Here at itemit, we know the importance of fixed asset management. Fixed assets may not be taken from place to place, but it’s still vital that they are tracked. 

Thanks to the way that our asset management software works, fixed asset management can be very simple.

A fixed asset is something that is likely to be used many times. Office equipment and machinery, for example, are known as fixed assets. Buildings and vehicles are also known as fixed assets. All fixed assets tend to be very valuable to a business. Therefore, being able to monitor and track such assets can be invaluable.

Managing your business’s assets can be very simple. There is a multitude of ways for each asset to be located and monitored, such as monitoring each asset’s:

Understanding where each asset is can be vital. Users of itemit’s fixed asset management software can locate the assets with ease. It is possible to pinpoint the asset’s last-known location so that they can be retrieved, if necessary.

Knowing the price that an asset was at the time of purchase can be wholly useful. The information can help users to understand whether the fixed asset was reasonably priced. If more assets need to be purchased, the price can help users understand whether purchasing more is affordable. 

Knowing the date of purchase can help users if they have queries regarding the asset’s warranty and/or insurance. As many fixed assets are only under warranty for 1-2 years, for example, knowing the date of purchase can help. Users can understand whether it’s worth contacting the manufacturer about the warranty. Alternatively, users can make an insurance claim.

Adding the supplier information to itemit’s menu shows who the asset was purchased from. Having access to information such as this can help users to understand where they can go for future purchases.

Every asset be it fixed or otherwise will have an estimated current value. Knowing the value of an asset can help business owners to understand the business’s worth. In return, this information can be crucial when a loan is required. Alternatively, this information can be useful when understanding a business’s worth. Finally, the estimated current value of every asset can help business owners to determine whether the business is moving in the right direction.

Every single asset has a life expectancy. Knowing that an asset is likely to last 10 years, for example, can help business owners to understand when new assets need to be purchased. Adding the estimated life expectancy to itemit’s asset register ensures users can plan for future costs.

Having a maintenance schedule is vital. All fixed assets need to be maintained sufficiently and frequently. However, it’s likely that not all assets will be repaired when an issue arises. This is where itemits fixed asset management register can help. In addition to adding the maintenance schedule to the register, users can also highlight when an asset needs to be repaired. 

This feature alone can prove to be very useful. Users can notify the maintenance team when a repair is required. As a result, fixed assets can be repaired as and when it’s needed. Additionally, as assets are repaired more frequently the life expectancy can increase. As a result, costs can be lowered and the funds that would have been spent can be diverted elsewhere.

Another benefit of using itemit’s asset management software is that it’s possible to see who the current user is. If an employee is using a vehicle, users of the software can see who is using it. It’s also possible to see where the vehicle is at all times. 

When an employee uses an asset they can check the asset out. This is an option that itemit’s software provides. Users can state what asset they’re using and why. This feature can provide reassurance and an understanding that the right tasks are being carried out.

itemit’s fixed asset management can work hard for you. Our easy-to-use software can help you with all of your asset-related needs. Additionally, it can provide you with useful means to track every aspect of every asset. It’s no wonder, then, that more and more businesses and organisations around the globe are using itemit. 

To find out just how well our asset management software can work for you, contact our friendly, expert team today. You can reach our team at team@itemit.com. Alternatively, you may wish to opt for a 14-day free trial to find out what our fixed asset software can do for you and your business. Fill in the form below to get started. 

Instant access. No credit card details required.

or, download the itemit app to get started

In this guide:

1. Why You Should Use RFID to Track Healthcare Equipment
2. Discrete tags
3. Digitise the assets’ history
4. Easy auditing
5. Control costs
6. Protect against loss and theft
7. Itemit’s RFID Asset Tracking Solutions

The security of medical devices is paramount to a safe and reibale heathcare service.  It has to work across all facilities and locations in a hospital network—nationally or globally. And it must be easy to manage for all users, such as hospital staff, clinicians, patients and IT. RFID healthcare asset tracking is the answer.

RFID asset tracking is similar to using barcodes or QR codes to monitor the movement of assets but with RFID you can; unlock greater levels of automation, transparency, and control. RFID asset tracking enables you to audit, manage and track assets with minimal risks and enhanced operations. No matter the size or type of industry your business belongs to, the benefits of using RFID to track assets remain the same: reduce costs, increase asset visibility, and maximise workplace efficiency.

