What Is Asset Management Software?

In this article, we’ll define asset management software and how it can help drive business efficiency. Plus, we’ll walk through the inventory software features you’ll need for optimal asset tracking.

Asset Management Software Definition

Asset management software is a software system that stores data about your inventory, including quantity, location, value, and condition. Also known as asset tracking software, it can help businesses account for their property, streamline operations, identify inventory loss, and centralize all information about their assets. Asset management software allows you to track physical assets (ex: computers, equipment, vehicles) as well as non-physical assets such as software licenses

By properly utilizing an asset tracking app, your business will always know who was what, where, and in what condition. 


 

Features of Sortly asset management software

Beyond simply tracking your assets, good asset management software can help your business run smoother with a host of convenient features. Here are a few of Sortly’s best features for tracking assets.

Barcode and QR Code Scanning

Barcode and QR code scanning are automation features that can save your business a ton of time and money. Instead of manually tracking every asset, you can use your in-app scanner to check items in and out, update their status, or confirm details.

Best of all, there’s often no additional equipment required. You and your team can track assets from any device, any location.

Customizable Details

Sortly lets you customize your asset system to suit your unique business. Create your own custom fields, add photos, build your own folder structure based on your specific assets and inventory. If asset software is one-size-fits-all, it’s probably not a good fit for your unique business. We built Sortly to be customizable and flexible enough for any business.

Low Stock and Date-Based Alerts

Sortly sends you low stock alerts to remind you when your inventory falls below a certain threshold, which means you’ll never run out of the things you need. You can also set date-based alerts for your assets—such as equipment, machinery, or vehicles—when it’s time for maintenance or when the asset is approaching expiration or warranty end. You can select exactly who gets notified, when, and how. 

Multi-User System 

Your asset tracking software should be easy enough for your whole team to use. Even if only one person is managing inventory right now, you’ll want an app like Sortly that can grow with your business. Sortly lets you create custom user permissions, so you can control what different employees can see, edit and do. 

Simple, Intuitive Interface

The Sortly app is modern and intuitive. It’s so easy to use that there’s no training required—your team can get up and running and start tracking inventory and assets in minutes.
 

Experience the simplest inventory management software.

Are you ready to transform how your business does inventory?


 

Sortly Asset Management Software

Sortly is an end-to-end asset tracking solution that lets you organize, track, and manage your inventory from any device, in any location. Our easy-to-use mobile app lets you and your team track inventory on the job, including assets like tools and equipment. Tracking assets accurately with Sortly helps you keep your business efficient, maintain your assets over time, and serve your customers to their highest satisfaction.

With Sortly, you’ll always know who used what asset and when, which is especially important for high-value assets which often change hands and locations. You can use the built-in barcode generator to print and affix labels to physical inventory so your team can check assets in and out just by scanning. Your team can also track asset condition every time they check an item back in thanks to our quick inventory photo capabilities. It’s an easy, mobile solution for tracking the things that keep your business running.

If your company would benefit from improved inventory and asset tracking, try Sortly free for 14 days.