able to ensure that your assets are working to the best of their ability.

Knowing this helps with your accountability and in your asset use, ensuring compliance and ensuring speed when it comes to using tools and equipment.

To find out more about how itemit can help you with your medical equipment asset tracking, you’ll be able to book a demo using the button below.

Or, you can contact the team at team@itemit.com. You can also start a free trial by filling in the form below.

 

Why not check out these blogs?

Why You Should Use A Fixed Asset Tracking Solution

The Benefits of GPS Asset Tracking

How To Use Asset Labels

Try Our Medical Equipment Asset Management Software

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or, download the itemit app to get started

Why You Should Use A Fixed Asset Tracking Solution

Why You Should Use A Fixed Asset Tracking Solution

Fixed asset tracking solutions save you time and money on your daily operations. Without robust tracking procedures, you’re at risk of ghost assets and zombie assets on your fixed asset register, which can drain your finances and your profits.

Knowing exactly what you own, where it is, and that it’s being used properly is essential for effective asset tracking. Therefore, you should use a fixed asset tracking solution.

 

using fixed asset tagging

 

What Is Fixed Asset Tracking?

Fixed asset tracking is a system in which you log, monitor, and track your fixed assets. Your fixed assets can be anything in your business that isn’t sold for revenue, and therefore contributes to your revenue indirectly.

So, your IT assets, such as laptops, phones, and ipads will be fixed assets, as well as furniture and other business-critical items.

Knowing the status of all of your assets is essential. In the past, this will have been done with the use of a spreadsheet. Spreadsheets aren’t robust enough to give you all of the data and information you require. They’re also unwieldy to update and become out of date every time an asset changes status.

Therefore, you’ll need a robust fixed asset tracking solution to get all of the information and data you need in one place, ready for tracking.

 

Fixed Asset Tagging, and Other Procedures

Fixed asset tagging helps create instant accountability and transparency when it comes to your asset tracking procedures. You’ll be able to use QR code asset tags, for example. As these are unique, you’ll be able to link them to unique asset profiles for faster and more effective tracking.

The way fixed asset tagging works is by linking unique, digital profiles on your fixed asset tracking system with their physical counterparts. Therefore, if an asset has an issue and requires maintenance, all it takes is the scan of the fixed asset tag before you’ll be able to log this maintenance.

Tagging and Tracking with QR Code Asset Tags

Fixed asset tagging also assists you with location tracking procedures. As every scan of an asset’s tag updates the asset’s last seen location, you’ll be able to build an audit trail and asset history surrounding each of your fixed assets.

The Best Fixed Asset Tracking Solutions

The best fixed asset tracking solutions are highly customisable, meaning you’ll be able to tailor your data to your operations. So, if you frequently have assets that are getting checked out to individuals or external stakeholders, you’ll be able to log this change within your asset tracking software.

If you’re logging and monitoring asset maintenance, you’ll be able to use your fixed asset tracking solution to do this, too. Overall, this allows you to make decisions on which assets are no longer economical.

Therefore, you should use a fixed asset tracking solution for the customizability over your existing procedures. These solutions make your work faster, easier, and much more transparent as you’ll be able to see how all of your fixed assets are behaving.

To find out more about how itemit’s fixed asset tracking solution can help you, you’ll be able to book a demo using the button below.

You can also fill in the form below to start a free trial, contact the team at team@itemit.com, or download the app to get started right away.

 

Why not check out these blogs?

The Benefits of GPS Asset Tracking

How To Use Asset Labels

What is the Best Asset Management Software?

Test Out Our Fixed Asset Tracking Solution

Start your free 14-day trial now

Instant access. No credit card details required.

or, download the itemit app to get started

The Benefits of GPS Asset Tracking

The Benefits of GPS Asset Tracking

GPS asset tracking will automate your asset tracking and revolutionise the way you manage your tools and equipment. GPS asset tracking allows you to lose fewer things and keep a clearer and better eye on things.

With GPS asset tracking, you’ll have the peace of mind that everything is where it should be. It’s extremely helpful for your operations, as you’ll be able to mitigate asset theft, a rampant issue in the construction industry, and audit your fixed asset register with ease.

 

What is Asset Tracking?

Asset tracking is the process of logging and managing your business-critical tools and equipment. It’s essential across industries, as all businesses have a set of assets which they use to make money.

