# https://www.assetinfinity.com/ llms-full.txt ## Asset Management Software [![Schedule a demo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f70b2d2b43277eb25c320c_MicrosoftTeams-image%20(54).webp)\\ Schedule a demo](https://www.assetinfinity.com/schedule-a-demo) [![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709f92d171e7e308d8dd8_MicrosoftTeams-image%20(53).webp)\\ +1-855-823-2600 / +91-9798-500-500](tel:+18558232600) [![email](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709c080819121b1bc57f5_MicrosoftTeams-image%20(52).webp)\\ sales@assetinfinity.com](mailto:sales@assetinfinity.com?subject=Inquiry%20about%20Asset%20Infinity) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) ![menu](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bf74411f047_Menu%20Icon.svg) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) Features ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Solutions ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Resources ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) [Pricing](https://www.assetinfinity.com/#) [Partners](https://www.assetinfinity.com/#) [Contact](https://www.assetinfinity.com/#) [Sign In](https://www.assetinfinity.com/#) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Back [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Features](https://www.assetinfinity.com/#) Asset Management Inventory Management Schedules & Maintenance Helpdesk & Breakdown Purchase Management Usage Tracking Asset Infinity Store [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Solutions](https://www.assetinfinity.com/#) By Use Case By Industry By Job Role [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Resources](https://www.assetinfinity.com/#) Tools Learn Connect With Us # Boost Efficiency with Asset Management Software Simplify asset tracking and eliminate inefficiencies with our Asset Management Software. Centralize data, optimize utilization, and boost productivity using real-time insights. [get started for Free](https://www.assetinfinity.com/signup) [Schedule a free demo\\ ![right up arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/schedule-a-demo) ![Asset Infinity's Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/687f6ec95d7ef35b8b462adb_AI%20hero%20.png) ![Asset Infinity software Ratings](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67ea9ace31597c5fbd89a18a_Group%202609538.png) ### Based on Popular User Opinions ![asset infinity google review](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6874dccd54d5ed6b2c9c30a2_google-logo-transparent.png) [![asset infinity capterra review](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6874dccd8a3c9575d7beee81_Capterra-logo.png)](https://www.capterra.com/p/151567/Asset-Infinity/reviews/) [![asset infinity software advice review](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6874e1a75b83fbcec4caa50b_Software-Advice-logo.png)](https://www.softwareadvice.com/inventory-management/asset-infinity-profile/reviews/) ![asset infinity g2 review](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6874dccd1fd1acf60e3130b7_g2-crowd-logo.png) ### Download Our Mobile App for Free [![asset infinity google play store download](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/618bb842077a0d7388942bba_google%20play.webp)](https://play.google.com/store/apps/details?id=com.assetinfinity&hl=en)[![asset infinity apple app store download](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63c63aa0b8051f2a0274ba1c_NicePng_app-store-logo-png_2356693.webp)](https://apps.apple.com/in/app/asset-infinity/id1296187427) ## Trusted by Leading Enterprises ![Asset Infinity Partner Cushmam & Wakefield](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/687f75c6f0bb50df01bdb856_gsk.png)![Asset Infinity Partner Cushmam & Wakefield](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/680f4d492ce42e822db7fd14_AI%20Cushman%20%26%20Wakefield%20(1).png)![Asset Infinity Partner Spicejet](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/680f4d675ede350088f176e6_spicejet.png)![Asset Infinity Partner Sodexo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/687f72f05fae290628397d9a_2.png)![Asset Infinity Partner Sodexo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/687f63d4e19b45e9a0da4643_4833875164dd59632dfb484ebbea735d_Vedanta-Logo-PNG.png)![Asset Infinity Partner Sodexo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/687f63d3a47d5551ebb1c5f2_3198ab2d5ec68ebfff097aedf61ac25b_jio-bp-logo-png_seeklogo-509365.png)![Asset Infinity Partner Sodexo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/687f63d53811bdf9fe9f013e_dd5d92c10880e636689a803c27cbdc1f_zomato.png)![Asset Infinity Partner Sodexo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/687f63d4fb939bcb2d504375_1c2285101dc005d29bf6ab96acb4b91c_sunlife.png)![Asset Infinity Partner Sodexo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/687f63d26bba202517a75291_12f0e68505849a1e0671fbf92f2989ce_Pfizer_%282021%29.png)![Asset Infinity Partner KFC](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/680f4d5987923f92446f65bb_AI%20KFC%20(1).png)![Asset Infinity Partner Sodexo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/687f64f4a30244ec1959f503_8efbc30108efd13aa3e46f3d260f8954_Loreal%20Logo.png)![Asset Infinity Partner Radisson](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/680f4d611a271db9e0630986_AI%20Radission%20(1).png)![Asset Infinity Partner Sodexo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/687f63d46afc5de22e4eb263_0c757046ce102c55da89e54a380bbb85_BNPP.png)![Asset Infinity Partner Sodexo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/687f63d48ba0317406778c6f_b7faef888863e5630039217fd124e808_Vodafone-Logo.wine.png)![Asset Infinity Partner Sodexo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/687f63d456c98591ef542059_af13c8538aaf43cdf7c072843f5b1cd2_walmart.png) ## Scalable & Future-Ready Asset Management Software Solution Asset Infinity’s asset management software delivers a robust, scalable solution to streamline operations, ensure regulatory compliance, and maximize asset life cycle performance—empowering your organization to stay efficient and future-ready. ![Asset Management Software Trail](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fe44f40af4a0d4aeb44ebc_EAM%201st.webp) ### Enterprise Asset Management Software #### Eliminate Asset Downtime \| Maximize Efficiency \| Gain Complete Control Inefficient asset tracking software and manual processes lead to downtime, unnecessary costs, and compliance risks. Asset Infinity’s Enterprise Asset Management Software provides a centralized, automated solution to help businesses streamline asset operations, optimize maintenance workflows, and ensure regulatory compliance with real-time insights and predictive analytics. [Read More\\ ![right up arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/features/asset-management) ### Never Lose Track of Your Valuable Assets Again #### Real-Time Tracking to Improve Accountability & Reduce Loss Struggling with lost or misplaced assets? Asset Infinity’s real-time asset tracking software uses RFID, QR codes, and barcodes to track asset location, usage, and ownership with precision. Gain complete control over your asset inventory, cut operational inefficiencies, and avoid costly replacements with centralized monitoring and automated RFID-enabled tracking for all business-critical assets. [Read More\\ ![right up arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/solutions/rfid-asset-tracking) ![Never Lose Track of Your Assets Again](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fe4b0f41404052bbb79f0e_Never%20lose%20track%20of%20your%20asset%20again%20(2)%20(1).webp) ![Audit and Physical Asset Verification Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6820f36f11028667c6cfd9cd_high%20quality%20infos%201.webp) ### IT Asset Tracking Software #### Why IT Asset Tracking Matters Is inaccurate IT asset data impacting operations and compliance? Asset Infinity’s IT asset tracking software helps maintain reliable records through real-time monitoring and periodic audits—improving accuracy, accountability, and cost efficiency. Keep your asset information current and your IT operations running smoothly with complete visibility and control. [Read More\\ ![right up arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/solutions/it-asset-tracking) ### Maximize Asset Utilization & Eliminate Redundant Purchases #### Complete Lifecycle Management from Acquisition to Disposal Asset Infinity’s asset verification software and lifecycle management solution helps businesses track assets across every stage—procurement, utilization, transfer, and retirement—with complete visibility. Eliminate waste, reduce excess costs, and drive asset efficiency with centralized automation and actionable insights. Eliminate waste, cut excess costs, and maximize asset efficiency. [Read More\\ ![right up arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/features/asset-verification) ![Maximize Asset Utilization & Eliminate Redundant Purchases](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67f76dd01194b012eb904b6b_Maximize%20asset%20utilization.webp) ## **Asset Management That Delivers Measurable Efficiency** 99% Accurate Asset Tracking 55% Reduction in Asset Downtime 60% Increase in Asset Lifecycle 45% Reduction in Operational Costs 100+ Industries Transformed Worldwide ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6814b91fcd46279cfe4370b7_organizations.png) ### 2300+ organizations across the globe ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6814b91ffdde9536d486e635_assets%20tracked.png) ### 90M+ assets tracked ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6814b91ff92b4ed9fcf946c6_RFID%20Tags.png) ### 43M+ RFID, QR & Barcode tags installed ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6814b91fb2da3ec5506f54aa_active%20user%20base.png) ### 2M+ active user base ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6814b91f3e5d79ddbdb59700_audits%20performed.png) ### 1.4M+ audits performed ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6814b91ff92b4ed9fcf946b7_Presence%20accross%20countries.png) ### 60 Presence across countries ## Optimizing Asset Management with Proven Global Impact ### 2300+ Global organizations served ### 90M+ Assets under management ### 43M+ RFID, QR & barcode tags deployed ### 2M+ Active users worldwide ### 1.4M+ Audits successfully conducted ### 60+ Countries with operational presence ## Industry-Focused Asset Management Solutions for Superior Support Tailored to the unique needs of your industry, our Asset Management Software delivers precise tools for tracking, maintaining, and optimizing assets. From Manufacturing to IT & ITES, we empower organizations to maximize efficiency and control. [Manufacturing & Production](https://www.assetinfinity.com/#w-tabs-2-data-w-pane-0) [Healthcare](https://www.assetinfinity.com/#w-tabs-2-data-w-pane-1) [Logistics & Supply Chain](https://www.assetinfinity.com/#w-tabs-2-data-w-pane-2) [Oil & Gas Industry](https://www.assetinfinity.com/#w-tabs-2-data-w-pane-3) [Construction](https://www.assetinfinity.com/#w-tabs-2-data-w-pane-4) [IT & ITES](https://www.assetinfinity.com/#w-tabs-2-data-w-pane-5) ### Optimizing Asset Management in Modern Manufacturing Enhance production efficiency, reduce equipment downtime, and streamline operations with real-time asset tracking software for factories and industrial plants. ![Optimizing Asset Management in Modern Manufacturing](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6874b8630530c9f59f09b782_manufacturing.png) - Real-time monitoring of machinery and critical equipment. - Automated maintenance scheduling to avoid sudden breakdowns. - Improved asset lifecycle management for long-term cost savings. [Know More\\ ![right up arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/solutions/manufacturing) ### Streamlining Asset Management in Global Healthcare Ensure medical equipment availability, minimize downtime, and improve patient care with advanced asset tracking for hospitals and clinics. ![Streamlining Asset Management in Global Healthcare](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6874b833a4ecd9797b7bafb5_Healthcare%20industry.png) - Real-time monitoring of machinery and critical equipment. - Automated maintenance scheduling to avoid sudden breakdowns. - Improved asset lifecycle management for long-term cost savings. [Read More\\ ![right up arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/solutions/hospital) ### Efficient Asset Management in Logistics & Supply Chain Improve fleet efficiency, track inventory in real time, and optimize warehouse operations with intelligent asset verification software. ![Efficient Asset Management in Logistics & Supply Chain](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6874b83094ee9c70a01a63f8_Logistics%20and%20supply%20chain.png) - GPS-enabled tracking for all vehicles and shipments worldwide. - Automated service alerts for smarter fleet-wide management. - Reduced asset losses using precise inventory monitoring tech. [Read More\\ ![right up arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/solutions/logistics) ### Advanced Asset Management for Oil & Gas Industry Optimize asset performance, ensure regulatory compliance, and minimize operational risks with real-time tracking for critical equipment. ![Advanced Asset Management for Oil & Gas Industry](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6874b8332dbe4fbcb6cad136_Oil%20and%20gas.png) - Predictive maintenance to avoid costly equipment failures. - Regulatory tracking for strict safety compliance standards. - Optimized asset usage to drive higher team productivity goals. [Read More\\ ![right up arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/solutions/oil-and-gas) ### Smart Asset Tracking Across All Construction Projects Enhance site efficiency, track heavy machinery, and reduce project delays with seamless asset management for the construction industry. ![Smart Asset Tracking Across All Construction Projects](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6874b8636315eb43ff6c04d3_construction.png) - Real-time location tracking of all tools and equipment use. - Automated maintenance scheduling to prevent costly downtime. - Cost control enabled through smart asset planning and use. [Read More\\ ![right up arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/solutions/construction-infrastructure-management-industry) ### Maximizing IT & ITES Asset Value and Operational Efficiency Simplify IT asset management software, optimize resource allocation, and ensure compliance with automated tracking for IT infrastructure. ![Maximizing IT & ITES Asset Value and Efficiency](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6874b8630e3f923e01a54298_IT_ITES.png) - Automated tracking of all IT hardware and licensed software. - License and warranty tracking to maintain full compliance. - Cost optimization using real-time asset usage insights. [Know More\\ ![right up arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/solutions/it-and-ites) ## Upgrade from Spreadsheets to a Smarter, Cloud-Based Asset Management Software [get started for free](https://www.assetinfinity.com/signup) [Schedule a Free Demo\\ ![right up arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fe41615f933a91e14b12b3_Up%20Left%20white.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/schedule-a-demo) ## Key Features That Redefine Asset Management [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/682dad29b2c7796589e010d6_Asset%20reservation.webp)**Asset Reservation & Booking** \\ Reserve and manage detailed asset data for bookings, ensuring availability and usage clarity.](https://www.assetinfinity.com/add-ons/asset-reservation) [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/682dad27d301970b9b250c42_Floor%20Plan.webp)**Asset Floor Planning Control** \\ Assign and manage assets in floor plans to optimize allocation and ensure clear accountability.](https://www.assetinfinity.com/add-ons/floor-plan) [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/682dad294e8483341895e59c_CWIP.webp)**CWIP Tracking & Reporting** \\ Track, manage, and report CWIP assets with QR code scanning for accurate project visibility.](https://www.assetinfinity.com/add-ons/cwip-capital-work-in-progress) [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/682dad2a2686e716bed2a7f9_Asset%20depreciation.webp)**Asset Depreciation Process** \\ Calculate and track asset depreciation schedules for compliance and accurate reporting needs.](https://www.assetinfinity.com/solutions/asset-depreciation) [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/682db90e470c9b68c930250d_Audit%20(1).webp)**Asset Audits & Inspections** \\ Conduct accurate audits and physical verification to prevent asset loss and ensure compliance.](https://www.assetinfinity.com/features/audit-and-verification) [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/682dad2af0abc53ce04bccef_RFID.webp)**RFID Asset Tag Scanning** \\ Use fixed or handheld RFID devices to locate, verify, and manage tagged assets efficiently.](https://www.assetinfinity.com/solutions/rfid-asset-tracking) [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/682dad29b2c7796589e010d6_Asset%20reservation.webp)**Asset Reservation & Booking** \\ Reserve and manage detailed asset data for bookings, ensuring availability and usage clarity.](https://www.assetinfinity.com/add-ons/asset-reservation) [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/682dad27d301970b9b250c42_Floor%20Plan.webp)**Asset Floor Planning Control** \\ Assign and manage assets in floor plans to optimize allocation and ensure clear accountability.](https://www.assetinfinity.com/add-ons/floor-plan) [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/682dad294e8483341895e59c_CWIP.webp)**CWIP Tracking & Reporting** \\ Track, manage, and report CWIP assets with QR code scanning for accurate project visibility.](https://www.assetinfinity.com/add-ons/cwip-capital-work-in-progress) [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/682dad2a2686e716bed2a7f9_Asset%20depreciation.webp)**Asset Depreciation Process** \\ Calculate and track asset depreciation schedules for compliance and accurate reporting needs.](https://www.assetinfinity.com/solutions/asset-depreciation) [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/682db90e470c9b68c930250d_Audit%20(1).webp)**Asset Audits & Inspections** \\ Conduct accurate audits and physical verification to prevent asset loss and ensure compliance.](https://www.assetinfinity.com/features/audit-and-verification) [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/682dad2af0abc53ce04bccef_RFID.webp)**RFID Asset Tag Scanning** \\ Use fixed or handheld RFID devices to locate, verify, and manage tagged assets efficiently.](https://www.assetinfinity.com/solutions/rfid-asset-tracking) [See All Features\\ ![Right Up Arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/features) ### Connect & Automate with Powerful Integrations Asset Infinity’s asset verification software integrates effortlessly with ERP systems (SAP, Oracle, Dynamics), IT tools (Intune), SSO platforms (Azure AD, Okta), HRMS (Zoho People), and automation tools (Zapier, Zoho Flow). With support for RFID, GPS, and barcode hardware like Zebra and Chainway, you can automate tracking, streamline audits, and maintain accurate, real-time asset data—across every department. [Explore Integrations\\ ![Right Up Arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/features/integrations) ![Connect & Automate with Powerful Integrations](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/680b7a0c963fef9ac2357af2_09f3e8f3d2d892b7aeabed868a5b6d57_Asset%20Infinity%20Integrations%20Infographic%20%281%29.webp) ## Unlock Solutions: Explore Our Suite Discover powerful tools designed to streamline and optimize your business operations. ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61b9be1916d3775eebf71691_Asset%20Infinity%20-%20Asset%20Management%20software.ico) #### Asset Infinity Asset Tracking and Asset Management Software [Know More\\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/66b5f599072c3687d425117c_stock.webp) #### Stock Inventory Tracking and Stock Management Software [Know More\\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.infizo.com/stock) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/66b5f59a072c3687d42511e0_desk.webp) #### Desk Helpdesk, Ticketing and Incidence Management Tool [Know More\\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.infizo.com/desk) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/680724f561178eb4919dec24_key%20features%20dots%20bg%20(1).webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/680724f561178eb4919dec24_key%20features%20dots%20bg%20(1).webp) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/66b5f59a072c3687d42511eb_procure.webp) #### Procure Purchase & Procurement Management Software [Know More\\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.infizo.com/procure) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/66b5f59a072c3687d42511f0_usage.webp) #### Usage Utility Management & Tracking Software [Know More\\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.infizo.com/usage) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/66b5f59b072c3687d4251243_builder.webp) #### Builder No code, Low code Application Builder Platform [Know More\\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.infizo.com/builder) ## Explore Our Bundle ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/66b5f59b072c3687d4251248_cmms.webp) #### CMMS Computerized Maintenance Management Software [Know More\\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67eaa3d22597de32522512a3_Up%20Left.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.infizo.com/cmms) ![asset management software Google store download](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/618bb842077a0d7388942bba_google%20play.webp)![asset infinity apple app store download](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63c63aa0b8051f2a0274ba1c_NicePng_app-store-logo-png_2356693.webp) ## Track, Manage & Control Assets On-the-Go with Our Mobile App Stay in control wherever you go with Asset Infinity’s mobile app- Track, verify, and manage assets in real time—on-site or remotely. Perform audits, raise tickets, and scan barcodes with ease. Fast, simple, mobile asset management. [get started for free](https://www.assetinfinity.com/signup) [Schedule a Free Demo\\ ![Right Up Arrow](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fe41615f933a91e14b12b3_Up%20Left%20white.webp)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fd038962a56b44c778bdb7_Up%20Left%20Black.webp)](https://www.assetinfinity.com/schedule-a-demo) ![asset management platform Free Trail](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67f7ac09d0cb080fa6b41bea_Mobile%20section%20homepage%20(800%20x%20660%20px)%20(3).webp) ## Start Asset Infinity in 3 Easy Steps! Sign up, set up, and take control of  asset management effortlessly with Asset Infinity. ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/686e426539e42783004e7d8f_Group%201242154090.png) Sign Up Fill out your details and start your free trial. ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/686e47bc9c00136ae6907a8d_Group%201242154091.png) Set Up Your Account Add your assets and configure your settings effortlessly. ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/686e47bbb5c292cde4a54007_Group%201242154092.png) Start Managing Track, manage, and optimize your assets seamlessly. ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/686e450936c79ebb53e7c9a1_Ellipse%2079.png)![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/686e4508101798280f82d16f_Ellipse%2081.png) ## Partner Today with Asset Infinity and Start Delivering Smarter Solutions Unlock new revenue opportunities by offering clients a smarter way to track, manage, and control their assets. As a partner, you gain access to our powerful platform, sales support, and training—helping you grow your business while delivering real value to customers. [Partner Query](https://www.assetinfinity.com/partners) #### Infizo Products & Bundles [![asset infinity logo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61b9be1916d3775eebf71691_Asset%20Infinity%20-%20Asset%20Management%20software.ico)\\ \\ **Asset Infinity** \\ \\ Asset Tracking and Asset Management Software](https://www.assetinfinity.com/) [![Inventory Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/66b5f599072c3687d425117c_stock.webp)\\ \\ **Stock** \\ \\ Inventory Tracking and Stock Management Software](https://www.infizo.com/stock) [![Hep Desk Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/66b5f59a072c3687d42511e0_desk.webp)\\ \\ **Desk** \\ \\ Helpdesk, Ticketing and Incidence Management Tool](https://www.infizo.com/desk) [![Purchase Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/66b5f59a072c3687d42511eb_procure.webp)\\ \\ **Procure** \\ \\ Purchase & Procurement Management Software](https://www.infizo.com/procure) [![Utility Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/66b5f59a072c3687d42511f0_usage.webp)\\ \\ **Usage** \\ \\ Utility Management & Usage Tracking Software](https://www.infizo.com/usage) [![No Code Application Builder Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/66b5f59b072c3687d4251243_builder.webp)\\ \\ **Builder** \\ \\ No code, Low code Application Builder Platform](https://www.infizo.com/builder) [![Software for Asset Management ](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/66b5f59b072c3687d4251248_cmms.webp)\\ \\ **CMMS** \\ \\ Computerized Maintenance Management Software](https://www.infizo.com/cmms) ### **Extendable with Add-Ons** Enhance your asset management capabilities with a range of add-ons designed to expand the functionality of our asset management platform. Our add-ons include: ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/664db3852c94cbd06ac848ec_Equipment%20and%20Machinery%20Management.webp) ### **RFID Handhelds** Optimize asset tracking with portable RFID devices that enable quick identification and location tracking ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/664db39d22c1f1d40c969706_Audit%20and%20Compliance.webp) ### **GPS Monitoring** Implement real-time tracking of assets and fleet using GPS devices for precise location data ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/664db3b0a732090659ca156e_Check-In_Check-Out%20Systems.webp) ### **Asset Requests** Allow users to raise requests for assets or select from a catalog of asset types, streamlining asset distribution ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/664db3c553400c29804fadd6_RFID%20Tagging%20for%20Real-Time%20Tracking.webp) ### **CWIP** Manage construction work in progress by tracking vendor invoices and merging or splitting invoices to create assets ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/664db3dd345a48040e6c1a1b_Asset%20Disposal%20and%20Decommissioning.webp) ### **RFID Fixed Readers** Enhance asset identification and tracking in fixed locations using RFID technology. ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/664db3ed6f9c03f2aa7b7d5f_Depreciation%20Management.webp) ### **Add-Ons for Customization** Expand your asset management with custom fields, coding structures, & more to meet specific business requirements [![Asset Infinity Logo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/614b0f4db3d97972bd973d1f_asset-icon.webp)](https://www.assetinfinity.com/) ![call icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fe0f98893d1e1fd73e2668_call-dropped-rounded.webp) [+1-855-823-2600 /\\ \\ +91-9798-500-500](https://www.assetinfinity.com/contact-us) ![email icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fe0f97c7e54137211c96d6_mail-pencil.webp) [sales@assetinfinity.com](https://www.assetinfinity.com/contact-us) ![Asset Management Software India New York USA](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fe0e731904d116ebe55606_new-york-liberty-statue.webp) [PcsInfinity Pvt. 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All Rights Reserved. # Asset Management Software ## Make the most of your assets and equipments Managing & tracking your assets and maintenance in spreadsheets? Lost track of your assets, equipment, tools? **‍** **Asset Infinity, Asset Management & Tracking Software** helps in tracking and maintaining your assets, equipment, inventory, tools, & much more, centrally from anywhere and anytime. [Sign Up for Free](https://www.assetinfinity.com/signup) [Schedule a Demo](https://www.assetinfinity.com/schedule-a-demo) **Start with a 14-day free trial. No credit card required.