Asset management is a practice aiding in capping costs, improving asset longevity, and boosting returns. While achieving those goals, organizations accumulate a lot of data over time. That is, data pertaining to asset registers, maintenance, utilization, etc. Such information is pivotal to making asset management decisions. And they can be confidential. 

Securing comprehensive asset data circumvents organizations from facing unprecedented data-related disasters. And the web-based inventory tracking software is one effective solution for the job.

At-risk data is unreliable. Leaving the possibility of a data crash to occur at any moment jeopardizes assets and company prospects. Widespread network outages, cyberattacks, and corrupt systems are common reasons for data loss. Companies that store comprehensive asset-related information on local storage devices are most prone to these risks. 

This post discusses how web-based inventory tracking software saves you from unpredicted time and money wastage in dealing with data loss. Let’s dive into defining the web-based application and how it safe keeps your data. 

What is a web-based inventory tracking software system?

Inventory tracking software is a must-have in companies looking to extend asset lifespans and increase profits. It provides intuitive features for controlling all areas of assets – including acquisition, maintenance, transfers, audits, and disposals. Individuals can access on-premise inventory management software only from specific systems. That’s not the case with web-based asset management software.

The web-based or cloud-based application is similar to offline/on-premise/local software, except that it grants users access to its database and tools from anywhere at any time. Cloud infrastructure powers the software, which is unlike traditional desktop software. The web-based system offers several advantages over its offline counterpart. Most importantly, it does a fantastic job of securing data. 

Data security with a cloud-based inventory management software

Here’s how a web-based software solution guards your asset data.

Regular backups

There’s no telling when data can become corrupt or inaccessible. Those scenarios are daunting, cost, and time-consuming to fix. Web-based systems overcome this problem by creating backups of asset data. So in the event of a data crash, you can simply retrieve and restore a backup point. This feature keeps your data safe in any adverse situation.

Machine-independent data

Storing data on local servers opens up plenty of data safety risks. The most concerning ones are server breakdowns. Be it an internal error or physical damage, the loss can be irreparable. And it can lead to exorbitant expenses. A cloud-based asset management system escapes this issue by saving data on the cloud in real time.

Data synchronization

Offline/on-premise applications may not sync with each other. That results in synchronization problems. The data in one application might be absent in another one, stifling productivity. Web-based software systems work differently. Any data that you add, modify, or edit in the software reflects in all instances of the software immediately. It improves operational efficiency.

Remote access

Securing data prevents asset information from falling into the wrong hands or disappearing altogether. In addition to that, you must also have secure access to the files. Web-based asset management systems provide users to log in and use the software from any location at any time. Furthermore, the software gives you the control to modify file access permissions for different user roles.

Simple scaling

During the time of company expansion, it can be overwhelming to upgrade storage systems. Data experts may need to move information to devices while purchasing additional space. Web-based applications simplify that process. Scaling up is simple. You can upgrade your storage with a click of a button. And it takes effect immediately with your previous data intact and in the same location.

Experience top-notch asset data security

Web-based inventory tracking software does more than secure your data. As a result, you gain better business flexibility and higher returns. Are you looking to purchase the best web-based asset inventory management software? Then get SmartAMS. It is compatible with various devices and is incredibly easy to use. Learn more by reaching out to us today.