So, knowing where your assets are, who is using them, and verifying that they’re working to the best of their abilities is crucial. Implementing asset tracking makes this process easy.

The way it works is by allowing you to create unique digital copies of your assets. These digital copies will have profiles, where you’ll be able to add essential information, such as expenses, warranty dates, and equipment checkout data.

Then, to speed up the retrieval of these asset profiles, you’ll use asset tags. These asset tags go on your physical assets, so that every time you scan an asset’s tag, you retrieve the digital profile, ready for editing and updating.

Tagging and Tracking with QR Code Asset Tags

Why GPS Asset Tracking?

GPS asset tracking is helpful when it comes to your higher-value assets. If there are assets that move frequently and are at risk of theft, you’ll be able to use GPS trackers to make sure your equipment is where it should be.

GPS asset tracking has many benefits. For example, you’ll be able to set up geofences in case your assets leave the locations they’re supposed to be in. This way, you’ll be notified should a theft occur and be able to retrieve the asset.

You’ll also be able to use it when your assets leave your site, whether a hospital, construction site or any number of other places. Conventional asset tracking allows you to update asset location when your assets are close to you. With GPS trackers, you’ll be able to see and verify when assets arrive at their destination, meaning you maintain control where you otherwise wouldn’t have any.

GPS Tracking Combined With Other Asset Tags

itemit is unique, as you’ll be able to customise your asset tracking operations. Therefore, you’ll be able to use QR code asset tags in tandem with GPS trackers, for example.

This way, you maintain the control QR code asset tracking gives you, while also maintaining control when your assets aren’t physically close to you.

The benefit of QR code and barcode tracking is that you can quickly retrieve asset profiles in the itemit app, too, meaning you still get this benefit, while also having automated location updates.

To find out more about how the itemit system, and GPS tracking, can help your business mitigate losses and improve accountability, you can book a demo with the itemit team using the button below.

You can also contact us at team@itemit.com or by calling 01223 421611. Why not start a free trial by filling in the form below or by downloading the app?

 

Or, you can check out these blogs:

How To Use Asset Labels

What is the Best Asset Management Software?

5 Reasons Fixed Asset Management Software Is Worth The Investment Today

Try Our Asset Tracking App Today

Start your free 14-day trial now

Instant access. No credit card details required.

or, download the itemit app to get started

How To Use Asset Labels

How To Use Asset Labels

Asset labels give you the ability to track, manage, and oversee your assets. With asset labels, you’ll be able to reduce the number of assets you lose, as well as create a tight asset history to track the movements of your assets.

If you’re beginning to implement asset tracking in your business, there are a few things to know about asset tags and labels. To get the best use out of them, you’ll need to know how they work and how you can link them with your operations.

 

What Is Asset Tracking?

Asset tracking is the discipline of logging, managing, and controlling your assets. You can use asset tracking in a variety of different ways, such as to track your IT assets, track your fixed assets, and track maintenance.

Asset tracking is incredibly helpful as you’ll be able to create unique digital profiles for your assets. Therefore, if an asset needs maintenance, you’ll be able to indicate specifically which asset requires attention.

Overall, asset tracking will save you time and money by showing you all the data you need to know about your assets. If you use an effective asset tracking system, too, you’ll be able to use an app which is integrated with a web portal, meaning every change you make on your phone is reflected on your laptops in real-time.

 

How Can I Use Asset Labels?

The way asset labels work is by linking your physical assets to their digital counterparts in your asset tracking system. So, every time you scan an asset’s label, its unique digital profile will open.

As well as this, the last seen location of the asset and the user who scanned it will update in the asset’s history. This creates an audit trail of asset locations, meaning you can verify what is and isn’t onsite.

After you scan an asset label, you’ll be able to edit and manage the data in your asset’s profile. Therefore, all you need to do to check equipment out, is open your asset tracking app, scan an asset’s tag with your smartphone and press “check out”.

Tagging and Tracking with QR Code Asset Tags

What Types of Asset Tags Can I Use?

The type of asset tag you’ll use will depend on your use-case. For example, if you’re tracking high-value assets, it may be best to opt for RFID asset tags, as you’ll be able to scan and audit from a distance and with greater ease.

