In this article, we have tried to provide you with a clear picture of asset tracking software.
What is asset tracking software?
As the name suggests, Asset Tracking Software enables you to systematically track and manage all of your organization’s physical assets across the workplace and beyond. With the help of asset tracking software, your organization can effortlessly collect & store data relevant to the asset database.
It thus allows businesses & organizations to gain better visibility of the existing assets and ensures complete control over operational workflows, remote asset management, inventory management, stock control, condition monitoring, maintenance scheduling, analytics, and more.
Where can I get free asset tracking software?
Most of the time, investing in asset tracking software demands a lot of money. But with FieldEz’s simple asset tracking software, everything is different and better!
FieldEz provides you with the best asset tracking software for free. Before making the final commitment to our software, we will provide you with an asset tracking software free trial and demo. Not only that, you can choose from a wide variety of affordable subscription plans for our asset tracking software. FieldEz is here to provide you with the best asset tracking software, which is cost-efficient and compatible with your business requirements.
About FieldEz’s asset tracking software
FieldEz’s cloud-based, mobile-friendly, comprehensive asset tracking software offers your organization affordable, time-efficient, and end-to-end asset management & tracking support. Based on innovation, our simple asset tracking software is easy to integrate & use and delivers a more functional approach towards automated asset tracking, management, and reporting.
Benefits of asset tracking software
A mobile asset management software like that of FieldEz is exceptionally effective in enhancing the overall efficiency & accuracy of your organization’s asset management & tracking efforts. Equipped with innovative and functional tools & features, even simple asset management tools can deliver a lot of benefits to organizations of different shapes & sizes.
- Comprehensive & accurate asset register
With asset tracking software, you no longer need to access asset data across various computers and spreadsheets across the workplace. Instead of storing asset data in different places, you can store them in a single, comprehensive cloud space. This will enable you to access data from any computer or spreadsheet and keep all of your organization’s asset data well organized.
Having a centralized asset data register means that managers & employees can easily access relevant data through mobile applications and cloud-based tools. This streamlines the entire asset tracking process and improves asset management efficiency.
- On-demand assessment of critical asset data
Keeping all of your organization’s asset data in a single place will allow teams to access data anytime they want, allowing them to view & analyze critical historical data relevant to your organization’s assets at any given point in time.
- Minimize misplaced, stolen, or lost assets
N asset tracking software provides an accurate overview of each & every physical asset under the organization. As a result, it enables the teams to keep track of the assets’ locations, thus minimizing the number of misplaced, stolen, or lost assets. Additionally, well-equipped best asset tracking software significantly reduces extra expenses incurred due to lost asset replacements.
It also saves the workforce & a considerable amount of time as it is capable of determining & accurately tracking the geographical locations of assets beyond the immediate workplace.
- Easy replacement of error-prone spreadsheets
Tracking an organization’s physical assets, although easy & accessible, is not effective anymore as the business grows. Further, spreadsheets are prone to human errors, take up considerable employee time, are difficult to share across platforms and devices, and lack innovative features. However, asset tracking software provides the perfect alternative to spreadsheets. It is not only more organized and streamlined but is also scalable and grows with the business requirements. Cloud-based & easy to automate, asset tracking softwares thus can benefit your organization by replacing inefficient spreadsheets.
Features of asset tracking system
With an easy-to-integrate cloud-based solution, you don’t have to look for physical software updates continuously. Being cloud-based, our simple asset tracking software grows alongside your business and frees your organization from the headaches of upgrades, maintenance, and overhead IT costs.
Choosing a cloud-based solution instead of an on-premise solution means that your teams can access important asset data anytime, from anywhere. We provide mobile accessibility with our mobile application integration, enabling remote access to your field teams and empowering them to take better actions with real-time data, locations, and reports.
With the help of our asset tracking software, you can effortlessly check the entire movements & update the history of any specific asset, including total expenses, maintenance requirements, schedules, and more.
Access customized & detailed reports regarding your organization’s assets & gain information on their status, check-out times, maintenance, and more.
With our asset tagging feature, opt for a tagging technology that suits your business operations perfectly. Depending on your organization’s operational requirements and size, you can choose various asset tagging tools, including RFID, Bluetooth, NFC, or Barcode.
- End-to-end check-in & check-out visibility
By leveraging your asset tracking software, you can watch the entire lifecycle of your organization’s assets, from the beginning to the end, and even including all the people in contact with the process. You can thus record interactions of individual assets and gain comprehensive check-in & check-out reports.
- Automated inventory management
Our asset tracking software enables you to automate your organization’s end-to-end asset tracking process. You can efficiently automate inventory management & stock control and streamline the asset management functions with the help of custom triggers, alerts, and notifications.
