How Barcode Scanning Can Ensure Effective Asset Tracking

Learn how:

  • Barcode scanning is transforming asset management 
  • Innovapptive’s asset tracking solution automates fixed-asset physical inventory and reconciliation

Barcodes and barcode scanning are everywhere nowadays. 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. 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, more and more organizations are realizing barcode scanning’s importance and the value it brings 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.   

What are some additional benefits of barcode scanning?
  • Enhanced data integrity and accuracy
  • Minimized paperwork and record-keeping
  • Reduced labor costs for data entry
  • Improved planning and scheduling
  • Greater accountability
  • Less employee training time

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.

The right asset tracking solution to fit your business

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 any platform – Android and iOS – and a variety of 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.

To learn more about mAssetTag and how it automates fixed-asset physical inventory and reconciliation, schedule a free demo today by calling 844-464-6668 or by clicking here

 

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