What Does Asset Register Software Do For Your Business?

What Does Asset Register Software Do For Your Business?

What Does Asset Register Software Do For Your Business?

Asset register software gives your business visibility over which assets you own, where they are and who is using them. This, in turn, gives you more capabilities in saving time and money.

In other words, as you have a clear log of what your business owns, you’re much less likely to purchase duplicate assets, lose assets, or lose asset accountability.

This, in turn, helps you when it’s time for audits and other operations that you need to perform, making your life easier overall.

create a fixed asset register


What Is A Fixed Asset Register?

A fixed asset register is a log of your business’s fixed assets and any relevant data attached to them. It’s therefore a log of all of your laptops, furniture, phones, and other permanent business fixtures.

The idea behind a fixed asset register is that it proves a record of your assets. Your business will have liquid assets and fixed assets. Therefore, a fixed asset register is part of the puzzle when it comes to a business’s core operations.

This is why depreciation, for example, is an essential operation. Not only does it show the total current cost of all of your assets, but it also displays which assets are due to be replaced and, therefore, what costs they will create.


How Does Asset Register Software Work?

Asset register software is different to a spreadsheet in that it allows you to populate asset profiles. This means that, instead of populating rows and columns and cells, you have a super easy-to-use interface built for customisation.

All of the data you add gets automatically added to your asset register, too. This means that any time you update an asset’s location, this is pulled into your asset register without any unwieldy changes or edits required.

Then, you can view, manage and export your asset register on a dedicated reports page. This is where you can fine-tune and view all of your data. So, if you need to pinpoint who has which assets, you can simply run a report on this.


How Do You Save Time And Money With Asset Tracking Software?

Asset tracking software improves existing, and critical, business operations. This means that you spend less time doing them but they also become watertight.

For example, if an existing process is fixed asset tracking and you’re using a spreadsheet, asset tracking software speeds this up, automates your fixed asset register and reduces the number of gaps.

This means that you spend less time using a spreadsheet, but you also spend less time making mistakes within said spreadsheet. These mistakes may have created ghost and zombie assets which can cause costs and fines, but now they don’t exist thanks to your software.

This is simply one example of where asset register software can save you time and money – imagine applying this across your business and using it for IT asset management, fixed asset management, and tools & equipment tracking!


itemit’s Asset Register Software

itemit’s asset register software is built with ease of use in mind, as well as accuracy. The combination of these two things gives you a higher view of your assets without sacrificing control or fluidity.

In other words, you can make bulk edits to your assets with ease, you can pull off reports in an instant, and you can contribute to asset tracking efforts at speed, all of which provide your business with a hefty return on investment.

itemit is used across the globe by many different industries tracking a crazy number of assets. This is because of itemit’s ease of use, customisability, and user-friendliness, as well as our great support team.

To find out more about how itemit can help your business, you can try the system out for yourself by filling in the form below. You can also contact our team at team@itemit.com with any questions.

Asset Register Software

Choose a better way to track your assets

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AssetTiger Alternative: Using itemit’s asset tracking software

AssetTiger Alternative: Using itemit’s asset tracking software

AssetTiger Alternative: Using itemit’s asset tracking software

If you’re looking for asset tracking software, you should consider using itemit. itemit gives you transparent benefits and stress-free subscription models.

Why use itemit as an AssetTiger alternative? You get more ease-of-use, transparency and, therefore, you can have a higher return on investment.

Asset Tracking Software What are the benefits?


The Benefits Of itemit’s Asset Tracking Software

itemit’s asset tracking software is built around customizability and ease of use. We’re experts in the field of asset tracking and, therefore, have accrued years of experience.

AssetTiger is a tag supplier, and itemit is an expert in asset tracking. This means that our system is fluid, easy to populate and simple to use.

For example, our user interface allows you to manage, track and add asset data with ease. It’s built as such and isn’t an unmanageable system built for extremely technical users, instead, itemit is built for everyone. 

You’re also not tied to asset tags in any way when you use itemit, but you can purchase them as and when you need and they improve itemit’s functionality, but you can be as flexible as possible with our subscription packages.