Alongside asset tracking & management, our software allows your teams to schedule maintenance routines as well. You can monitor your organization’s assets based on the detailed reports, asset tags, maintenance history, and more and design a maintenance program depending on the specific needs of the individual assets.
Why is asset tagging important?
Asset tagging is the core of asset tracking. You attach identification tags to different assets through asset tagging, enabling them to be tracked across the workplace and beyond. Since asset tagging is the foundation of the entire asset tracking process, choosing an asset tracking software with optimum asset tagging capability is essential.
Asset tags use unique codes & numbers to identify & track individual equipment throughout supply chains and field sites. To match the organization’s operational requirements, asset tags come in various types, ensuring different use cases and excellent usability across other industries.
Asset tags have the following benefits for an organization:
- Simplifies tracking of high-value assets across regions
- Enhances operational efficiency and reduces manual errors by replacing manual data entry
- Ensures faster collection of real-time data & geographical local
- Minimizes costs related to loss, replacement, and theft of assets
Types of asset tagging options
There are different types of asset tags that your organization can consider using depending on their requirements. The different types of asset tags include:
Using barcode asset tracking software is an affordable asset tagging solution perfect for businesses with many physical assets. The best thing about barcode asset tracking software is that it can be attached to all types of assets, and since it is a scan-and-read system, it does not require any special training for employees. As a result, barcode asset tracking software is a highly user-friendly, cost-effective solution popular across small businesses.
RFID tags are present in RFID asset tracking software and let the team access the location & status of the asset through the radio signal of an RFID reader. RFID asset tracking software comes with larger storage capacities but is more expensive than the barcode asset tracking software. However, RFID asset tracking software provides greater accuracy to assess real-time reports of the assets and can collect detailed data from more than one tag at the same time.
Using QR code asset tracking tools is similar to the barcode asset tracking software but can store large amounts of data. It is also inexpensive and enables the accessible collection of asset data through mobile devices. QR code asset tags thus do not only ensure easy-to-use asset management & tracking but also streamline the end-to-end process efficiently.
Asset tracking software with GPS asset tag capabilities is another effective option to build a real-time location system (RTLS). It can be highly beneficial for organizations that have a lot of moving assets of high value.
Who can use asset tracking software?
Whether you are a startup or small size business, or a large corporation, or any other organization, asset tracking software can prove extremely helpful for you. AT FieldEz, we ensure that our open source asset tracking software delivers your organization with tailored features & tools suitable for your organization’s requirements and end goals. FieldEz’s open-source asset tracking software can be used by :
- Hospitals and healthcare facilities
Asset tracking software is critical to track & manage the movement of essential & high-value medical equipment. Hence, their use cases can be maximized across hospitals & other healthcare facilities. These medical facilities can handle a wide range of medical assets by leveraging free asset tracking software, like critical machinery, medication, medical waste, computers, PPE, and patient documents. It streamlines the entire asset tracking & management process from the beginning to the end. It ensures faster deliveries, reducing a significant amount of time spent regularly on patient wait-time, replacing lost equipment, and more. It also prevents unnecessary spending on equipment recovery & replacement instead of concentrating financial resources on medical operations.
- Schools and educational facilities
Educational facilities and schools face many budget restrictions regarding the acquisition, tracking, and management of assets. On the other hand, effective utilization of these limited financial resources is critical to ensuring an efficient & interactive education system. With FieldEz’s open-source asset tracking software, cost management and management of assets become way more manageable and more effective for schools & educational institutions.
Ensuring compliance and maintaining essential IT assets are some of the most challenging issues faced by the IT sector. These affect the overall operational effectiveness of the IT departments and pave the way for unplanned costs & excessive human resources. Using IT asset tracking software can considerably help the IT departments to overcome these challenges. First & foremost, implementing an IT asset tracking software will ensure better & more streamlined lifecycle management of individual assets. This, in turn, will enable the teams to predetermine the maintenance necessities of each piece of equipment and allow them to replace & update the necessary components in time. Thus, using an IT asset tracking software will provide a more time-efficient & and effective solution, preventing human errors as much as possible through automation and reducing overhead costs.
From brick and mortar stores to e-commerce sites, all types of retailers require complete visibility of their assets at all times. By incorporating FieldEz’s open-source asset tracking software in their system, the retailers will be able to gain access to their location & status of assets anytime and from anywhere. Checking individual assets and accessing detailed real-time reports through mobile applications integrated with open source asset tracking software will provide them adequate transparency through their asset life cycle and enable them to minimize additional expenses, amn power, and manual errors. When their asset tracking & management are up-to-date, retailers can focus on delivering a better customer experience.