Best Asset Tracking Software
Best asset tracking software are Asset Panda, AssetExplorer, AssetTiger, Asset Infinity, and AssetSonar. These asset tracking systems help businesses track their physical or digital assets in one system.
List of 20 Best Asset Tracking Software
Software by FMIS Ltd.
FMIS Fixed Asset Management is a cloud-based asset management software businesses use across multiple industries like retail, real estate, healthcare, manufacturing, education, the oil sector, etc. Being a leading property tracking software, FMIS helps businesses track asset status and get the history of assets across locations. Read FMIS Fixed Asset Management Reviews
Freshservice is a cloud based ITSM Solution
Freshservice is a cloud-based asset-tracking software that empowers businesses to focus on prime aspects to improve customer satisfaction. The tool assists the service desk team in delivering what customers seek. Advanced features, excellent functionality, and ease of integration with other business tools make Freshservice a preferred tool for businesses. Read Freshservice Reviews
Freshservice's Pros and Cons
Product is easy to use. Convenient and simple to understand, even for a fresher.
Ease of use and its varied set of features.
Canned response feature, Escalation feature can be improved as of now.
Contenders | 2023
Asset Tracking and Inventory Management software
EZOfficeInventory is one of the best assets tracking software 260, and a powerful inventory system helps businesses to scan the items and upload them into software easily. It can track assets from anywhere across multiple locations at any time. Most companies prefer EZOfficeInventory to create POs, schedule services, and manage vendors. Read EZOfficeInventory Reviews
Emergents | 2023
Software by Asset Panda
Asset Panda is a powerful asset management platform that tracks digital and physical assets. This asset-tracking software costs much less than other leading software. Yet, it has the same exceptional tracking features, including an in-built barcode scanner, custom notifications, workflows with custom actions, multiple language support, etc. Read Asset Panda Reviews
Emergents | 2023
Software by UpKeep Maintenance Management
The asset tracking software, UpKeep Maintenance Management, helps businesses to scale their team operations efficiently and effectively. It is the best on-the-go tracking software for managing and quickly accessing assets from anywhere. The software offers core maintenance functionality through which businesses can initiate preventive maintenance tasks and schedule services. Learn more about UpKeep Maintenance Management
Emergents | 2023
Software by Wasp Barcode Technologies
AssetCloud is a leading asset-tracking software that enables businesses from all verticals to manage and track their assets. This software inherits all the features and functions of top asset-tracking apps and delivers exceptional package-tracking service. With this AssetCloud software, businesses can easily track inventories, employee attendance tracking, and barcode labeling. Read AssetCloud Reviews
Emergents | 2023
IT Asset Management Software
AssetSonar is one of the best asset-tracking software that allows businesses to store and manage all their IT assets from a single location. This cloud-based IT management software, AssetSonar, helps businesses from all verticals have complete control over their assets, including their critical IT assets, and optimize their workflow. Learn more about AssetSonar
Manage your Maintenance and Operations. Without th
MaintainX is a fully featured WorkFlow Management Software designed to serve SMEs, Startups. MaintainX provides end-to-end solutions designed for Windows. This online WorkFlow Management system offers Scheduling, Document Indexing, Job Management, Equipment Tracking, Mobile Access at one place. Read MaintainX Reviews
MaintainX's Pros and Cons
My favorite feature is, Its mobile accessibility that allows for easy access and management of work orders and tasks from anywhere, providing flexibility and on the go convenience.
MaintainX is a cloud-based arrangement that helps organizations smooth out and streamline their upkeep tasks. It gives an incorporated data set to putting away all data connected with upkeep, including gear and resource information, work request records, preventive support timetables and the sky is the limit from there.
MaintainX should improved their user interface so that new users enhance usability and make navigation even more intuitive for users.
A basic structure developer empowers clients to make agendas, measure readings, systems, and all the more without any problem. Clients can save and reuse structures as formats. Limitless photographs permit clients to transfer as numerous photographs as the need might arise to show an issue.
