Asset tracking software can save an immense amount of time and reduce frustration in running a business. If you’re constantly finding yourself or your team wasting time looking for lost items or dealing with broken equipment, you should seriously consider asset tracking and management software.
Decrease the Cost of Maintenance
You can substantially reduce maintenance costs with proactive asset tracking. When you know when your last service on an asset was, you can pre-emptively schedule maintenance before any of your equipment breaks. Getting ahead of asset maintenance is important to improve uptime and reliability.
No More Asset Theft
Without proper asset tracking, it’s never definitely known who has an asset. This is how your company’s assets can walk off. But with asset tracking, you always know who has what assets and can easily identify where assets should be.
Accurate Information About Assets
Knowledge is power! And asset tracking gives you knowledge about all of your company’s assets. With real-time information about the assets your company owns, you can make more informed and better decisions about procurement and usage. Include commonly sought information about your assets like documentation, expiration dates, service dates, ownership and cost all at your fingertips.
Save Money
When you know what items your company has, you can make better purchasing decisions and reduce waste. When you have an accurate maintenance schedule, it reduces overhead and excess expenses, ensuring you use your assets to their fullest extend.
Increase Asset Utilization & Efficiency
Get the most out of your assets with accurate scheduling and reduced wait times. Asset tracking enables you to understand how your company uses assets and which are under utilized. With this information, you can be optimize your scheduling of their usage and improve employee satisfaction by eliminating the need to wait for assets when you don’t have a good scheduling system.
Make Audits Easier
Asset tracking helps you with audits of your company’s assets and assists you in avoiding discrepancies in taxes and maintenance fees. When you’re able to easily audit your assets accurately, you reduce you compliance risk and reduce your tax liability.
Improve Customer Service
When you reduce the downtime of your assets, you can be ready for anything your customers throw at you. Whether you loan your assets directly to your customers or to your employees, asset tracking is essential to providing timely and efficient support.
Save Time
Well done asset tracking limits the amount of time your employees wait for broken or lost equipment and optimizes their time doing the work that matters. With premade reports available in asset tracking tools, asset audits can be done in seconds instead of hours. Pre-emptively scheduling maintenance minimizes your company’s downtime.
Start Tracking Assets today with Reftab. Track up to 50 assets for free.