** [![Leading Asset Tracking Management Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/685be07720fc71e80e06c3b5_AI%20homepage%20hero%20image.webp)](https://www.assetinfinity.com/#) ## Asset management software trusted by hundreds of organizations worldwide across different industry verticals ![Sodexo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/614854dd973db63e5a06f09e_sodexo.webp) ![spicejet](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63bf8f35596e7d6ea7830182_614854e83827995b909b4669_spice-jet.webp) ![Kingdom of the Netherlands](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/614854ff9066ed5b0075220c_kinddom-of-netherland.png) ![Cushman & Wakefield](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6148550d207d5ac06a30593a_cushman.webp) ![Amazon Logistics](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/614855216c26bc29c014fb7e_amazon-logistics.png) ![CMA CGM](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6148560c0a5236d6edbf7180_cma-cgm.png) ![KFC](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/614859d0bb496af27b7da273_kfc.webp) ![Home Pro](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/614859c225f4fbec09eecb3b_home-pro.png) ![Radisson](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63bf8fcdf41daf4dbd872d77_614858f1f7cdc124ef709053_radisson.webp) ![Pizza Hut](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/614858bf0d5cfe351fc6b6d3_pizza-hut.png) ![Laureate Vocational Saudi Arabia](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63bf8f8179c8e2af278cfcdd_61485650be52482995320f19_laureate.webp) ![Hyatt](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61485758eaff63ddd65cc17d_hyatt.webp) ## Reviewed and Recommended by the Industry [![capterra](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6499a6850bf30d99446427f0_badge.svg)](https://www.capterra.com/p/151567/Asset-Infinity/reviews/)[![getapp](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6499a77d7a61199c44f071b2_MicrosoftTeams-image%20(134).png)](https://www.getapp.com/operations-management-software/a/asset-infinity/reviews/)[![software advice](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/64e83da6689c0f512056b4eb_New%20Project%20(22).webp)](https://www.softwareadvice.com/cmms/asset-infinity-profile/reviews/)[![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/675809ddd00e35568d4058da_getapp%20badge%202024.webp)](https://crozdesk.com/software/asset-infinity)[![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/675809ddc9bb87876632cf4c_capterra%20badge%202024.webp)](https://crozdesk.com/software/asset-infinity)[![quality choice](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/64e8363eff7569e887a096fb_New%20Project%20(14).webp)](https://crozdesk.com/software/asset-infinity)[![trusted vendor](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/64e834da31cc23753bbc4d6d_New%20Project%20(11).webp)](https://crozdesk.com/software/asset-infinity)[![happiest users](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/64e835f231cc23753bbd8a21_New%20Project%20(13).webp)](https://crozdesk.com/software/asset-infinity)[![capterra](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/64e83c8077552da1295f05e7_New%20Project%20(19).webp)](https://crozdesk.com/software/asset-infinity)[![star level one badge](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/66cc66b72b65742716feba74_New%20Project%20(34).webp)](https://www.assetinfinity.com/#) **asset Management & tracking Software** ## Simple asset management software to manage and track your complete asset life cycle Keep an eye on all your assets from single dashboard with our asset management software system. Track, record all types of assets & inventory movements along with depreciation calculations. **Never lose track of your assets & inventory items again!** [Read More ➝](https://www.assetinfinity.com/solutions/it-asset-tracking) [Get Started for Free](https://www.assetinfinity.com/signup) [Schedule a Demo](https://www.assetinfinity.com/schedule-a-demo) [![asset management and tracking software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6570577eb44cc2d22afc4636_Asset%20Transfer%20-%202nd.webp)](https://www.assetinfinity.com/#) ## Our Asset Management Software Features [Asset Tracking](https://www.assetinfinity.com/#w-tabs-3-data-w-pane-0) [Inventory Management](https://www.assetinfinity.com/#w-tabs-3-data-w-pane-1) [Physical Verifications & Audits](https://www.assetinfinity.com/#w-tabs-3-data-w-pane-2) ![Asset Tracking and Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61b0893e728b9d2544fdeb2a_img2.webp) ### Asset Tracking Solution - Tag assets using barcodes, QR codes, RFID or NFC with our [Asset Tracking Solutions](https://www.assetinfinity.com/solutions/it-asset-tracking). - Track assets between locations, employees or departments using simple check-in/outs. - Record depreciations and manage disposal of yor assets using configurable workflows. [Read More →](https://www.assetinfinity.com/solutions/it-asset-tracking) [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/685bdda8c3016ab3b5f36382_Inventory%20Mgmt%20(1).webp)](https://www.assetinfinity.com/#) ### Inventory Management - Manage all your spares and consumables of your inventory, warehouses, with a simple yet comprehensive [inventory management software](https://www.assetinfinity.com/features/inventory-management-software). - Maintain minimum stock levels for items at locations, assigned to users or assets. [Read More →](https://www.assetinfinity.com/features/inventory-management-software) [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/685be3338eb947441396bdd9_Physical%20Ver%20%26%20Audit%20(1)%20(1).webp)](https://www.assetinfinity.com/#) ### Physical Verifications and Audits - Physically count all the assets by just scanning QR/barcodes. - Automatically mark assets as present with an option to record their geo-coordinates. - Launch [self-audits](https://www.assetinfinity.com/features/asset-verification) for self-declaration of assets assigned to each employee. [Read More →](https://www.assetinfinity.com/features/asset-verification) [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/685bdd5c47a49b0445da412d_6570583270616eb020272153_CMMS%20(1)%20(1).webp)](https://www.assetinfinity.com/#) **Maintenance Management (CMMS)** ## Only CMMS tool your maintenance and facilities teams will need Scheduled & breakdown maintenance for all your assets and equipment with our asset management & maintenance tool. A complete [help desk solution](https://www.assetinfinity.com/features/helpdesk-breakdown) for your service engineers, technicians and facility managers. [Read More ➝](https://www.assetinfinity.com/features/maintenance-schedule) [Get Started for Free](https://www.assetinfinity.com/signup) [Schedule a Demo](https://www.assetinfinity.com/schedule-a-demo) [Preventive Maintenance](https://www.assetinfinity.com/#w-tabs-4-data-w-pane-0) [Incident/Breakdown Maintenance](https://www.assetinfinity.com/#w-tabs-4-data-w-pane-1) [Usage & Utility Tracking](https://www.assetinfinity.com/#w-tabs-4-data-w-pane-2) [![preventive maintenance](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6570585af58cb94f7ad849fc_Preventive%20Maintenance.webp)](https://www.assetinfinity.com/#) ### Preventive Maintenance - Asset Infinity, asset management solution schedules & manages your recurring maintenance activities and tasks. - Send reminders through emails, mobile notifications and text messages. [Read More →](https://www.assetinfinity.com/features/preventive-maintenance-software) [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/685be0ffc4fbf08d864465de_IncidentBreakdown%20Maintenance%20(1).webp)](https://www.assetinfinity.com/#) ### Incident/Breakdown Maintenance - Record breakdowns, incidents or faults related or not related to the assets through mobile apps, web or just emails. - Automatically assign incidents to the right group of users based on type of problems, locations or category of assets. - See how many incidents or tickets are open, assigned, closed or put on hold. [Read More →](https://www.assetinfinity.com/features/helpdesk-breakdown) [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/685bdf115577e3ddf18df6c5_Usage%20%26%20Utility%20Tracking%20(1).webp)](https://www.assetinfinity.com/#) ### Usage and Utility Tracking - Keep track of your anything that is metered like electricity, water, gas and other asset related parameters. - Manually record readings or integrate with APIs to automatically fetch readings from [IoT](https://www.assetinfinity.com/blog/what-is-iot-and-how-is-it-helpful-in-asset-management) devices and sensors. - Setup thresholds and receive warnings on emails, mobile and text. [Read More →](https://www.assetinfinity.com/features/usage-tracking) **Purchase management** ## Avoid redundant asset and inventory purchases Procurement system for easy [assets & item requisitions](https://www.assetinfinity.com/features/purchase-requisition-software) to purchase orders to goods receiving. [Read More ➝](https://www.assetinfinity.com/features/procurement-management) [Get Started for Free](https://www.assetinfinity.com/signup) [Schedule a Demo](https://www.assetinfinity.com/schedule-a-demo) [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/685be1de66ee39f98c819f02_Purchase%20Requisition%20(1).webp)](https://www.assetinfinity.com/#) [Requests & Fullfilment](https://www.assetinfinity.com/#w-tabs-5-data-w-pane-0) [Purchase Orders & Receiving](https://www.assetinfinity.com/#w-tabs-5-data-w-pane-1) [![Purchase Orders](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/685be178d35551d5b85a5bbd_PO%20List%20(1).webp)](https://www.assetinfinity.com/#) ### Requests & Fullfilment - Allow your organization employees to raise requests for assets & items. - Assign requests after approval workflows. - Asset Infinity finds the unassigned stock for these requests automatically. [Read More →](https://www.assetinfinity.com/features/purchase-requisition-software) [![purchase-ordering-tab-image](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61b0a9092beee79cd5477ec7_img9.webp)](https://www.assetinfinity.com/#) ### Purchase Orders & Receiving - Create [purchase orders](https://www.assetinfinity.com/features/purchase-order-system) to your vendors for purchasing new assets & items. - Setup configurable workflows to approve orders based on total amounts. - Send PO copies to vendors directly or create PDF prints with your branding. - Create Goods Receipt Note once the assets and items are shipped to you. [Read More →](https://www.assetinfinity.com/features/purchase-order-system) ## Switch from Excels and Spreadsheets to a Cloud-Based Asset Management Software ## Asset Management System with Enterprise Level Features ![Asset Infinity - asset management software mobile app](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6149752fc91a03f95ce90612_mobile-app.png) ### Mobile Apps - [Asset Infinity mobile apps](https://www.assetinfinity.com/features/mobile-apps) are available in Google Play Store for Android & Apple App Store for iOS - Access all data offline - add/update assets, scan & view asset details and sync up automatically when your phone is connected to internet via our asset management app. - Asset Infinity mobile apps work with industry leading handhelds from Zebra, Honeywell, Chainway and a lot more [Read More →](https://www.assetinfinity.com/features/mobile-apps) ![Integration - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6149753a23c68b4e9a311290_integration.webp) ### Integrations - [Asset Infinity integrates](https://www.assetinfinity.com/features/integrations) with your ERP or any other application using APIs or Flat files. - Our asset management software is compatible with many hardware integrations with devices from Zebra, Honeywell, etc. - Single Sign-on with using Azure AD and SAML2.0 supporting Okta, OneLogin, NetIQ and many others [Read More →](https://www.assetinfinity.com/features/integrations) ![Support System - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6149754684df898b233ed1cd_support.webp) ### Support - Our product specialists are available 24x7 on phone and email to answer all your queries - A vast knowledge base to get you started in no-time - [Premium support options](https://www.assetinfinity.com/features/support) to help enterprises with dedicated hand-holding and assisted onboarding [Read More →](https://www.assetinfinity.com/features/support) ![Data Security - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6149754be6e1f0f1ccd10f4e_security.webp) ### Security - Asset Infinity is ISO 27001 certified - a well known certification for security standards - Hosted on Microsoft Azure data centers, Asset Infinity provides a 99.9% up-time and enterprise grade security - Enterprise authentication and authorization methods or role based access control to keep all your [data secure](https://www.assetinfinity.com/features/security) [Read More →](https://www.assetinfinity.com/features/security) ## Asset Infinity is a leading asset management software trusted by world's renowned brands "Asset Infinity has helped us in aligning our IT and admin assets. All our assets are now tagged, correctly identified, and automatically audited every 6 months!" Charles Miller Asset Manager with a leading Airlines "It is a unique cloud based solution. Very rich functionalities and features fits to all industries. The support and onboarding have been very good." Catherine Lim CEO "We are now able to track each and every asset in organization very effectively. The reminders and alert facility is very useful for receiving the asset back issued for definite time period." Jitendra B. CIO with a leading IT company ## Simplify assets and equipment tracking with Asset Infinity From small teams to large enterprises, Asset Infinity is the go-to **Enterprise Asset Management (EAM)** solution for **tracking equipment and optimizing the entire asset lifecycle.** Simplify operations, improve asset performance, and reduce downtime with our powerful and intuitive platform. [Get Started for Free](https://www.assetinfinity.com/signup) [Schedule a Free Demo](https://www.assetinfinity.com/schedule-a-demo) We're Online! How may I help you today? ## Procurement Budget Management ![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931256f0db42c8f1d5b_phone-call.png) +1-855-823-2600 / +91-9798-500-500 ![calendar icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931ed043fc9bced2656_calendar.webp) Schedule A Call ![email icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931adf80b4e4ec14aeb_email.webp) sales@assetinfinity.com [![Schedule a demo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f70b2d2b43277eb25c320c_MicrosoftTeams-image%20(54).webp)\\ Schedule a demo](https://www.assetinfinity.com/schedule-a-demo) [![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709f92d171e7e308d8dd8_MicrosoftTeams-image%20(53).webp)\\ +1-855-823-2600 / +91-9798-500-500](tel:+18558232600) [![email](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709c080819121b1bc57f5_MicrosoftTeams-image%20(52).webp)\\ sales@assetinfinity.com](mailto:sales@assetinfinity.com?subject=Inquiry%20about%20Asset%20Infinity) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) ![menu](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bf74411f047_Menu%20Icon.svg) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) Features ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Solutions ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Resources ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) [Pricing](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [Partners](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [Contact](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [Sign In](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Back [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Features](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) Asset Management Inventory Management Schedules & Maintenance Helpdesk & Breakdown Purchase Management Usage Tracking Asset Infinity Store [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Solutions](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) By Use Case By Industry By Job Role [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Resources](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) Tools Learn Connect With Us [Home](https://www.assetinfinity.com/) \> [Features](https://www.assetinfinity.com/features) \> [Purchase Management](https://www.assetinfinity.com/features/procurement-management) \> [Add-ons](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) \> Budgets for Procurement # Budgets for Procurement **Track Budgets at project, department or category level** **Simplify the whole Process of Budgeting** - Asset Infinity's Procurement Management includes a Budget for Procurement feature, enabling organizations to effectively plan and control finances in their procurement process. Set and manage budgets, monitor expenditure, and generate real-time reports for informed decision-making, cost savings, and a transparent workflow. Streamline your budget management with Asset Infinity's comprehensive procurement solution [![procurement budgeting process](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b19046daa252489a902aa_screens1.webp)](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) ## **Streamlining Budget Allocation with** **Asset Infinity** ![Complete Information](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648977e693821e6d2ee26b11_Financial%20Control.svg) ### **Spend** **Visibility** Geta clear spend visibilityfor all projects, departments and category. Easy understanding of what is happening at different levels ![Easy Checkin-check-out](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648977f657c8113a87392a2c_Expense%20Tracking.svg) ### **Improved Financial Planning** By tracking budgets at various levels, organizations can strategically allocate resources & ensure efficient financial planning ![Accurate Asset Tracking reports](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/64897801e748aa8993f57661_Cost%20Optimization.svg) ### **Enhanced Cost Control** Tracking budgets allows better control over expenditures, preventing overspending and promoting cost savings ## Budget Allocation at it's Best ## **Prevent unnecessary spending and enable timely corrective actions** Integrating budgets into requests, purchase orders, or CWIP simplifies the procurement process. Budget information is automatically considered while creating these documents, ensuring that spending aligns with the available budget. This streamlines the workflow, eliminates manual budget checks, and minimizes the risk of budgetary discrepancies ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648978125f84a293770800e2_Budget%20Creation.svg) Improved Financial Planning ![Asset Theft Prevention](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6489781b5474e6091e9d4ea4_Budget%20Allocation.svg) Enhanced Cost Control ![Eliminate Ghost assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/64897827cd86d636c14863e0_Real-Time%20Expense%20Tracking.svg) Streamlined Procurement Process ![Eliminate Ghost assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648978359070ba7656d8333d_Budget%20Adjustments.svg) Real-time Insights [![procurement budget planning](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b193b5cd44645682dc964_screens2.webp)](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [![procurement planning and budgeting](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b1a1927263e7ff8657c32_MicrosoftTeams-image%20(131).webp)](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) ## Budgets for Procurement ## **Keep a Track of Organizational Budgeting** Real-time reporting based on budget tracking provides valuable insights into financial performance. Organizations can generate comprehensive reports that highlight budget utilization, expenditure patterns, and variances. These insights enable proactive decision-making, allowing organizations to adapt budgets, reallocate resources and maintain transparency throughout the procurement process ![Upload Multiple assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648978493b6542de8ad66b20_Generate%20reports.svg) ##### Integrating budgets into requests, purchase orders, or CWIP simplifies the procurement workflow, ensuring seamless operations ![Get Alert & Reminders](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6489789de5792b3294703468_budgeted%20amounts.svg) ##### Generating real-time reports based on budget tracking enables organizations to make informed decisions, adapt budgets accordingly, and maintain transparency ![Add new assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/64897857f945b7d9efb3b70e_analysis.webp) ##### By tracking budgets at various levels, organizations can strategically allocate resources and ensure efficient financial planning ## Switch from Excels and Spreadsheets to a Cloud-Based Asset Management Software ## Explore our other features [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b1a6bcf8ed9e049d984_Asset-Tracking.png)\\ \\ **Asset Tracking** \\ \\ Asset tracking software tracks & monitors all the crucial assets & their performance. It helps in keeping track of assets & optimizes asset performance as well.](https://www.assetinfinity.com/features/asset-tracking-software) [![Inventory Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b285b8f64093612f7e1_Inventory-Management.png)\\ \\ **Inventory Management** \\ \\ Track your inventories with accurate numbers and get notified whenever inventory goes below the defined level. Manage them efficiently with proper inventory management.](https://www.assetinfinity.com/features/inventory-management-software) [![Asset Audit and Physical Verification - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b39debca6bd9b60e9fc_Audit-%26-Physical-Verifications.png)\\ \\ **Audit & Physical Verifications** \\ \\ Asset verification is crucial for the asset auditing process. Moreover, the condition of each asset is also checked and tracked in the asset audit procedure.](https://www.assetinfinity.com/features/asset-verification) [![Preventive Maintenance Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b4dcb2028de4c99de1e_Preventive-Maintenance.png)\\ \\ **Preventive Maintenance** \\ \\ Keep assets maintained & perform asset maintenance before breakdown occurs. With preventive maintenance, you can optimize asset performance as well.](https://www.assetinfinity.com/features/preventive-maintenance-software) [![Incident and Breakdown Management - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b5bbad13b2782b34003_breakdowns-%26-Incident.png)\\ \\ **Breakdowns & Incidents** \\ \\ Every incident is recorded, and the incident management team tries to resolve the incident quickly so that damage control can be done as quickly as possible.](https://www.assetinfinity.com/features/helpdesk-breakdown) [![Utility Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b67bf756e116dd5e081_Utility-Tracking.png)\\ \\ **Utility Tracking** \\ \\ Utility tracking can be helpful in minimizing utility bills. As utility tracking alert you on daily basis about utility consumption.](https://www.assetinfinity.com/features/usage-tracking) [![Purchase Requisition Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c0684d61e11cc0c28de817_Assets-%26-Items-Requisition.png)\\ \\ **Assets & Items Requisitions** \\ \\ In a huge organization, item requisition is important because it decreases the chances of fraudulent activities and makes operations organized.](https://www.assetinfinity.com/features/purchase-requisition-software) [![Purchase Order System - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b8dbf756e7ac1d610a0_purchase-order-receiving.png)\\ \\ **Purchase Orders & Receiving** \\ \\ For asset maintenance, maintenance team needs spare parts & for this purchase order is created & order is received.](https://www.assetinfinity.com/features/purchase-order-system) [![Asset Tracking & Management App - Asset Infinity ](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b99c2342e2319b1d12b_mobile-app.png)\\ \\ **Mobile Apps** \\ \\ Keep track of assets, schedule maintenance, make changes in operation with your mobile when you are away from your office!](https://www.assetinfinity.com/features/mobile-apps) [![Asset Management Security - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ba4315b195c48d96c3f_security.webp)\\ \\ **Security** \\ \\ Asset Infinity is hosted on Microsoft Azure and has enterprise grade security built-in.](https://www.assetinfinity.com/features/security) [![Asset Tracking Support - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ce40d2e82c1329c7d29_support.webp)\\ \\ **Support** \\ \\ We understand the value of our clients, that is why we believe in going extra mile for customers and provide support 24\*7.](https://www.assetinfinity.com/features/support) [![API Integration Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05bbc6f80754a6ce796f0_Integrations.webp)\\ \\ **Integrations** \\ \\ Our software is developed in a way so that integration can be done easily. We know an organization uses several applications and data collected from these applications is used to increase efficiency.](https://www.assetinfinity.com/features/integrations) ## Got any questions? We have the answers. [**Can we use existing SAP code as asset code?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to use SAP Code that is already created if the SAP codes are unique for individual assets. It would not be possible if you are using the same code for multiple assets. In case of same code for multiple assets, we need to split the assets and give them individual asset codes.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Does Asset code change when transferring assets between locations?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Asset Infinity gives you both options-change the asset code or keep it the same on location change. If the customer wants to change the number of asset while changing the location, the have a simple toggle button to do that. If they want to keep the number, then they do not have to do anything.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Do you suggest changing asset code when location changes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Our suggestion to the customer is to change their SAP code if they want, but to keep the asset code intact so that you have a complete asset history with you. This gives you the complete asset lifecycle in a single record.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Is it possible to migrate my SAP or ERP data into Asset Infinity?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, there are APIs available to receive and return data from your ERP system into Asset Infinity. The system maps existing data and uploads it to the relevant fields in the system. The data from SAP or your ERP can also be extracted as an excel and feed into the Asset Infinity system.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**If we added an Asset by mistake, is it possible to delete it completely?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to permanently delete an Asset and we give that access to the admin. But we always suggest discarding the asset and to not delete it completely. You can specify the reason and discard it, like this it will stay in the system, and you can access it whenever you want to.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**What is the information mentioned in Bar Code and QR Codes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The major information that we mention on the Bar Codes and QR Codes is the Asset Code. On scanning the tag you can see all the information pertaining to that asset code. Same goes for RFID and NFC.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Are all asset codes system generated?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No. You can also manually enter an asset code or the system generates it for you when you upload data. Asset codes can be changed at the time of asset creation or data upload.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**When the customer scans the code will they get all the information?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, if the customer scans through Asset Infinity’s app, then they will get complete details of their asset. But if the customer scans the code through any other scanner or through any other app then you will only receive the asset code/number of the asset and nothing else.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Why it is not possible to scan the code with any other scanner or App?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ This is due to security & privacy reasons. If any unauthorized person scans the asset code, they should not be able to see your asset details. Hence the information is restricted to authorized personnel with Asset Infinity account access.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**We already have QR codes and barcodes. Do we need to re-install them?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, you don’t need to install the QR code and Barcode again. If they are already present, we'll map the same tags to our system. But if there is any additional information in the tags vs what’s uploaded to asset infinity, then we would not be able to read the information.