Software by MapYourTag
MapYourTag asset management software facilitates businesses to track and manage their assets, resources, devices, etc., through barcodes, QR codes, NFC tags, or custom IDs. This asset-tracking software costs reasonable and is packed with all the essential features, making it the best choice for SMEs and small businesses. MapYourTag helps businesses manage their shipping and logistics operations efficiently. Learn more about MapYourTag
Emergents | 2023
Software by TrackAbout
TrackAbout is one the reliable asset tracking solutions provider for businesses that want to automate the asset-tracking process. This cloud-based software comes with returnable asset tracking features, an audit trail, disposal management, location tracking, inventory control, and a maintenance schedule. TrackAbout software facilitates collaboration and operational transparency across the pipeline to ensure regulatory compliance. Learn more about TrackAbout
Software by AssetWorks
With many positive asset tracking software reviews, AssetWorks is an asset management software, AssetWorks, that is the best solution for businesses looking for an ideal platform to incorporate policies, procedures, and methods. It collects and stores all asset information in a centralized location, ensuring convenient accessibility from anywhere. Read AssetWorks Reviews
Software by Maintenance Assistant Inc
Fiix is the cloud-based solution maintenance management software solution that uses the every size of the business, from small to enterprise. It trusted by the thousands of the company across the world. The core functionalities include the assets management, cost management, manage worker productivity, labor scheduling, and manage warranty cost. It automated schedule of the maintenance, It creates the work order and assigns to the person on the base of date, time, event and meter regarding Fiix is integrated with a mobile app. So the concerned person can maintain the plant at any time and anywhere. The mobile app is completely accessible anywhere. By just scanning the asset barcode or a QR code to pull up the asset record. If there is any damage take a picture and generate the work order on the location. As it will complete, attach with the snap and close on the spot. Read Fiix Reviews
Software by Merino Consulting Services Limited
Infor EAM has been used to better manage, maintain, and track their assets, as well as drive better decision-making in maintenance, inventory/warranty, uptime, risk management, and strategic planning. Learn more about Infor EAM
Emergents | 2023
Software by ServiceChannel
ServiceChannel is a fully featured CMMS Software designed to serve Enterprises, SMEs and StartUps. ServiceChannel provides end-to-end solutions designed for Web App, Windows and Android. This online CMMS system offers Inventory control, Mobile Access, Preventive Maintenance, Technician Management, Work Order Management, Billing & Invoicing, Service History Tracking, Work order management, Inventory Management, Commercial Properties, Facility Scheduling, Incident Management, Inspection Management, Vendor Management, Fixed Asset Management and Equipment Management at one place. Learn more about ServiceChannel
Emergents | 2023
Keeping the World up and Running
eMaint is the web-based CMMS solution to manage the plant of various firm i.e. manufacturing, healthcare, education, food & beverages, oil & gas etc. It manages all the maintenance by the software as the virtual. Read eMaint Reviews
Emergents | 2023
Software by SmartSign
AssetTiger is an exceptional asset database tool with an intuitive user interface integrated with top-notch security features. The affordable asset tracking software price of AssetTiger and the straightforward process of tracking assets make it more preferred by top companies worldwide. Companies can easily automate their asset tracking process with this AssetTiger software. Learn more about AssetTiger
Emergents | 2023
Software by GoCodes
GoCodes offers an excellent asset-tracking platform and inventory-tracking solution for businesses. The software provides a centralized location for storing and securing QR stickers for effective management of the assets. With GoCodes, businesses can easily schedule asset maintenance tasks and quickly get accurate information about their assets. Learn more about GoCodes
Software by Tenna
Tenna is a fully featured Construction Management Software designed to serve Agencies, Startups. Tenna provides end-to-end solutions designed for Web App. This online Construction Management system offers VIN Lookup, Maintenance Scheduling, Maintenance History, Equipment Tracking, Service History Tracking at one place. Learn more about Tenna
Software by Wasp Barcode Technologies
Wasp Inventory Management is excellent inventory management software available at a reasonable price. With many features, real-time functionalities, and customized packages, Wasp Inventory Management is the best asset-tracking solution for small businesses. It gives multiple options like searching by serial number, data, pallet, and so on for tracking assets. Learn more about Wasp Inventory Management
Manage anything & everything of value to you!
Asset Infinity is a leading cloud-based asset-tracking software widely used by businesses across verticals. With 99.9% guaranteed uptime, this asset tracking and management software, Asset Infinity, facilitates businesses in many ways. It acts as property tracking software, inventory management software, depreciation management software, user management software, and so on. Read Asset Infinity Reviews
As a business owner, the task of tracking various assets like laptops, machines, trucks, and furniture can be demanding. Accurately maintaining records for all these assets becomes crucial but challenging. Improving the asset tracking process becomes a priority to ensure efficiency and better management of the business's diverse range of valuable resources.
Fortunately, asset tracking software provides a solution by streamlining operations and ensuring accurate records, which is crucial for companies of all industries, including manufacturing, healthcare, construction, education, and retail.
