Track your valuable assets with asset tracking software

Asset tracking and asset management are both important aspects of fleet operations, although they serve different purposes. Asset Tracking refers to the process of monitoring an asset's location and status in real time, while asset management involves the strategic planning and decision making surrounding the entire lifecycle of an asset. Effective asset tracking helps improve asset management by providing accurate, updated information about an asset's location and usage. This information helps fleet operators make informed decisions about asset maintenance, utilisation and replacement.

Your organisation's assets may include a variety of tools, equipment, vehicles and IT systems. Common examples of fleet assets include heavy construction equipment, generators, light towers, scissor lifts and water tanks. Assets of high value should be monitored and tracked, as damage or theft of them can be costly and disruptive to your business. With telematics, you can keep your assets in good working order with maintenance notifications. You can also prevent theft via geofencing alerts.

A wide range of industries can benefit from asset tracking. Construction can keep track of equipment and heavy machinery across sites. Transport and professional services companies can keep track of trailers alongside trucks, and manage how they are utilised.

Healthcare providers can keep track of medical equipment, and educational institutions can use it for laboratory equipment to ensure it stays on campus.

If you have complete visibility over your assets, you can achieve two goals: save time and money. You can gain valuable insights into how assets are used (who, when, where, how) as well as about maintenance schedules, need for new equipment and theft prevention. All this invaluable data can be used to analyse your operation and support decision making, therefore, improving efficiency by maximising asset utilisation rates.

There is a range of methods to track assets either digitally or manually. Some companies prefer pen and paper while others prefer to use Excel. But the most effective and efficient way to monitor and track the utilisation of your company assets is with asset tracking software. Some asset tracking solutions offer mobile applications and scannable asset tags. Mobile allows you to easily track assets on the go. The tags help you identify assets and bridge the physical items with their information in the database. There are many options for tags including barcodes, QR codes and RFID tags. RFID tags allow fleet managers to identify drivers and which vehicles they use.

Asset tracking software uses GPS to determine the position of assets. It connects the location of your assets with software that collects asset data. Some features include geofencing, which uses GPS to define geographical boundaries. This is an important feature that can protect your assets from theft and unauthorised usage. Further, track and trace features can determine not only the current location of an asset but also historical locations of assets, which is useful for asset management and improving the utilisation of assets.

Webfleet Asset Tracking gives fleet managers total visibility over trailers and powered assets on a straight-­forward interface. Maintain your assets' security, value and effectiveness with accurate GPS positioning, utilisation reporting, maintenance notifications and much more.

Asset tracking is key to maintaining your assets' security and value. Knowing where your assets are — and how they're being used — is vital to your efficiency and profitability. Asset tracking, managed with telematics, ensures that you're in control of your organisation's assets. Asset tracking software simplifies your admin­is­trative processes, eliminating tedious paperwork.