Significance Of Cloud-Based Asset Tracking App For Your Business

Ditch Traditional Methods of Asset Tracking! Embrace ‘New-Age’ Mobility Solutions- Cloud-Based Asset Tracking App

Moving your businesses’ fixed assets records from paper and spreadsheets- a very basic asset tracking process to maintain company documentation of assets, to automation may seem intimidating but it is quite simple and cost-effective. The process is faster, more seamless, and more advance. Businesses are digging out competitive advantages of this mobility and speed by embracing cloud-based solutions and those who haven’t yet will soon find themselves the last in the race of competition.

With the Cloud-based Asset Tracking App, your asset manager can ensure assets and inventory data collection is accurate and accounted for by keep tracking and monitoring-

• Asset value
• Active/inactive assets
• Asset acquisition cost
• Useful life
• Residual value
• Replacement information
• Accurate asset register and report
• Capitalization threshold and much more from anywhere, anytime

Furthermore, it does away with paper-based inaccurate records, duplicate purchases, and improper compliance, optimizing business efficiency and cutting costs simultaneously.

What Is A Cloud-Based Asset Tracking Solution?

Cloud-based asset management platform refers to software applications, services, or resources made available to users on demand via the Internet from a cloud computing provider's servers. Without having to own expensive software or increase/train existing in-house IT staff, the best way to enhance capacity, and functionality, access real-time data, or add additional users on demand is through cloud-based computing solutions worldwide.

Built on barcode/QR code technology, the app can get the information instantly you need e.g. the current numbers of active fixed assets, and asset condition assessment from anywhere via a number of mobile devices. The beauty of the cloud lies there. Let’s discuss the significance of cloud-based asset tracking mobile app which is the answer to your asset tracking woes-

The following are some potential advantages of the Cloud-based Asset Tracking App over spreadsheets and expensive software:

Lower Upfront Cost: A cloud-based mobility app investment will have countless advantages in terms of out-of-pocket expenses without compromising functionalities or capabilities. By choosing a cloud-based asset tracking solution, you can avoid a host of challenges such as limited scalability, time-consuming upgrades for accessing new features, in addition to increasing overhead costs, and maintenance fees, as well as compatibility issues for your business.

Integrate With Other Enterprise Solutions: Any enterprise solution such as ERP, CRM, WMS, etc. can be easily integrated with a cloud-based asset tracking app. At the same time, this will reduce your business process turnaround time and enhance your software efficiency with real-time information synchronization.

Quick Access to Advance Features and Updates- One of the key benefits of a software application on the cloud is its instant access to new features and updates. A cloud solution vendor is likely to have multiple customers, collecting enough data based on customer reviews and support to introduce improved features and updates along with essential security updates. These enhancements can be rolled out in your app instantly.

Global Accessibility: By tracking, recording, and collecting significant fixed asset data across the organization network, your asset manager can build a digital asset register with complete accurate details. You can make this entire register accessible to all concerned business professionals.

Quick Implementation: Already being installed and configured in the cloud, the mobile application is fast to implement and easy to use by even non-technical personnel.

Scalability: The cloud app offers many flexible subscription options to change plans as and when needed. Hence, you can access the service as per your business growth and user requirements.

Compiling the whole, the Cloud-based Asset Tracking Application is the most cost-effective and latest tool to maintain an accurate asset register with all relevant details. Eastern Software Solutions integrates the best practices and expertise for designing and developing feature-rich Asset Tracking App to address all kinds of business needs across industries and countries.

Come and see what our Asset Tracking App can offer your business with an interactive demo!

You May Also like :

• How Does Asset Tracking App Works and What is It?
• Challenges In Asset Tracking and How Mobile App Can Solve Them
• Asset Tracking App And Its Key Benefits For A Business
• Are you aware of all of your Assets?
• Significance Of Cloud-Based Asset Tracking App For Your Business
• Why Is Fixed Asset Tracking Important?
• Why should you Track and Monitor Your Assets?
• Why Barcode Asset Tracking Is The Most Appealing Solution Today