Switching Your Asset Tracking Service

We make the switch to itemit as easy as possible. Using our import service, we can take your data, match it up to all of itemit’s effective features, then import your data for you.

This makes your switch seamless and doesn’t mean all of your asset tracking efforts need to be restarted. Instead, you can continue accruing a higher return on investment using itemit.

You can also use existing asset tags and these can be imported. This means that none of your tagging efforts need to be duplicated, also. It really is as simple as cleaning and importing your data into itemit, ready to be used, scaled, added to and reported upon.


Scaling itemit’s Packages

itemit’s packages are then scalable and manageable. With the ability to use itemit offline, add unlimited users and manage user permissions, you can keep an eye on who is interacting with which assets.

itemit is built to give you easy user access and management, which means that you can set restrictions on what people can and can’t see.

Overall, this means that you can deploy itemit anywhere in your business and with any users. In other words, even if your users are in remote locations or underground, you can continue to scan and use asset tags!


Get Started Today!

itemit may be more expensive than AssetTiger annually, however, you get a larger return. As you can add more data, do more, have more flexibility and deploy itemit further, you get more usage no matter what industry you’re in.

Spreadsheets initially give you gaps in your accountability, transparency, and control over assets, so you need a system that prevents any of these risks and ultimately removes them.

itemit’s system is easy to deploy, easy to use, and easy to scale, which is why it’s used across the world in all types of industry. To find out more about how itemit can help you, you can fill in the form below to start your 14-day free trial. You can also contact the team at team@itemit.com.

AssetTiger Alternative

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 Should You Use Asset Tracking Software?

How Should You Use Asset Tracking Software?

How Should You Use Asset Tracking Software?

Asset tracking software gives you more control over your assets. With asset tracking software, you can log each of your tools onto an online system, then you can add data and information to these tools.

There are many different ways you can use asset tracking software in your business, and all of them will save you time and money. But, what are some of the ways you should leverage asset tracking software?

How Does Asset Tracking Software Work?


Location Tracking

First of all, asset tracking software gives you location tracking functionality. Location tracking is especially unwieldy when it comes to using a spreadsheet, as any time an asset moves it invalidates the data.

Therefore, you should use asset tracking software alongside asset tags to automate this. Asset tags aren’t essential with asset tracking software, but they do speed things along significantly.

This is as, every time you scan an asset’s tag with your smartphone, the asset’s last seen GPS location will update and the user who scanned the tag will be logged.

This creates an automated audit trail and also unlocks bulk functionality, such as the ability to bulk check out assets or bulk scan them into a new location.


Fixed Asset Management

Fixed asset management is possible with asset tracking software. This is as asset tracking software lets you log, track and manage any asset and isn’t confined to tools and equipment.

If your asset tracking software is using a dedicated app and web portal, this is much simpler as you can monitor backend changes using the web portal and bespoke reports.

The best asset tracking software has built-in fixed asset management capabilities, such as depreciation. Fixed asset management is another, helpful way to track and manage how your assets are behaving and how long you can use them for.


IT Asset Tracking

Similar to fixed asset management, you can also use asset tracking software for IT asset tracking. This means that you can log all of your and your colleagues’ IT assets onto the system.

Then, as asset tracking software is customisable and scalable, you can automate and log many bits of data. For example, you can add assignees against specific assets to create a log of who is responsible for what.

This is helpful as if one of your colleagues hands in their notice, all you need to do is run a report on which assets they’re responsible for to see which assets you need to retrieve.

Then, you can also implement fixed asset management, location tracking, and asset tracking capabilities with your IT asset management, giving you a fully transparent audit trail.


itemit’s Asset Tracking Software

itemit’s asset tracking software gives you all of this and more. itemit is designed to be customisable, easy-to-use and simple to set up. This means that you can start managing and tracking your assets from day one.

With itemit, fixed asset management is simplified as well as IT asset management, tools and equipment tracking and more. This makes your asset management operations viable no matter which industry you’re in.

itemit lets you mix and match tag functionality, too, letting you use QR codes, barcodes, RFID tags and GPS trackers. This gives you a higher level of control and accountability than other software.

