Using Fixed Asset Management Software To Track Your Assets

Fixed asset management software allows you to keep a better level of control, transparency, and accountability over your assets. With effective features, you’ll be able to track your fixed asset register.

As effective fixed asset tracking software allows you to track assets uniquely, you will be able to add specific, granular data against your assets. This speeds up insurance, financial, and maintenance operations, saving you time and money.

First of all, you’ll be able to use fixed asset tagging to keep a closer eye on your assets. Using fixed asset tags, you’ll be able to link unique assets to their corresponding unique profiles.

Then, to speed up asset discovery, all you need to do is scan the tag on an asset with your asset tracking app to view and edit its data. Every time you scan an asset’s tag, too, the last seen location and the user who scanned the tag also updates, giving you a clear audit trail.

When you’re using asset tags, you’ll also unlock a variety of other helpful features. For example, if a bulk of assets are moving from one location to another, you’ll be able to log the change quickly using Quick Add.

Then, if you wish to verify that all of your assets are in the location they should be, you’ll be able to use a handy asset audit feature to monitor this.

Your asset tracking app will come with a web portal, where you’ll be able to run, customise, and edit effective reports. Any change an asset goes through is automatically updated on these reports, too, giving you an automated and complete fixed asset register.

As well as this, you’ll be able to track asset lifecycles with a few more features. Firstly, you’ll be able to use maintenance features, such as reminders and issues management, to minimise asset downtime and view how assets are performing.

Then, you’ll be able to add purchase information and track the depreciation of your assets. These reports, too, will be customisable, allowing you to see the monthly depreciation of all your assets or the depreciation of just a few.

itemit allows you to track any assets. This means that you’ll be able to use the system for IT asset management in conjunction with fixed asset management.

Overall, this gives you the ability to mix and match your operations, whether you’re tracking construction assets, tools and equipment, theatre props, PPE, anything!

itemit’s system gives you the best view of your fixed asset register and updates it automatically through the cloud. This means that if you make any changes onsite, they are automatically updated in your fixed asset register for those that need to see the changes.

To find out more about how itemit’s fixed asset management 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 very own 14-day free trial.