With asset tracking software, you can centralize data, improve inventory management, optimize maintenance, and enhance resource allocation. Invest in the right asset management solution to boost efficiency, reduce costs, and increase productivity.
We'll take a deep dive into asset tracking software in this thorough guide, analyzing its unique features and benefits, the issues you may face, the newest trends, pricing information, and check out the best 5 asset tracking software solutions on the market.
By the end of this guide, you'll have all the knowledge you need to make an educated decision and select the finest asset tracking software for your company.
So, let's get started!
Asset tracking software program is a technological solution that assists corporations in monitoring and managing their assets. This software often uses barcode or QR code scanning, GPS tracking, and other means to track the location, status, and condition of business assets. It provides businesses real-time data on their assets, allowing them to make informed asset management decisions.
Manufacturing, logistics, construction, healthcare, education, information technology, and retail all employ better asset tracking and monitoring software. The following sectors benefit from asset-tracking software:
In manufacturing, asset tracking software is critical for effective inventory tracking of raw materials and completed commodities. Real-time visibility streamlines operations and ensures optimum resource utilization by optimizing production and distribution processes. It aids in avoiding stock outs, reducing production delays, and increasing overall productivity.
In Logistics, asset tracking software allows for efficient inventory tracking by giving real-time information on quantity, location, and movement. It improves inventory management by lowering stockouts and surplus. Tracking shipments precisely boosts customer happiness by providing correct information. This program assures proper product choosing and packing while also reducing costs associated with wrong delivery.
Asset tracking software is extremely useful in the construction industry for tracking equipment, tools, and materials and minimizing loss or theft. It allows for resource allocation, reduces asset loss, and saves downtime. The program facilitates maintenance scheduling while also eliminating unforeseen breakdowns and increasing project efficiency.
In healthcare, asset tracking software is critical for tracking medical equipment, supplies, and prescriptions. It assures patient care availability and maintains expiration dates to prevent waste. The program reduces theft and loss while increasing asset utilization for expensive medical equipment.
IT and Technology
Asset tracking software is critical for managing hardware and software assets in IT and technology firms. It offers centralized tracking throughout their lives, including inventory and allocation management. The software maintains the warranty and license, lowering the chance of infringement. IT organizations properly track assets to allocate resources wisely and schedule maintenance and upgrades.
Asset tracking software aids educational institutions by tracking equipment, furniture, and books, thereby preventing loss or misplacement. It ensures resource availability and aids in maintenance scheduling, hence lowering expenses.
In retail, asset monitoring software is critical for tracking inventory, displays, and fixtures. It keeps correct inventory records, ensuring customer availability. Real-time tracking avoids theft, minimizes losses, and aids with inventory management. Inventory management that is optimized promotes customer satisfaction, operational efficiency, and profitability.
Asset tracking apps offer several features that make asset tracking more efficient and effective. Here are some of the features to look for in an asset tracking app:
Barcode/QR code scanning
Barcode/QR code scanning is crucial for asset tracking apps, enabling users to scan and identify objects quickly. By eliminating manual data entry, this feature minimizes errors and saves time.Some apps even support numerous barcode formats, making it simple to track assets with several types of labels.
GPS tracking is another crucial feature that allows users to track the location of assets in real time, making it easier to find them and ensuring that they are not forgotten or lost.It is greatly beneficial for tracking assets that are always in motion, such as automobiles or construction equipment.
Asset tracking apps benefit from maintenance tracking since it helps users to schedule and manage asset upkeep. Users can use this tool to schedule reminders for impending maintenance chores and track the status of completed activities.This can help to ensure that assets are well-maintained and can help to extend their lives.
Customization fields are an important feature since they enable users to tailor the app to their individual company needs. Users can utilize this functionality to add fields to track extra data points vital to their business, such as purchase dates or maintenance history. It can also aid in ensuring that the app gives the appropriate information for the user's individual requirements.
Reporting is an important feature for asset tracking apps since it enables users to generate reports on asset data and performance. Users may instantly view statistics such as asset use, maintenance history, and inventory levels with this functionality. This data can be utilized to spot trends, make data-driven decisions, and improve asset management operations.
User permissions are an important feature for asset tracking apps since they allow users to limit access to certain asset data. Users can manage who gets access to sensitive information such as purchase prices or maintenance histories with this feature.This can contribute to data privacy and security.
