Asset tracking software
Asset tracking is the area of inventory management software dealing with equipment and other fixed assets that a company owns but doesn't sell to customers. Asset tracking is relevant to rental companies, building contractors, production companies, installation contractors, and other many services that involve equipment, particularly those business for which assets may move around.
Barcode systems are pervasively used for asset tracking, but the barcode system itself is only the mechanism to label and scan items in physical inventories or as they move from location to location. The asset tracking software is the system that employs the labels and scans to give you up-to-date information about where your assets are currently located and to help you determine what assets are required at future times based on reservations. Asset tracking software provides businesses with a variety of benefits:
- Prevents loss or theft
- Tells you where your assets currently are
- Tells you if you've got enough equipment for future jobs
- Enables you to improve your logistics based on asset requirements and availability
Examples from Finale Inventory
Here is a video of using Finale Inventory for asset management.