Running a small business is incredibly rewarding, but it also comes with a lot of risks. One of the top ten risks associated with running a business is theft and/or loss of property. This risk grows exponentially when you have a number of assets, like a fleet of vehicles, that you need to keep track of.
Specialized software is the asset tracking solution you’ve been looking for. How do you know what to look for, though? Read on to learn what to look for in asset tracking software!
Keep Your Data in the Cloud
If you have assets that are on the move on a daily basis, then it doesn’t make sense to utilize asset tracking software that stores all of the data on a single hard drive. You need your data to be remotely accessible, no matter where you’re at.
The ideal asset tracking software stores data in the cloud, and you can get more info about your assets in real-time, while they’re on the move. Even more ideal, your software should have mobile applications that you can download to your phone, whether you’re an Apple or Android user. This makes tracking your assets super simple!
It Should Have Barcode and RFID Capabilities
There are many different ways in which different businesses label their assets. Barcodes are a classic choice, but that doesn’t mean that you need to limit yourself to them. Instead, choose a software that allows you to scan and track both barcodes and RFID.
Barcodes might be useful, but they also take a lot of time to track, because you’ll have to scan each item one by one. With RFID, all you need to do is go into a room and pull a trigger, and everything with an RFID tag gets scanned. That saves a lot of time!
Make It Customizable!
You know that your business is unlike any other business in your industry. Why would you pick a software that doesn’t allow you to customize it to make it specific to your business’s unique needs?
Look for software that allows you to customize the names you use for your assets. It should also allow you to track a specific characteristic, such as vehicle miles, or to whom a specific piece of hardware has been checked out. Finally, you’ll want to find tracking software that allows you to create customized reports that make sense for what you need to track.
What’s the Perfect Asset Tracking Solution for You?
If you have a large number of assets on the move each day, it’s imperative that you employ an effective asset tracking solution to prevent loss. Thankfully, many options are available on the market today, any one of which can help you manage your business’s assets. All you need to do is follow these asset tracking tips, and you’ll find the perfect solution for your business!
Are you on the hunt for more awesome business tips and tricks? Be sure to check out the rest of our blog for all the advice you need to run a successful business!
