Not long ago, organizations used handheld barcode scanners to key-in asset information into their records. Those scanners were quite costly and offered limited features compared to what’s available now. And like any other hardware device, those handheld scanners required frequent service and replacement. Today, barcode asset management is an increasingly pervasive practice.
All products, from consumer to industrial, have barcodes, which embed a surprising amount of information. By using the right asset tracking app, you can turn your mobile device into a scanner that generates valuable data sets to improve asset management and decision-making.
A simple Google search reveals dozens of apps that will enable your phone to scan all types of barcodes – including 2D and QR codes.
Organizations are realizing barcode scanning’s importance to asset tracking. Asset tracking goes beyond the scope of mere accounting and compliance purposes. For instance, a barcode can deliver real-time information on an asset's location and current condition. Asset tracking using barcodes improves data accuracy and minimizes human error, which can incur huge losses for a company.
A mobile asset tracking solution provides instant, real-time, and precise outcomes, removes bottlenecks associated with manual tracking, saves resources, and fosters collaboration among your employees.
Fixed Asset Tracking and Made Easy
Innovapptive’s mobile asset management solution - mAssetTag - offers the perfect choice for an asset-intensive enterprise. It’s simple to use yet offers a robust asset tagging system. The solution works on Android and iOS, and devices like iPads, iPhones, etc. Having mAssetTag on your mobile device means having your vital asset’s entire lifecycle in the palm of your hand.
mAssetTag is an intuitive mobile solution that centralizes and simplifies the arduous task of data entry related to inventory and reconciliation processes. This fixed asset tracking tool uses native mobile device capabilities such as GPS, camera, and barcode readers to automate the collection of fixed asset data. By replacing paper-based processes with software that works on any mobile platform, you can capture, tag, scan, and update records without human errors or redundancies to ensure that the data you capture is high quality.
It includes built-in integrations that allow mAssetTag to share information directly with your back-office SAP or ERP systems. This single repository simplifies data analysis and provides leadership teams with the visibility they need to identify lost or stolen assets, eliminate overpayments to insurance or tax entities, and calibrate business activities to align with real-time inventory levels.
SAP Fixed Asset Inventory Solution
Innovapptive's mAssetTag is a highly configurable, SAP® Certified fixed asset tracking solution that enables asset managers to conduct multiple inventories and reconciliations across various sites using a single, easy-to-use mobile solution.
It's an advanced application that tightly integrates with your SAP Finance (FI), SAP Controlling (CO), and asset management modules to track real-time fixed asset inventory and track asset spending and capitalization. By seamlessly integrating SAP with a mobile platform, mAssetTag streamlines the management of all of your physical fixed assets, providing you with several tangible business benefits.
Ready to Automate Fixed Asset Counts?
Innovapptive’s mAssetTag delivers greater control and efficiency when planning, acquiring, auditing, taking inventory, and resolving fixed asset discrepancies. mAssetTag offers end-to-end mobile fixed asset management that seamlessly integrates with SAP, giving total visibility into lost or stolen assets, eliminating overpayments, and aligning business activities with real-time inventory levels.
To learn more about how automated fixed asset physical inventory and reconciliation works, schedule a free demo today by calling 844-464-6668 or by clicking here.