There are a few types of asset tags, including QR code asset tag, barcode asset labels, and RFID asset tags. The different types of tag give you different types of functionality.

Barcodes and QR codes work in a similar way, as you’ll require a line-of-sight to scan them. What this means is that you’ll need to use your phone’s camera to pick up the tag.

RFID tags require third party readers. You’ll be able to fully automate your asset tracking with fixed RFID functionality, or create more ease of use with standard RFID asset tracking.

You can also customise your tags. So, if you have assets that go through a lot of wear and tear, you’ll be able to purchase metal QR code asset tags, for example.

To find out more about our asset labels, you’ll be able to contact the team at team@itemit.com. If you’re interested in our asset tracking system, you’ll be able to book a demo using the button, or fill in the form below to start your 14-day free trial.

Use Your Own Asset Labels!

Start your free 14-day trial now

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or, download the itemit app to get started

What is the Best Asset Management Software?

What is the Best Asset Management Software?

Asset management software can help you get the best out of your assets. If you find yourself losing assets, losing track of your finances, or spending too much time on operations, asset management software will help you regain control.

With asset management software, you’ll be able to:

  • View asset information
  • Track last seen locations
  • Export customisable and streamlined reports
  • Check equipment in and out
  • Report issues and manage maintenance

 

What is Asset Tracking?

Asset tracking is the discipline of logging and adding information to your business-critical assets. There are many types of asset tracking, including fixed asset tracking, IT asset management, and equipment tracking.

These types overlap when it comes to the implementation and use of asset tracking systems and practises. For example, your IT assets will likely also be fixed assets. You’ll be able to track similar crucial data, such as maintenance information, but you’ll also be able to hone in on asset-specific data, such as financial records.

The best asset tracking software will allow you to create your IT asset register and your fixed asset register simultaneously, therefore. Then, you’ll be able to use asset management practices to keep on top of things.

The way it works is by creating a list of unique, digital asset profiles. Then, you’ll be able to link these digital profiles to your physical assets using asset tags.

Tagging and Tracking with QR Code Asset Tags

What Can The Best Asset Management Software Do?

The best asset management software will give you a suite of features. These features will allow you to control your assets better and view more information related to them.

Asset management software with the best features will allow you to track your assets in multiple different ways, and satisfy a wide array of your business’ needs.

So, the best asset management software will allow you to use it as equipment checkout software, as well as construction equipment maintenance software, as well as asset tracking software, and IT asset management software, all simultaneously.

 

using a computer asset management system

 

Overall, as the information you add is customisable, you’re in control of what you show and what you see. So, if you want to track depreciation, you’ll be able to add the relevant information. If you want to see who is in charge of which assets, you’ll be able to assign them to your colleagues.

 

How Does Asset Management Help?

Asset management saves you time and money. As every scan of an asset’s tag opens the asset profile, ready for editing, you don’t need to sift through multiple tabs and pages to find the relevant data

The increase of accountability and transparency also means you lose fewer assets, and that you’re able to see which assets are accounted for at a glance.

With itemit, you’ll be able to mix and match the ways you track your assets, too. GPS asset tracking, fixed RFID asset management, and traditional QR code tracking are all available to you, in-tandem, to automate your operations.

To find out more about how itemit can save you time and money, you can book a demo using the button below.

You can also contact the team at team@itemit.com or over the phone on 01223 421611. Why not fill in the form below to start your 14-day free trial?

 

Or, you can check out these blogs:

5 Reasons Fixed Asset Management Software Is Worth The Investment Today

Using itemit’s Depreciation Features

Why Do Assets Need To Be Unique?

Sign Up To Our Asset Management Software Today!

Start your free 14-day trial now

Instant access. No credit card details required.

or, download the itemit app to get started

5 Reasons Fixed Asset Management Software Is Worth The Investment Today

5 Reasons Fixed Asset Management Software Is Worth The Investment Today

Okay, so we get it, finding a better way to manage your fixed assets may not be the most exciting thing you have on your to-do list. BUT, fixed asset management software is often a very quick-win that will make you kick yourself you’ve put it off for so long.

If you’re new to this whole fixed asset register thing then let’s make sure we’ve covered the basics first. What are fixed assets? 

There are so many ways your team will benefit once you introduce the best fixed asset tracking software, but here we’ll cover off 5 of the top reasons that prove fixed asset management software is well worth your investment today.