Integration with other systems
Another crucial aspect to look for in an asset tracking tool is integration with other systems. Users can connect the app to their existing applications, such as accounting or help desk platforms, using this capability. This can improve accuracy and save time by streamlining operations and reducing data entry errors.
Asset tracking tools offer several benefits to businesses, including improved asset management, increased efficiency, cost saving, enhanced productivity, accurate inventory management, improved compliance and better decision making:
Improved asset management
Asset tracking tools give businesses real-time data about their assets, allowing them to make informed asset management decisions. This involves tracking asset location, asset usage history, and maintenance requirements, allowing firms to optimize asset utilization and avoid asset loss.
Asset tracking software automates asset tracking, eliminating human labor and saving time. Businesses may focus on more vital duties such as asset maintenance and optimization by automating the asset tracking process.
Asset tracking tools reduce the risk of asset loss, theft, and damage, lowering corporate costs. Businesses can promptly locate and recover lost assets, decrease asset replacement costs, and avoid costly downtime caused by asset damage or theft by giving better visibility into asset location and condition.
Asset tracking solutions give firms greater visibility into asset performance, allowing them to optimize operations and boost efficiency. Businesses using asset tags can detect underutilized assets, optimize asset allocation, and reduce downtime caused by asset malfunction or maintenance needs by measuring asset utilization and performance.
Accurate inventory management
Asset tracking software allows organizations to accurately track inventory levels, decreasing the risk of stockouts and overstocking. Businesses may ensure that they have the proper quantity of inventory on hand to satisfy demand, reduce inventory carrying costs, and avoid lost sales due to stockouts by managing inventory levels in real-time.
Asset tracking software can assist firms in meeting a variety of industry rules and norms. Businesses may verify that they are satisfying regulatory requirements and avoiding penalties or fines by providing correct and up-to-date information about asset location, usage, and maintenance history.
Asset tracking software can help firms make better asset management decisions by delivering real-time data and insights about asset performance and utilization. Identifying opportunities for improvement, improving asset use, and projecting future demands are all examples of this. Businesses may make more educated decisions that benefit their bottom line with better data at their fingertips.
When considering your cloud based asset management and tracking app choices, it is critical to select the best solution for your organization's goals and objectives.
Below listed are some important things to bear in mind:
Holistic asset tracking capabilities
When selecting the right asset tracking software for your business, consider features such as barcode/QR code scanning, GPS tracking, maintenance tracking, customizable fields, reporting functionality, and user permissions for comprehensive asset management.
Stick to proven products
Select asset tracking software with a demonstrated track record of success by considering its successful implementation and utilization by similar businesses, as well as the feedback and ratings from other users to ensure its performance, reliability, and suitability for your specific needs.
Understand the lifecycle of assets
When selecting asset tracking software, assess its ability to support the entire lifecycle of your assets, including procurement, assignment, maintenance, retirement, and disposal, while also considering its capability to handle asset depreciation and provide accurate asset valuation.
Objectives and expectations
To choose the right asset tracking software, clearly define your objectives, identify challenges or goals, and evaluate software options based on how well they meet your specific needs and desired outcomes.
When selecting asset tracking software, consider future growth and scalability by choosing software that can handle expanding assets and users, maintain performance, and easily adapt to changing organizational needs.
Ensure data security and maintenance
When selecting asset tracking software, prioritize both data security and vendor support by choosing a solution that implements robust security measures, demonstrates commitment to data privacy and compliance, and provides reliable maintenance, updates, and responsive customer support.
Compatibility with the technology used in your organization
Choose asset tracking software that seamlessly integrates with your organization's technology infrastructure, including essential systems like ERP, barcode scanners, and mobile devices, to streamline workflows, boost productivity, and eliminate manual data entry.
Apart from the above-listed pointers, it's also important to consider users' feedback, ratings, and reviews before selecting an asset-tracking software. These will help you learn more about the solution's functionality and usability better.
Discover the top 5 asset tracking software systems that empower businesses to efficiently manage and monitor their assets. Explore their features, pricing options, and pros and cons to make an informed decision.
Asset Panda is a cloud-based asset tracking and management software that assists businesses in tracking, managing, and organizing their assets efficiently. It offers a comprehensive range of tools and features aimed at streamlining asset management operations and increasing overall efficiency.
- Asset Tracking from anywhere
- Customizable Asset Database
- Check-in/Check-out Management
- Built-in barcode scanner
- Reporting and Analytics
- Custom notifications provided to keep everyone informed for improved efficiency and planning
- Mobile app for convenient on-the-go access.
