One critical task under asset management is inventory tracking, which refers to knowing asset locations, numbers, and conditions. Tracking assets in the inventory provide enterprises with visibility and the information to make sound business decisions. Easier said than done, the traditional inventory tracking methodologies are often inaccurate. Not to mention the long time manual tracking consumes.

If eliminating such discrepancies and simplifying asset accounting is your goal, a mobile asset-tracking app is a sound solution.

Assigning staff members to inspect assets visually and enter the data into software applications or on paper is a cumbersome task. This method of accounting assets is unreliable and opens up a lot of room for errors. Furthermore, it causes delays as employees need to log and update system data after inspections.

Today, ever-evolving technology allows entrepreneurs to track assets in real time. There are many solutions for the job – desktop-based asset management software, cloud-based software, and more. We discuss another solution known as the mobile asset tracking app. Let’s dive into how it helps minimize the complexity of accounting assets. Let’s get started.

What is a mobile asset tracking app?

A mobile asset tracking app is a solution for tracking, monitoring, and managing assets from a mobile device. It can be a smartphone or a tablet. The handiness of the software makes daily asset management tasks a breeze, allowing users to use the application anywhere at any time. In the comprehensive mobile solution, users will find a plethora of dedicated asset management modules that can do more than just asset tracking.

Compared to desktop-based asset management applications, mobile software versions are cost-effective. Installing and running the program is also a quick process. All that you need to do to use the mobile application is download the software. You can simplify asset tracking significantly regardless of whether you choose a cross-platform app that works on all operating systems or a specific Android asset-tracking app.

Track your assets better with mobile asset management software

Let’s go over how mobile asset management software enhances inventory tracking tasks.

Integrations with native mobile features

Mobile asset tracking apps can leverage native mobile features for extended functionality. The camera of mobile and tablet devices can turn into a barcode scanner, enabling employees to scan barcode tags. It syncs up data to the mobile software immediately. This tracking allows you to accurately and swiftly track asset purchases, transfers, maintenance, disposal, and more.

Asset movements

Whether you want to purchase an asset, transfer it, or dispose of it, you can perform all of those functions from a mobile asset tracking app. With just a few taps of a button, you can make execute critical administrative tasks easily.

Notifications

In mobile asset management applications, you can set up notifications. The alerts reach you via SMS, in-app, and e-mail, informing you about upcoming asset maintenance schedules, overdue asset maintenance, low inventory levels, etc. The notifications prevent you from missing timely critical actions.

Asset maintenance

Assets without proper maintenance deteriorate faster, increasing depreciation rates. You can slow it down and extend asset lifespans by using the asset maintenance module in a mobile asset tracking app. You can specify routine maintenance schedules, service checklists, and more. It helps tackle asset discrepancies before they become a big problem.

Asset reports

Mobile asset-tracking apps generate insightful reports from inventory data logs. The analytics reveal which assets your organization frequently uses, what assets undergo maintenance the most, the cost of owning assets, and more. You can use this data to optimize your asset management strategy for greater returns.

Conclusion

The mobile asset tracking system is a reliable one-stop asset management solution that automates inventory tracking extensively. It helps cut down tracking and management time while improving returns on investments. Are you looking for the best mobile asset management software? Get SmartAMS. It is compatible with Android and iOS devices, is user-friendly, and is feature-loaded. Reach out to us to learn more.