Why Use Small Tool Tracking Software?

Published on August 17, 2021 • 3 min read

Small tool tracking software can help your business grow. All manner of industries need to use small tools, from the construction industry to healthcare. This is why it's essential to ensure that assets are tracked correctly.

When it comes to small tools, losing assets is a lot more likely, as are duplicate purchases. So, the main benefits you get from asset tracking software, including fewer lost assets and fewer duplicate purchases, are put under the microscope here and their importance is amplified.

Why Use Small Tool Tracking Software?

Small tool tracking software gives you the ability to log all of your small tools and equipment onto a single system. This instantly gives you an effective asset register and shows you what you own.

Knowing what you own is essential as, day-to-day it helps you:

1. lose fewer assets
2. account for what you own
3. purchase fewer duplicates
4. get more usage out of all your assets

And less generally it helps remove the change of ghost and zombie assets on your fixed asset register. An accurate fixed asset register is essential for tax and insurance purposes as inaccuracy can cause fines.

Should You Use RFID Asset Tracking?

Small tools are taggable with a few different types of auto-ID hardware. At a glance, RFID asset tracking looks viable and useful as it is the most powerful, but there are a few things you should know.

QR code asset tracking does work much in the same way as RFID asset tracking, just with a few key differences. For example, as you don't need a line of sight to scan your tags, RFID asset tracking does complement small tool tracking software as asset discovery is sped up.

For the same reason, bulk scanning actions are also improved with RFID as, with a handheld reader, it is a simple case of pulling your reader's trigger to scan multiple tags at once.

However, the price is more significant so it comes down to the potential ROI. If it costs more to implement RFID than losing many assets and the main savings are time savings (or QR code asset tags), then it might be worth opting for the slower, yet still proven and viable, option.

itemit's Asset Tracking Software

itemit's asset tracking software makes tracking small tools and equipment simple. The best thing about itemit is that you can mix and match tracking technologies, meaning you can start of with smaller, custom QR code asset tags and scale up to RFID asset tracking operations.

With itemit, bulk actions, including auditing and location tracking, are simple whether you're using RFID systems or just scanning barcodes or QR codes.

The system is built to create your accurate asset register automatically and with ease, all while you scan and track your assets. It's also built to be simple and shareable, meaning you and your colleagues can pick up the system and start scanning right away.

To find out more about itemit's asset tracking software, you can contact the team at team@itemit.com. You can also fill in the form below to start your 14-day free trial.