
Asset Tracking Software
Quick, Easy Asset Identification
AsseTrack
Having visibility over your assets minimize employee theft—a common scenario in most workplaces where 79% of employees are found to steal from their employer at least once. It also removes ghost assets—items that are lost, stolen, or unused that remains listed as an active fixed asset—so that you aren’t charged for them. Additionally, fixed asset tracking tools automate the process that let you save an average of 69 days from the manual method.


Simplify Fixed Asset Management
Furthermore, it is time-consuming. According to a survey by Bloomberg BNA, 46.8% of respondents from US-based finance executives revealed they spend an average of one week per month on conducting fixed assets accounting on manual spreadsheets and database management. This takes up their time away from other crucial processes such as strategic planning and analysis.
The issue with manual asset management doesn’t stop there. According to AsseTrack FAM’s via Infographic Journal, 65% of fixed asset data is inaccurate, incomplete, or missing. To help mitigate this issue, a fixed asset tracking software is used by businesses to keep track of their valuable and fixed assets in a streamlined, accurate method. It ensures organizations are aware of what they own, where their assets are located, and who are using these assets.