Today information is power. Time is money. You need to know exactly what you have, and accurately track it for depreciation, taxation, and other important factors. Lost, stolen, or misplaced assets can mean the difference between success and failure. Tracking Assets is not only a way of improving your bottom line it’s a requirement if your business needs to comply with audit regulations
So we all agree that the need for Tracking Assets is to Save Money. Once the barcode asset tracking system is fully populated with the asset and location data, you'll always know where your assets are and how long they've been there.
You can generate valuable reports for managing the assets and the costs associated with them. The obvious benefit of a barcode asset tracking system comes from reducing the occurrences of assets disappearing. But further, understanding the location, status and utilization of assets within the organization will save money
Objectives of an Asset Tracking System
Registration Of Assets across all Offices
Labeling the Assets with Barcode or RFID tags
To have a control of all Assets present
To have a record of the Asset Allocation right down to the custodian and cost centers.
To have a record of Assets which are under or over the Warranty period.
To have a record of the Assets being sent out of the premises for Maintenance Purposes.
Gathering compliance about the Assets from the end users of other departments
Prioritizing services as per the nature of the calls
Scheduling and assigning service calls to the technical support team
Maintaining logs of the services by the service engineer, Asset and location.
To have a record of Assets being transferred from one custodian to another.
ATMS Functionality
Employee asset assignment
Transfer Assets Based On Date, Location,
Department or Employee
Asset Details Report ( All Assets Category)
Asset Verification Report
Asset Issue Report
Asset Warranty Report
Pending services
Completed calls Report
Asset accepted for service Report
Asset retuned after service report
Service Log Report
On-loan Asset etc
Asset Disposal/Cancellation Report
Asset on Repairs by company
Modules in ATMS
Transactional Reports
Physical Receipt of items
Employee asset assignment
Asset Creation and Tag printing
Asset Verification Report
Transfer of Assets
Asset Issue Report
Asset inventory
Transfer Assets Based On Date, Location, Department or Employee