A construction tool tracking app allows you to monitor your business’ critical tools and equipment. With a helpful range of features, you’ll be able to mark assets that are available for use, track interactions with them, and view their location history.

Overall, what a construction tool tracking app gives you is more accountability, transparency, and control over your assets. This way, you’ll be able to save time and money on your existing operations, as well as lose fewer assets and get the most use possible out of your tools.

A construction tool tracking app allows you to log unique profiles of your assets. In other words, each of your spanners will have a unique profile that you’ll be able to add data to.

This data may include maintenance information and dates, who is responsible for the asset, and financial information related to the asset. Tools and equipment tracking is simple and effective this way, as you can have a granular view of your assets’ usage.

Then, you’ll be able to use asset tags to monitor the location of your assets. Every time you scan an asset’s tag, the asset’s profile will open, ready for you to start editing and adding information. When this happens, the asset’s last seen location and the user who scanned the asset will also update.

There are a couple of ways to use GPS asset tracking when you’re implementing construction equipment tracking. The first way is using the last seen location functionality via scanning asset tags. 

The last seen location pulls in your phone’s GPS data. This way, you’ll be able to see where the user who scanned the tag was when the tag was scanned and, therefore, where the interaction with the asset took place.

Then, you can also implement GPS tracking using GPS trackers. GPS trackers periodically update their location and interact with your construction tool tracking system this way.

Therefore, if you have a large site, or if assets frequently move sites, you’ll be able to tag them using GPS tags to monitor this. We’d recommend saving this for heavy tools and equipment tracking, as GPS trackers are generally quite large and robust.

itemit allows you to make edits onsite using an app, but also allows you to use an effective, streamlined, and customisable web portal to monitor asset data.

itemit’s web portal has a powerful reporting system where any data you’ve added to your assets can be pulled in, monitored, and filtered. If you’re also using our construction tool tracking app for fixed asset management, you’ll also be able to export pdf reports of your asset usage for your financial team or your insurance team.

itemit’s asset tracking software is highly scalable, meaning you’ll be able to share the system with multiple colleagues, but also use it for IT asset management, fixed asset registers, and tools and equipment tracking in tandem.

To find out more about how itemit’s asset tracking software can help your business, you’ll be able to contact us 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

Implementing asset tracking software in your business can feel like a huge task. There are a lot of things to take into account when you’re searching for an asset tracking system.

Once you’ve ironed out what you’re looking for, however, you’ll benefit from the tools and functionality that asset tracking systems can assist you with.

Instead of needing to change a spreadsheet manually, an asset tracking app allows you to log changes on an asset level while you have the asset in front of you. This gives you much more control and accountability over your assets instantly.

Therefore, when you use asset tracking software, you will:

• Lose fewer assets
• Save time on operations
• Save money on asset retrieval
• Maintain an accurate fixed asset register
• Improve your accountability over assets
• Automate your operations
• Improve maintenance operations
• Keep a clear view of who is responsible for what
• And more!

Asset tags unlock a lot of functionality. When you use asset tags, you’ll be able to take your asset tracking app’s capabilities further. Depending on which tags you’re using, you’ll be able to create different levels of automation over your asset list.

The way asset tags work is by linking unique assets to their digital profiles. In other words, if you’ve tagged an asset with a QR code, you will be able to find that asset in your asset tracking app simply by scanning the tag.

Barcode asset tags are most commonly used when it comes to tracking assets. This is as they’re easy to use, easy to implement, and effective.

A potential issue with barcode asset tags, however, is that they may not be unique. This is as a lot of barcodes contain pricing information. To ensure that you can retrieve unique asset profiles, the corresponding tags themselves must be unique too.

QR code asset tags work in much the same way as barcodes. Much like barcodes, too, you’ll be able to use custom QR codes. This means that if you’re tracking heavy tools and equipment, you’ll be able to use metal QR code asset tags to ensure that weathering doesn’t affect the tag’s readability.

Whenever you scan a QR code or barcode in your asset tracking app, the asset’s last seen location will be updated, as well as the user who scanned the tag and when they scanned it. This uses your phone’s GPS data and creates a neat audit trail. 

You can track interactions with your assets this way. For example, if you wish to report an issue on an asset, all you need to do is scan the asset’s tag to open its profile and press “report issue”. As you’ve scanned the tag, this interaction will be logged on the system, giving your maintenance team everything they need to know to fix the asset quickly.

RFID asset tracking unlocks more speed when it comes to maintaining your asset register. This is as RFID tags use radio frequencies to be detected, so they can be scanned from a distance.

