Asset & Inventory Tracking App: One Solution for All Industries

In today's highly competitive market, every business is looking to fully leverage technology, making a mobile application for business essential.

Every businessman is aware that nowadays, nearly every adult owns a smartphone, leading almost all businesses to have their own mobile application. However, for asset management, organizations often utilize traditional asset tracking methods, leading to numerous errors in data and delays in work due to lack of proper planning.

But, organizations can avoid these issues with SaaS-based asset management mobile applications. Why are mobile applications crucial for business?

According to Statista, “The number of smartphone subscriptions worldwide today surpasses six billion and is forecast to further grow by several hundred million in the next few years.”

Most organizations possess abundant assets but lack an Asset Inventory Tracking Application or asset management mobile application. We will explore what an asset management mobile application is in this blog. So, let's begin!

What Is an Asset Management Mobile Application?

As suggested by its name, an asset management mobile application aids in managing assets efficiently. Organizations can easily track and monitor every asset from anywhere with such an application. An asset management mobile application enables you to work from anywhere, freeing you from your workstation so that you can inspect assets and schedule maintenance on the go. With this application, managers and technicians can effortlessly schedule asset maintenance.

How Is an Asset Inventory Tracking Application Helpful to All Industries?

An asset inventory tracking application allows industries to manage and track their assets from anywhere. Large industries like oil and gas, hospital, hospitality, pharmaceutical, manufacturing, automotive, construction, etc., have complex and vast assets essential for daily operations. Performance issues in these assets can disrupt daily operations. Maintenance managers, who need to visit various locations to check assets, can now schedule maintenance on the go with a SaaS-based asset management application. Data checks during asset inspections are easily handled via a smartphone asset management application, assisting organizations in making strategic business decisions.

What Features Should You Look for in an Asset Management Mobile Application?

Below are features you should seek in an asset management mobile application:

1. Check-In & Check-Out

This feature effectively tracks assets, scheduling asset requirements, and returns, reducing asset misplacement and promoting responsibility. It also assists in monitoring each asset's condition and return dates.

2. Asset Tracking Through Mobile

Managers can continuously monitor asset status, including usage, current status, and maintenance schedules, through the mobile application, simplifying asset tracking for organization employees.

3. Scanning Assets with Mobile

With Asset Infinity’s asset management mobile application, scanning assets becomes straightforward, as demonstrated in their video showcasing easy asset scanning.

4. Alerts & Notifications

The application sends alerts for due maintenance and when assets leave premises, enhancing efficiency and making employees more proactive.

5. Raise Ticket

Raising tickets for asset issues or failures is simplified, ensuring quick maintenance response to prevent productivity loss.

6. Complete Asset Information

An asset register in the application provides comprehensive data on every organization-owned asset, including location, value, and anticipated lifespan.

Conclusion

Businesses need an Asset Inventory Tracking App not just due to competition but because mobile usage is prevalent for various purposes. A mobile application enables employees to update work from anywhere, enhancing productivity and the efficiency of daily operations.

FAQs

Why Is Mobile Important for Businesses?

Mobile applications serve multiple purposes beyond offering services and products, such as branding promotion and customer insights, providing significant value to businesses.

How Does SaaS Give an Extra Edge to Your Business?

SaaS applications require no implementation, can be accessed anywhere with an internet browser, and do not necessitate maintenance by the purchaser, offering streamlined data management and policy enforcement.

What Are the Benefits of SaaS-Based Asset Management Applications?

Benefits include ease of use, customization for optimized productivity, integration with other software for improved decision-making, and cost-effectiveness by saving on software purchase and maintenance costs.

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