1. Your ROI is less than one year

When it comes to your return on investment, few opportunities will give you a faster return than taking back control of your fixed assets with a modern-day asset management solution.

save time with inventory check in check out software

Consider the amount of time you and your colleagues spend trying to hunt down the equipment you need. Now, multiply that by the hourly rate each of your team costs the business. And, we’re not done there… Next, add to that the amount of money you spend buying new assets because you can’t find the ones you’ve purchased previously. Still with me?

Phew. Now, it’s very obvious that your ROI will be less than a year, with fixed asset management software pricing starting at less than £1000 per year. 

 

2. You’ll regain control of your assets instantly

We’re all impatient and seemingly getting more impatient by the day. Luckily for you, if you set up your fixed asset inventory software today, you’ll instantly begin to take back control of your fixed assets and equipment. 

The best fixed asset management software gives you a free trial that you can begin today. That means an immediate look into how much better your life is going to be. What’s more, is that you can add fixed assets to the system and invite your colleagues to join your account so you can revolutionise your fixed asset management in just a few quick clicks. 

 

3. You’ll be able to give your boss the answers they need 

We’ve all been there, your boss has an important meeting, and they need to report on the whereabouts and condition of the business’ fixed assets. Your boss is a busy person, and so they’ve only given you about 20 minutes notice. Don’t sweat it, with your snazzy new fixed asset management software you can pull off customisable reports that will show you: 

  • how many fixed assets the business has
  • what the current value of your fixed asset list is
  • what condition your assets and equipment are in
  • the replacement value for the fixed assets that are in poor condition
  • where your plant, machinery and equipment is
  • when equipment maintenance and inspections are due 

 

4. You’ll save significant amounts of money in month 1 

How many assets did you lose last month? No idea? 1? 12? If your business loses one asset a month, with an average value of £500, in a year that equates to £6,000 worth of lost assets. Not only do you need to replace these assets, but from an environmental perspective, it’s an entirely unnecessary and damaging waste of resource.

If we’re really honest with ourselves, the number of assets your team loses or misplaces each month is nowhere close to 1. We’re probably talking about somewhere between 5 and 10. Not all will be lost forever; some will rock up months later with no explanation as to where they’ve been all this time. Nonetheless, even at five assets a month, you’re experiencing a loss of £30,000 each year in lost and misplaced assets. 

 

5. You’ll have more time to focus on the things you really enjoy  

If you’re still wondering how else you can justify fixed asset investment, first of all, re-read the above and let those points sink in properly. Then, remind yourself of the purpose of fixed assets and why fixed asset register software is critical for a happy life.

We all wish we could spend less of our time on operational, administrative burdens. Thanks to the rise in cloud based fixed asset management software, we can now do precisely that. Welcome to a world where you can:  

  • see fixed asset whereabouts in real-time
  • use the mobile app on-the-go to scan and interact with assets and equipment
  • update your fixed asset register software from anywhere
  • share the burden of tracking fixed assets with your colleagues
  • pull off customisable reports based on live data 
  • and get back to the things you enjoy doing 

 

Fixed asset tagging – An added bonus 

So, now we know the importance of having fixed asset register software that is easy to update and manage, we must not forget the second critical element of managing our fixed assets effectively – a fixed asset tagging process.

If tagging fixed assets is a new concept to you, then do check out our complete guide to fixed asset tagging

When we say fixed asset tagging, what we’re referring to is a process of attaching physical tags to assets so that they are instantly identifiable. These can come in several forms depending on the type of assets or equipment you’re tracking and what environments those assets are exposed to.

With fixed asset tags, you can:

  • scan a tag to retrieve further information about that asset
  • enter information about that asset immediately, simply by scanning the fixed asset tag
  • associate the physical asset to the digital record of information for that asset
  • make it super easy for your team to interact with assets and report any faults or issues they come across
  • track the location of your assets

Whether you’re new to fixed asset management software or you’re just looking for a modern-day solution that takes advantages of the latest technologies to make life easier, check out the itemit fixed asset register software here.

Still looking for more information? Read the below.

Choosing the right fixed asset register software for your small business

How to rollout fixed asset management software in your business

What Information Should I Add to my Fixed Asset Register?

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