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unicef
Bayer

Mobile Fixed Asset Tracking Solution to Better Control, Audit & Reconcile Fixed Assets

Innovapptive's Mobile Asset Tracking and Tagging solution (mAssetTag) is 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 spend and capitalization. Merge with EAM and supply chain processes to optimize fixed asset management, and view asset summary reports, asset master changes, and capitalization - all in one place.  mAssetTag is BYOD compliant and built on cross-platform UI technologies for complete compatibility with all tablet or smartphone devices and platforms, including Apple iOS, Google Android, or Windows.

 

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Delivering a Faster Time to Value

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Eliminate Paper Work
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Eliminate Paper Work
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Eliminate Paper Work
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Delivering a Faster Time to Value

Reduce over-payment of taxes

Reduce over-payment of taxes

15%

Identify ghost assets on the books and improve bottom line

Reduce insurance premiums

Reduce insurance premiums

17%

Readily identify assets for end-of-life and retire depreciated assets

Ensure accurate asset records

Ensure accurate asset records

99%

Eliminate paper-based record keeping and asset tracking

Increase employee Productivity

Increase employee Productivity

40%

Save on time spent in manually checking asset condition in field

What our customers say

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Thanks to Fixed Asset Tracking, our financial reporting is more accurate, reflecting what we actually possess. We now have a much better handle on our assets across the enterprise, especially ghost assets that were costing us way too much in needless insurance premiums and taxes.

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Before Fixed Asset Tracking Solution, we had little understanding and visibility into just what assets we really owned. Our audits and regulatory compliance suffered, greatly affecting our bottom line and financial reporting. Now our asset ledgers are accurate, our financial reporting is truthful, our audits pristine and compliance is a breeze.

Ready to Automate Fixed Asset Counts?

Request a demo and see how one sophisticated solution can simplify your fixed asset tracking workflow.

Request a Demo

Resources

Asset tracking in real-time could save you millions
Webinar
Asset tracking in real-time could save you millions
Get rid of ghost assets to improve asset health and financial compliance
Whitepaper
Get rid of ghost assets to improve asset health and financial compliance
Fixed Asset Tracking 101
Whitepaper
Fixed Asset Tracking 101
mAssetTag – an Overview
Product Sheet
mAssetTag – an Overview

FAQs

What does Fixed Asset Tracking do?

  • Fixed Asset Tracking is a mobile fixed asset tracking solution that automates and streamlines physical inventory and reconciliation. 
  • Add and tag assets,
  • Monitor and track asset location/condition in real time
  • Schedule and conduct multiple inventories and reconciliations across various sites, and more.

How does Fixed Asset Tracking work?

  • Scan and tag assets using mobile hand-held devices, such as smartphones, barcode scanners, wearables, cameras, etc. Works in both online and offline modes.
  • Fixed Asset Tracking is easy-to-use, highly configurable and SAP-certified.

What kind of company makes a good customer for Fixed Asset Tracking?

  • Companies in asset-intensive industries that currently use SAP® as their enterprise resource planning (ERP) system. (Capabilities for additional ERPs now in development.)

Who can use Fixed Asset Tracking?

Fixed Asset Tracking is for anyone involved in asset management, including:

  • C-suite executives: Monitor and track asset location/condition in real time to identify cost-savings opportunities. Also, the solution makes data capture more accurate, which delivers up to 99% accuracy in fixed asset financial statements.
  • Senior managers and directors:Tie remote locations together to gain greater visibility into operations. Make quicker, more informed decisions and better utilize labor and resources.
  • Managers: Benefit from improved communication and collaboration between management and the field. Experience easier employee onboarding, as well as better morale and engagement among employees.
  • IT professionals: Easy configurability and scalability. Unlimited customizations. Integrates directly with legacy systems with no intermediate platforms required.
  • Field operators and technicians: Add and tag assets with user-friendly mobile devices. The mobile app works online or offline and reduces manual data entry.
  • Asset Inspectors and Administrators

What problems does Fixed Asset Tracking solve?

  • Low/no-value data (leading to an inefficient/poor decision-making process)
  • Inability to monitor and track asset condition in real time
  • Inaccurate inventory and tracking of fixed assets
  • Identifying ghost/zombie assets
  • Inefficient and error-prone paper documentation
  • Hard-to-use technology workers don’t want to utilize

What results can I see using Fixed Asset Tracking?

  • Up to 100% of fixed assets reconciled to meet audit and regulatory requirements 
  • Up to 99% accuracy of fixed asset financial statements 
  • Up to 40% improvement in employee productivity
  • Up to a 20% reduction in overpayment of federal, state and property taxes 
  • Up to a 17% reduction in insurance premiums

Based on clients’ best experiences.

What else do I need to use Fixed Asset Tracking?

  • Fixed Asset Tracking utilizes the native capabilities of existing mobile devices, so it's not necessary to purchase anything else to use the solution.
  • Fixed Asset Tracking can be used with other peripherals, such as scanners, mobile printers, etc.