The main difference between RFID tags and QR codes is that you’ll be able to scan QR codes using your phone’s camera, where RFID tags will require third-party hardware to be read. 

Therefore, if you need to audit a group of assets within a room, when you’re using a handheld RFID system, it’s a simple process of clicking “audit” and holding down the trigger on your handheld RFID reader.

Separate from handheld RFID systems, you’ll also be able to implement fixed RFID asset tracking. Fixed RFID asset tracking automates your operations even further, and is well-suited to busy environments, such as with healthcare asset management.

Fixed RFID readers can pick up whenever an asset moves from one location to another, meaning that you can log any changes (such as one shelf to another) on your asset tracking software without the need for manual input.

The other edge that RFID tags have over QR codes and barcodes is that you can conceal RFID tags while keeping them readable. This means that you can use RFID tags for high-value collection tracking, as you can conceal RFID tags under a painting’s frame, for example, so as to not affect the value of the asset itself.

GPS trackers fill in any gaps when it comes to location tracking. When you use QR codes, barcodes, or RFID labels, you can only track an assets’ location whenever an interaction occurs. This would otherwise mean that if an asset leaves one of your sites, the risk of losing accountability or visibility over it would increase exponentially.

GPS asset tracking fixes this as you’re able to attach GPS trackers to your assets for when they’d otherwise lose visibility. GPS trackers update periodically and tell your asset tracking software where your assets are. This is helpful in ensuring that deliveries go to the right place, but is also used across large distances on sites.

For example, if you’re tracking assets on an airfield, you’ll be able to use GPS trackers to see how your assets are moving without needing to manually interact with your tools or equipment.

The best software gives you the ability to use a cloud-based asset management system with an integrated app and web portal. This allows you to mix and match functionalities depending on if you’re onsite with assets, or if you’re running reports offsite.

You can also speed up your operations further by sharing your asset tracking software with your colleagues. Many departments within a company can use the same asset tracking software to achieve different things depending on their specific needs and responsibilities.

This way, your maintenance team can log issues and run maintenance on assets onsite and log it on your system while your administrators monitor this, and your finance team can run concurrent reports and complete fixed asset management operations on their end.

This is why a cloud-based system is highly effective as it allows you to change asset data onsite, with assets, at speed, but you’re also able to monitor and update this data remotely.

Features are of the utmost importance here, as these will be how you spread your asset management efforts across your business. If one person is able to use the system as equipment checkout software, while another can track issues and maintenance, such as PAT tests, while another can run reports on asset depreciation, then you’re able to get the best ROI possible.

At the core of your asset tracking software, there must be a way to add unique assets and add unique information and data, such as images, attachments, purchase prices, against them, but you also must be able to build on this by making use of a range of effective, time-saving, and helpful features.

So, which industries can asset management software help? The short answer is any business that doesn’t have an effective way of tracking assets can use software to speed things along. For example, immediately when you log your assets onto your system, you get a robust fixed asset register, which is instantly helpful in mitigating ghost and zombie assets for tax and insurance purposes.

However, asset tracking efforts can be split into two main subsections, tools and equipment tracking and IT asset management. These can overlap, such as with school asset management as both types of asset will need to be logged on a school asset register, but generally, businesses are looking for equipment management, IT asset management, or fixed asset tracking which is a combination of both.

One angle you may be looking from is tools and equipment tracking. This is helpful for construction equipment tracking or healthcare asset tracking, for example, as there are more pre-emptive and reactive maintenance needs than with IT asset management.

Therefore, you’ll be able to find an asset tracking software that allows you to log your tools and equipment and track specific maintenance, usage, and location data. 

When it comes to tracking tools, too, you may need to track rentals. This is why your asset tracking software should have effective bookings and check in check out system. 

Your assets may span a larger location than if you’re tracking IT assets, too, which is why effective location tracking is essential. This should also be put in place to mitigate theft on construction sites.

IT asset management may present different needs than when you’re tracking your tools and equipment. While still applicable in the context of construction sites, IT asset management software capabilities are more required in offices, in councils, and, potentially, when it comes to charity asset tracking.

IT asset management is especially prevalent now as around 46.6% of the UK workforce started working from home in 2020. This is why it’s essential to have effective features which show who is responsible for your assets.

Asset tracking software allows you to track IT assets better and monitor them wherever you are in the world, allowing for an effective way to maintain your accountability over assets when it would otherwise be lost by shifts to and from a workplace.

These two efforts are then combined into fixed asset tracking. Your fixed assets are permanent fixtures in your asset register that aren’t sold as stock. This can be anything from your laptops to your furniture to your tools and equipment.

