What’s the Best Asset Management Software for Your Organization?

As you start on your search for the best asset management software, you have a lot of options to choose from. Some may be more appealing in price while others may be more appealing in the features they offer. No matter if you are a small start-up or a large global organization, in today’s competitive business environment, losing track of an asset is unacceptable. There are so many tools available to ensure you always know where your assets are, what condition they are in and so much more.

Asset management software is here to stay, and it’s making an impact on the way businesses track their most important resources. From hospitals to schools, nonprofits to churches, they are all seeing how asset management software is keeping employees accountable and in turn saving both time and money.

Looking back at asset management

Almost every organization will have assets that need to be tracked, categorized, and managed. From copiers to computers, desks to company vehicles … the list is endless. As recently as a decade or so ago, the process of asset management was primarily conducted through spreadsheets, manually entered and updated. The number of errors or inaccurate data was a nightmare for employees to decipher, not to mention the accounting/compliance departments when it came time to budget for the next year or conduct an audit.

Understanding what’s available today

Today, businesses are acquiring more assets that need to be managed than ever before -- especially with the rapid increase of technological advances such as mobile devices (smartphones/tablets) used in the workplace. As average employee tenures grow shorter and more devices are mobile, companies' data security is also a key priority. Managers and their support teams working in the field may need specialized reporting, customization, and features that aren't readily visible to the employees assigned specific business assets. Modern asset management systems that are hosted in the cloud allow businesses to manage assets without the cost and maintenance of owning a server, and they can access critical data about their assets no matter where they may be located.

Here are some key factors to consider in choosing the best asset management software for your particular organization:

• With so many options available to track and manage assets, users need to find a software that helps automate asset management tasks, simplifying what was once a complex task, while giving you the ability to examine your data in a more meaningful, relevant way.
• Look for a flexible and easy to use mobile platform that syncs with the cloud -- meaning that your asset-related data is served up in real time 24 hours a day, so you no longer need to wait until you’re back in the office to check the status of any item.
• Many of today’s offerings do not require you to have a separate handheld barcode scanner or any additional hardware. All you need is the smartphone or tablet you already use the software, which should be accessible anywhere, anytime you need it. Data is instantly uploaded and accessible. No more guessing where an asset is or its condition.

Asset Panda was created with an eye on the future, so it’s flexible enough to accommodate your business needs today and well into the future. As new technologies become available, Asset Panda can adapt. Asset Panda is entirely customizable, so you decide how your data is displayed and organized. The dashboard, fields and columns, notifications, alerts, reports, calendar feature, user- and location-based security settings are just a few of the features you can modify according to your specific needs.

Widely respected outlets such as Inc. Magazine’s Inc. 5000, Camcode, PC Mag, IT Pro, and so many others have recognized Asset Panda as one of the best asset management software platforms around. Maybe it’s time for you to have the best as part of your team, too. To learn more about Asset Panda’s platform and services, or to sign up for a free 14-day trial, visit www.assetpanda.com.