Equipment asset tracking software has changed drastically in the ever evolving mobile world. In the past, spreadsheets were one of the most popular methods of tracking company equipment and assets. They were used for everything, including simple calculations and complex databases. However, the spreadsheet today, is now considered ill-suited for the mobile workforce and asset management.
WHY WE HAVE OUTGROWN THE SPREADSHEET METHOD
Companies now face more complex challenges when it comes to tracking equipment and assets; therefore, the old way of using a tracking spreadsheet will no longer suffice. In the mobile workforce today, it is completely necessary to have inventory fully accounted for. This means the following needs to be tracked:
- Where the equipment is located
- Who is in possession of the equipment
- If the equipment has been loaned or rented
- If the equipment has been taken out of inventory for maintenance
An old tracking spreadsheet simply cannot keep track of all these moving parts; therefore, an asset tracking software is needed. A tracking spreadsheet also does not have the ability to control the amount of employees that handle the equipment. It cannot track how many hands one single piece of equipment goes through in a given year. It can also not keep up with who is responsible for logging and tracking every little detail of each asset, such as its condition and its repair history.
In addition to these challenges, there are still others that require detailed information on every asset, including their purchase price, depreciation rates, repair costs, and replacement costs. Because the spreadsheet can no longer keep up with the challenges the asset world faces today, it is no longer suited for asset tracking.
WHY CHOOSE A CLOUD-BASED ASSET MANAGEMENT SOFTWARE
To ensure all challenges with asset tracking are addressed, a cloud-based asset management software should be purchased. Cloud-based asset management software allows companies to track all details of their assets anytime and anywhere. e2b offers Anytime Assets, a cloud-based asset management application available exclusively for e2b calibration customers. Anytime Assets is designed for the aviation industry and is available anytime and anywhere.