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**If there is an existing sticker tag on the asset, do we need to sticker tag it again?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ If asset code is stored, then we can use it and if it has some other information that it will be not scanned, and new tags will be stickered.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**When we transfer any asset from one location to another does the latitude longitude information get changed automatically?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, the latitude longitude information is not recorded automatically. We need to update it after a change in location.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**It is possible to put Depreciation and other details at Block level and not Asset Level?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.  For example, the customer has a laptop, they defined that the life of asset is 5 years, and the percentage of depreciation is 20%. Now if any laptop is purchase then the system will automatically used for all the other assets too.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Is it possible to predefine the end of life and other things of the asset?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**What are the provisions for dealing with duplicity of asset records?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No two asset can have same code/number and two Sales Number cannot be the same.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Can we customize the sticker or not?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we can customize the Bar Code and QR Codes by adding asset name, number, location, logo of company, etc on it.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Can we put a coloured Logo on our asset sticker?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to get colour logo.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Which stickers and printers should be used to print asset stickers/ asset tags?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ It varies case to case, as different customers have different requirements. We usually use polyester stickers if the surface is hard or if we need the sticker to be weatherproof then we recommend metal stickers. Normally we recommend 60 x 25 sticker size, but it is not mandatory. You can choose any size of sticker according to your requirements.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Is it possible to print another sticker if the first one is damaged? In same price.**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible. You can search for the asset number in the system and then get all the information of the asset and then you can print a new sticker for the asset.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**What is the life of Stickers?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The life of stickers that we generally use has a life of 4-5 years.We recommend a transparent protective layer on this sticker which enhances this life span of this sticker.The sticker would not be damaged because of water/dust/cleaning of asset.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Will every user see all the information of an asset?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No there are roles and permissions through which we manage and ensure the users see information only relevant to them. For example, an IT user can see only IT assets-related information & finance department user can see all assets. Invoice details and depreciation information cannot be accessed by a normal user. Therefore, according to roles, fields are visible. In this application, there is proper management of roles & permission.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**If I have multiple type of users (like viewers, approvers & transaction-making users) does the product price vary?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ For the asset management module, we allow unlimited users with no restrictions, and billing is done based on asset numbers. However, for other modules such as maintenance & purchase, we bill on the basis of number of users.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**In this application can I calculate depreciation?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can calculate depreciation & there are two methods we deploy-Straight line & WDV method. You can choose any method according to your needs.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**What are delivery notes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Delivery notes come in handy when we are transferring an asset or assigning it to the employee then we can make PDF and send it over mail or print out it and & take his/her acceptance & similarly when we take back an asset from an employee, we can generate receipt](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Can we generate delivery notes/asset receipt confirmations from the system?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, this feature is available. With Asset Infinity you can customize it as well. Asset Delivery notes can pick existing asset information from the system automatically and if you want to add any other information that can be also done.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Can we define Parent-child assets?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There are options for linking assets so yes parent-child assets can be created and defined easily.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Can we create a custom field for assets at category level?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, this feature is available. For example, a laptop may need different fields & a piece of furniture may need completely different fields.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**Is there an approval process for transferring or discarding assets?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There is a proper workflow engine in this application so yes you can define the workflow and approval processes for asset transfer or asset discard.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**My ERP system has limited asset information fields. Can we add more info when we add the asset to Asset Infinity?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, when an asset is added, the workflow will be initiated, and all the information can be added such as AMC details, Model No, purchase details, etc. Any information which is not available in ERP you can add that too in this application as a custom filed as well.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**How will I transfer my data to the Asset Infinity application?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There are two methods for that. First is Bulk Import (must have data in excel format) & the second option is integration with your existing ERP, for which we have APIs.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) [**How to get started in Asset Infinity? I have data in excel! Is your template customizable?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can customize it according to your needs & our support team can also assist you in uploading data.](https://www.assetinfinity.com/add-ons/budgets-for-procurement#) ## Simplify assets & equipment tracking and maintenance with Asset Infinity From small teams to large enterprises, Asset Infinity is the go-to **Enterprise Asset Management (EAM)** solution for **tracking equipment and optimizing the entire asset lifecycle.** Simplify operations, improve asset performance, and reduce downtime with our powerful and intuitive platform. 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How may I help you today? ## Asset Request Management ![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931256f0db42c8f1d5b_phone-call.png) +1-855-823-2600 / +91-9798-500-500 ![calendar icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931ed043fc9bced2656_calendar.webp) Schedule A Call ![email icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931adf80b4e4ec14aeb_email.webp) sales@assetinfinity.com [![Schedule a demo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f70b2d2b43277eb25c320c_MicrosoftTeams-image%20(54).webp)\\ Schedule a demo](https://www.assetinfinity.com/schedule-a-demo) [![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709f92d171e7e308d8dd8_MicrosoftTeams-image%20(53).webp)\\ +1-855-823-2600 / +91-9798-500-500](tel:+18558232600) [![email](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709c080819121b1bc57f5_MicrosoftTeams-image%20(52).webp)\\ sales@assetinfinity.com](mailto:sales@assetinfinity.com?subject=Inquiry%20about%20Asset%20Infinity) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) ![menu](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bf74411f047_Menu%20Icon.svg) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) Features ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Solutions ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Resources ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) [Pricing](https://www.assetinfinity.com/add-ons/asset-request#) [Partners](https://www.assetinfinity.com/add-ons/asset-request#) [Contact](https://www.assetinfinity.com/add-ons/asset-request#) [Sign In](https://www.assetinfinity.com/add-ons/asset-request#) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Back [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Features](https://www.assetinfinity.com/add-ons/asset-request#) Asset Management Inventory Management Schedules & Maintenance Helpdesk & Breakdown Purchase Management Usage Tracking Asset Infinity Store [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Solutions](https://www.assetinfinity.com/add-ons/asset-request#) By Use Case By Industry By Job Role [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Resources](https://www.assetinfinity.com/add-ons/asset-request#) Tools Learn Connect With Us [Home](https://www.assetinfinity.com/) \> [Features](https://www.assetinfinity.com/features) \> [Asset Management](https://www.assetinfinity.com/features/asset-management) \> [Add-ons](https://www.assetinfinity.com/add-ons/asset-request#) \> Asset Requests # Asset Requests with Asset Infinity ## **Effortless Asset Requests: Simplify & Streamline with Asset Infinity** The **Asset Requests** feature of Asset Infinity is intended to make requesting assets within an organization easier. Users can use this functionality to request certain assets, and management can examine, approve, or reject those requests depending on the asset's availability and other considerations. [![asset request form employees](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648971968eef68d18152e5a7_Asset-Request.webp)](https://www.assetinfinity.com/add-ons/asset-request#) ## **Reasons Why You Must Use the** **Asset Request Feature** ![Complete Information](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668bc807e2fb1492a1118e2b_Complete%20Information.webp) ### **Complete Information** Acquire comprehensive insights about asset requests and their statuses. Capture all necessary details to make informed decisions about approving or rejecting requests. ![Easy Checkin-check-out](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668bc81c33c6bd22ccae52c4_Streamlined%20Process.webp) ### **Streamlined** **Process** Automate the process of submitting and approving asset requests to save time and cut down on paperwork. By streamlining the **asset request** process, you can ensure efficiency and reduce manual errors ![Accurate Asset Tracking reports](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668bc82a658ab329409256c1_Improved%20Efficiency.webp) ### **Improved** **Efficiency** Track and manage **asset requests** from various users or departments efficiently. This feature helps you maintain a seamless trail of each request, from submission to approval. ![Accurate Asset Tracking reports](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668bc7f3ccb5bc05a298d9bb_Better%20Control.webp) ### **Better Control** Maintain enhanced control over the allocation and use of assets inside the organization. The **asset request** feature allows for better oversight and management of asset distribution. ## Key Features of the Asset Request System ## **Streamlined and Automated Asset Request and Approval Process** Users can quickly create requests for assets. By automating the approval process in accordance with pre-established rules, you can save time and minimize manual labor. With this feature, you can update the user's request status in real-time. All request records are preserved in a transparent manner for future audit and reference. [![it asset request](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6489a0079d92bab5dce367c5_Streamlined-and-automated-asset-request-and-approval-process.webp)](https://www.assetinfinity.com/add-ons/asset-request#) ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668bc8ae1e33c78c59654dcd_Simple%20Request%20Creation.webp) **Simple Request Creation** Create **asset requests** effortlessly, ensuring a user-friendly experience. The system guides users through the process, making it easy to request assets as needed. ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668bc88aaa3bba9712386f25_Automated%20Approval.webp) **Automated Approval** Implement automated approval workflows to streamline the **asset request** process. This reduces the administrative burden and speeds up the approval process ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668bc8a1e3f3b291ef6672f3_Real-Time%20Tracking.webp) **Real-Time Tracking** Track **asset requests** in real-time, ensuring transparency and accountability. This feature allows both users and management to monitor the status of requests ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668bc8bd2f52f3802471a586_Transparency.webp) **Transparency** Maintain a transparent record of all **asset requests** for future audits and references. This ensures that the request process is clear and accountable [![eliminate-manual-process](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63c55d2e32910ab29dd6e907_Eliminate-Manual-Process.webp)](https://www.assetinfinity.com/add-ons/asset-request#) ## Benefits of Using Asset Requests ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ec8b129381099ba74fbc0_MicrosoftTeams-image%20(129).webp) **Efficient Management** Improve efficiency and oversight by centrally managing all **asset requests**. This centralization helps in maintaining control and ensuring that all requests are handled promptly ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647eca2f162c5306c791bd6a_MicrosoftTeams-image%20(137).webp) **Controlled Distribution** Maintain control over the distribution of assets by accepting or rejecting requests in accordance with organizational guidelines and available resources ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647eca57ed647d9b744ed449_MicrosoftTeams-image%20(138).webp) **Inventory Management** By comprehending the demand for various assets, you may more efficiently manage your inventory. The **asset request** feature provides insights into which assets are in demand, helping you plan better. ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647eca67d7283da775ecb30c_MicrosoftTeams-image%20(140).webp) **Reduced Misuse** Misuse and illegal access to assets can be greatly decreased by having a controlled request and approval process. The **asset request** system ensures that only authorized personnel can request and use assets ## Switch from Excels and Spreadsheets to a Cloud-Based Asset Management Software ## Explore our other features [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b1a6bcf8ed9e049d984_Asset-Tracking.png)\\ \\ **Asset Tracking** \\ \\ Asset tracking software tracks & monitors all the crucial assets & their performance. It helps in keeping track of assets & optimizes asset performance as well.](https://www.assetinfinity.com/features/asset-tracking-software) [![Inventory Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b285b8f64093612f7e1_Inventory-Management.png)\\ \\ **Inventory Management** \\ \\ Track your inventories with accurate numbers and get notified whenever inventory goes below the defined level. Manage them efficiently with proper inventory management.](https://www.assetinfinity.com/features/inventory-management-software) [![Asset Audit and Physical Verification - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b39debca6bd9b60e9fc_Audit-%26-Physical-Verifications.png)\\ \\ **Audit & Physical Verifications** \\ \\ Asset verification is crucial for the asset auditing process. Moreover, the condition of each asset is also checked and tracked in the asset audit procedure.](https://www.assetinfinity.com/features/asset-verification) [![Preventive Maintenance Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b4dcb2028de4c99de1e_Preventive-Maintenance.png)\\ \\ **Preventive Maintenance** \\ \\ Keep assets maintained & perform asset maintenance before breakdown occurs. With preventive maintenance, you can optimize asset performance as well.](https://www.assetinfinity.com/features/preventive-maintenance-software) [![Incident and Breakdown Management - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b5bbad13b2782b34003_breakdowns-%26-Incident.png)\\ \\ **Breakdowns & Incidents** \\ \\ Every incident is recorded, and the incident management team tries to resolve the incident quickly so that damage control can be done as quickly as possible.](https://www.assetinfinity.com/features/helpdesk-breakdown) [![Utility Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b67bf756e116dd5e081_Utility-Tracking.png)\\ \\ **Utility Tracking** \\ \\ Utility tracking can be helpful in minimizing utility bills. As utility tracking alert you on daily basis about utility consumption.](https://www.assetinfinity.com/features/usage-tracking) [![Purchase Requisition Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c0684d61e11cc0c28de817_Assets-%26-Items-Requisition.png)\\ \\ **Assets & Items Requisitions** \\ \\ In a huge organization, item requisition is important because it decreases the chances of fraudulent activities and makes operations organized.](https://www.assetinfinity.com/features/purchase-requisition-software) [![Purchase Order System - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b8dbf756e7ac1d610a0_purchase-order-receiving.png)\\ \\ **Purchase Orders & Receiving** \\ \\ For asset maintenance, maintenance team needs spare parts & for this purchase order is created & order is received.](https://www.assetinfinity.com/features/purchase-order-system) [![Asset Tracking & Management App - Asset Infinity ](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b99c2342e2319b1d12b_mobile-app.png)\\ \\ **Mobile Apps** \\ \\ Keep track of assets, schedule maintenance, make changes in operation with your mobile when you are away from your office!](https://www.assetinfinity.com/features/mobile-apps) [![Asset Management Security - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ba4315b195c48d96c3f_security.webp)\\ \\ **Security** \\ \\ Asset Infinity is hosted on Microsoft Azure and has enterprise grade security built-in.](https://www.assetinfinity.com/features/security) [![Asset Tracking Support - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ce40d2e82c1329c7d29_support.webp)\\ \\ **Support** \\ \\ We understand the value of our clients, that is why we believe in going extra mile for customers and provide support 24\*7.](https://www.assetinfinity.com/features/support) [![API Integration Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05bbc6f80754a6ce796f0_Integrations.webp)\\ \\ **Integrations** \\ \\ Our software is developed in a way so that integration can be done easily. We know an organization uses several applications and data collected from these applications is used to increase efficiency.](https://www.assetinfinity.com/features/integrations) ## Got any questions? We have the answers. [**Can we use existing SAP code as asset code?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to use SAP Code that is already created if the SAP codes are unique for individual assets. It would not be possible if you are using the same code for multiple assets. In case of same code for multiple assets, we need to split the assets and give them individual asset codes.](https://www.assetinfinity.com/add-ons/asset-request#) [**Does Asset code change when transferring assets between locations?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Asset Infinity gives you both options-change the asset code or keep it the same on location change. If the customer wants to change the number of asset while changing the location, the have a simple toggle button to do that. If they want to keep the number, then they do not have to do anything.](https://www.assetinfinity.com/add-ons/asset-request#) [**Do you suggest changing asset code when location changes?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Our suggestion to the customer is to change their SAP code if they want, but to keep the asset code intact so that you have a complete asset history with you. This gives you the complete asset lifecycle in a single record.](https://www.assetinfinity.com/add-ons/asset-request#) [**Is it possible to migrate my SAP or ERP data into Asset Infinity?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, there are APIs available to receive and return data from your ERP system into Asset Infinity. The system maps existing data and uploads it to the relevant fields in the system. The data from SAP or your ERP can also be extracted as an excel and feed into the Asset Infinity system.](https://www.assetinfinity.com/add-ons/asset-request#) [**If we added an Asset by mistake, is it possible to delete it completely?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to permanently delete an Asset and we give that access to the admin. But we always suggest discarding the asset and to not delete it completely. You can specify the reason and discard it, like this it will stay in the system, and you can access it whenever you want to.](https://www.assetinfinity.com/add-ons/asset-request#) [**What is the information mentioned in Bar Code and QR Codes?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The major information that we mention on the Bar Codes and QR Codes is the Asset Code. On scanning the tag you can see all the information pertaining to that asset code. Same goes for RFID and NFC.](https://www.assetinfinity.com/add-ons/asset-request#) [**Are all asset codes system generated?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No. You can also manually enter an asset code or the system generates it for you when you upload data. Asset codes can be changed at the time of asset creation or data upload.](https://www.assetinfinity.com/add-ons/asset-request#) [**When the customer scans the code will they get all the information?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, if the customer scans through Asset Infinity’s app, then they will get complete details of their asset. But if the customer scans the code through any other scanner or through any other app then you will only receive the asset code/number of the asset and nothing else.](https://www.assetinfinity.com/add-ons/asset-request#) [**Why it is not possible to scan the code with any other scanner or App?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ This is due to security & privacy reasons. If any unauthorized person scans the asset code, they should not be able to see your asset details. Hence the information is restricted to authorized personnel with Asset Infinity account access.](https://www.assetinfinity.com/add-ons/asset-request#) [**We already have QR codes and barcodes. Do we need to re-install them?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, you don’t need to install the QR code and Barcode again. If they are already present, we'll map the same tags to our system. But if there is any additional information in the tags vs what’s uploaded to asset infinity, then we would not be able to read the information.](https://www.assetinfinity.com/add-ons/asset-request#) [**If there is an existing sticker tag on the asset, do we need to sticker tag it again?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ If asset code is stored, then we can use it and if it has some other information that it will be not scanned, and new tags will be stickered.](https://www.assetinfinity.com/add-ons/asset-request#) [**When we transfer any asset from one location to another does the latitude longitude information get changed automatically?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, the latitude longitude information is not recorded automatically. We need to update it after a change in location.](https://www.assetinfinity.com/add-ons/asset-request#) [**It is possible to put Depreciation and other details at Block level and not Asset Level?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.  For example, the customer has a laptop, they defined that the life of asset is 5 years, and the percentage of depreciation is 20%. Now if any laptop is purchase then the system will automatically used for all the other assets too.](https://www.assetinfinity.com/add-ons/asset-request#) [**Is it possible to predefine the end of life and other things of the asset?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.](https://www.assetinfinity.com/add-ons/asset-request#) [**What are the provisions for dealing with duplicity of asset records?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No two asset can have same code/number and two Sales Number cannot be the same.](https://www.assetinfinity.com/add-ons/asset-request#) [**Can we customize the sticker or not?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we can customize the Bar Code and QR Codes by adding asset name, number, location, logo of company, etc on it.](https://www.assetinfinity.com/add-ons/asset-request#) [**Can we put a coloured Logo on our asset sticker?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to get colour logo.](https://www.assetinfinity.com/add-ons/asset-request#) [**Which stickers and printers should be used to print asset stickers/ asset tags?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ It varies case to case, as different customers have different requirements. We usually use polyester stickers if the surface is hard or if we need the sticker to be weatherproof then we recommend metal stickers. Normally we recommend 60 x 25 sticker size, but it is not mandatory. You can choose any size of sticker according to your requirements.](https://www.assetinfinity.com/add-ons/asset-request#) [**Is it possible to print another sticker if the first one is damaged? In same price.**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible. You can search for the asset number in the system and then get all the information of the asset and then you can print a new sticker for the asset.](https://www.assetinfinity.com/add-ons/asset-request#) [**What is the life of Stickers?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The life of stickers that we generally use has a life of 4-5 years.We recommend a transparent protective layer on this sticker which enhances this life span of this sticker.The sticker would not be damaged because of water/dust/cleaning of asset.](https://www.assetinfinity.com/add-ons/asset-request#) [**Will every user see all the information of an asset?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No there are roles and permissions through which we manage and ensure the users see information only relevant to them. For example, an IT user can see only IT assets-related information & finance department user can see all assets. Invoice details and depreciation information cannot be accessed by a normal user. Therefore, according to roles, fields are visible. In this application, there is proper management of roles & permission.](https://www.assetinfinity.com/add-ons/asset-request#) [**If I have multiple type of users (like viewers, approvers & transaction-making users) does the product price vary?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ For the asset management module, we allow unlimited users with no restrictions, and billing is done based on asset numbers. However, for other modules such as maintenance & purchase, we bill on the basis of number of users.](https://www.assetinfinity.com/add-ons/asset-request#) [**In this application can I calculate depreciation?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can calculate depreciation & there are two methods we deploy-Straight line & WDV method. You can choose any method according to your needs.](https://www.assetinfinity.com/add-ons/asset-request#) [**What are delivery notes?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Delivery notes come in handy when we are transferring an asset or assigning it to the employee then we can make PDF and send it over mail or print out it and & take his/her acceptance & similarly when we take back an asset from an employee, we can generate receipt](https://www.assetinfinity.com/add-ons/asset-request#) [**Can we generate delivery notes/asset receipt confirmations from the system?