How Cloud-Based Asset Tracking Saves You More Time And Money

Cloud-based asset tracking software saves you time and money by allowing you to share your asset management operations and speed them up.

Usually, the responsibilities related to asset tracking fall on a small number of people in a company, especially if a spreadsheet is in use. Cloud asset tracking fixes this, allowing for a more automated asset tracking experience.

Not only this but cloud-based asset tracking also:

• Saves you time
• Saves you money
• Helps you lose fewer assets
• Helps you track asset usage information
• Helps you track asset locations
• Speeds up maintenance
• Gives you a clear view of what you own

Cloud-based asset tracking is the use of an asset management system with cloud connectivity. What this means is that any updates, no matter where they are, update in real-time.

If you’re using a spreadsheet, you’ll know that the usual set of operations involve noting something down to change in your fixed asset register later on.

With cloud-based asset tracking, you’ll be able to use an app and web portal simultaneously. This means that any changes you make onsite while you have your assets in front of you are updates across the board for all relevant parties to see.

The benefit of this is clear, as the real-time nature of changes means that everyone stays in the loop. For example, if you’re checking out equipment, once it’s checked out this change will be instantly visible for all to see.

Being able to interact with, update, and log anything asset-related on the fly means that your data doesn’t become out of date, too.

Any issues can be logged with ease, and the moment they’re logged your maintenance team will receive a notification telling them which asset has an issue, what the issue is, and where the asset is.

This is also why it’s important to get a shareable, scalable asset management solution. If your asset tracking software can be shared between colleagues, it means that everyone can contribute to your asset tracking success.

Any changes an asset undergoes, any interaction with it, or any data that needs to be known can be logged quickly and by multiple parties, saving you a lot of time and a lot of money.

Asset tags contribute greatly to these automation benefits. You can automate your operations more and minimise the need for asset discovery on your systems as all you need to do is scan an asset’s tag to reach its unique profile.

Once you’re in an asset’s profile you will be able to add issues, check assets out, update information, and more! Every scan of an asset’s tag also updates the asset’s last seen location and logs the time of the scan and the user who scanned the asset.

All of these updates are automatically logged into a customisable and exportable fixed asset register, too, giving you everything you need for a successful set of asset tracking operations.

To find out more about how itemit’s cloud asset tracking system 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.

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