Discrete asset tags that stay out of plain sight and harm’s way can be critical for medical equipment that experiences high usage. One of the great advantages of RFID is not needing line of sight to the tag in order to detect it. This means that you can have a tag that remains hidden. At the same time, when performing a stock check of assets, the RFID reader is still able to detect the tag.

Not only are you able to track the whereabouts and value of assets with RFID tracking but you can also digitise the asset’s history. This can prove essential in a busy and fast-paced healthcare environment where assets have multiple and changing users. Users can add attachments to each asset’s digital profile where they are safely stored and preserved.

With RFID asset tracking you can quickly and easily retrieve a pdf report of your complete asset register whenever you need to. Create unique reports to assist with auditing your high value collections. The location of each asset can be recorded and updated simply by scanning the asset’s tag. This means you’ll have full visibility of where your assets are.

RFID tags embedded in garments and linen reduce manual handling, increasing the hygiene levels and improving infection control; provide accurate wash count records helping to predict the end-of-life date for each textile and thus to plan purchases carefully; offer visibility into inventories avoiding delays in day-to-day non-stop garment availability.

Tagging and tracking your high value assets helps to lower the risk of theft, loss and unauthorised usage. RFID tags create a greater theft deterrent, keeping your assets safe no matter where they are. And, thanks to asset profiles, any time an asset is scanned you can see who is responsible for it. The increased visibility and accountability and a greater peace of mind when your high value collections are on the move.

RFID-enabled user authentication and access control for healthcare offers you security, flexibility and convenience. Rely on future-proof healthcare asset tracking technology with powerful software and  hardware for an optimal healthcare access control solution. Use itemit’s award-winning fixed RFID asset tracking functionality for full, off-the-shelf automation. itemit is your one-stop shop for RFID readers, tags and software. Get everything you need to manage your readers, collect tag data and deliver timely information.

To find out more about itemit’s RFID asset tracking solutions and how they can help you, you can contact our 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

Here at itemit, we understand the importance of hardware asset management. Managing your assets can help to reduce costs, boost productivity, and help you to track all of your assets. Asset management can ultimately save your company both time and money. Additionally, this form of asset management can be applied to all types of hardware assets.

Hardware asset management is a way for businesses to have better accountability and transparency. With the ability to assign assets to specific users, this type of asset management can be easily integrated into the working day. In addition to this, asset management can also be used to track an asset’s life cycle.

Managing hardware assets can seem quite complicated. However, when assets are managed correctly, the process can seem distinctly easy. 

Some of the benefits associated with using itemit’s asset management software include:

Adding reminders allows for routine maintenance to become the norm. For example, it is possible to book PAT tests and schedule regular maintenance. This in itself can help assets to maintain a good state of repair at all times. As a result of this, hardware assets are much more likely to last longer. If this was not enough, when a business has assets that are correctly maintained, the cost of replacement assets is lowered.

Should an issue arise with a hardware asset, users of itemit’s software can report it. This can result in the asset being repaired quickly. Not only can this save costs, but it also means there may be more assets available at any one time. Assets that are no longer working as well as they should can be repaired. The number of assets that are out of action falls. team members can, therefore, complete their tasks more efficiently.

When a hardware asset is entered into itemit’s menus, financial information can also be added. Users can see information such as the asset’s:

• Purchase price
• Depreciation value
• Current value 
• Estimated resale value
• Warranty and insurance information 
• And much more

When it’s possible to quickly access all of the above information it makes understanding a business’s financial position easier. If this was not enough, users can also create customised reports detailing some or all of the above information. The reports can then be exported to the finance department or the relevant team. 

When a business has quick access to such information, it’s easier to see how well the business is performing. Users may also be able to see where improvements can be made. At a touch of a button, the much-needed information can be retrieved and shared. This is not something that many asset management tools can do.

itemit’s hardware asset management tool comes with a huge advantage. It allows users to accurately track each asset’s location. Users can quickly log into the system and see where the assets are at all times. 

As a result, assets can be retrieved easily. In addition to this, it’s possible to track assets as they move between locations. Management can ensure that assets are only ever sent to the correct locations. This means that every team member is more likely to have the tools they need. However, it also means that team members are much more likely to get their tasks completed. 