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, this feature is available. With Asset Infinity you can customize it as well. Asset Delivery notes can pick existing asset information from the system automatically and if you want to add any other information that can be also done.](https://www.assetinfinity.com/add-ons/asset-request#) [**Can we define Parent-child assets?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There are options for linking assets so yes parent-child assets can be created and defined easily.](https://www.assetinfinity.com/add-ons/asset-request#) [**Can we create a custom field for assets at category level?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, this feature is available. For example, a laptop may need different fields & a piece of furniture may need completely different fields.](https://www.assetinfinity.com/add-ons/asset-request#) [**Is there an approval process for transferring or discarding assets?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There is a proper workflow engine in this application so yes you can define the workflow and approval processes for asset transfer or asset discard.](https://www.assetinfinity.com/add-ons/asset-request#) [**My ERP system has limited asset information fields. Can we add more info when we add the asset to Asset Infinity?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, when an asset is added, the workflow will be initiated, and all the information can be added such as AMC details, Model No, purchase details, etc. Any information which is not available in ERP you can add that too in this application as a custom filed as well.](https://www.assetinfinity.com/add-ons/asset-request#) [**How will I transfer my data to the Asset Infinity application?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There are two methods for that. First is Bulk Import (must have data in excel format) & the second option is integration with your existing ERP, for which we have APIs.](https://www.assetinfinity.com/add-ons/asset-request#) [**How to get started in Asset Infinity? I have data in excel! Is your template customizable?**\\ \\ ![asset requisition form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can customize it according to your needs & our support team can also assist you in uploading data.](https://www.assetinfinity.com/add-ons/asset-request#) ## Improve Overall Asset Management and Control **Asset Infinity’s asset request feature significantly enhances an organization's overall asset management and control. 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How may I help you today? ## Cloud Asset Management Benefits [![Schedule a demo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f70b2d2b43277eb25c320c_MicrosoftTeams-image%20(54).webp)\\ Schedule a demo](https://www.assetinfinity.com/schedule-a-demo) [![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709f92d171e7e308d8dd8_MicrosoftTeams-image%20(53).webp)\\ +1-855-823-2600 / +91-9798-500-500](tel:+18558232600) [![email](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709c080819121b1bc57f5_MicrosoftTeams-image%20(52).webp)\\ sales@assetinfinity.com](mailto:sales@assetinfinity.com?subject=Inquiry%20about%20Asset%20Infinity) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) ![menu](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bf74411f047_Menu%20Icon.svg) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) Features ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Solutions ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Resources ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) [Pricing](https://www.assetinfinity.com/blog/the-benefits-of-a-cloud-based-asset-management-system#) [Partners](https://www.assetinfinity.com/blog/the-benefits-of-a-cloud-based-asset-management-system#) [Contact](https://www.assetinfinity.com/blog/the-benefits-of-a-cloud-based-asset-management-system#) [Sign In](https://www.assetinfinity.com/blog/the-benefits-of-a-cloud-based-asset-management-system#) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Back [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Features](https://www.assetinfinity.com/blog/the-benefits-of-a-cloud-based-asset-management-system#) Asset Management Inventory Management Schedules & Maintenance Helpdesk & Breakdown Purchase Management Usage Tracking Asset Infinity Store [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Solutions](https://www.assetinfinity.com/blog/the-benefits-of-a-cloud-based-asset-management-system#) By Use Case By Industry By Job Role [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Resources](https://www.assetinfinity.com/blog/the-benefits-of-a-cloud-based-asset-management-system#) Tools Learn Connect With Us [Home](https://www.assetinfinity.com/) \> [Blog](https://www.assetinfinity.com/blog) \> [Asset Management](https://www.assetinfinity.com/category/asset-management) \> The Benefits of a Cloud-Based Asset Management System # The Benefits of a Cloud-Based Asset Management System [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6744620119c1dc8f46942242_AI.webp)\\ Himanish Ganguly](https://www.assetinfinity.com/author/himanish-ganguly) \| ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61bda6ff4d86523b231702a4_calendar%20(12).png) Thursday, June 8, 2023 ![Cloud-based Asset Management System ](https://cdn.prod.website-files.com/60edc0a8835d5b38bf11f03f/64821b2e9d39155f90f00792_Blog-45-Feature-img.png) Dive into the world of cloud-based asset management systems where digital transformation empowers businesses to optimize their operations. In this era of rapid technological advancement, organizations are continually seeking innovative solutions to enhance productivity, streamline workflows, and maximize their return on investment. A cloud-based asset management system emerges as a pivotal technology, offering robust tools for tracking, monitoring, and managing assets efficiently. Join us as we explore how adopting this system can significantly improve operational efficiency, reduce costs, and enhance decision-making processes. ‍ **Centralized Asset Repository: Unifying Your Asset Data** Discover the advantages of a centralized cloud-based asset management system. Traditional methods that rely on scattered spreadsheets and disjointed records can create chaos. A cloud-based solution eradicates these issues by consolidating all asset information in one secure, accessible location. This integration eliminates data silos and enhances collaboration across departments, ensuring that everyone has access to the same up-to-date asset data, thus streamlining workflows and improving data accuracy. **Real-Time Asset Tracking and Monitoring: The Power of Immediate Insights** Explore how real-time tracking transforms asset management with a cloud-based system. Utilizing cutting-edge technologies like [IoT](https://www.assetinfinity.com/blog/what-is-iot-and-how-is-it-helpful-in-asset-management), barcode scanning, and [RFID](https://www.assetinfinity.com/category/rfid-asset-tracking), these systems offer immediate insights into asset location, condition, and usage. This capability not only minimizes the risks of asset loss and theft but also improves asset utilization and maintenance planning. Real-time data provides the foundation for proactive management, optimizing operational efficiency and extending the lifespan of your assets. So, whether you are a small business owner, an IT manager, or a facilities director, this blog series aims to provide you with valuable insights into the benefits of adopting a cloud-based asset management system. Let's dive in and discover how this powerful technology can transform the way you manage your assets and drive your organization towards greater success. ‍ ### **Centralized Asset Repository:** A cloud-based asset management system offers businesses a centralized repository for all their assets, ensuring that crucial information is easily accessible and organized in one secure location. Imagine the hassle of searching through multiple spreadsheets, paper documents, and email threads just to locate specific asset details. With a cloud-based solution, such as AssetInfinity, organizations can bid farewell to the chaos and inefficiency caused by scattered asset information. Let's consider an example of a manufacturing company that relies on various equipment, tools, and machinery to carry out its operations. Traditionally, managing these assets would involve maintaining separate spreadsheets for each asset category, manual tracking of maintenance schedules, and labor-intensive inventory checks. This decentralized approach often resulted in errors, duplication of efforts, and time-consuming audits. However, by implementing a cloud-based asset management system, the manufacturing company can simplify and streamline their asset management processes. They can create a centralized asset repository where they can store and manage all asset-related information, including purchase details, maintenance records, warranty information, and usage history. ### **Real-Time Asset Tracking and Monitoring:** One of the key advantages of a cloud-based asset management system is its ability to provide real-time tracking and monitoring of assets. This feature empowers businesses to have accurate and up-to-date information on the location, condition, and usage of their assets. Let's explore this further with an example. Consider a logistics company that operates a fleet of delivery trucks. With a traditional asset management approach, tracking and monitoring the fleet's whereabouts and performance can be a challenging task. It often involves manual data entry, reliance on drivers' reports, and limited visibility into critical metrics such as fuel consumption, mileage, and maintenance history. By implementing a cloud-based asset management system with integrated [GPS tracking](https://www.assetinfinity.com/blog/track-tools-using-gps-tracking-system) capabilities, the logistics company gains real-time insights into their fleet's movements and performance. Each delivery truck can be equipped with GPS devices that constantly transmit location data to the cloud. Managers and dispatchers can access a live dashboard displaying the precise location of each vehicle, enabling them to optimize routes, allocate resources effectively, and provide accurate delivery estimates to customers. Additionally, the cloud-based system can automatically capture and analyze key performance indicators (KPIs) related to the fleet's efficiency. For example, it can generate reports on fuel consumption patterns, identify idling times, and highlight maintenance requirements based on mileage or engine diagnostics. With this real-time monitoring, the logistics company can proactively address issues, reduce fuel costs, and improve overall fleet performance. Now, let's move on to explore the benefits of a cloud-based asset management system in detail **Benefits of a Cloud-Based Asset Management System:** ## **Enhanced Efficiency** **‍** Centralized asset information and streamlined processes reduce time spent searching for data and minimize manual errors. Real-time tracking and monitoring enable proactive maintenance, minimizing asset downtime and increasing productivity. Automation of routine tasks, such as generating reports or scheduling maintenance, frees up staff for more strategic work. ## **Cost Savings** Optimal asset utilization through real-time tracking helps avoid unnecessary purchases or rentals. Proactive maintenance based on accurate data prevents costly breakdowns and extends asset lifecycles. Reduction in paperwork, physical storage, and manual record-keeping saves on administrative costs. ## **Improved Decision-Making** **‍** Access to comprehensive asset data allows for informed decisions regarding repairs, replacements, or upgrades. Real-time analytics and customizable reports provide actionable insights for better resource allocation and planning. Historical data analysis helps identify trends, patterns, and opportunities for process optimization. ## **Enhanced Security and Compliance** Cloud-based storage ensures data security, backups, and disaster recovery. Access controls and audit trails enable traceability and accountability.  Compliance with industry regulations, such as [asset tracking](https://www.assetinfinity.com/features/asset-tracking-software) requirements or maintenance documentation, is facilitated. ## **Conclusion** In this blog series, we have explored the numerous benefits of adopting a cloud-based asset management system. We started by understanding the advantages of a centralized asset repository, which eliminates scattered information and promotes collaboration. We then delved into the real-time asset tracking and monitoring capabilities, highlighting its significance in optimizing operations and enhancing performance. Furthermore, we examined the detailed benefits of a cloud-based [asset management system](https://www.assetinfinity.com/), including enhanced efficiency, cost savings, improved decision-making, and enhanced security and compliance. By harnessing the power of cloud technology, businesses can revolutionize their asset management processes, leading to increased productivity, reduced costs, and better strategic planning. In today's rapidly evolving business landscape, where effective asset management is crucial for success, implementing a cloud-based solution offers organizations a competitive edge. By centralizing asset information, providing real-time insights, and enabling data-driven decision-making, businesses can unleash the full potential of their assets and drive sustainable growth. Embrace the cloud-based asset management revolution and unlock the benefits it has to offer! ##### Schedule a demo Calendly #### Categories [Asset Auditing](https://www.assetinfinity.com/category/asset-auditing) [Asset Management](https://www.assetinfinity.com/category/asset-management) [Asset Tracking](https://www.assetinfinity.com/category/asset-tracking) [EAM](https://www.assetinfinity.com/category/eam) [IT Asset Management](https://www.assetinfinity.com/category/it-asset-management) #### Other Resources [Case Studies](https://www.assetinfinity.com/case-studies) [Podcasts](https://www.assetinfinity.com/podcast) [Learning Centers](https://www.assetinfinity.com/learning-center) [Video Library](https://www.assetinfinity.com/video) ## Related Blogs ![](https://cdn.prod.website-files.com/60edc0a8835d5b38bf11f03f/683d416927e086b5d72a5ca8_Transforming%20B2B%20Logistics%20How%20Pod%20Trackers%20Revolutionize%20Asset%20Management.png)[Asset Management](https://www.assetinfinity.com/category/asset-management) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61bda6ff4d86523b231702a4_calendar%20(12).png) May 29, 2025 [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6744620119c1dc8f46942242_AI.webp)\\ Himanish Ganguly](https://www.assetinfinity.com/category/asset-management) [**Transforming B2B Logistics: How Pod Trackers Revolutionize Asset Management**](https://www.assetinfinity.com/blog/logistics-pod-trackers) Pod trackers offer real-time asset visibility, reduce losses, and optimize logistics. 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A Complete Overview with Diagram & Key Stages # What is Asset Lifecycle Management? A Complete Overview with Diagram & Key Stages [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6744620119c1dc8f46942242_AI.webp)\\ Himanish Ganguly](https://www.assetinfinity.com/author/himanish-ganguly) \| ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61bda6ff4d86523b231702a4_calendar%20(12).png) Thursday, September 12, 2019 ![Stages of Asset Life Cycle Management](https://cdn.prod.website-files.com/60edc0a8835d5b38bf11f03f/654caa035a66108b8afdbde1_ezgif.com-gif-maker%20(17).webp) Imagine running a critical operation only to have a key piece of equipment break down mid-task. Unplanned downtime is more than frustrating—it’s costly. But what if you had full control over your assets from the day they were acquired until their final retirement? That’s where asset lifecycle management becomes indispensable. In this blog, we’ll walk you through a detailed view of asset lifecycle strategies, complete with practical insights and an easy-to-understand breakdown of each stage. ## **Understanding Asset Lifecycle Management** Asset lifecycle management (ALM) refers to the strategic and structured process of managing an asset from its initial need recognition through to its disposal. This practice ensures that assets are not only used effectively but also maintained and retired responsibly. The core goal is to extract maximum value at minimal cost while reducing risk throughout an asset’s lifespan. Organizations adopting ALM can expect improvements in: - **Asset utilization**: Making sure each asset serves its full purpose with optimal performance. - **Cost control**: Identifying areas where expenses can be reduced, including maintenance, downtime, and unplanned replacements. - **Risk reduction**: Proactively monitoring asset conditions and compliance measures to avoid safety or operational issues. - **Sustainability**: Encouraging environmentally responsible disposal and extended asset life through maintenance. From manufacturing to IT, any organization that depends on tangible or digital assets can benefit from mastering the stages of lifecycle asset management. ## **Five Core Stages of the Asset Lifecycle** **Management** ![Stages of the Asset Lifecycle Management](https://cdn.prod.website-files.com/60edc0a8835d5b38bf11f03f/687a4b014cda26a4c3e1c070_Stages%20of%20AML%20(1).png) While the specifics may vary between industries, the asset lifecycle management universally follows five key stages. Each phase plays a vital role in determining the value, reliability, and longevity of an asset. ### **1\. Procurement: The Foundation of Lifecycle Asset Management** Procurement marks the formal beginning of an asset’s lifecycle. Here, an organization identifies the need for a new asset, evaluates available options, and makes a purchase that aligns with both operational goals and budget constraints. **Key objectives of this stage:** - **Needs Assessment**: Forecast future demand based on current operations and data trends. - **Budget Planning**: Evaluate total cost of ownership (TCO), not just purchase cost. - **Vendor Evaluation**: Compare supplier reliability, warranty terms, and support offerings. - **Approval & Purchase**: Finalize acquisition with proper documentation, such as purchase orders. Once purchased, the asset is logged into the inventory system—setting the stage for deployment. Smart asset lifecycle tools often automate procurement workflows, reducing manual errors and time delays. ### **2\. Deployment: Activating the Asset into Operation** After acquisition, the next critical phase is deployment. This is where the asset is physically or virtually installed, configured, and prepared for use. **Deployment activities typically include:** - **Quality & Safety Inspection**: Identify defects and ensure regulatory compliance. - **Tagging & Identification**: Assets are assigned barcodes, QR codes, or RFID tags. - **Installation & Configuration**: Hardware is assembled and tested; software is installed and licensed. - **Location Assignment**: Assets are mapped within systems based on usage departments or physical sites. Proper deployment ensures that the asset integrates seamlessly into your operations. In IT asset lifecycle management, this step may also involve setting up virtual environments, defining user access controls, and initializing monitoring protocols. ### **3\. Utilization: Extracting Maximum Value** Utilization is the longest and most active stage of the asset lifecycle. This is when assets are put to work to fulfill the purpose they were acquired for. The focus here is performance, efficiency, and operational continuity. **Core practices during utilization:** - **Performance Tracking**: Monitor KPIs like usage hours, output quality, and throughput. - **Asset Auditing**: Conduct regular audits to verify asset existence, condition, and compliance. - **Software & License Management**: For digital assets, ensure valid and updated licensing. - **Cost-Benefit Analysis**: Evaluate the economic impact of the asset’s operations. - **Upgrades and Repairs**: Introduce hardware enhancements or software patches as needed. This stage forms the foundation of the asset management lifecycle as it reveals how well the asset contributes to business outcomes. Optimizing this stage ensures long-term ROI. ### **4\. Maintenance: Keeping the Lifecycle Running Smoothly** Regular maintenance extends an asset’s useful life and sustains productivity. Without proper maintenance, even the most expensive assets can fail prematurely. **Maintenance strategies include:** - **Preventive Maintenance**: Routine checks, updates, and part replacements. - **Condition Monitoring**: Use sensors and analytics to detect early signs of wear or failure. - **Service Logs**: Maintain detailed records of all service events, technician notes, and cost impacts. - **Compliance Checks**: Ensure safety and performance standards are upheld, especially in regulated industries. Lifecycle asset management thrives on proactive maintenance—not reactive fixes. Modern asset management systems often automate maintenance scheduling and integrate reminders to minimize oversights. ### **5\. Disposal: Responsible Retirement of Assets** When an asset reaches the end of its usable life, the final phase—disposal—begins. This phase includes decommissioning, secure data wiping (for IT assets), and environmentally conscious recycling or resale. **Disposal best practices:** - **End-of-Life Assessment**: Evaluate asset condition, residual value, and risk factors. - **Data Security**: Wipe all sensitive information in compliance with data protection standards. - **Environmental Compliance**: Dispose of hazardous components per legal and environmental regulations. - **Resale or Redeployment**: Reuse components or sell off equipment when feasible. - **Deactivation**: Update inventory to mark assets as disposed or retired. Disposal isn’t just about removing equipment—it’s about doing so responsibly while recovering as much value as possible. ## **Best Practices Across the Asset Lifecycle** Adopting best practices in every phase of the lifecycle asset management process helps organizations ensure consistency, compliance, and cost-effectiveness. Here are essential strategies to strengthen each stage of the asset journey: ### **1\. Maintain a Centralized Asset Inventory** A robust, searchable asset database with real-time updates allows stakeholders to track the location, condition, and usage of all assets from procurement to retirement. This database should include attributes like serial numbers, warranty details, last maintenance activity, and asset status. ### **2\. Implement Lifecycle-Based Budgeting** Link budget planning directly with each asset stage. Include estimates for acquisition, operation, maintenance, and disposal. This approach aligns financial forecasting with lifecycle expectations and avoids surprise expenses. ### **3\. Automate Preventive Maintenance** Rather than waiting for an asset to fail, automate inspections, calibrations, and servicing based on runtime, date, or condition triggers. This prevents unplanned downtime and extends useful life without constant manual intervention. ### **4\. Use Data-Driven Decision Making** Harness analytics from the asset database to make informed decisions around upgrades, replacements, or retirement. Analyzing depreciation trends, usage intensity, and support costs helps identify which assets should be kept or replaced. ### **5\. Ensure Regulatory and Environmental Compliance** Build compliance protocols directly into your asset policies, especially during deployment and disposal stages. For example, IT hardware must meet specific e-waste standards, and medical equipment must follow sterilization or retirement protocols. ## **IT Asset Lifecycle Management: A Specialized Focus** Managing digital assets such as laptops, servers, software licenses, and cloud services requires a specialized approach known as IT asset lifecycle management. It involves a similar five-stage framework but focuses more deeply on software compliance, cybersecurity, and data protection. Here’s how lifecycle principles apply to IT environments: ### **Procurement** - Involves selecting vendors for both hardware and software. - Reviews licensing models—perpetual, subscription-based, or usage-based. ### **Deployment** - Ensures devices and applications are configured securely with encryption. - Assigns assets to users and maps them to business processes or departments. ### **Utilization** - Tracks login activity, uptime, software usage, and patch status. - Monitors software compliance and renewals to avoid fines. ### **Maintenance** - Includes updates, virus scans, hardware checks, and warranty claims. - Encourages user feedback to detect performance issues early. ### **Disposal** - Focuses on data wiping, license recovery, and hardware recycling. - Aligns with cybersecurity protocols and legal requirements like GDPR or HIPAA. ‍ In essence, IT asset lifecycle management combines traditional asset control with digital hygiene, reducing exposure to both operational and data-related risks. ## **Why Lifecycle Asset Management Matters** Let’s revisit the big-picture benefits that come with a strategic approach to lifecycle management. These include financial, operational, environmental, and compliance advantages. ### **1\. Improved Asset Longevity** Extending an asset’s lifespan means more return on investment. Through timely servicing and usage tracking, wear-and-tear can be controlled more effectively. ### **2\. Cost Savings Across the Board** When you avoid reactive repairs and optimize procurement based on actual need, you cut unnecessary expenses. Lifecycle strategies reduce redundancy, wasted inventory, and emergency costs. ### **3\. Risk Mitigation** Proactive management ensures assets don’t fail unexpectedly—helping reduce safety incidents, lost productivity, and liability exposure. ### **4\. Regulatory Assurance** Many industries, especially in healthcare, finance, or energy, face strict regulations regarding asset tracking and maintenance. Lifecycle control ensures you're always audit-ready. ### **5\. Sustainability and ESG Alignment** A strong lifecycle approach supports reuse, recycling, and reduced e-waste. Organizations can track environmental impact and report on sustainability KPIs with greater accuracy. ## **Conclusion: Gaining Full Control Over the Asset Lifecycle** From procurement to retirement, every asset your business owns tells a story. But without structure, that story can become disorganized, expensive, and risky. That’s why embracing asset lifecycle management is essential—not just for asset visibility, but for strategic growth and cost efficiency. By managing each phase of the asset journey—acquisition, deployment, usage, maintenance, and disposal—you can extend asset value, reduce operational friction, and make smarter, data-driven decisions. Whether you're overseeing manufacturing equipment or digital infrastructure, aligning with lifecycle principles ensures your investments deliver results from start to finish. With the right tools and mindset, your organization can elevate its asset lifecycle from a reactive necessity to a strategic business driver. ##### Schedule a demo Calendly #### Categories [Asset Auditing](https://www.assetinfinity.com/category/asset-auditing) [Asset Management](https://www.assetinfinity.com/category/asset-management) [Asset Tracking](https://www.assetinfinity.com/category/asset-tracking) [EAM](https://www.assetinfinity.com/category/eam) [IT Asset Management](https://www.assetinfinity.com/category/it-asset-management) #### Other Resources [Case Studies](https://www.assetinfinity.com/case-studies) [Podcasts](https://www.assetinfinity.com/podcast) [Learning Centers](https://www.assetinfinity.com/learning-center) [Video Library](https://www.assetinfinity.com/video) ## Related Blogs ![](https://cdn.prod.website-files.com/60edc0a8835d5b38bf11f03f/683d416927e086b5d72a5ca8_Transforming%20B2B%20Logistics%20How%20Pod%20Trackers%20Revolutionize%20Asset%20Management.png)[Asset Management](https://www.assetinfinity.com/category/asset-management) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61bda6ff4d86523b231702a4_calendar%20(12).png) May 29, 2025 [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6744620119c1dc8f46942242_AI.webp)\\ Himanish Ganguly](https://www.assetinfinity.com/category/asset-management) [**Transforming B2B Logistics: How Pod Trackers Revolutionize Asset Management**](https://www.assetinfinity.com/blog/logistics-pod-trackers) Pod trackers offer real-time asset visibility, reduce losses, and optimize logistics. 