The Asset Tracking Challenge!
Managing assets efficiently is a major challenge for small and mid-sized businesses. This problem is not isolated to businesses, hotel, hospitals, and educational campuses also face similer issues.
Asset Audits
Manual stock-taking and asset verification take up valuable time.
Inaccurate Records
Errors in tracking lead to discrepancies in inventory and financial loss.
Misplaced or Lost
Difficulty in locating critical assets leads to operational delays.
Lack of Visibility
No real-time oversight on asset movement and usage.
The Right Solution for Asset Tracking
Features
- How It Works
Reads multiple tags at once without line-of-sight.
- Scanning Speed
Fast (100s of tags per second).
- Range
Can scan from several feet away.
- Automation
Works with fixed RFID readers & handheld scanners.
- Cost
Higher upfront cost (tags & readers).
- Best For
Warehouses, Manufacturing, Healthcare, High-volume Retail.
Features
- How It Works
Requires manual scanning of each barcode one by one.
- Scanning Speed
Slow (1 scan at a time).
- Range
Must be close to the barcode (1-2 ft max).
- Automation
Requires manual labor to scan every barcode.
- Cost
Lower initial cost, but higher labor costs over time.
- Best For
Small businesses, simple inventory systems, retail POS.
Scalable, Cost-Effective Asset Tracking
Whether you manage a small inventory or thousands of high-value assets, our solutions grow with your business needs—without breaking the budget.”
Scalable Growth
📍 Start small with barcodes or RFID and expand as your business grows.
📍 Cloud-based tracking requires no expensive infrastructure.
Cost Savings
📍 Reduce manual labor, prevent lost assets, and cut unnecessary purchases.
📍 Avoid overstocking by knowing exactly what you have.
Custom Fit
📍 Tailored for retail, warehouses, IT equipment, and healthcare.
📍 Choose RFID, barcodes, or QR codes based on your needs.
Seamless Integration
📍 Works with ERP, accounting, and inventory tools like QuickBooks & SAP.
📍 Supports mobile apps, handheld scanners, and real-time reports.
How Asset Tracking Works
Tagging Your Assets
Scanning & Data Capture
Cloud-Based Asset Visibility
Automate Reports & Audits
Do You Actually Need Asset Tracking?
If your business loses track of assets, spends too much time on manual audits, or faces compliance risks, it’s time for a digital solution. Use this framework to decide.
Decision Framework
If you answer YES to any of these, your business is losing money.
1. You own more than 100 assets (tools, equipment, IT devices, inventory, or rental assets).
2. You spend more than 10 hours per month tracking or auditing assets manually.
3. You replace lost or misplaced assets frequently, leading to unplanned costs.
4. Your industry has compliance requirements (audit logs, depreciation tracking, etc.).
If you manage 250+ assets, spend $500+ per month on asset replacements, and waste time on audits, an asset tracking system can pay for itself in under 6 months.
Hidden Costs
How much are you loosing due to an inefficient system ?
- $1.1 billion worth of tools & equipment are lost annually in construction.
- Retailers lose 1.4% of total sales to misplaced or stolen inventory.
- IT departments spend 20+ hours per month tracking devices manually.
Automating audits reduces labor by 30-50%.
Tracking high-value assets lowers theft & loss costs by up to 40% annually.
Recovering just 10% of lost assets can cover the cost of an RFID tracking system.
ROI Experiment
Would You Save More Than You Spend? Think about your business:
- How many assets do you misplace or lose per month?
- How much do replacements cost annually?
- How many labor hours are wasted searching for missing assets?
If your annual asset loss or manual labor costs exceed $5,000, asset tracking will pay for itself in months—not years.
- Want to calculate your ROI?
🔹 Let’s run the numbers together and see if asset tracking makes sense for your business.
Case Study: Securing IT Assets for a Global Tech Enterprise
The Problem
A large facilities management company managing multiple campuses for clients had a challenge in reconciling assets for owner audits.
TheSolution
Built and verified a digital asset register, tagged assets with QR codes, Barcodes and RFID tags. Final system was handed over to the client for future operations.