fixed asset tracking software in automobile industry

As a result, companies reduce expenses through loss prevention and improved equipment maintenance. The reporting option that is built into most asset tracking solutions provides pre-built reports, including assets by category and department, check-in/check-out, net book value of assets, assets past due, audit history, and transactions.Īll of this information is captured in one program and can be used on PCs as well as mobile devices. And therefore without an accurate method of keeping track of these assets it would be very easy for a company to lose control of them.Īsset tracking software allows companies to track what assets it owns, where each is located, who has it, when it was checked out, when it is due for return, when it is scheduled for maintenance, and the cost and depreciation of each asset. While employees may use a specific tool or tools, the asset ultimately belongs to the company and must be returned. Fixed assets are defined as any 'permanent' object that a business uses internally including but not limited to computers, tools, software, or office equipment. Tracking assets is an important concern of every company, regardless of size. Fixed asset tracking across multiple locations

Fixed asset tracking software in automobile industry