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[![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6744620119c1dc8f46942242_AI.webp)\\ Himanish Ganguly](https://www.assetinfinity.com/author/himanish-ganguly) \| ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61bda6ff4d86523b231702a4_calendar%20(12).png) Wednesday, April 23, 2025 ![ Asset Management Trends 2024](https://cdn.prod.website-files.com/60edc0a8835d5b38bf11f03f/640b0bc89ba95bec27eaaa9b_MicrosoftTeams-image%20(14).png) As we step deeper into 2025, the asset management industry continues to evolve at a rapid pace. Fueled by technological innovation, economic shifts, and a stronger push for environmental responsibility, businesses are transforming how they manage, track, and optimize assets. From predictive insights to real-time tracking and decentralized finance, the future of the asset management industry lies in adopting tools and strategies that promote visibility, resilience, and compliance. In this blog, we’ll walk through the most important asset management trends in 2025, helping your business stay ahead in this dynamic landscape. ## What is Asset Management? Asset management is the practice of organizing, maintaining, and maximizing the value of assets—physical, financial, or digital—throughout their lifecycle. It includes everything from tracking asset location and condition to scheduling maintenance and ensuring compliance. Modern businesses use advanced [asset management software](https://www.assetinfinity.com/) to automate and simplify this process. With growing complexities and regulatory pressures, asset management is no longer a backend function—it's a strategic priority. ‍ ## Technological Advancements ### AI and Machine Learning Integration In 2025, AI and machine learning are at the core of asset management systems. These technologies help organizations forecast equipment failures, automate maintenance tasks, and optimize asset utilization. AI-driven insights reduce manual intervention and enable predictive maintenance, enhancing operational efficiency. ### IoT and Smart Assets The rise of smart assets powered by the [Internet of Things (IoT)](https://www.assetinfinity.com/blog/what-is-iot-and-how-is-it-helpful-in-asset-management) has transformed real-time tracking. Sensors provide live updates on temperature, usage, vibration, and performance. This visibility allows businesses to make data-informed decisions, reduce unplanned downtime, and extend asset lifecycles. ### Blockchain for Enhanced Security and Transparency Blockchain remains a key player in asset management technology trends. In 2025, it's used not just for security but also for tracking asset ownership, maintenance logs, and transfer histories. Its tamper-proof ledger ensures integrity and trust in every transaction, especially in sectors with high compliance needs. ‍ ## Sustainability and ESG Integration ### Sustainable Asset Management Practices With increased pressure from stakeholders and regulators, businesses are embedding sustainability into asset operations. Sustainable practices include energy-efficient machinery, eco-friendly asset disposal, and lifecycle assessments aligned with ESG standards. ### Carbon Footprint Monitoring Asset management software in 2025 comes equipped with tools to track energy usage, emissions, and waste generated by assets. These insights help organizations meet climate commitments and integrate environmental accountability into daily operations. ‍ ## Regulatory Changes and Compliance ### Increased Regulatory Scrutiny Compliance is stricter than ever in 2025. Governments and industry bodies demand more detailed reports on asset usage, depreciation, and sustainability. Businesses must ensure audit-readiness at all times, with well-documented asset histories. ### Data Privacy and Security Regulations With more data being collected through IoT and cloud systems, ensuring its protection is critical. Organizations must comply with evolving global privacy laws and cybersecurity standards to avoid penalties and maintain trust. ‍ ## Market Dynamics and Client Expectations ### Shift Towards Digital Transformation The shift towards cloud-first infrastructure continues to reshape asset management. Organizations are embracing mobile apps, automated workflows, and connected dashboards to digitize and streamline operations. This transformation is critical for maintaining agility and reducing operational friction. ### Personalized Asset Management Services In 2025, clients expect personalization—not just in services, but also in insights. Custom dashboards, predictive alerts, and tailored asset lifecycle strategies are now essential components of a modern asset management solution. ‍ ## Workforce and Skill Development ### Upskilling and Reskilling The growing dependence on technology calls for a digitally fluent workforce. In 2025, businesses are investing in training programs that focus on data analytics, IoT device management, compliance, and AI interpretation—skills now considered core to asset management teams. ### Remote Work and Collaboration Tools Hybrid and remote work setups continue in 2025. Teams use cloud-based collaboration tools, digital inspection checklists, and virtual meetings to stay connected while managing assets from different locations in real time. ‍ ## Adoption of New Technologies ### BLE, NFC, RFID, and IoT The integration of BLE (Bluetooth Low Energy), NFC (Near Field Communication), RFID, and IoT is no longer optional—it’s foundational. These technologies power real-time scanning, inventory verification, and audit accuracy across industries. - BLE improves long-range tracking with low power consumption. - NFC enables contactless asset verification. - RFID automates audits and streamlines logistics. - IoT sensors provide real-time updates on asset condition and usage. This interconnected ecosystem makes asset management software smarter and more responsive. ‍ ## Emerging Use Cases and Integrations **New Use Cases** As industries become more asset-intensive, new applications of asset management are surfacing: - Healthcare: Managing medical equipment availability, service schedules, and sterilization records. - Retail: Automating inventory tracking, managing seasonal assets, and optimizing store layouts. - Education: Monitoring laboratory tools, classroom electronics, and campus infrastructure. **New Integrations** Asset platforms in 2025 are designed for seamless integration. They work hand-in-hand with ERP, CRM, HR, and finance tools to ensure consistency across departments. This boosts operational visibility and reduces data duplication. ‍ ## Data-Driven Asset Management In 2025, asset management is all about intelligent decision-making. Organizations are increasingly shifting to data-driven asset management, where every action is backed by analytics. This approach enables leaders to: - Predict repair schedules - Extend asset lifespans - Optimize procurement cycles - Avoid costly downtimes - Align asset performance with business goals Modern asset management software provides intuitive dashboards and real-time insights, helping organizations gain a 360-degree view of all their asset operations. ‍ ## Private Markets and Alternative Investments The asset management industry trends are now expanding into private markets and alternative assets. Businesses are increasingly investing in assets like: - Private equity holdings - Infrastructure projects - Renewable energy farms - Intellectual property portfolios These investments require specialized tracking, risk management, and reporting systems. Asset management tools in 2025 support valuation, performance monitoring, and compliance for such non-traditional assets. ‍ ## The Role of Blockchain and Tokenization in Asset Liquidity One of the most exciting asset management technology trends in 2025 is tokenization. Using blockchain, businesses are converting high-value assets into digital tokens that represent fractional ownership. This process brings: - **Increased Liquidity:** Assets like real estate or art can now be easily traded. - **Transparency:** Every transaction is traceable and secure on a blockchain ledger. - **Fractional Ownership:** Multiple stakeholders can invest in a single asset. - **Cost Reduction:** Intermediaries are minimized, and transactions are faster. Tokenization is especially useful for illiquid markets and is rapidly gaining regulatory acceptance in various countries. ‍ ## What is the Future of Asset Management? Looking ahead into the rest of 2025 and beyond, the future of asset management industry is being shaped by these driving forces: 1\. **AI-Powered Automation:** From work order creation to risk alerts, AI will automate more processes, reducing human error and enhancing efficiency. 2. **Sustainability First:** ESG compliance will become a default requirement, not a differentiator. Organizations will need to integrate sustainability into asset procurement, usage, and disposal. 3\. **Hyper-Personalization:** Asset dashboards and alerts will become user-specific, offering role-based insights and configurable analytics. 4\. **Cybersecurity Upgrades:** Asset managers will need end-to-end data protection measures, including encryption, access control, and zero-trust policies. 5\. **Platform-Centric Operations:** Instead of multiple tools, businesses will seek unified platforms that manage everything—from maintenance to compliance and reporting. **Also Read:** [The Future of Asset Management: Exploring NFC Technology](https://www.assetinfinity.com/blog/the-future-of-asset-management-exploring-nfc-technology) ‍ ## EndNote As 2025 unfolds, the asset management industry finds itself at a turning point. Technology is no longer a support function—it’s the driving force behind operational excellence, regulatory compliance, and business growth. Organizations that adapt to these asset management trends—by leveraging AI, investing in sustainability, adopting tokenization, and embracing data intelligence—will lead the pack. Choosing the right asset management software is no longer just an IT decision; it’s a strategic business move. Stay ahead, stay agile, and let innovation guide your asset journey. ## FAQs on Asset Management Trends ### What are the key technological trends in asset management for 2025? Top trends include AI-driven automation, IoT-enabled smart tracking, blockchain for security, and tokenization for asset liquidity. ### How is sustainability impacting asset management? Sustainability is becoming central to asset management, with a strong focus on emissions tracking, energy efficiency, and ESG-aligned strategies. ### What regulatory changes are affecting the asset management industry? Stricter regulations around reporting, data privacy, and sustainability are impacting asset governance, especially in finance and public sectors. ### How are client expectations evolving in asset management? Clients expect customized asset dashboards, predictive insights, and seamless mobile access, driven by digital transformation. ### What skills are needed for the future of asset management? Key skills include data analytics, AI tools, compliance knowledge, digital collaboration, and IoT-based asset handling. ##### Schedule a demo Calendly #### Categories [Asset Auditing](https://www.assetinfinity.com/category/asset-auditing) [Asset Management](https://www.assetinfinity.com/category/asset-management) [Asset Tracking](https://www.assetinfinity.com/category/asset-tracking) [EAM](https://www.assetinfinity.com/category/eam) [IT Asset Management](https://www.assetinfinity.com/category/it-asset-management) #### Other Resources [Case Studies](https://www.assetinfinity.com/case-studies) [Podcasts](https://www.assetinfinity.com/podcast) [Learning Centers](https://www.assetinfinity.com/learning-center) [Video Library](https://www.assetinfinity.com/video) ## Related Blogs ![](https://cdn.prod.website-files.com/60edc0a8835d5b38bf11f03f/683d416927e086b5d72a5ca8_Transforming%20B2B%20Logistics%20How%20Pod%20Trackers%20Revolutionize%20Asset%20Management.png)[Asset Management](https://www.assetinfinity.com/category/asset-management) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61bda6ff4d86523b231702a4_calendar%20(12).png) May 29, 2025 [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6744620119c1dc8f46942242_AI.webp)\\ Himanish Ganguly](https://www.assetinfinity.com/category/asset-management) [**Transforming B2B Logistics: How Pod Trackers Revolutionize Asset Management**](https://www.assetinfinity.com/blog/logistics-pod-trackers) Pod trackers offer real-time asset visibility, reduce losses, and optimize logistics. 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It makes use of strategically placed fixed RFID readers to track assets automatically and provide real-time updates on their status and location. The efficiency and accuracy of asset management are greatly increased as a result [![rfid asset tracking solutions](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648084d04fc4373660b729c2_RFID-fixed-reader-img1.webp)](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) ## **RFID Fixed Readers improves** **Asset Tracking & ROA** ![Complete Information](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ecb70bb8d0ea9113a6986_MicrosoftTeams-image%20(110).webp) ### **Automated Asset Tracking** Automate asset tracking to cut down on human labor and boost productivity ![Easy Checkin-check-out](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ecb83bb8d0ea9113a79ee_MicrosoftTeams-image%20(111).webp) ### **Real-Time Updates** For up-to-date information, get real-time updates on asset location and status ![Accurate Asset Tracking reports](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ecbc2c69acb78893c04f1_MicrosoftTeams-image%20(112).webp) ### **Improved Accuracy** Make your asset records more accurate to lower the possibility of loss or misplacing them ## Fixed Asset Tracking Software ## **RFID Fixed Readers improves operation efficiency & asset utilization** Track assets' movements automatically in real time to save time manually following them. Improve efficiency by continuously keeping an eye on your assets without human intervention. Reduce the amount of human error involved in manual tracking techniques. As your asset base grows, you can easily scale your asset tracking operations by adding more RFID readers ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ecbe470fda82b7cfab471_MicrosoftTeams-image%20(113).webp) Scalability ![Asset Theft Prevention](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ecc31ef808d15349e831e_MicrosoftTeams-image%20(115).webp) Automated tracking ![Eliminate Ghost assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ecc446f030f90aed65cf7_MicrosoftTeams-image%20(116).webp) Continuous Monitoring ![Eliminate Ghost assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ecc57c5092e1c431e6996_MicrosoftTeams-image%20(117).webp) Error Reduction [![rfid reader asset tracking](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6489b8b347b897cbf56ea04a_RFID-Fixed-Readers-improves-operation-efficiency-%26-asset-utilization.webp)](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [![rfid asset management system](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6489b8ef67303f0fb273e247_Real-Time-Updates-%26-Enhanced-Accuracy-with-RFID-Fixed-Readers.webp)](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) ## Fixed Asset Management System ## **Real-Time Updates & Enhanced Accuracy with RFID Fixed Readers** ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ecce7dfba7763278ed588_MicrosoftTeams-image%20(119).webp) **Real-Time Updates** Stay current on the location and status of your assets by receiving real-time updates ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ecbc2c69acb78893c04f1_MicrosoftTeams-image%20(112).webp) **Enhanced Accuracy** Make your asset records more accurate, which lowers the likelihood of loss or misplacement ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647eca57ed647d9b744ed449_MicrosoftTeams-image%20(138).webp) **Inventory Management** Utilize precise, up-to-date data to carry out inventory inspections with ease ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647dc6db4fba05e7731777cc_MicrosoftTeams-image%20(107).webp) **Data Analysis** For the purpose of making well-informed decisions on the use & management of assets, analyze real-time data ## Switch from Excels and Spreadsheets to a Cloud-Based Asset Management Software ## Explore our other features [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b1a6bcf8ed9e049d984_Asset-Tracking.png)\\ \\ **Asset Tracking** \\ \\ Asset tracking software tracks & monitors all the crucial assets & their performance. It helps in keeping track of assets & optimizes asset performance as well.](https://www.assetinfinity.com/features/asset-tracking-software) [![Inventory Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b285b8f64093612f7e1_Inventory-Management.png)\\ \\ **Inventory Management** \\ \\ Track your inventories with accurate numbers and get notified whenever inventory goes below the defined level. Manage them efficiently with proper inventory management.](https://www.assetinfinity.com/features/inventory-management-software) [![Asset Audit and Physical Verification - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b39debca6bd9b60e9fc_Audit-%26-Physical-Verifications.png)\\ \\ **Audit & Physical Verifications** \\ \\ Asset verification is crucial for the asset auditing process. Moreover, the condition of each asset is also checked and tracked in the asset audit procedure.](https://www.assetinfinity.com/features/asset-verification) [![Preventive Maintenance Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b4dcb2028de4c99de1e_Preventive-Maintenance.png)\\ \\ **Preventive Maintenance** \\ \\ Keep assets maintained & perform asset maintenance before breakdown occurs. With preventive maintenance, you can optimize asset performance as well.](https://www.assetinfinity.com/features/preventive-maintenance-software) [![Incident and Breakdown Management - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b5bbad13b2782b34003_breakdowns-%26-Incident.png)\\ \\ **Breakdowns & Incidents** \\ \\ Every incident is recorded, and the incident management team tries to resolve the incident quickly so that damage control can be done as quickly as possible.](https://www.assetinfinity.com/features/helpdesk-breakdown) [![Utility Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b67bf756e116dd5e081_Utility-Tracking.png)\\ \\ **Utility Tracking** \\ \\ Utility tracking can be helpful in minimizing utility bills. As utility tracking alert you on daily basis about utility consumption.](https://www.assetinfinity.com/features/usage-tracking) [![Purchase Requisition Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c0684d61e11cc0c28de817_Assets-%26-Items-Requisition.png)\\ \\ **Assets & Items Requisitions** \\ \\ In a huge organization, item requisition is important because it decreases the chances of fraudulent activities and makes operations organized.](https://www.assetinfinity.com/features/purchase-requisition-software) [![Purchase Order System - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b8dbf756e7ac1d610a0_purchase-order-receiving.png)\\ \\ **Purchase Orders & Receiving** \\ \\ For asset maintenance, maintenance team needs spare parts & for this purchase order is created & order is received.](https://www.assetinfinity.com/features/purchase-order-system) [![Asset Tracking & Management App - Asset Infinity ](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b99c2342e2319b1d12b_mobile-app.png)\\ \\ **Mobile Apps** \\ \\ Keep track of assets, schedule maintenance, make changes in operation with your mobile when you are away from your office!](https://www.assetinfinity.com/features/mobile-apps) [![Asset Management Security - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ba4315b195c48d96c3f_security.webp)\\ \\ **Security** \\ \\ Asset Infinity is hosted on Microsoft Azure and has enterprise grade security built-in.](https://www.assetinfinity.com/features/security) [![Asset Tracking Support - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ce40d2e82c1329c7d29_support.webp)\\ \\ **Support** \\ \\ We understand the value of our clients, that is why we believe in going extra mile for customers and provide support 24\*7.](https://www.assetinfinity.com/features/support) [![API Integration Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05bbc6f80754a6ce796f0_Integrations.webp)\\ \\ **Integrations** \\ \\ Our software is developed in a way so that integration can be done easily. We know an organization uses several applications and data collected from these applications is used to increase efficiency.](https://www.assetinfinity.com/features/integrations) ## Got any questions? We have the answers. [**Can we use existing SAP code as asset code?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to use SAP Code that is already created if the SAP codes are unique for individual assets. It would not be possible if you are using the same code for multiple assets. In case of same code for multiple assets, we need to split the assets and give them individual asset codes.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Does Asset code change when transferring assets between locations?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Asset Infinity gives you both options-change the asset code or keep it the same on location change. If the customer wants to change the number of asset while changing the location, the have a simple toggle button to do that. If they want to keep the number, then they do not have to do anything.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Do you suggest changing asset code when location changes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Our suggestion to the customer is to change their SAP code if they want, but to keep the asset code intact so that you have a complete asset history with you. This gives you the complete asset lifecycle in a single record.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Is it possible to migrate my SAP or ERP data into Asset Infinity?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, there are APIs available to receive and return data from your ERP system into Asset Infinity. The system maps existing data and uploads it to the relevant fields in the system. The data from SAP or your ERP can also be extracted as an excel and feed into the Asset Infinity system.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**If we added an Asset by mistake, is it possible to delete it completely?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to permanently delete an Asset and we give that access to the admin. But we always suggest discarding the asset and to not delete it completely. You can specify the reason and discard it, like this it will stay in the system, and you can access it whenever you want to.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**What is the information mentioned in Bar Code and QR Codes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The major information that we mention on the Bar Codes and QR Codes is the Asset Code. On scanning the tag you can see all the information pertaining to that asset code. Same goes for RFID and NFC.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Are all asset codes system generated?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No. You can also manually enter an asset code or the system generates it for you when you upload data. Asset codes can be changed at the time of asset creation or data upload.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**When the customer scans the code will they get all the information?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, if the customer scans through Asset Infinity’s app, then they will get complete details of their asset. But if the customer scans the code through any other scanner or through any other app then you will only receive the asset code/number of the asset and nothing else.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Why it is not possible to scan the code with any other scanner or App?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ This is due to security & privacy reasons. If any unauthorized person scans the asset code, they should not be able to see your asset details. Hence the information is restricted to authorized personnel with Asset Infinity account access.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**We already have QR codes and barcodes. Do we need to re-install them?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, you don’t need to install the QR code and Barcode again. If they are already present, we'll map the same tags to our system. But if there is any additional information in the tags vs what’s uploaded to asset infinity, then we would not be able to read the information.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**If there is an existing sticker tag on the asset, do we need to sticker tag it again?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ If asset code is stored, then we can use it and if it has some other information that it will be not scanned, and new tags will be stickered.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**When we transfer any asset from one location to another does the latitude longitude information get changed automatically?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, the latitude longitude information is not recorded automatically. We need to update it after a change in location.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**It is possible to put Depreciation and other details at Block level and not Asset Level?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.  For example, the customer has a laptop, they defined that the life of asset is 5 years, and the percentage of depreciation is 20%. Now if any laptop is purchase then the system will automatically used for all the other assets too.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Is it possible to predefine the end of life and other things of the asset?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**What are the provisions for dealing with duplicity of asset records?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No two asset can have same code/number and two Sales Number cannot be the same.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Can we customize the sticker or not?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we can customize the Bar Code and QR Codes by adding asset name, number, location, logo of company, etc on it.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Can we put a coloured Logo on our asset sticker?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to get colour logo.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Which stickers and printers should be used to print asset stickers/ asset tags?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ It varies case to case, as different customers have different requirements. We usually use polyester stickers if the surface is hard or if we need the sticker to be weatherproof then we recommend metal stickers. Normally we recommend 60 x 25 sticker size, but it is not mandatory. You can choose any size of sticker according to your requirements.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Is it possible to print another sticker if the first one is damaged? In same price.**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible. You can search for the asset number in the system and then get all the information of the asset and then you can print a new sticker for the asset.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**What is the life of Stickers?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The life of stickers that we generally use has a life of 4-5 years.We recommend a transparent protective layer on this sticker which enhances this life span of this sticker.The sticker would not be damaged because of water/dust/cleaning of asset.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Will every user see all the information of an asset?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No there are roles and permissions through which we manage and ensure the users see information only relevant to them. For example, an IT user can see only IT assets-related information & finance department user can see all assets. Invoice details and depreciation information cannot be accessed by a normal user. Therefore, according to roles, fields are visible. In this application, there is proper management of roles & permission.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**If I have multiple type of users (like viewers, approvers & transaction-making users) does the product price vary?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ For the asset management module, we allow unlimited users with no restrictions, and billing is done based on asset numbers. However, for other modules such as maintenance & purchase, we bill on the basis of number of users.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**In this application can I calculate depreciation?