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Why Is Asset Tracking Software Essential For Your Business?

By Dr. Alex Wong
December 12, 2022 • 3 min read
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Why Is Asset Tracking Software Essential For Your Business?
Home 5 Software & Tools 5 Why Is Asset Tracking Software Essential For Your Business?
Here at itemit, we understand that asset tracking can be found at the very centre of business management. Irrespective of the size of a business, running it can come with its challenges. Those who manage a business need to be deeply involved in every aspect from marketing to decision making, invoicing, and more. 

The great news is that itemit’s asset tracking software can help to make the day-to-day running of any business easier. Thanks to the reliable and effective way that our software works, there’s a real potential for businesses to boost their profits while becoming more productive.

How Asset Tracking Software Can Help

Using the right asset tracking software can help your business to boom. It can do this by helping you to get the most out of every asset. With the use of RFID tags or QR codes, itemit can offer you a low cost solution to your asset tracking needs.
Business Asset Tracking

The Benefits of Using Asset Tracking Software

When our tracking software is used there’s a real potential for it to help businesses to become more profitable. This is not some wild statement, this is something that we have seen time and time again. 

Some of the benefits associated with using our tracking software include:

You can track the asset’s last-known location

When a QR code or RFID tag is attached to an asset it is possible to track it. As a result, users can see where the asset in question is and retrieve it, if necessary.

Ghost assets can be a thing of the past

A ghost asset is an asset that is still accounted for but is missing or broken. When a business has ghost assets they are hard to spot. As a result, it may be assumed that a business has more assets than it actually has. However, when itemit’s software is used, ghost assets can become a thing of the past. Lost or stolen assets can be retrieved and damaged assets can be repaired.

Maintenance schedules can be tracked

Keeping up with maintenance schedules is not always easy. However, itemit can help with this. As soon as every asset’s maintenance schedule has been entered into the system reminders can be created. The reminders will appear when it is time for an asset to undergo maintenance. As a result, assets are more likely to be in better condition. There are also likely to be more usable assets to hand.

Employees can work more efficiently

When there are more usable assets to hand and assets are located easily employees can work more efficiently. This allows the business in question an even better chance of boosting profits.

There will be a reduction in human error

From time to time all humans make errors. When entering data into a spreadsheet or making typos, errors can have a huge impact on a business. Here is where itemit’s asset tracking software can help. Thanks to the way that our software works, it will record information accurately and reliably every time.

Historical data can be created

Users may also be interested to know that it’s possible to create historical data. As soon as information is entered into itemit’s menu the creation of data begins. Users can see who has checked an asset in and out, where it was used, and if there were any issues. While this data may be very handy to have at the touch of a button, being able to export it can be very useful. This too can be done at the touch of a button. 

As you can see, there are quite a few benefits that come with using our tracking software. When you need to take back control of your assets you need the right software. You need software that lets you combine technologies for the greatest power. Here is where itemit can come in and help. Our software is reliable, easy to use, and allows you to have more control.

itemit’s Asset Tracking Software is Essential For Your Business

Thanks to the way that it works, itemit’s asset tracking software is essential for your business. If you want to give your business a chance to succeed itemit can help. There is a real opportunity for you to run your business more smoothly while also cutting costs. The above benefits and the additional benefits that can be found on our website can make a huge difference to the day-to-day running of any business anywhere. 

Contact us today if you would like to hear more about how our tracking software can help you. You can reach our friendly and knowledgeable team at team@itemit.com. Alternatively, you may wish to start a 14-day free trial to see just how well our software can work for you. Fill in the form below to get started.

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Dr. Alex Wong

Article by

Dr. Alex Wong

Dr. Alex Wong is the CEO & Co-Founder of RedBite Solutions, a spin-out from the University of Cambridge and creators of itemit.For more than 2 decades, Alex’s innovations have disrupted industries and reimagined traditional solutions, delivering breakthrough results.A pioneer of the RFID EPC Network and IoT, Alex has shaped modern tracking technologies. RedBite powers the world’s largest RFID deployment across 60+ countries and launched itemit, a leading barcode, QR code, GPS & RFID SaaS tracking platform. Dr. Wong holds a PhD in Engineering from Cambridge and remains an embedded researcher, leading EU & Innovate UK projects to bridge research with real-world applications.

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