All companies across all industries, including theatres tracking assets, restoration companies, schools, and charities, must track their fixed assets.

Without an up to date fixed asset register, there is a risk that tax breaks aren’t achieved or are inaccurate, as well as a risk that your accounts are incorrect, as fixed assets count as business expenses.

Therefore, when you’re choosing an asset tracking software, one that will have the capabilities to track fixed assets and, as an extension, tools, equipment, and IT assets is a must.

Having an effective reporting system will allow you to keep these efforts separate, or combine them depending on what you’re reporting on. Therefore, you need a system that allows you to filter by any field on an asset level, meaning you can export fixed asset registers, IT asset registers, and equipment asset registers quickly and separately.

The final step is knowing the best way to set up your asset tracking software. There are a few ways of going about doing this, depending on your preference or working arrangements.

Firstly, though, you should go for an asset tracking software that allows you to commence a 14-day free trial. This way you will be able to field test your software against your specific use case at no cost, ensuring your software will work for you.

When you’ve decided, the next steps will be to consider how to add your assets. If you have an existing asset register, such as one on a spreadsheet, this will be importable onto your system. If not, a cloning or templating system will speed up asset creation if you have many similar assets.

One way of setting up your asset tracking software is by auditing assets by creating them in your system while you’re tagging them. This way, you’ll have the asset in front of you when you log it onto your system and will even be able to take a photo of it. Then, you can tag the asset.

Once an asset has been logged and tagged, you can start to add any information to it, such as which location it’s supposed to be in, who is responsible for the asset, or when maintenance is due on it.

At the end of this process, you’ll be able to run a report to ensure that all of your assets are tagged and seen. After this, your asset tracking operations will start to take care of themselves! 

To find out more about how you can use itemit’s asset tracking software, you’ll be able to contact us at team@itemit.com. You can book a demo here to see the system in full swing, and you can also start your very own 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

In this guide:

1. What Is Asset Tracking Software?
2. How Does This Save Your Business Time And Money?
3. itemit’s Asset Tracking System

In this guide:

1. What Is Asset Tracking Software?
2. How Does This Save Your Business Time And Money?
3. itemit’s Asset Tracking System

Asset tracking software is an excellent addition to your business. Currently, you may be tracking your assets using a spreadsheet. You’ll already know that this takes time and a lot of manual work, but you may not know that you can almost totally minimise this using asset tracking software.

With asset tracking software capabilities, you’ll be able to:

• Control your assets better
• Lose fewer assets
• Save money on retrieval costs
• Minimise asset downtime for maintenance
• Check your assets out with equipment booking functionality
• Keep an accurate fixed asset register
• Keep a clear view of what you own and who is responsible for what.

Asset tracking software is a system where you can log unique asset profiles and add data to them. In other words, if you have ten laptops, even if they’re the same make and model, these ten laptops are unique. You can log all of these into your asset management system and track them separately.

You can also speed up any editing processes with asset tags. Once you’ve tagged an asset, updating its information is a simple case of scanning the tag and using your asset tracking app’s features.

Every time you scan an asset’s tag, the last seen location and user who scanned the tag will also update, providing you with a clear view of who has been using which assets, when, where, and how they interacted with the assets themselves.

Asset management software removes an overbearing need to manually update everything and speeds this up. So, instead of needing to record changes onsite and later log them in a spreadsheet, you can make these changes while you’re with an asset.

As an example, when you’re using an asset tracking app, if you’re onsite and notice an asset has an issue, you simply need to scan the tag and press “report issue”. An email will then be sent to your account admins, indicating that an issue needs to be addressed.

Not only does speeding up operations save you time, but it also opens up the possibility of saving money. Firstly, you can fulfil more responsibilities, but you can also minimise asset downtime by monitoring and addressing maintenance needs sooner.

Then, having a robust fixed asset register also means that you lose fewer assets and have more visibility over what you own, what’s needed, and if there are any risks relating to your asset usage.

itemit’s asset tracking system comes with an app and a web portal. As everything is cloud-based, any time you update an asset’s information onsite, this change will be updated across the board for anyone that needs to see it.

You get a wide range of features and functionality with itemit, and it’s currently being used across the globe by companies in a number of industries, including charities, construction companies, theatres, and more!

To find out more about how itemit can save you 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

In this guide:

1. Tagging And Tracking Functionality
2. Asset Details, Finances, And Other Information
3. itemit’s Asset Management Software

In this guide:

1. Tagging And Tracking Functionality
2. Asset Details, Finances, And Other Information
3. itemit’s Asset Management Software

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