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can calculate depreciation & there are two methods we deploy-Straight line & WDV method. You can choose any method according to your needs.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**What are delivery notes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Delivery notes come in handy when we are transferring an asset or assigning it to the employee then we can make PDF and send it over mail or print out it and & take his/her acceptance & similarly when we take back an asset from an employee, we can generate receipt](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Can we generate delivery notes/asset receipt confirmations from the system?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, this feature is available. With Asset Infinity you can customize it as well. Asset Delivery notes can pick existing asset information from the system automatically and if you want to add any other information that can be also done.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Can we define Parent-child assets?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There are options for linking assets so yes parent-child assets can be created and defined easily.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Can we create a custom field for assets at category level?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, this feature is available. For example, a laptop may need different fields & a piece of furniture may need completely different fields.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**Is there an approval process for transferring or discarding assets?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There is a proper workflow engine in this application so yes you can define the workflow and approval processes for asset transfer or asset discard.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**My ERP system has limited asset information fields. Can we add more info when we add the asset to Asset Infinity?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, when an asset is added, the workflow will be initiated, and all the information can be added such as AMC details, Model No, purchase details, etc. Any information which is not available in ERP you can add that too in this application as a custom filed as well.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**How will I transfer my data to the Asset Infinity application?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There are two methods for that. First is Bulk Import (must have data in excel format) & the second option is integration with your existing ERP, for which we have APIs.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) [**How to get started in Asset Infinity? I have data in excel! Is your template customizable?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can customize it according to your needs & our support team can also assist you in uploading data.](https://www.assetinfinity.com/add-ons/asset-rfid-reader#) ## Simplify assets & equipment tracking and maintenance with Asset Infinity From small teams to large enterprises, Asset Infinity is the go-to **Enterprise Asset Management (EAM)** solution for **tracking equipment and optimizing the entire asset lifecycle.** Simplify operations, improve asset performance, and reduce downtime with our powerful and intuitive platform. 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Benefits for IoT Asset Management # What Is IoT? Benefits for IoT Asset Management [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6744620119c1dc8f46942242_AI.webp)\\ Himanish Ganguly](https://www.assetinfinity.com/author/himanish-ganguly) \| ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61bda6ff4d86523b231702a4_calendar%20(12).png) Monday, July 29, 2024 ![IoT Asset Management](https://cdn.prod.website-files.com/60edc0a8835d5b38bf11f03f/66a7601177811aae85bbf817_What%20Is%20IoT%20and%20How%20Is%20It%20Helpful%20in%20Asset%20Management.png) In today’s fast-paced business environment, the efficient management of assets is crucial for maintaining productivity and profitability. The Internet of Things (IoT) has emerged as a game-changer in asset management, offering innovative solutions to traditional challenges. This blog post explores what IoT is, its benefits and drawbacks, and how it is revolutionizing asset management using IoT. ## **What is IoT?** [**IoT**](https://www.assetinfinity.com/blog/what-is-iot-and-how-is-it-helpful-in-asset-management) **(Internet of Things)** refers to a network of interconnected devices that communicate and exchange data with each other over the internet. These devices, embedded with sensors, software, and other technologies, collect and share data, providing valuable insights and enabling automation and enhanced control. ## **How IoT Works** IoT devices collect data from their environment and transmit it to a central system or cloud platform. This data can be analyzed in real-time to monitor conditions, detect anomalies, and make informed decisions. In asset management, IoT devices can be attached to various assets to track their location, usage, condition, and performance. ### **Examples of IoT Devices** 1. **Sensors:** Temperature, humidity, vibration, and pressure sensors can be attached to assets to monitor their condition. 2. **RFID Tags:** Used for tracking the location and movement of assets within a facility. 3. **Smart Meters:** Monitor energy usage of assets, helping to optimize energy consumption. 4. **GPS Trackers:** Provide real-time location data for assets in transit. ## **What Are the Benefits of IoT?** Implementing IoT in asset management offers numerous advantages, revolutionizing how businesses manage their assets. ### **Real-Time Monitoring** - **Benefit:** IoT enables continuous real-time monitoring of assets, providing up-to-date information on their status and location. **‍** - **Why It’s Important:** Real-time monitoring helps in quickly identifying and addressing issues, reducing downtime and improving operational efficiency. **‍** - **Example:** In the [logistics industry](https://www.assetinfinity.com/blog/iot-asset-management-for-logistics-industry), IoT devices can monitor the temperature of perishable goods during transit, ensuring they remain within safe limits and reducing spoilage. ### **Predictive Maintenance** - **Benefit:** IoT sensors can predict when an asset is likely to fail based on its condition and usage patterns. **‍** - **Why It’s Important:** Predictive maintenance minimizes unexpected breakdowns, extending the lifespan of assets and reducing maintenance costs. **‍** - **Example:** In manufacturing, IoT sensors can monitor machinery vibrations and predict when parts need replacement, preventing costly production halts ### **Enhanced Utilization** - **Benefit:** IoT provides detailed data on how assets are used, helping businesses optimize asset utilization. **‍** - **Why It’s Important:** By understanding usage patterns, businesses can allocate resources more effectively, reducing wastage and improving productivity. **‍** - **Example:** In healthcare, IoT can track the usage of medical equipment, ensuring that high-demand devices are available when needed and reducing idle time. ### **Improved Decision-Making** - **Benefit:** IoT generates a wealth of data that can be analyzed to gain insights into asset performance and operational efficiency. **‍** - **Why It’s Important:** Data-driven decisions lead to better resource management, cost savings, and strategic planning. **‍** - **Example:** In agriculture, IoT devices can monitor soil moisture levels and help farmers make informed decisions about irrigation, improving crop yields. ### **Increased Safety** - **Benefit:** IoT can monitor environmental conditions and alert users to potential safety hazards. **‍** - **Why It’s Important:** Enhancing workplace safety protects employees and reduces the risk of accidents, leading to a safer working environment. **‍** - **Example:** In the oil and gas industry, IoT sensors can detect gas leaks and alert workers to evacuate, preventing accidents and ensuring safety compliance. ## **What Are the Drawbacks of IoT?** While IoT offers significant benefits, it also comes with challenges: ### **Security Concerns** - **Drawback:** IoT devices can be vulnerable to cyberattacks, potentially compromising sensitive data. **‍** - **Mitigation:** Implementing robust security measures and regular updates can help protect against cyber threats. **‍** - **Example:** Businesses can use encryption and secure communication protocols to safeguard data transmitted by IoT devices. ### **High Implementation Costs** - **Drawback:** The initial cost of deploying IoT infrastructure can be high. **‍** - **Mitigation:** Consider the long-term benefits and ROI, and start with a scalable solution that can grow with your business. **‍** - **Example:** A phased implementation approach allows businesses to gradually integrate IoT technologies, spreading out costs and mitigating financial impact. ### **Data Overload** - **Drawback:** IoT generates vast amounts of data, which can be overwhelming to manage and analyze. **‍** - **Mitigation:** Use advanced analytics and data management tools to filter and interpret relevant information. **‍** - **Example:** Employing AI and machine learning algorithms can help businesses analyze IoT data efficiently, extracting actionable insights. ## **How IoT Is Helpful in Asset Management?** IoT transforms asset management by providing comprehensive visibility and control over assets. Here are some ways IoT enhances asset management: ### **Automated Tracking** IoT devices automatically track the location and status of assets. - **Benefit:** This reduces manual tracking efforts and ensures accurate asset records. **‍** - **Example:** In warehouses, IoT-enabled RFID tags can track the movement of goods, providing real-time inventory updates and reducing discrepancies. ### **Condition Monitoring** Sensors monitor the condition of assets, such as temperature, humidity, and vibration. - **Benefit:** Condition monitoring helps in identifying potential issues before they lead to failures. **‍** - **Example:** In data centers, IoT sensors can monitor server temperatures, alerting operators to overheating risks and preventing downtime. ### **Inventory Management** IoT streamlines inventory management by providing real-time data on stock levels and movements. - **Benefit:** This ensures optimal inventory levels, reducing stockouts and overstock situations. **‍** - **Example:** Retailers can use IoT to monitor stock levels in real-time, enabling automatic reordering and reducing the risk of running out of popular items. ### **Compliance and Reporting** IoT simplifies compliance by automatically logging asset data and generating reports. - **Benefit:** This ensures adherence to regulations and simplifies audit processes. - ‍ **Example:** In pharmaceuticals, IoT can track and record the conditions in which drugs are stored and transported, ensuring compliance with health regulations. ## **Why Is IoT Asset Management Solution Getting Popular?** The popularity of IoT [asset management solutions](https://www.assetinfinity.com/) is growing due to several factors: ### **Cost Savings** - **Reason:** IoT reduces operational costs through improved efficiency and predictive maintenance. **‍** - **Example:** Predictive maintenance reduces the need for frequent repairs, lowering maintenance costs over time. ### **Enhanced Efficiency** - **Reason:** Real-time data and automation streamline asset management processes, boosting productivity. **‍** - **Example:** Automated tracking and monitoring reduce the time and effort required for manual asset management tasks. ### **Competitive Advantage** - **Reason:** Businesses that adopt IoT gain a competitive edge by leveraging technology to optimize operations. **‍** - **Example:** Companies using IoT can offer better service levels, faster response times, and more accurate [asset tracking](https://www.assetinfinity.com/features/asset-tracking-software), differentiating themselves from competitors. ### **Scalability** - **Reason:** IoT solutions can easily scale to accommodate growing asset inventories and expanding business needs. **‍** - **Example:** IoT systems can be expanded with additional devices and sensors as a business grows, ensuring continuous improvement in asset management. ## **Use Cases for IoT in Asset Monitoring** IoT is being utilized across various industries for [asset monitoring](https://www.assetinfinity.com/blog/asset-monitoring-software-benefits). Here are some examples of IoT asset management use cases: ### **Manufacturing** - **Use Case:** Monitoring machinery performance and predicting maintenance needs. **‍** - **Example:** IoT sensors can detect wear and tear in industrial machines, scheduling maintenance before breakdowns occur. For instance, vibration sensors can monitor the condition of motors and bearings, predicting failures and preventing costly downtime. Additionally, real-time data from IoT devices can help optimize production schedules by identifying bottlenecks and inefficiencies. ### **Healthcare** - **Use Case:** Tracking medical equipment and ensuring it is available and functional when needed. **‍** - **Example:** Hospitals can use IoT to monitor the usage and location of critical medical devices, ensuring they are ready for use during emergencies. For example, IoT-enabled infusion pumps can be tracked and monitored for their usage patterns, ensuring that they are available and maintained properly. Furthermore, IoT sensors can monitor the condition of refrigerated storage units, ensuring that vaccines and medications are stored at the correct temperatures. ### **Logistics** - **Use Case:** Monitoring the location and condition of goods during transit to ensure timely and safe delivery. **‍** - **Example:** IoT devices can track the temperature and humidity of perishable goods, ensuring they are transported under optimal conditions. For instance, GPS trackers can provide real-time location data for shipments, allowing logistics companies to optimize routes and delivery times. Additionally, IoT sensors can monitor the condition of goods, alerting operators to any deviations from the required conditions and preventing spoilage. ### **Retail** - **Use Case:** Managing inventory levels and tracking stock movements to optimize supply chain operations. **‍** - **Example:** Retailers can use IoT to monitor shelf stock in real-time, reducing the risk of stockouts and improving customer satisfaction. For example, IoT-enabled RFID tags can track the movement of goods within a store, providing real-time data on inventory levels. This allows retailers to automate reordering processes, ensuring that popular items are always in stock. Additionally, IoT devices can monitor the condition of perishable goods, ensuring they are stored and displayed correctly **.Suggested Read:** [How IoT Is Revolutionizing Dark Store Operations](https://www.assetinfinity.com/blog/how-iot-is-revolutionizing-dark-store-operations) ## **Metrics to Track the Efficacy of IoT-Based Asset Management** To gauge the effectiveness of IoT-based [asset management](https://www.assetinfinity.com/features/asset-management), consider tracking the following metrics: ### **Asset Utilization Rate** - **Metric:** Measures how effectively assets are being used. **‍** - **Example:** Tracking the utilization rate of machinery can help identify underused equipment that could be repurposed or retired. For instance, analyzing data on machine usage can reveal if certain assets are being underutilized, allowing businesses to reallocate resources more efficiently. ### **Downtime Reduction** - **Metric:** Tracks the decrease in asset downtime due to predictive maintenance. **‍** - **Example:** Monitoring downtime metrics can demonstrate the impact of IoT in reducing unexpected equipment failures. For example, analyzing data on machine uptime and downtime can help identify patterns and predict potential failures, allowing for timely maintenance and reducing overall downtime. ### **Maintenance Costs** - **Metric:** Monitors the reduction in maintenance expenses over time. **‍** - **Example:** Comparing maintenance costs before and after IoT implementation can highlight cost savings achieved through predictive maintenance. For instance, tracking expenses related to repairs, spare parts, and labor can provide insights into the financial benefits of IoT-based maintenance strategies. ### **ROI on IoT Investment** - **Metric:** Calculates the return on investment from implementing IoT solutions. - ‍ **Example:** Analyzing ROI can help justify the initial investment in IoT technology by demonstrating long-term financial benefits. For instance, comparing the costs of IoT implementation with the savings achieved through improved efficiency, reduced downtime, and lower maintenance costs can provide a clear picture of the financial impact of IoT solutions. ## **Frequently Asked Questions (FAQs)** **‍** ### **What is IoT in asset management?** IoT in asset management refers to the use of interconnected devices and sensors to monitor, track, and manage assets in real-time. ### **How does IoT improve asset management?** IoT improves asset management by providing real-time data, enabling predictive maintenance, optimizing asset utilization, and enhancing decision-making. ### **What are the challenges of implementing IoT in asset management?** Challenges include security concerns, high implementation costs, and data overload. ### **How can businesses mitigate IoT security risks?** Implementing robust security measures, regular updates, and encryption can help mitigate IoT security risks. ### **What industries benefit the most from IoT asset management?** Industries such as manufacturing, healthcare, logistics, and retail benefit significantly from IoT asset management. Implementing IoT in asset management can revolutionize the way businesses track and manage their assets, leading to improved efficiency, reduced costs, and enhanced productivity. By understanding the benefits, challenges, and use cases, businesses can leverage IoT to gain a competitive edge in their asset management practices. ##### Schedule a demo Calendly #### Categories [Asset Auditing](https://www.assetinfinity.com/category/asset-auditing) [Asset Management](https://www.assetinfinity.com/category/asset-management) [Asset Tracking](https://www.assetinfinity.com/category/asset-tracking) [EAM](https://www.assetinfinity.com/category/eam) [IT Asset Management](https://www.assetinfinity.com/category/it-asset-management) #### Other Resources [Case Studies](https://www.assetinfinity.com/case-studies) [Podcasts](https://www.assetinfinity.com/podcast) [Learning Centers](https://www.assetinfinity.com/learning-center) [Video Library](https://www.assetinfinity.com/video) ## Related Blogs ![](https://cdn.prod.website-files.com/60edc0a8835d5b38bf11f03f/683d416927e086b5d72a5ca8_Transforming%20B2B%20Logistics%20How%20Pod%20Trackers%20Revolutionize%20Asset%20Management.png)[Asset Management](https://www.assetinfinity.com/category/asset-management) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61bda6ff4d86523b231702a4_calendar%20(12).png) May 29, 2025 [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6744620119c1dc8f46942242_AI.webp)\\ Himanish Ganguly](https://www.assetinfinity.com/category/asset-management) [**Transforming B2B Logistics: How Pod Trackers Revolutionize Asset Management**](https://www.assetinfinity.com/blog/logistics-pod-trackers) Pod trackers offer real-time asset visibility, reduce losses, and optimize logistics. 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How may I help you today? ## IT Asset Management Challenges [![Schedule a demo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f70b2d2b43277eb25c320c_MicrosoftTeams-image%20(54).webp)\\ Schedule a demo](https://www.assetinfinity.com/schedule-a-demo) [![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709f92d171e7e308d8dd8_MicrosoftTeams-image%20(53).webp)\\ +1-855-823-2600 / +91-9798-500-500](tel:+18558232600) [![email](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709c080819121b1bc57f5_MicrosoftTeams-image%20(52).webp)\\ sales@assetinfinity.com](mailto:sales@assetinfinity.com?subject=Inquiry%20about%20Asset%20Infinity) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) ![menu](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bf74411f047_Menu%20Icon.svg) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) Features ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Solutions ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Resources ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) [Pricing](https://www.assetinfinity.com/blog/challenges-of-asset-it-management-how-to-overcome-them#) [Partners](https://www.assetinfinity.com/blog/challenges-of-asset-it-management-how-to-overcome-them#) [Contact](https://www.assetinfinity.com/blog/challenges-of-asset-it-management-how-to-overcome-them#) [Sign In](https://www.assetinfinity.com/blog/challenges-of-asset-it-management-how-to-overcome-them#) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Back [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Features](https://www.assetinfinity.com/blog/challenges-of-asset-it-management-how-to-overcome-them#) Asset Management Inventory Management Schedules & Maintenance Helpdesk & Breakdown Purchase Management Usage Tracking Asset Infinity Store [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Solutions](https://www.assetinfinity.com/blog/challenges-of-asset-it-management-how-to-overcome-them#) By Use Case By Industry By Job Role [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Resources](https://www.assetinfinity.com/blog/challenges-of-asset-it-management-how-to-overcome-them#) Tools Learn Connect With Us [Home](https://www.assetinfinity.com/) \> [Blog](https://www.assetinfinity.com/blog) \> [IT Asset Management](https://www.assetinfinity.com/category/it-asset-management) \> Challenges of Asset IT Management: How to Overcome Them # Challenges of Asset IT Management: How to Overcome Them [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6744620119c1dc8f46942242_AI.webp)\\ Jasmeet Marwah](https://www.assetinfinity.com/author/jasmeet-marwah) \| ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61bda6ff4d86523b231702a4_calendar%20(12).png) Wednesday, June 21, 2023 ![IT Asset Management Challenges and Solutions](https://cdn.prod.website-files.com/60edc0a8835d5b38bf11f03f/646f328a8502224dbcce618f_Neil-patel-30-Feature-img.png) Asset IT management involves the management of an organization's IT assets, including hardware, software, and infrastructure. Effective IT asset management can help businesses streamline their operations and optimize their IT investments. However, managing IT assets can present a range of challenges that must be addressed to ensure efficient and effective asset management. In this blog, we will explore the most common challenges faced by organizations in IT asset management and provide tips on how to overcome them. IT asset management is essential to ensure the proper functioning of IT infrastructure and to minimize the risk of downtime or data breaches. However, managing IT assets is a complex process that presents several challenges, such as: - **Lack of visibility:** It can be difficult to track all IT assets, especially when they are spread across multiple locations. - **Data accuracy:** Maintaining accurate records of IT assets can be challenging, particularly when assets are frequently added or removed from the organization. - **Compliance:** Ensuring that IT assets comply with industry regulations and internal policies can be challenging, especially when regulations and policies are constantly changing. - **Security:** Protecting IT assets from cyber threats and ensuring data security is a significant challenge for organizations of all sizes. - **Cost control:** Managing IT assets can be expensive, and it can be difficult to control costs and optimize IT investments. In the following sections, we will explore each of these challenges in more detail and provide tips on how to overcome them to achieve effective IT asset management. [IT Asset Management](https://www.assetinfinity.com/solutions/it-asset-tracking) (ITAM) is the process of managing an organization's IT assets in order to optimize their usage and ensure the availability of the required IT resources. However, IT Asset Management can be challenging, especially for small and medium-sized businesses. **Some of the key challenges faced in IT Asset Management include:** ‍ - **Lack of Visibility:** One of the biggest challenges faced in IT Asset Management is the lack of visibility into the IT infrastructure. This can make it difficult to track and manage assets, leading to inefficiencies and increased costs. To overcome this challenge, organizations should implement an automated IT Asset Management system that provides real-time visibility into the IT infrastructure . - **Manual Processes:** Manual processes can be time-consuming and error-prone, leading to delays and inaccuracies in IT Asset Management. To overcome this challenge, organizations should automate IT Asset Management processes, including asset discovery, tracking, and reporting. - **Shadow IT:** Shadow IT refers to the use of IT resources without the knowledge or approval of the IT department. This can lead to security risks, as well as inefficiencies and increased costs. To overcome this challenge, organizations should implement policies and procedures to prevent the use of unauthorized IT resources. - **Compliance:** Compliance with industry regulations and standards can be a challenge for IT Asset Management. Organizations must ensure that their IT assets are properly managed and secured, and that they comply with relevant regulations and standards. To overcome this challenge, organizations should implement IT Asset Management solutions that include compliance management capabilities. - **Cost:** Managing IT assets can be costly, especially when manual processes are used. Organizations must balance the costs of IT Asset Management with the benefits of having a well-managed IT infrastructure. To overcome this challenge, organizations should implement IT Asset Management solutions that provide cost-effective and efficient management of IT assets. - **Scalability:** As organizations grow and their IT infrastructure expands, IT Asset Management can become more challenging. To overcome this challenge, organizations should implement scalable IT Asset Management solutions that can grow with the organization. - **Integration:** Integration with other IT systems and applications can be a challenge for IT Asset Management. Organizations must ensure that their IT Asset Management solutions are integrated with other IT systems and applications, such as IT service management (ITSM) and enterprise resource planning (ERP) systems. To overcome this challenge, organizations should implement IT Asset Management solutions that support integration with other IT systems and applications. Overall, IT Asset Management can be a challenging task, but with the right solutions and strategies in place, organizations can overcome these challenges and optimize their IT infrastructure. ## **Importance of IT Asset Management:** IT Asset Management is crucial for organizations in all industries as it helps them ensure that their IT assets are being used efficiently and effectively. By properly managing IT assets, organizations can improve their overall productivity, reduce costs, and ensure compliance with regulatory requirements. Without proper IT [Asset Management](https://www.assetinfinity.com/), organizations may face a variety of issues such as lost or stolen assets, software license violations, and security breaches. Additionally, IT Asset Management enables organizations to plan for future IT investments and upgrades, ensuring that they have the necessary resources to support their business objectives. Therefore, regardless of the industry, organizations must prioritize IT Asset Management to remain competitive and achieve their goals. ### **Conclusion:** In conclusion, IT asset management is crucial for any organization, regardless of the industry it belongs to. The challenges faced in IT asset management, such as the lack of standardization, manual processes, and budget constraints, can be overcome with the right strategies and tools. Adopting a comprehensive [IT asset management](https://www.assetinfinity.com/case-study-directory/call-center-it-asset-management) program can help organizations track and manage their IT assets, streamline processes, reduce costs, and improve overall efficiency. It can also help with compliance and security, ensuring that an organization's IT assets are protected and properly utilized. Therefore, it is important for organizations to prioritize IT asset management and invest in the necessary resources to overcome the challenges and reap the benefits. ##### Schedule a demo Calendly #### Categories [Asset Auditing](https://www.assetinfinity.com/category/asset-auditing) [Asset Management](https://www.assetinfinity.com/category/asset-management) [Asset Tracking](https://www.assetinfinity.com/category/asset-tracking) [EAM](https://www.assetinfinity.com/category/eam) [IT Asset Management](https://www.assetinfinity.com/category/it-asset-management) #### Other Resources [Case Studies](https://www.assetinfinity.com/case-studies) [Podcasts](https://www.assetinfinity.com/podcast) [Learning Centers](https://www.assetinfinity.com/learning-center) [Video Library](https://www.assetinfinity.com/video) ## Related Blogs ![IT Asset Management](https://cdn.prod.website-files.com/60edc0a8835d5b38bf11f03f/66a0c360ecca532448a11ddb_IT%20Asset%20Management%20Guide%20(1).png)[IT Asset Management](https://www.assetinfinity.com/category/it-asset-management) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61bda6ff4d86523b231702a4_calendar%20(12).png) July 24, 2024 [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6744620119c1dc8f46942242_AI.webp)\\ Jasmeet Marwah](https://www.assetinfinity.com/category/it-asset-management) [**ITAM: A Comprehensive Guide to IT Asset Management**](https://www.assetinfinity.com/blog/it-asset-management-guide) IT asset management simplifies tracking, optimizing, and managing IT assets, ensuring compliance, reducing costs, and improving decision-making. ![IT Asset Management Challenges and Solutions](https://cdn.prod.website-files.com/60edc0a8835d5b38bf11f03f/646f328a8502224dbcce618f_Neil-patel-30-Feature-img.png)[IT Asset Management](https://www.assetinfinity.com/category/it-asset-management) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61bda6ff4d86523b231702a4_calendar%20(12).png) June 21, 2023 [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6744620119c1dc8f46942242_AI.webp)\\ Jasmeet Marwah](https://www.assetinfinity.com/category/it-asset-management) [**Challenges of Asset IT Management: How to Overcome Them**](https://www.assetinfinity.com/blog/challenges-of-asset-it-management-how-to-overcome-them) Don't let IT asset management challenges hold you back. Discover how to overcome them with our expert tips and strategies. ![Banking Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b38bf11f03f/620350dc43c6d903e1fa19a7_Banking%20Asset%20Management%20Software.jpg)[IT Asset Management](https://www.assetinfinity.com/category/it-asset-management) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61bda6ff4d86523b231702a4_calendar%20(12).png) February 9, 2022 [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6744620119c1dc8f46942242_AI.webp)\\ Jasmeet Marwah](https://www.assetinfinity.com/category/it-asset-management) [**Importance & Benefits of IT Asset Management in the Banking Sector**](https://www.assetinfinity.com/blog/benefits-of-it-asset-management-in-banking-sector) There are multiple assets in the banking sector and are spread across multiple locations, so to effective manage and track them an automated software which is highly accurate and provides real time information is much needed. [See More](https://www.assetinfinity.com/blog) ## Simplify assets & equipment tracking and maintenance with Asset Infinity From small teams to large enterprises, Asset Infinity is the go-to **Enterprise Asset Management (EAM)** solution for **tracking equipment and optimizing the entire asset lifecycle.