- Integration options with other business systems.
- Comprehensive reporting and analytics features.
- Complex setup and configuration process.
- Steeper learning curve for non-technical users.
- Customer support response time can vary.
- Basic plan starts at $1,495 per year for up to 500 assets
- Advanced and Enterprise plans require a custom quote
EZOfficeInventory is a cloud-based asset tracking and management software designed to assist businesses manage their physical assets, equipment, and inventories more efficiently. It offers an extensive set of features and tools for streamlining asset management operations, increasing asset visibility, and improving operational efficiency.
- Asset management
- User management
- Maintenance Management
- Reports & Notifications
Each of the features offers an even more comprehensive set of features which makes it more useful for its users.
- Mobile app for easy accessibility.
- Customizable reports and notifications.
- Integrations with many business software.
- Some users have reported occasional performance issues.
- Customization options may be limited for specific workflows.
- Integration options may not cover all business systems.
- The Essential plan starts at $40 per month for up to 250 items.
- The Advanced plan starts at $55 per month for up to 250 items
- Premium plan starts at $65 per month for up to 250 items
- Enterprise plans require a custom quote
UpKeep is computerized maintenance management system (CMMS) software that assists organizations in streamlining their maintenance operations. Its primary goal is to help maintenance teams organize work orders, track assets, and schedule preventive maintenance chores more efficiently.
- User-friendly interface with a clean layout.
- Real-time updates and notifications.
- Limited customization options for forms and workflows.
- Advanced reporting capabilities may require additional setup.
- The "Starter" plan at $45/user/month
- The "Professional" plan at $75/user/month
- The Business Plus plans start at $120/user per month
Sortly is an all-in-one inventory management and asset monitoring software that is designed to make organization and tracking easier. It offers businesses straightforward capabilities such as barcode scanning, customisable fields, and cloud-based storage, allowing users to manage and identify their inventory and assets more efficiently.
- Barcode and QR code scanner
- High-resolution photo uploads for visual tracking of items
- Low stock alerts to prevent inventory shortagesReal-time reporting
- Automatic inventory sync across all devices for seamless management.
- Mobile app for on-the-go access.
- Customizable fields and categories.
- Affordable pricing plans.
- Lack of integration options with other business systems.
- Reporting capabilities may be basic.
- Advanced Monthly plan is $29/month for 2 users
- Ultra Monthly plan is $59/month for 5 users.
- Contact Sortly for pricing on the "Enterprise" plan supporting up to 10 users.
Snipe-IT is another open-source asset management software that helps businesses track and manage their assets. It has features such as barcode scanning, customizable asset fields, a friendly user-interface, and thorough reporting. Businesses can use Snipe-IT to streamline asset monitoring operations, increase visibility, and give seamless asset management experience.
- Barcode scanning for efficient asset tracking
- Customizable asset fields to adapt to specific tracking needs
- Customizable asset lifecycle management for tracking assets throughout their lifecycle.
- Integration capabilities with other systems and platforms
- API support for seamless integration with external applications.
- Customizable fields, labels, and categories.
- Integration options with other business systems.
- Active community support and frequent updates.
- May lack some advanced features found in paid tools.
- Additional development or customization may be needed for specific requirements.
- Some users have reported occasional compatibility issues with certain systems.
Snipe-IT offers various pricing options to cater to different needs. The "Self-Hosted" option is free, allowing users to host the software on their infrastructure. The "Monthly Hosted" plan is priced at $39.99/month, while the "Annual Hosted" plan costs $399.99/year, providing cost savings. The "Support-Only" plan is available for $449.99/year, and the "Enterprise Support" plan, tailored for larger organizations, is priced at $4,999.99/year. For more details, visit Snipe-IT's website.
While asset tracking tools provide numerous benefits, users may encounter some difficulties. Among these difficulties are:
For proper asset tracking systems, accurate data entry is critical. To avoid errors and ensure accuracy, clear protocols, user training, and an emphasis on exact data input are required.
Integration with existing systems
Asset tracking software frequently requires integration with other systems such as inventory management or ERP software. To ensure a successful integration, compatibility tests and close engagement with the software vendor are required.
Encouraging personnel to adopt a new asset tracking system can be challenging. Organizations should emphasize the benefits, give extensive training and assistance, and establish a positive change management atmosphere.