As you can see, it is possible to use itemit’s hardware asset management software to monitor all of your hardware assets. Businesses of all shapes and sizes can begin to monitor their assets in multiple ways. As a result, more tasks will be completed, costs can be cut, and businesses can become very organised.

Here at itemit, we know how important it is for you to track your hardware assets. Our software can make your working day a much easier and more effective one. Businesses everywhere have started to benefit from the features that our software provides. 

You too can make full use of hardware asset management. Talk to our friendly and knowledgeable team today. You can reach them at: team@itemit.com. Alternatively, you could sign up for a 14-day free trial to find out just how easy and effective it is to track your hardware assets. Fill in the form below to get started and begin to reap the rewards that come with managing your assets.

Instant access. No credit card details required.

or, download the itemit app to get started

In this guide:

1. Who Needs Asset Tracking?
2. The Uses of Asset Tracking Software
3. How to Save Time With Asset Tracking Software
4. Fast physical inventories
5. Ongoing asset management
6. Eliminate ghost assets
7. Exportable and customisable reports
8. itemit’s Asset Tracking Software

Busy professionals don’t have time to manually track their assets and nor do they need to. You no longer need to worry about locating where that much-needed piece of equipment is or digging out exactly when that critical software expires. Asset tracking software does the legwork for you.

Any organisation with fixed assets can benefit from asset tracking. Fixed assets are tangible assets purchased by an organisation as a long-term investment. Often they support the operations and are not intended for sale. An asset tracking system makes it easier to maintain up-to-date fixed assets records that are needed for calculating taxes and ensuring insurance coverage. 

No matter the size or nature of your business, asset tracking can benefit your business by providing you with the information you need to make smarter strategic decisions.

Asset tracking software is most commonly used to track the following assets:

• IT equipment (e.g., laptops, printers)
• Vehicles
• Medical equipment
• Maintenance supplies
• Educational materials
• Lighting
• Instruments

But everything a company owns can be tracked, from software to hardware, and even licences. Asset tracking software is not only used to track the whereabouts of physical assets but can also be used to log when updates, upgrades and repairs are due as well as when licences expire so you never risk running into asset downtime.

Busy professionals don’t have time to be labouring over endless spreadsheets or crunching numbers themselves. This is where asset tracking software can save you time, giving you back the headspace to consider the bigger picture. Here are the top ways asset tracking software can save you time…

Trying to track down that one piece of equipment you need is a long, dull and unnecessary process. Creating a baseline inventory of fixed assets is a daunting task for many organisations but it’s a task in the long run you’ll thank yourself for doing it. Maintaining an up-to-date inventory will ensure you can locate your assets when you need them, helping to speed up all downstream processes.

 Once you know how many assets you have, where they are located, and the condition they’re in, you’ll only need to periodically verify the accuracy of your records. The time freed from dull manual labour processes will give your and your team more opportunity to engage in more meaningful business activities.

Asset tracking software offers automated solutions that can greatly speed up mundane and repetitive tasks such as moves, adds, and changes to your inventory. Ditch the spreadsheets and opt for software that can track the life cycle of your assets and notify users when maintenance is due. As advanced as spreadsheets have become they are still largely a manual process, meaning they are highly error prone and not ideal for long-term data storage. They also don’t guard data integrity and offer little to no protection from data corruption. Less manual work means fewer errors, greater accuracy and speedier operations.

With an automated asset tracking system, you can track asset movements more quickly and efficiently than with manual methods. Since automated asset tracking requires so much less effort, you may also find that you’re gathering more intelligence about your assets to better decide how and when they should be used.  

A lot of time can be wasted by trying to locate ghost assets, that is assets that appear in your inventory but in reality do not exist either by being lost, missing or stolen. Incomplete and inaccurate fixed asset registers lead to ghost assets. To eliminate them it is essential that an asset register is maintained and updated. Of course, this is often easier said than done but asset tracking software alleviates the burden of manually updating your asset register. With cloud-based, online asset registers every time an asset is scanned its location is updated.