** Simplify operations, improve asset performance, and reduce downtime with our powerful and intuitive platform. 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How may I help you today? ## Service Budget Management ![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931256f0db42c8f1d5b_phone-call.png) +1-855-823-2600 / +91-9798-500-500 ![calendar icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931ed043fc9bced2656_calendar.webp) Schedule A Call ![email icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931adf80b4e4ec14aeb_email.webp) sales@assetinfinity.com [![Schedule a demo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f70b2d2b43277eb25c320c_MicrosoftTeams-image%20(54).webp)\\ Schedule a demo](https://www.assetinfinity.com/schedule-a-demo) [![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709f92d171e7e308d8dd8_MicrosoftTeams-image%20(53).webp)\\ +1-855-823-2600 / +91-9798-500-500](tel:+18558232600) [![email](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709c080819121b1bc57f5_MicrosoftTeams-image%20(52).webp)\\ sales@assetinfinity.com](mailto:sales@assetinfinity.com?subject=Inquiry%20about%20Asset%20Infinity) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) ![menu](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bf74411f047_Menu%20Icon.svg) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) Features ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Solutions ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Resources ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) [Pricing](https://www.assetinfinity.com/add-ons/budgets-for-service#) [Partners](https://www.assetinfinity.com/add-ons/budgets-for-service#) [Contact](https://www.assetinfinity.com/add-ons/budgets-for-service#) [Sign In](https://www.assetinfinity.com/add-ons/budgets-for-service#) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Back [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Features](https://www.assetinfinity.com/add-ons/budgets-for-service#) Asset Management Inventory Management Schedules & Maintenance Helpdesk & Breakdown Purchase Management Usage Tracking Asset Infinity Store [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Solutions](https://www.assetinfinity.com/add-ons/budgets-for-service#) By Use Case By Industry By Job Role [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Resources](https://www.assetinfinity.com/add-ons/budgets-for-service#) Tools Learn Connect With Us [Home](https://www.assetinfinity.com/) \> [Features](https://www.assetinfinity.com/features) \> [Service Requests](https://www.assetinfinity.com/features/service-request) \> [Add-ons](https://www.assetinfinity.com/add-ons/budgets-for-service#) \> [Budgets for Service](https://www.assetinfinity.com/add-ons/budgets-for-service) # Budgets for Service ## **Manage and allocate budgets specifically for service-related expenses within your organization.** **Procurement Management Software: Multiple Problems, One Solution** - The Budgets for Services feature in Asset Infinity allows you to manage and allocate budgets specifically for service-related expenses within your organization. It enables you to set and track budget limits, monitor expenditures, and ensure effective financial control over service-related costs. [![Budget Tracking](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b14e6ca83e0420de4b416_screens1.webp)](https://www.assetinfinity.com/add-ons/budgets-for-service#) ## **Effective financial management of** **service-related expenses** ![Complete Information](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648977e693821e6d2ee26b11_Financial%20Control.svg) ### **Financial Control** Establish budget limits for service-related costs, ensuring better control over expenditures and preventing overspending ![Easy Checkin-check-out](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648977f657c8113a87392a2c_Expense%20Tracking.svg) ### **Expense Tracking** Monitor service-related expenses in real-time, allowing for better financial visibility and tracking of costs ![Accurate Asset Tracking reports](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/64897801e748aa8993f57661_Cost%20Optimization.svg) ### **Cost Optimization** Analyze service-related expenses against budget allocations, identify areas of cost optimization, and make informed decisions ## Budget Allocation and Tracking ## **Allocation and tracking of budgets for service-related expenses** The Budgets for Services feature offers comprehensive functionality for managing and controlling service-related expenses. With this feature, you can create specific budget categories for various service types, such as maintenance, repairs, consulting, or professional services. Allocate budget amounts to each category based on your financial plans and organizational priorities. As expenses are incurred, you can track them in real-time, comparing them to the budgeted amounts to ensure accurate expense monitoring ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648978125f84a293770800e2_Budget%20Creation.svg) Budget Creation ![Asset Theft Prevention](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6489781b5474e6091e9d4ea4_Budget%20Allocation.svg) Budget Allocation ![Eliminate Ghost assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/64897827cd86d636c14863e0_Real-Time%20Expense%20Tracking.svg) Real-Time Expense Tracking ![Eliminate Ghost assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648978359070ba7656d8333d_Budget%20Adjustments.svg) Budget Adjustments [![Procurement Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b15b8459104954121edfd_screens2.webp)](https://www.assetinfinity.com/add-ons/budgets-for-service#) [![financial asset management](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b15cf7264b592ddf31b7c_screens3.webp)](https://www.assetinfinity.com/add-ons/budgets-for-service#) ## Reporting and Analysis ## **Reporting and analysis capabilities for effective financial management** The Budgets for Services feature offers robust reporting and analysis capabilities, empowering effective financial management. You can generate reports that compare actual service-related expenses to the budgeted amounts, enabling you to identify any overages or savings. Conducting variance analysis helps you delve deeper into the reasons behind the discrepancies between actual expenses and budgeted amounts, providing valuable insights for improved budgeting and cost control ![Upload Multiple assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648978493b6542de8ad66b20_Generate%20reports.svg) ##### Generate reports comparing actual service-related expenses to budgeted amounts, identifying overages or savings ![Get Alert & Reminders](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6489789de5792b3294703468_budgeted%20amounts.svg) ##### Analyze variances between actual expenses and budgeted amounts, understanding the reasons behind the discrepancies ![Add new assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/64897857f945b7d9efb3b70e_analysis.webp) ##### Utilize historical data and budget analysis to forecast future service-related expenses, facilitating financial planning and resource allocation ## Switch from Excels and Spreadsheets to a Cloud-Based Asset Management Software ## Explore our other features [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b1a6bcf8ed9e049d984_Asset-Tracking.png)\\ \\ **Asset Tracking** \\ \\ Asset tracking software tracks & monitors all the crucial assets & their performance. It helps in keeping track of assets & optimizes asset performance as well.](https://www.assetinfinity.com/features/asset-tracking-software) [![Inventory Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b285b8f64093612f7e1_Inventory-Management.png)\\ \\ **Inventory Management** \\ \\ Track your inventories with accurate numbers and get notified whenever inventory goes below the defined level. Manage them efficiently with proper inventory management.](https://www.assetinfinity.com/features/inventory-management-software) [![Asset Audit and Physical Verification - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b39debca6bd9b60e9fc_Audit-%26-Physical-Verifications.png)\\ \\ **Audit & Physical Verifications** \\ \\ Asset verification is crucial for the asset auditing process. Moreover, the condition of each asset is also checked and tracked in the asset audit procedure.](https://www.assetinfinity.com/features/asset-verification) [![Preventive Maintenance Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b4dcb2028de4c99de1e_Preventive-Maintenance.png)\\ \\ **Preventive Maintenance** \\ \\ Keep assets maintained & perform asset maintenance before breakdown occurs. With preventive maintenance, you can optimize asset performance as well.](https://www.assetinfinity.com/features/preventive-maintenance-software) [![Incident and Breakdown Management - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b5bbad13b2782b34003_breakdowns-%26-Incident.png)\\ \\ **Breakdowns & Incidents** \\ \\ Every incident is recorded, and the incident management team tries to resolve the incident quickly so that damage control can be done as quickly as possible.](https://www.assetinfinity.com/features/helpdesk-breakdown) [![Utility Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b67bf756e116dd5e081_Utility-Tracking.png)\\ \\ **Utility Tracking** \\ \\ Utility tracking can be helpful in minimizing utility bills. As utility tracking alert you on daily basis about utility consumption.](https://www.assetinfinity.com/features/usage-tracking) [![Purchase Requisition Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c0684d61e11cc0c28de817_Assets-%26-Items-Requisition.png)\\ \\ **Assets & Items Requisitions** \\ \\ In a huge organization, item requisition is important because it decreases the chances of fraudulent activities and makes operations organized.](https://www.assetinfinity.com/features/purchase-requisition-software) [![Purchase Order System - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b8dbf756e7ac1d610a0_purchase-order-receiving.png)\\ \\ **Purchase Orders & Receiving** \\ \\ For asset maintenance, maintenance team needs spare parts & for this purchase order is created & order is received.](https://www.assetinfinity.com/features/purchase-order-system) [![Asset Tracking & Management App - Asset Infinity ](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b99c2342e2319b1d12b_mobile-app.png)\\ \\ **Mobile Apps** \\ \\ Keep track of assets, schedule maintenance, make changes in operation with your mobile when you are away from your office!](https://www.assetinfinity.com/features/mobile-apps) [![Asset Management Security - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ba4315b195c48d96c3f_security.webp)\\ \\ **Security** \\ \\ Asset Infinity is hosted on Microsoft Azure and has enterprise grade security built-in.](https://www.assetinfinity.com/features/security) [![Asset Tracking Support - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ce40d2e82c1329c7d29_support.webp)\\ \\ **Support** \\ \\ We understand the value of our clients, that is why we believe in going extra mile for customers and provide support 24\*7.](https://www.assetinfinity.com/features/support) [![API Integration Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05bbc6f80754a6ce796f0_Integrations.webp)\\ \\ **Integrations** \\ \\ Our software is developed in a way so that integration can be done easily. We know an organization uses several applications and data collected from these applications is used to increase efficiency.](https://www.assetinfinity.com/features/integrations) ## Got any questions? We have the answers. [**Can we use existing SAP code as asset code?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to use SAP Code that is already created if the SAP codes are unique for individual assets. It would not be possible if you are using the same code for multiple assets. In case of same code for multiple assets, we need to split the assets and give them individual asset codes.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Does Asset code change when transferring assets between locations?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Asset Infinity gives you both options-change the asset code or keep it the same on location change. If the customer wants to change the number of asset while changing the location, the have a simple toggle button to do that. If they want to keep the number, then they do not have to do anything.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Do you suggest changing asset code when location changes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Our suggestion to the customer is to change their SAP code if they want, but to keep the asset code intact so that you have a complete asset history with you. This gives you the complete asset lifecycle in a single record.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Is it possible to migrate my SAP or ERP data into Asset Infinity?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, there are APIs available to receive and return data from your ERP system into Asset Infinity. The system maps existing data and uploads it to the relevant fields in the system. The data from SAP or your ERP can also be extracted as an excel and feed into the Asset Infinity system.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**If we added an Asset by mistake, is it possible to delete it completely?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to permanently delete an Asset and we give that access to the admin. But we always suggest discarding the asset and to not delete it completely. You can specify the reason and discard it, like this it will stay in the system, and you can access it whenever you want to.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**What is the information mentioned in Bar Code and QR Codes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The major information that we mention on the Bar Codes and QR Codes is the Asset Code. On scanning the tag you can see all the information pertaining to that asset code. Same goes for RFID and NFC.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Are all asset codes system generated?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No. You can also manually enter an asset code or the system generates it for you when you upload data. Asset codes can be changed at the time of asset creation or data upload.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**When the customer scans the code will they get all the information?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, if the customer scans through Asset Infinity’s app, then they will get complete details of their asset. But if the customer scans the code through any other scanner or through any other app then you will only receive the asset code/number of the asset and nothing else.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Why it is not possible to scan the code with any other scanner or App?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ This is due to security & privacy reasons. If any unauthorized person scans the asset code, they should not be able to see your asset details. Hence the information is restricted to authorized personnel with Asset Infinity account access.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**We already have QR codes and barcodes. Do we need to re-install them?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, you don’t need to install the QR code and Barcode again. If they are already present, we'll map the same tags to our system. But if there is any additional information in the tags vs what’s uploaded to asset infinity, then we would not be able to read the information.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**If there is an existing sticker tag on the asset, do we need to sticker tag it again?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ If asset code is stored, then we can use it and if it has some other information that it will be not scanned, and new tags will be stickered.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**When we transfer any asset from one location to another does the latitude longitude information get changed automatically?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, the latitude longitude information is not recorded automatically. We need to update it after a change in location.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**It is possible to put Depreciation and other details at Block level and not Asset Level?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.  For example, the customer has a laptop, they defined that the life of asset is 5 years, and the percentage of depreciation is 20%. Now if any laptop is purchase then the system will automatically used for all the other assets too.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Is it possible to predefine the end of life and other things of the asset?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**What are the provisions for dealing with duplicity of asset records?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No two asset can have same code/number and two Sales Number cannot be the same.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Can we customize the sticker or not?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we can customize the Bar Code and QR Codes by adding asset name, number, location, logo of company, etc on it.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Can we put a coloured Logo on our asset sticker?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to get colour logo.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Which stickers and printers should be used to print asset stickers/ asset tags?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ It varies case to case, as different customers have different requirements. We usually use polyester stickers if the surface is hard or if we need the sticker to be weatherproof then we recommend metal stickers. Normally we recommend 60 x 25 sticker size, but it is not mandatory. You can choose any size of sticker according to your requirements.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Is it possible to print another sticker if the first one is damaged? In same price.**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible. You can search for the asset number in the system and then get all the information of the asset and then you can print a new sticker for the asset.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**What is the life of Stickers?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The life of stickers that we generally use has a life of 4-5 years.We recommend a transparent protective layer on this sticker which enhances this life span of this sticker.The sticker would not be damaged because of water/dust/cleaning of asset.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Will every user see all the information of an asset?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No there are roles and permissions through which we manage and ensure the users see information only relevant to them. For example, an IT user can see only IT assets-related information & finance department user can see all assets. Invoice details and depreciation information cannot be accessed by a normal user. Therefore, according to roles, fields are visible. In this application, there is proper management of roles & permission.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**If I have multiple type of users (like viewers, approvers & transaction-making users) does the product price vary?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ For the asset management module, we allow unlimited users with no restrictions, and billing is done based on asset numbers. However, for other modules such as maintenance & purchase, we bill on the basis of number of users.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**In this application can I calculate depreciation?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can calculate depreciation & there are two methods we deploy-Straight line & WDV method. You can choose any method according to your needs.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**What are delivery notes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Delivery notes come in handy when we are transferring an asset or assigning it to the employee then we can make PDF and send it over mail or print out it and & take his/her acceptance & similarly when we take back an asset from an employee, we can generate receipt](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Can we generate delivery notes/asset receipt confirmations from the system?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, this feature is available. With Asset Infinity you can customize it as well. Asset Delivery notes can pick existing asset information from the system automatically and if you want to add any other information that can be also done.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Can we define Parent-child assets?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There are options for linking assets so yes parent-child assets can be created and defined easily.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Can we create a custom field for assets at category level?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, this feature is available. For example, a laptop may need different fields & a piece of furniture may need completely different fields.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**Is there an approval process for transferring or discarding assets?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There is a proper workflow engine in this application so yes you can define the workflow and approval processes for asset transfer or asset discard.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**My ERP system has limited asset information fields. Can we add more info when we add the asset to Asset Infinity?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, when an asset is added, the workflow will be initiated, and all the information can be added such as AMC details, Model No, purchase details, etc. Any information which is not available in ERP you can add that too in this application as a custom filed as well.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**How will I transfer my data to the Asset Infinity application?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There are two methods for that. First is Bulk Import (must have data in excel format) & the second option is integration with your existing ERP, for which we have APIs.](https://www.assetinfinity.com/add-ons/budgets-for-service#) [**How to get started in Asset Infinity? I have data in excel! Is your template customizable?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can customize it according to your needs & our support team can also assist you in uploading data.](https://www.assetinfinity.com/add-ons/budgets-for-service#) ## Simplify assets & equipment tracking and maintenance with Asset Infinity From small teams to large enterprises, Asset Infinity is the go-to **Enterprise Asset Management (EAM)** solution for **tracking equipment and optimizing the entire asset lifecycle.** Simplify operations, improve asset performance, and reduce downtime with our powerful and intuitive platform. 