To find out more about how itemit can help your business, you can fill in the form below to start your 14-day free trial. You can also contact us at team@itemit.com with any questions you might have. We look forward to speaking soon!

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

Different Uses For Equipment Checkout Software

Different Uses For Equipment Checkout Software

Different Uses For Equipment Checkout Software

Equipment checkout software gives you and your colleagues the ability to monitor your equipment, who has it, and how it’s behaving. This level of accountability and transparency, in turn, saves you money.

But what are the other uses for equipment checkout software?

Using an Asset Booking System


Asset Tracking Software

At its core, equipment checkout software is a type of asset tracking software. The core concept of asset tracking software is that you log and manage your assets and their data.

Therefore, you should be using an asset tracking software with booking and check in check out capabilities as this stretches out your return on investment, giving you even more benefits.

With asset tracking software, for example, you can use asset tags to speed up bookings and automate many location tracking operations. Simply attach a tag to an asset, scan it in, and use it.


Fixed Asset Management Software

If you’re using asset tracking and booking software, you can implement fixed asset management operations, too. This means that you can keep track of your assets’ costs and depreciation.

Fixed asset tracking is essential as it provides a record of what your business owns and all of the critical data against your assets. This can be who is responsible for which assets or where they are or any other relevant maintenance data.

Essentially, what fixed asset management does is show you what your business owns and all the relevant cost data. This means that the risk of asset loss is minimised, as is the risk of duplicate purchases.

In turn, especially when you couple this with check in check out software capabilities, this extends your assets’ lives, meaning you can use them for longer and get more return on investment for each and every asset.


Location Tracking Capabilities

Then, you can also use equipment checkout software in tandem with location-tracking capabilities. This furthers your return on investment as the audit trail lets you retrieve assets faster and minimise asset loss.

These location tracking capabilities are automated when using asset tags. This is as every time you or your colleagues scan an assets’ tag, the last seen location will update automatically using your phone’s GPS data.

This gives you a powerful audit trail showing you every interaction with your assets, where they are, who has been interacting with them and what actions were taken.

Overall, this robust audit trail helps you in many ways, especially when it comes to pinpointing any maintenance or other potential issues.


itemit’s Equipment Checkout Software

itemit’s equipment checkout software gives you the ability to monitor asset bookings, checkouts, ensure there aren’t any double bookings and monitor where your assets are at a given moment.

Therefore, when you couple this with powerful reporting features, robust audit trails, and flexible features, you get a clean and easy-to-use system that provides you with as much return on investment possible.

Overall, itemit’s asset tracking software is manageable, customisable, easy-to-use and gives you transparency over where your assets are, how they’re behaving, and who is using them.

To find out more about how itemit’s equipment checkout software can help 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.

Equipment Checkout 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

The Future Of Asset Tracking Systems

The Future Of Asset Tracking Systems

The Future Of Asset Tracking Systems

 Asset tracking systems automate your existing processes. They are innovations in the fixed asset management, tools and equipment & IT asset tracking spheres.

Asset tracking software is so helpful as it automates your existing operations. In other words, you need to track fixed assets and fixed asset management software does this for you.

The future of asset tracking systems is bright, with more automation, more intelligence, and more time and money saved.

The Future Of Asset Tracking Software


The History Of Asset Tracking

Asset tracking is a need that spans back in human history. As long as there has been business and as long as there have been assets, there has been a constant need to track and manage them.

For millennia, the formula didn’t change. There is much difference between a spreadsheet and a papyrus sheet listing out assets and data related to them.

Spreadsheets were the gold standard as you could log, edit and change asset data, but this created risks and gaps. Data would constantly be out of date and need constant updating.

Asset tracking software was created to add fluidity and manageability to these processes. Instead of a concept of cells and rows and columns, asset tracking software lets you edit assets within bespoke profiles.


More Automation

So, what is the future of asset management? First and foremost, it’s more automation. 

There are two main ways asset tracking systems give you an ROI. The first is cost-saving benefits and the second is time-saving benefits.

