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How to Tell If Your Business Needs Asset Tracking Software

October 27, 2020 by Contributed Post

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With the pandemic forcing many businesses to operate fully remotely, employees still often depend on their employer to provide equipment and technology to complete their daily functions. Lending out things like tablets and computers can be a risky and potentially expensive business decision. Keeping track of your assets and your team’s productivity are two important — and possibly daunting — daily tasks for business owners. If you feel like you’re in over your head trying to keep your newly distributed team connected and motivated, or you’re having trouble taking stock of all your company’s physical assets, these business software solutions could be the answer to your problems.

What is asset tracking?

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Asset tracking through asset management software is a way of efficiently inventorying a business’ physical assets. Asset management is a crucial tool for reducing shrink and tracking the warranties and depreciation of office equipment. Especially for large enterprises, an asset management system can streamline daily business functions and operations, as well as positively affect a company’s financials in the long run. It’s for these reasons that Fixed Asset Tracking Software by Cheqroom has become an essential part of facility management.

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Cheqroom’s asset management software is the complete solution for startups because it can help track assets, upkeep, and work orders. It also makes it easy for business owners to budget for asset maintenance and depreciation of equipment. Cheqroom’s asset management software will create organized maintenance logs and maintenance schedules, as well as depreciation schedules. Their asset manager helps you make smart business decisions and avoid unnecessary equipment purchases by tracking work orders and scheduling preventative maintenance.

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Cheqroom also lets you create digital audit trails and requires users to check-in by asset type. This promotes reliability and accountability among team members who are using the equipment. The audit trails and audit history can be accessed from your mobile device, making it easy to manage asset data from anywhere, at any time. Cheqroom’s asset management software uses scanners, RFID barcodes, asset tags, and QR codes to allow you to create a definitive asset inventory. Their asset software mobile app lets you access your asset account functions on the go, so you’ll never have to worry about losing track of your company’s physical assets and equipment ever again.

Promote company goals and empower your employees.

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Working remotely can take a toll on employee productivity and understanding of expectations. Things are constantly shifting and changing due to the pandemic, so it’s essential that we keep our teams connected and focused. Employee engagement and goal alignment is also a great way to protect company assets and drive productivity. OKR software is an essential tool for reconnecting, motivating, and encouraging distributed teams by outlining key results and strategic priorities in a clear, concise way. Workboard is considered an industry leader in OKR tools and software. Their management software’s reliability and ease of use, along with its ability to streamline workflows and connect supervisors with team members, make it a unique and effective tool for achieving key results.

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With a Workboard account, you can use your dashboard to provide company-wide visibility of schedules, action items, insights, metrics, and strategic priorities. The premise of Workboard’s OKR software is to make company goals and expectations for the quarter or year just as concise and accessible as those for a single workday. In order to achieve this, Workboard gives you, the business owner, extremely in-depth actionable insights and business metrics. The Workboard community makes it simple to choose report options and distribute workday ventures amongst team members to drive productivity. You can also assign and edit permissions and certifications of employees within the Workboard OKR software. With access to all these action items and insights, you can create a clear direction for the future of your company that is easy for your employees to follow.

You may also like: 8 Questions to Ask Before you Buy an Inventory Management Software

Filed Under: Management, Software Tagged With: assets, Inventory management, software

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