How To Select The Best Asset Tracking App

September 19, 2022

When your business is expanding quickly, you may find that you and your team are bogged down in repetitive, time-consuming fixed assets tracking and monitoring tasks using multiple spreadsheets or hard-copy registers. To ensure profitable growth, you need to abandon these error-prone, ineffective traditional methods and switch over to Asset Tracking Mobile App.

Continuously tracking thousands of physical assets across your company or multiple company locations manually exhausts your company resources in performing no-value-added administrative tasks. Furthermore, the inefficient and non-reliable process of fixed asset tracking can lead you to-

Difficulty in budgeting
Maintenance too much or too often
Higher frequency of asset issues
No visibility of assets
Poor compliance
Tax penalty

These are just a few of the possible results when an organization of any industry and size is not equipped with an Asset tracking Mobile App which allows a workforce to instantly access key asset data and perform related tasks from anywhere at any time.

Many enterprise mobility solutions with different features are available in the market, but not all solutions are built for the same. Although the right asset tracking app for your business should be customized to your needs, here are some key asset tracking app factors that can help you to shortlist and select the right tool:

7 Primary Parameters to check-in for choosing the best Mobile App For Asset Tracking

1. 1.Built-in camera barcode scanner

An indispensable feature of the Best Asset Tracking App is Barcode Scanning which is known for its very cost-effective, easy-to-use, and high accuracy capabilities. Data is stored on a unique barcode that is printed and attached to an asset. The mobile scanner can be used to scan an attached barcode that reveals important information like manufacturing date, asset owner, asset id, or purchase and warranty details. Look for a mobile app that offers barcode scanning functionality so you can easily track and scan fixed assets.

2. Cloud-enabled

A compatible Digital Fixed Asset Tracking App must be on the cloud. With the cloud-based mobile app, you don’t need a separate barcode scanner, or any additional software or hardware to use the app. You can access your asset data in real-time from anywhere by using your own mobile phone. Hence, it also eliminates the waiting time for going back to the office to access the information you need.

3. Integration Support

The Asset Tracking App you select will likely need to be integrated with your assets and any pre-existing solutions you might be using. Make sure to choose an Asset Tracking System with seamless integration support to your existing and future enterprise solutions and type of assets.

4. Customized Features

When you scan a list of Google results for the Fixed Asset Tracking App, you will find many enterprise mobile apps with diversified features. You need to ensure that your Asset Tracking Solution incorporates the right features or can customize the features to address your asset management requirements.

5. Flexibility and Scalability

Usually, a business growth, assets, and users grow simultaneously. Hence, the best Fixed Asset Tracking App should be scalable. You should be able to add users and assets to the app over the time at a reasonable price. With API access, you can access new data sources as your vendor and business partnership lists grow.

6. Access Control and Data Security

The Mobile Asset Tracking App you use for asset management must be secure. This also implies that it should feature role-based access restrictions that allow you to restrict access to specific users. Your asset records do not need to be accessible to everyone in your team. Enterprise Mobility Solution Provider-Eastern Software Systems offers Asset Tracking App with role-based activity. For instance, you may want some of your employees to view asset information only but not make changes.

7. Reporting Capabilities

One of the most beneficial aspects of the Inventory Tracking App or Physical Asset Tracking App is its powerful reporting features, from using pre-built standard reports to customized ones. An example of an asset tracking report may include information such as the location of assets, purchase price, vendor details, stock levels, maintenance information, etc. They can help you manage fixed assets, create a digital asset register, and conduct asset audits. The best Mobile App for Asset Tracking and Monitoring will allow you to create customized reports specific to your asset tracking requirements.

In addition, your asset tracking solution should also provide features like:

Notifications and reminders
GPS location to track asset history
Settings for setting up asset categories
Multiple user access to the central asset register

Enterprise Mobility Solution Provider-Eastern Software Systems

Selecting the right Asset Tracking and Monitoring App is a challenging task, but it is well worth your time. A best-in-class tool can not only improve productivity but also skyrocket growth.

If you’re looking to leverage exclusive Asset Tracking and Monitoring App, look no further. ESS’s solution can provide you with real-time visibility of all your assets from check-in to check-out.

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