Does generating customisable and easily exportable reports at the click of a button sound like a good idea to you? Well, it’s possible with asset tracking software. Asset tracking software can alleviate some of the burden of cost management and ensure organisations are getting the most out of their current inventory. The reporting capabilities of asset tracking software put it leagues above cumbersome and time-consuming spreadsheets. Using asset tracking software, you can identify misuse of funds, make more informed decisions, and improve your financial forecasting. Plus, you’ll have the knowledge you need to make accurate tax calculations and be compliant with your insurance.

With itemit’s sophisticated asset tracking software all your asset tracking needs can be done within one, easy-to-access space. The simplicity of managing and storing your data from a single location leads to greater use and streamlined processes. By maintaining precise inventory counts in a central database, along with historical data, previous orders and other information you have every bit of data at your fingertips, enabling you to identify trends and make more accurate predictions to meet demands. Our asset tracking software solutions eliminate the cumbersome and unreliable manual methods, giving you back the time you need to invest in your business. 

To find out more about how itemit’s asset tracking software can help you track your assets, you’ll can contact the team at team@itemit.com. You can also fill in the form below to start your own 14-day free trial.

Instant access. No credit card details required.

or, download the itemit app to get started

Here at itemit, we know how to keep equipment tracking simple. We understand that you don’t need complicated apps to help you track your equipment. This is why our easy-to-use app is kept as simple as possible.

Thanks to the way that our app works, you too can make use of all that it has to offer. 

Below, you can find just some of the benefits that come with using our trusted and reliable tracking app.

You and your team can book equipment in advance at the touch of a button. Users don’t need to guess who has the equipment. Simply logging in to itemit’s menu will show you who has the equipment in question.

Should you need to use the equipment, you can book it right away, Other app users will see that you have put in a request for it. 

This feature alone can help to cut waiting times. It can also help to reduce the need to physically search for the much-needed equipment. Within moments, it’s possible to see where the equipment is and who has it.

Being able to report and manage issues via our equipment tracking app is a huge advantage. Should an issue arise with their equipment, users can scan the QR tag assigned to the asset and create a ticket detailing their concern.

Photographs can be uploaded via the app so that it’s possible to see what damage has been done to the equipment. This helps future users and those who wish to repair the equipment to see what has gone wrong. 

Issues that arise can also be managed via our app as the maintenance crew can see what issue has arisen. This allows the team to get ready to receive the equipment before they repair it. 

As equipment can be repaired as and when it needs it, equipment is likely to last longer. As a result, there are likely to be fewer issues. Additionally, fewer replacements will be required. This is simply because repairs can be carried out when they are required. 

 Equipment may no longer have to be set to one side to wait for its yearly maintenance. Rather, the issues can be uncovered and dealt with as needed.

One of the major features of itemit’s equipment tracking is that it allows for the creation of an asset register.

Businesses of all shapes and sizes can create an asset register that can include:

• Each asset’s name, make, model, and serial number
• Every piece of equipment’s warranty and insurance details
• The depreciation value and current estimated value of every asset
• The last-known location, maintenance record, and any other details associated with each piece of equipment

There are countless pieces of information that can be added to the asset register. As a result, businesses can see how many assets they have and the business’s worth. This can prove to be invaluable. All of the information that you need about your equipment can be at your fingertips.

Equipment tracking has never been easier thanks to itemit’s location software.

It is possible for users to see where every piece of equipment is at all times. In addition to this, users can see where the equipment has been. 

The ability to detect the location of every piece of equipment allows for better retrieval. Additionally, ghost assets can be a thing of the past.

Thanks to the way that itemit’s equipment tracking software works, users can gain access easily. Our trusted and easy-to-use app is ideal for those who are on the move. With the touch of a button, users can check their asset register.

However, it’s not only our app that helps to simplify equipment tracking. Our online portal also works effectively. Those who work at a computer can gain access via their desktop or laptop computer. Access is quick and easy. Users can access as much detail about their equipment as they can via the app.

As a result, it is possible to track your equipment all day, every day. If you want to keep things simple, all that you have to do is use our app.

There’s one app to rule them all. itemit’s equipment tracking app is here to make life much easier. Find out just how well the tracking app works for you by reaching out to our helpful team today. You can reach our team at team@itemit.com. 

Alternatively, you could start a 14 day free trial to automatically find out just how well our app works for you. Fill in the form below to get started.

Instant access. No credit card details required.

or, download the itemit app to get started