The future will see the leveraging of still emerging technologies, such as fixed RFID, to create a ubiquitous system that anyone can pick up and use without being priced out.

In turn, these systems will be seen in businesses the world over for their asset tracking and management.


Smarter, Intelligent Asset Management

The other benefit asset tracking systems give you are the cost-saving benefits. Therefore, the future of asset tracking will see smarter systems that find new ways to save you money.

With more accountability, control and transparency at more speed, asset tracking will develop into AI-based systems that can read where your assets are and who is using them.

Overall, this will mean your asset management is totally automatic, saving you as much time and money as possible and providing you with a large ROI.

Predictions such as asset loss, purchasing, and misplaced assets will allow you to mitigate risks and ghost and zombie assets will be a thing of the past.


itemit’s Asset Tracking System

itemit’s asset tracking system is a world-first, smart asset tracking system that lets you track, manage and edit any asset. With itemit, you can save the highest level of ROI possible.

itemit lets you mix-and-match tracking technologies, including GPS trackers, RFID tags, QR codes and barcodes. This gives you the most visibility possible over your assets’ movements.

Then, you can manage, view, edit and export reports of your asset data. All you need to do is sit back and watch the data get collected, then save money by having a robust fixed asset register.

To find out more about how itemit can help 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

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 Does A Fixed Asset Register Differ From Inventory?

How Does A Fixed Asset Register Differ From Inventory?

How Does A Fixed Asset Register Differ From Inventory?

When you’re looking to manage assets or inventory it’s important to know the differences. In short, your inventory is consumables and stock, where your assets are the things you physically use day to day.

As such, having a system for either helps you track and manage different things. An inventory management system will help you keep track of supply levels where a fixed asset register software will help you monitor asset locations and use.

Should You Use RFID or QR Codes?


Fixed Asset Register Software

Fixed asset register software allows you to log all of your assets into a digital system. What is a fixed asset? An asset that can’t be easily converted into cash.

So, your fixed assets are furniture, laptops, tools, equipment and other assets that are used in the day to day running of your business and not assets that you sell.

Why do you need to track fixed assets? When you track your fixed assets you can monitor how they depreciate and avoid common risks, such as asset loss, duplicate purchases or ghost and zombie assets on your asset register.

Having a fixed asset register allows you to customise reports on your asset data and export this, giving you everything you need to know about your assets.


Inventory Management Software

Inventory management software is a system whereby you can monitor your stock levels and consumables. Inventory is not a permanent fixture in your business like furniture or laptops are and so needs to be tracked differently.

When you’re tracking your inventory, there may be some overlap with what you track on a fixed asset register. For example, you’ll need to know the locations of your stock so that you can monitor a workflow.

However, with inventory management software you’ll be tracking numbers and trends more than specific asset data such as “twenty of this into that warehouse”.

In turn, this kind of tracking gives you more visibility over your business’ supply chain and helps you foresee and mitigate potential disruptions in service.


The Key Differences

The main difference, therefore, is the granularity of data. A fixed asset register lets you track asset data on an asset’s level. So, you’ll know the ownership details of that asset, where it is, and if it’s well maintained.

On the other hand, inventory management software lets you track a group of assets without that granularity. So, instead of seeing pinpoint asset data such as which of your assets is damaged, you’ll see where a group of your assets have come from, in bulk, with ease.

Traditionally, these two systems are kept separate as they do very very different things. Fixed asset tracking software would need to be scaled up significantly to show trends of thousands upon thousands of assets when the fact of the matter is that this granularity isn’t needed for inventory. Some functionality does still overlap between systems, however.


itemit’s Fixed Asset Management Software

itemit’s fixed asset management software lets you monitor, track and manage your fixed assets. With itemit, you get more visibility over how your assets are behaving, who has them and where they are.

itemit does have inventory management features integrated into it, too, but the system is best used for asset management first with elements of inventory second.

The features in the system allow you to add, track and monitor any asset data. Then, you can export customised reports of this information.

To find out more about how itemit’s fixed asset register software can help your business, 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.

Fixed Asset Register 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

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