Implementing asset tracking tools can involve significant costs, especially for small organizations with limited budgets. It is crucial to carefully evaluate the total cost of ownership, which includes not only the software but also any required hardware, ongoing maintenance, and support services. Conducting a cost-benefit analysis and exploring flexible pricing options is recommended.
Security is of utmost importance because asset tracking tools store sensitive data. There should be strong security safeguards in place, such as data encryption and user access controls. Data safety is ensured by regular security audits and adherence to industry best practices.
To stay ahead of the competition, organizations must keep up with the latest advancements in the asset-tracking market. Here are some of the top asset-tracking app trends:
IoT-enabled asset tracking
The Internet of Things (IoT) is revolutionizing asset tracking. Businesses may monitor the location, status, and other vital data of assets in real time by embedding sensors and other devices in them. This makes asset tracking more accurate and efficient, as well as predictive maintenance possible.
Asset-tracking apps can now forecast when fixed assets will require maintenance or repairs using machine learning and data analytics. This enables firms to schedule maintenance proactively rather than reactively, decreasing downtime and increasing asset life.
As more firms use mobile devices to manage their assets, asset-tracking apps are evolving to suit this need. Many apps now feature mobile-first design, with user interfaces optimized for smartphones and tablets.
Augmented Reality (AR)
Augmented reality (AR) elements are also being added to asset tracking apps, allowing users to see virtual representations of items overlaid in the actual environment. This is especially important for maintenance and repair operations since it allows technicians to easily identify and locate assets.
Cloud-based asset tracking solutions are gaining popularity because they provide flexibility, scalability, and cost-effectiveness. Businesses can access their asset data from anywhere and simply scale up or down as their needs change with cloud-based solutions.
Businesses that keep up with these developments can take advantage of the most recent advances in asset tracking apps and can manage assets in their operations for optimal efficiency and profitability. Whether you're just getting started with asset tracking or want to replace your current system, these patterns should be considered when selecting an asset tracking app.
Deciding the right asset tracking software might be a challenge, when considering their costs it can be varied based on features, scalability, and provider pricing.
Below are few asset tracking software price options to consider:
- Basic Plan: The costs start from $20 to $50 per month which are suitable options for small businesses.
- Professional Plan:This plan has more features than the basic plan and ranges from $50 to $200 per month.
- Enterprise Plan: Suitable for larger organizations and this ranges from several hundred dollars to several thousand dollars per month.
- Additional fees: Many providers charge additional fees for extra users or assets beyond the limit in the plan.
- One-Time Purchase Options: Software available for a single upfront fee, typically ranging from a few hundred to several thousand dollars.
To find the best asset tracking software within your organization's budget, it is advisable to thoroughly evaluate the features, scalability options, and cost considerations of each solution.
Compare the pricing structures of different providers, keeping in mind the level of functionality required and any potential additional expenses and choose the suitable asset tracking software solutions.
Asset tracking software is a strong tool that may assist firms of all sizes in improving asset management, increasing efficiency, and saving money. Consider your organization's specific objectives and goals when considering software alternatives, and search for software that provides a comprehensive approach to asset tracking. Organizations may optimize their asset management procedures and drive long-term success by implementing the correct asset management software.
Compare Pricing Plans of Top Asset Tracking Software Providers
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FAQs of Asset Tracking Software
Asset tracking is a crucial component of asset management, and there are numerous technologies available to carry it out. Utilizing asset tracking software is a popular technique since it enables companies to keep track of their assets using tools like barcode or QR code scanning, GPS tracking, and customizable fields.
An additional strategy is utilizing RFID (Radio Frequency Identification) technology, which tracks assets using radio waves and offers real-time visibility. The choice of asset monitoring software will ultimately depend on the needs and demands of the company.
Asset tracking apps utilize various technologies, such as RFID, GPS, barcode/QR code scanning, and IoT, to track assets. GPS provides location through satellite signals, RFID uses radio waves with tags, barcode/QR code scanning reads data, and IoT incorporates sensors and wireless connectivity for real-time tracking. The choice of technology depends on the app's functionality and company requirements.
SAP offers three asset tracking solutions: SAP Asset Intelligence Network (cloud-based), SAP Asset Central (on-premises), and SAP Asset Manager (mobile app). They enable businesses to track assets, monitor performance, and manage maintenance. Asset Intelligence Network facilitates real-time collaboration, Asset Central provides a centralized asset view, and Asset Manager empowers field employees with mobile asset management capabilities. Together, these solutions offer comprehensive asset monitoring and management features for businesses.