Asset Tracking Systems Can Save You Both Time and Money

It may be hard to believe but an activity as basic as asset tracking can save you thousands of dollars each year. True, creating a program to monitor assets such as computers, chairs, desks, printers, and monitors may not sound like the most exciting activity in the world but it can pay big benefits.

Think for a minute about how much of your capital is tied up in assets. If you have been in business for some time then looking at it this way could be eye opening. Each year you've purchased little by little but in the long run it would cost you thousands to replace that equipment. Do you really know what you have, where it is, and how it is being used? Do you know which pieces of equipment are still under warranty or do you simply fix or replace things as they break down? If you have a good asset tracking program you'll be able to answer those questions quickly and easily. If you don't then you probably have no idea how many of your assets walk out the door each year or if you are paying to repair items that should be repaired for free.

Today's asset tracking systems are designed to be installed quickly and easily. They take advantage of technology such as bar code scanning which make installation and maintenance a snap. If you use Microsoft Windows you can find many economical and easy to use systems. Depending on how large your company is and how many assets you intend to catalog, your asset tracking system can pay for itself in no time at all.

In addition to helping you minimize theft and pilfering of your office assets, a good asset tracking system can help you prepare reports that you need for your management or the taxing authorities, help you avoid surprise capital expenditures, and make your job easier. Once you have your assets loaded into your asset tracking system it is a simple job to keep it up to date. Many companies find that an annual audit is sufficient while others prefer to monitor their database at more frequent intervals. Either way, bar code scanning can make the audit process relatively painless.

When it comes down to actually selecting an asset tracking software program there are a couple of things that you can look at in order to feel comfortable that you are making the right decision. First of all look at how long the developer has been in business. If, for example, a company is new to the market then you need to be aware that if they can't make a go of it you will be on your own. The other thing you can consider is whether or not they offer a guarantee. The best companies will stand behind their products. This means that they will allow you to trial the software before you buy. That's pretty much a risk free situation for you. The important thing is, you need to get up to speed when it comes to asset tracking. Otherwise there is a good chance that you are wasting valuable resourcesóboth time and money.

 

Articles in this series

Warehouse Management Systems

Modular Mobility for MYOB

Asset Tracking and Asset Management

Asset Management is Critical for Public Institutions
Asset Management Software Can Help You Prevent Waste
If You Don't Have An Asset Management Software System Then You are Spending Money You Don't Need To Spend
Asset Tracking Systems Can Save You Both Time and Money
Asset Tracking Can Help You Better Manage Your Business
Buying Asset Management Software Can Save You Thousands of Dollars
Asset Management Software Simply Makes Good Business Sense
Return to Sender - a QR Code Application

Time And Attendance

Time and Attendance Software Can Reduce Stress and Make Your Job Much Easier
An Up To Date Time and Attendance System Can Save You Considerable Money
Automated Time and Attendance Systems Can Save You Money and Improve Productivity

Barcode Scanners

Barcode Scanners Use Light To Make Life Easier
Barcode Scanners Touch Us Each And Every Day
Could You Get By Without Barcode Scanners?
Items Cross Paths With Barcode Scanners Every Step of the Way
Barcode Scanners Touch Us Each And Every Day
A Powerful and Important Barcode Scanner Uses Surprisingly Simple Technology
Barcode Scanners Deserve A Little More Appreciation
The Barcode Reader Is a Much Taken For Granted Technology
What Would Your Shopping Experience Be Like Without Barcode Readers?
Relatively Simple Technology Drives Barcode Scanners

Links

ASPluris Time and Attendance Asset Management and Asset Tracking RFolution! - RF made easy Rostermatic - Web-based rostering Denso Scanners Casio Mobile Business Solutions Intermec Objective Microsoft Small Business Specialist HP AllianceONE partner MYOB Developer

ASP Microcomputers
456 North Road
Ormond
Victoria, 3204
Australia
Ph: (03) 9578-7600
Fax: (03) 9578-7727
www.asp.com.au
solutions@asp.com.au

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