Why should you adopt Asset Tracking Software for your Business?
Mahendra Patel
Co-Founder at TeroTAM | Transforming Asset, Facility and Maintenance Management | Driving Operational Excellence and Empowering eProcurement Solutions
A business or organization runs with uncountable asset operations, and it is ambiguous to recognize functional areas and asset's health. You can choose our TeroTAM's Asset Tracking software to track and find the assets with real-time updates. This tool makes your workplace well organized and modern culture can access information quickly, and there is no doubt to cross-check again. It can track the footprint of assets with proactive maintenance to take into comprehensive asset accounting.
Using it makes your standard practice of tracking assets through GPS/GSM, RFID, NFC, Beacon, and mobile application technology. It helps your asset inventory record data and decide on repair, replacement, or purchase of new assets. As well as work as a security guard for anti-theft protection at any premises.?
Get More Handier with Using Asset Tracking Features
Asset tracking software enables the tracking of the organization assets in real-time at inside/outside premises, such as parameters temperature, location, operation hours, assigned person, etc. This collects automated data from the various departments and sends it to the central web server to view insight information on dashboards. also, it can broadcast the asset locating point in geographical map mobile applications to view the current location and attributes. It can make the best possible way to get the details of the asset's conditions and preventive schedules or services.
In various classified industries, daily operations are run with expensive assets, which properties must take back to the assets departments to place in racks for proper accountability. That secured process asset tracking tool keeps an eye on engaging assets in the work location and automatically reflects on visual dashboards. Once the assets are collected, it will auto-update the records like various assets, equipment, machines, vehicles, and tools.
It is an important aspect of asset maintenance & service. This process is carried out through a combination of individual asset details, which optimizes assets' efficiency, performance, and durability by conducting scheduled time. Preventive activities ensure the assets are kept in full condition and make a long run with expected profitability. It allows staff and admins to track the assets' preventive details with single-touch operations.
Implementing asset tracking strategic plans identifies the asset's life span and improves its life by glance inspection and maintenance. Perhaps it helps you utilize the equipment at the maximum level and obtain greater production results. Considering this solution estimates the overall age of assets by the invested amount and calculates the percentage of the amount to figure reduction value. It can make sure asset profitability and downgrade early aging.?
In certain premises, assets that have exceeded the life span or are un-useful are still recorded in the inventory. Considering this, ghost or scrap assets are identified and removed from the current working assets account. It can gently maintain a separate list for spoiled machinery and help make decisions to send to scrap or refurbish.
It is an essential aspect of protecting the assets in the organization. Mostly tools and equipment are engaged with the several work locations, and it is typical to identify. To stop asset theft issues, the asset tracking suite keeps track of each asset with IoT-enabled enable features. When a person crosses the radius from the functional area without authority permission, it alerts the management to recover equipment and prevent theft
A key benefit of following an asset strategy in business is to stop the old tradition of preparing manual spreadsheets, excel notes, and paper-based data collection. Using this digital tool mitigates errors in data collection, saves time, and integrates the data from different departments. It comes with standard templates for managing and tracking data in real-time and preparing quick data for asset auditings.
The technology of Asset Tracking Software
The advanced featured IoT enables asset tracking systems that come with the GPS/GSM, RFID, Beacon, NFC, and mobile application technologies to get the credible details of assets wherever in an organization and centralize the data with fast refreshing updating. Using this handier solution users/admins can quickly access data and track and manage the properties.
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The GPS/GSM enables the hardware assets, which broadcast the device's live location by geographical position system and display the exact location, time, and temperature.
The RFID comes with a device chipset that identifies the unique radio frequency of assets, monitoring the incoming/outing of assets from the entry to record with the time and person details.
Beacon technology comes with a physical device, which tracks the inside premises assets wherever on the floor. When assets are crossed, the permissioned area sends alerts to the admin to take action.
NFC mode records all accessories and equipment through the binding NFC tags. Also, the details of assets assigned to the persons, location, and time can be recorded through web operations.
It allows keeping an eagle eye view to view all the assets in a category wise and provides you with a feature to filter the assets and view the complete assets details.
Benefits of Using Asset Tracking Software in Your Organization?
As we know, business units use multiple assets for unique purposes, whether physical, electronic or IT products that may be computers, software, facilities, etc. To manage all these critical situations, asset tracking simplifies the process of maintaining and handling properties.
Get the benefits of using live assets tracking solutions:
Assets Budgeting and Feature Decisions
As you wish to emphasize the organization's running efficiency, asset tracking will make it easier to analyze the amount of assets, expenditure, and required machinery for present and feature purpose budgeting. Performing these technical activities estimates the required tools, machines, and equipment supply to run the production cycle without taking delay. The sophisticated asset budgeting process holds the desired profits and makes the right decisions for businesses to extend services or buy new ones.
Importance of Asset Tracking in The Organization?
In real-time management, keep an eye on a constant flow of asset engagement in business and maintain credible accountable data for planning, controlling, and maintaining. This helps eliminate the draw of manual working culture and access systems, such as inspections and auditing. In addition, this cloud-operating system provides a 360-degrees glance view for machine utilization and operations. By implementing this technology. It can store the information in a repository to conveniently pull the data in document formats.
Run-Through
Choose our TeroTAM's best asset tracking system software for all types of your business requirements. Which matches your need to reduce ongoing costs and improve asset accountability by considering all aspects. It can optimize the assets' life cycle and efficiency and reduce early depreciation. Also, enable the IoT features to Fastrack data collection of assets and automate the protocol. Start your new beginning with our choice to maximize the business growth that you have ever seen. To know more about our asset tracking system and smart solutions, reach us at [email protected]