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All Rights Reserved. We're Online! How may I help you today? ## IT Asset Discovery ![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931256f0db42c8f1d5b_phone-call.png) +1-855-823-2600 / +91-9798-500-500 ![calendar icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931ed043fc9bced2656_calendar.webp) Schedule A Call ![email icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931adf80b4e4ec14aeb_email.webp) sales@assetinfinity.com [![Schedule a demo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f70b2d2b43277eb25c320c_MicrosoftTeams-image%20(54).webp)\\ Schedule a demo](https://www.assetinfinity.com/schedule-a-demo) [![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709f92d171e7e308d8dd8_MicrosoftTeams-image%20(53).webp)\\ +1-855-823-2600 / +91-9798-500-500](tel:+18558232600) [![email](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709c080819121b1bc57f5_MicrosoftTeams-image%20(52).webp)\\ sales@assetinfinity.com](mailto:sales@assetinfinity.com?subject=Inquiry%20about%20Asset%20Infinity) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) ![menu](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bf74411f047_Menu%20Icon.svg) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) Features ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Solutions ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Resources ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) [Pricing](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [Partners](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [Contact](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [Sign In](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Back [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Features](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) Asset Management Inventory Management Schedules & Maintenance Helpdesk & Breakdown Purchase Management Usage Tracking Asset Infinity Store [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Solutions](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) By Use Case By Industry By Job Role [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Resources](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) Tools Learn Connect With Us [Home](https://www.assetinfinity.com/) \> [Features](https://www.assetinfinity.com/features) \> [Asset Management](https://www.assetinfinity.com/features/asset-management) \> [Add-ons](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) \> Discovery based on IT Agents # IT Asset Discovery with Asset Infinity ## **Comprehensive IT Asset Discovery** Asset Infinity’s **IT asset discovery** solution provides a robust and efficient way to manage and track all your IT assets. Our **IT discovery tool** simplifies the process of identifying and cataloging hardware and software across your network, ensuring comprehensive asset management. [![it asset discovery](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/65645833ba31a04ba529f1a6_IT%20Agent%20based%20discovery%20-%20Discovered%20Assets%20(1).webp)](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [![it discovery tool](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/656458788280b65b6e932152_IT-Agent-based-discovery-Asset-Discovery.webp)](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) ## Agent-Based IT Asset Discovery Our **IT asset discovery software** offers powerful agent-based discovery capabilities. By deploying lightweight agents on your endpoints, you can automatically scan and capture detailed hardware and software information. This approach ensures accurate and real-time data collection, allowing you to maintain up-to-date records of all IT assets. ## **Key Features of Agent-Based Discovery** ![Complete Information](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ec4a56f030f90aecf9e3f_MicrosoftTeams-image%20(117).webp) ### **Automated Scanning** Deploy agents to continuously monitor and report on IT assets, ensuring you have the latest information. ![Easy Checkin-check-out](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbdbb5ff6e31fddd3447e_Detailed%20Inventory.webp) ### **Detailed Inventory** Capture details about hardware specifications, installed software, license information, usage statistics ![Accurate Asset Tracking reports](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbdd0b912c4f7773d1355_Real-Time%20Updates.webp) ### **Real-Time Updates** Receive instant updates on any changes to your IT assets, helping you stay informed and make timely decisions ![Accurate Asset Tracking reports](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ec525456588abf6fbfe47_MicrosoftTeams-image%20(119).webp) ### **Enhanced Security** Agents provide insights into your IT environment, identifying vulnerabilities & ensuring compliance with security policy [![it discovery tool](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/656458788280b65b6e932152_IT-Agent-based-discovery-Asset-Discovery.webp)](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) ## Agentless IT Asset Discovery In addition to agent-based discovery, Asset Infinity also supports agentless IT asset discovery. This method allows you to scan and identify IT assets without installing agents, providing a flexible and efficient solution for asset management ## **Key Features of Agentless Discovery** ![Complete Information](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbec4b0f5f67cf88e99b9_Non-Intrusive%20Scanning.webp) ### **Non-Intrusive Scanning** Conduct asset discovery without the need to install software on endpoints, reducing the impact on system performance. ![Easy Checkin-check-out](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbeb0ec923f810ce67d70_Network-Based%20Discovery.webp) ### **Network-Based Discovery** Utilize network protocols to identify and catalog IT assets, including servers, workstations, and network devices ![Accurate Asset Tracking reports](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbed58c39cf84da6245c3_Quick%20Deployment.webp) ### **Quick Deployment** Implement agentless discovery rapidly, making it ideal for environments where agent deployment is challenging ![Accurate Asset Tracking reports](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbee9da8138485e001c38_Scalable%20Solution.webp) ### **Scalable Solution** Easily scale your asset discovery efforts across large and distributed networks, ensuring comprehensive coverage. [![Benefits of IT Asset Discovery](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/64898a077d1cc2487d27180b_IT-Agent-based-Discovery-improves-network-security-%26-provides-Real-time-tracking.webp)](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) ## **Benefits of IT Asset Discovery** ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ec61595e585a67b1fb838_MicrosoftTeams-image%20(125).webp) **Complete Visibility** Gain complete visibility into your IT infrastructure with our **IT asset discovery tool**. By capturing detailed information about all your IT assets, you can make informed decisions and optimize asset utilization. ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbd9f1617b98b536d809e_Improved%20Asset%20Management.webp) **Improved Asset Management** Enhance your asset management practices with accurate and up-to-date information. Our **IT asset discovery software** helps you track asset lifecycles, manage software licenses, and ensure compliance with regulatory requirements. ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbcb8c65f787273018631_cost%20saving.webp) **Cost Savings** Identify underutilized or redundant assets to optimize resource allocation and reduce costs. Effective IT asset discovery allows you to make better purchasing decisions and avoid unnecessary expenditures. ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbccbda8138485efebdbe_enhanced%20security.webp) **Enhanced Security** Improve your IT security posture by identifying and addressing vulnerabilities. Regular IT asset discovery ensures that you are aware of all devices and software within your network, helping you maintain compliance with security standards. ## Switch from Excels and Spreadsheets to a Cloud-Based Asset Management Software ## Explore our other features [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b1a6bcf8ed9e049d984_Asset-Tracking.png)\\ \\ **Asset Tracking** \\ \\ Asset tracking software tracks & monitors all the crucial assets & their performance. It helps in keeping track of assets & optimizes asset performance as well.](https://www.assetinfinity.com/features/asset-tracking-software) [![Inventory Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b285b8f64093612f7e1_Inventory-Management.png)\\ \\ **Inventory Management** \\ \\ Track your inventories with accurate numbers and get notified whenever inventory goes below the defined level. Manage them efficiently with proper inventory management.](https://www.assetinfinity.com/features/inventory-management-software) [![Asset Audit and Physical Verification - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b39debca6bd9b60e9fc_Audit-%26-Physical-Verifications.png)\\ \\ **Audit & Physical Verifications** \\ \\ Asset verification is crucial for the asset auditing process. Moreover, the condition of each asset is also checked and tracked in the asset audit procedure.](https://www.assetinfinity.com/features/asset-verification) [![Preventive Maintenance Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b4dcb2028de4c99de1e_Preventive-Maintenance.png)\\ \\ **Preventive Maintenance** \\ \\ Keep assets maintained & perform asset maintenance before breakdown occurs. With preventive maintenance, you can optimize asset performance as well.](https://www.assetinfinity.com/features/preventive-maintenance-software) [![Incident and Breakdown Management - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b5bbad13b2782b34003_breakdowns-%26-Incident.png)\\ \\ **Breakdowns & Incidents** \\ \\ Every incident is recorded, and the incident management team tries to resolve the incident quickly so that damage control can be done as quickly as possible.](https://www.assetinfinity.com/features/helpdesk-breakdown) [![Utility Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b67bf756e116dd5e081_Utility-Tracking.png)\\ \\ **Utility Tracking** \\ \\ Utility tracking can be helpful in minimizing utility bills. As utility tracking alert you on daily basis about utility consumption.](https://www.assetinfinity.com/features/usage-tracking) [![Purchase Requisition Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c0684d61e11cc0c28de817_Assets-%26-Items-Requisition.png)\\ \\ **Assets & Items Requisitions** \\ \\ In a huge organization, item requisition is important because it decreases the chances of fraudulent activities and makes operations organized.](https://www.assetinfinity.com/features/purchase-requisition-software) [![Purchase Order System - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b8dbf756e7ac1d610a0_purchase-order-receiving.png)\\ \\ **Purchase Orders & Receiving** \\ \\ For asset maintenance, maintenance team needs spare parts & for this purchase order is created & order is received.](https://www.assetinfinity.com/features/purchase-order-system) [![Asset Tracking & Management App - Asset Infinity ](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b99c2342e2319b1d12b_mobile-app.png)\\ \\ **Mobile Apps** \\ \\ Keep track of assets, schedule maintenance, make changes in operation with your mobile when you are away from your office!](https://www.assetinfinity.com/features/mobile-apps) [![Asset Management Security - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ba4315b195c48d96c3f_security.webp)\\ \\ **Security** \\ \\ Asset Infinity is hosted on Microsoft Azure and has enterprise grade security built-in.](https://www.assetinfinity.com/features/security) [![Asset Tracking Support - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ce40d2e82c1329c7d29_support.webp)\\ \\ **Support** \\ \\ We understand the value of our clients, that is why we believe in going extra mile for customers and provide support 24\*7.](https://www.assetinfinity.com/features/support) [![API Integration Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05bbc6f80754a6ce796f0_Integrations.webp)\\ \\ **Integrations** \\ \\ Our software is developed in a way so that integration can be done easily. We know an organization uses several applications and data collected from these applications is used to increase efficiency.](https://www.assetinfinity.com/features/integrations) ## Got any questions? We have the answers. [**Can we use existing SAP code as asset code?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to use SAP Code that is already created if the SAP codes are unique for individual assets. It would not be possible if you are using the same code for multiple assets. In case of same code for multiple assets, we need to split the assets and give them individual asset codes.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Does Asset code change when transferring assets between locations?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Asset Infinity gives you both options-change the asset code or keep it the same on location change. If the customer wants to change the number of asset while changing the location, the have a simple toggle button to do that. If they want to keep the number, then they do not have to do anything.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Do you suggest changing asset code when location changes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Our suggestion to the customer is to change their SAP code if they want, but to keep the asset code intact so that you have a complete asset history with you. This gives you the complete asset lifecycle in a single record.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Is it possible to migrate my SAP or ERP data into Asset Infinity?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, there are APIs available to receive and return data from your ERP system into Asset Infinity. The system maps existing data and uploads it to the relevant fields in the system. The data from SAP or your ERP can also be extracted as an excel and feed into the Asset Infinity system.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**If we added an Asset by mistake, is it possible to delete it completely?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to permanently delete an Asset and we give that access to the admin. But we always suggest discarding the asset and to not delete it completely. You can specify the reason and discard it, like this it will stay in the system, and you can access it whenever you want to.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**What is the information mentioned in Bar Code and QR Codes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The major information that we mention on the Bar Codes and QR Codes is the Asset Code. On scanning the tag you can see all the information pertaining to that asset code. Same goes for RFID and NFC.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Are all asset codes system generated?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No. You can also manually enter an asset code or the system generates it for you when you upload data. Asset codes can be changed at the time of asset creation or data upload.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**When the customer scans the code will they get all the information?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, if the customer scans through Asset Infinity’s app, then they will get complete details of their asset. But if the customer scans the code through any other scanner or through any other app then you will only receive the asset code/number of the asset and nothing else.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Why it is not possible to scan the code with any other scanner or App?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ This is due to security & privacy reasons. If any unauthorized person scans the asset code, they should not be able to see your asset details. Hence the information is restricted to authorized personnel with Asset Infinity account access.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**We already have QR codes and barcodes. Do we need to re-install them?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, you don’t need to install the QR code and Barcode again. If they are already present, we'll map the same tags to our system. But if there is any additional information in the tags vs what’s uploaded to asset infinity, then we would not be able to read the information.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**If there is an existing sticker tag on the asset, do we need to sticker tag it again?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ If asset code is stored, then we can use it and if it has some other information that it will be not scanned, and new tags will be stickered.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**When we transfer any asset from one location to another does the latitude longitude information get changed automatically?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, the latitude longitude information is not recorded automatically. We need to update it after a change in location.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**It is possible to put Depreciation and other details at Block level and not Asset Level?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.  For example, the customer has a laptop, they defined that the life of asset is 5 years, and the percentage of depreciation is 20%. Now if any laptop is purchase then the system will automatically used for all the other assets too.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Is it possible to predefine the end of life and other things of the asset?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**What are the provisions for dealing with duplicity of asset records?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No two asset can have same code/number and two Sales Number cannot be the same.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Can we customize the sticker or not?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we can customize the Bar Code and QR Codes by adding asset name, number, location, logo of company, etc on it.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Can we put a coloured Logo on our asset sticker?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to get colour logo.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Which stickers and printers should be used to print asset stickers/ asset tags?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ It varies case to case, as different customers have different requirements. We usually use polyester stickers if the surface is hard or if we need the sticker to be weatherproof then we recommend metal stickers. Normally we recommend 60 x 25 sticker size, but it is not mandatory. You can choose any size of sticker according to your requirements.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Is it possible to print another sticker if the first one is damaged? In same price.**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible. You can search for the asset number in the system and then get all the information of the asset and then you can print a new sticker for the asset.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**What is the life of Stickers?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The life of stickers that we generally use has a life of 4-5 years.We recommend a transparent protective layer on this sticker which enhances this life span of this sticker.The sticker would not be damaged because of water/dust/cleaning of asset.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Will every user see all the information of an asset?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No there are roles and permissions through which we manage and ensure the users see information only relevant to them. For example, an IT user can see only IT assets-related information & finance department user can see all assets. Invoice details and depreciation information cannot be accessed by a normal user. Therefore, according to roles, fields are visible. In this application, there is proper management of roles & permission.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**If I have multiple type of users (like viewers, approvers & transaction-making users) does the product price vary?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ For the asset management module, we allow unlimited users with no restrictions, and billing is done based on asset numbers. However, for other modules such as maintenance & purchase, we bill on the basis of number of users.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**In this application can I calculate depreciation?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can calculate depreciation & there are two methods we deploy-Straight line & WDV method. You can choose any method according to your needs.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**What are delivery notes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Delivery notes come in handy when we are transferring an asset or assigning it to the employee then we can make PDF and send it over mail or print out it and & take his/her acceptance & similarly when we take back an asset from an employee, we can generate receipt](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Can we generate delivery notes/asset receipt confirmations from the system?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, this feature is available. With Asset Infinity you can customize it as well. Asset Delivery notes can pick existing asset information from the system automatically and if you want to add any other information that can be also done.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Can we define Parent-child assets?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There are options for linking assets so yes parent-child assets can be created and defined easily.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Can we create a custom field for assets at category level?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, this feature is available. For example, a laptop may need different fields & a piece of furniture may need completely different fields.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**Is there an approval process for transferring or discarding assets?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There is a proper workflow engine in this application so yes you can define the workflow and approval processes for asset transfer or asset discard.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**My ERP system has limited asset information fields. Can we add more info when we add the asset to Asset Infinity?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, when an asset is added, the workflow will be initiated, and all the information can be added such as AMC details, Model No, purchase details, etc. Any information which is not available in ERP you can add that too in this application as a custom filed as well.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**How will I transfer my data to the Asset Infinity application?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There are two methods for that. First is Bulk Import (must have data in excel format) & the second option is integration with your existing ERP, for which we have APIs.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) [**How to get started in Asset Infinity? I have data in excel! Is your template customizable?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can customize it according to your needs & our support team can also assist you in uploading data.](https://www.assetinfinity.com/add-ons/discovery-based-on-it-agents#) ## Why Choose Asset Infinity? **Asset Infinity’s IT asset discovery solutions, including both agent-based and agentless methods, provide a comprehensive and flexible approach to managing your IT assets. Our IT discovery tool is designed to meet the unique needs of your organization, delivering reliable and efficient asset management.** [Get Started for Free](https://www.assetinfinity.com/signup) [Schedule a Free Demo](https://www.assetinfinity.com/schedule-a-demo) [![Asset Infinity Logo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/614b0f4db3d97972bd973d1f_asset-icon.webp)](https://www.assetinfinity.com/) ![call icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fe0f98893d1e1fd73e2668_call-dropped-rounded.webp) [+1-855-823-2600 /\\ \\ +91-9798-500-500](https://www.assetinfinity.com/contact-us) ![email icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fe0f97c7e54137211c96d6_mail-pencil.webp) [sales@assetinfinity.com](https://www.assetinfinity.com/contact-us) ![Asset Management Software India New York USA](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fe0e731904d116ebe55606_new-york-liberty-statue.webp) [PcsInfinity Pvt. 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How may I help you today? ## GPS Asset Tracking ![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931256f0db42c8f1d5b_phone-call.png) +1-855-823-2600 / +91-9798-500-500 ![calendar icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931ed043fc9bced2656_calendar.webp) Schedule A Call ![email icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931adf80b4e4ec14aeb_email.webp) sales@assetinfinity.com [![Schedule a demo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f70b2d2b43277eb25c320c_MicrosoftTeams-image%20(54).webp)\\ Schedule a demo](https://www.assetinfinity.com/schedule-a-demo) [![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709f92d171e7e308d8dd8_MicrosoftTeams-image%20(53).webp)\\ +1-855-823-2600 / +91-9798-500-500](tel:+18558232600) [![email](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709c080819121b1bc57f5_MicrosoftTeams-image%20(52).webp)\\ sales@assetinfinity.com](mailto:sales@assetinfinity.com?subject=Inquiry%20about%20Asset%20Infinity) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) ![menu](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bf74411f047_Menu%20Icon.svg) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) Features ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Solutions ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Resources ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) [Pricing](https://www.assetinfinity.com/add-ons/gps-monitoring#) [Partners](https://www.assetinfinity.com/add-ons/gps-monitoring#) [Contact](https://www.assetinfinity.com/add-ons/gps-monitoring#) [Sign In](https://www.assetinfinity.com/add-ons/gps-monitoring#) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Back [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Features](https://www.assetinfinity.com/add-ons/gps-monitoring#) Asset Management Inventory Management Schedules & Maintenance Helpdesk & Breakdown Purchase Management Usage Tracking Asset Infinity Store [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Solutions](https://www.assetinfinity.com/add-ons/gps-monitoring#) By Use Case By Industry By Job Role [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Resources](https://www.assetinfinity.com/add-ons/gps-monitoring#) Tools Learn Connect With Us [Home](https://www.assetinfinity.com/) \> [Features](https://www.assetinfinity.com/features) \> [Asset Management](https://www.assetinfinity.com/features/asset-management) \> [Add-ons](https://www.assetinfinity.com/add-ons/gps-monitoring#) \> GPS Monitoring # GPS Monitoring with Asset Infinity ## **Enhance Asset Visibility with GPS Asset Tracker** Asset Infinity’s **GPS asset tracker** provides a powerful solution for real-time asset tracking and management. Our advanced **GPS asset tracking software** ensures that you can monitor the location and movement of your assets with precision, enhancing security and operational efficiency ## **Comprehensive GPS Asset Tracking System** Our **GPS asset tracking system** offers robust features that enable you to keep a constant watch over your valuable assets. Whether it's vehicles, equipment, or other movable assets, our system provides detailed insights into their whereabouts, helping you make informed decisions and improve asset utilization [![gps monitoring](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648ae5ad7bfa1382b5dd1a1c_Optimize-Asset-Management-with-Real-time-GPS-Tracking.webp)](https://www.assetinfinity.com/add-ons/gps-monitoring#) ## **Key Features of GPS Asset Tracking Software** ![Complete Information](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbc2c641041344169b156_Real-Time%20Location%20Tracking.webp) ### **Real-Time Location Tracking** Monitor the real-time location of your assets with our **GPS asset tracker**. This feature allows you to see where your assets are at any given moment, providing enhanced visibility and control ![Easy Checkin-check-out](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbc15598fd1ad7e83f49e_Movement%20History.webp) ### **Movement** **History** Access detailed movement history of your assets. Our **GPS asset tracking software** records and stores historical data, enabling you to review and analyze the movement patterns of your assets over time ![Accurate Asset Tracking reports](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbc015ff6e31fddd2064d_Geofencing.webp) ### **Geofencing** Set up geofences to define specific geographic areas for your assets. Receive alerts whenever an asset enters or exits these predefined zones, helping you manage asset security and compliance effectively. ![Accurate Asset Tracking reports](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbbf2c8556a7bf46c3ef6_Alerts%20and%20Notifications.webp) ### **Alerts and Notifications** Stay informed with instant alerts and notifications. Our **GPS asset tracking system** sends real-time updates on asset movements, ensuring that you are always aware of any unusual or unauthorized activity [![fixed asset management system](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648ae5d3da4e0285c322639f_GPS-tracking-improves-asset-protection-and-makes-it-easier-to-make-wise-decisions.webp)](https://www.assetinfinity.com/add-ons/gps-monitoring#) ## Benefitsof GPS Asset Tracking System ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ef4fabb8d0ea911618917_Increased%20Security.webp) **Enhanced Security** Protect your assets from theft and unauthorized use with our **GPS asset tracker**. Real-time tracking and geofencing features provide an added layer of security, ensuring that your assets are safe and secure ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbbd5ddc170fb619ef0c5_Improved%20Operational%20Efficiency.webp) **Improved Operational Efficiency** Optimize the utilization of your assets with our **GPS asset tracking software**. By knowing the exact location and status of your assets, you can make better operational decisions and improve efficiency. ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/668cbbc257bc7ecddb989a6e_Cost%20Savings.webp) **Cost Savings** Reduce operational costs by preventing asset misuse and unauthorized activities. The **GPS asset tracking system** helps you identify underutilized assets and optimize their deployment, leading to significant cost savings ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/6479d5b54c1fe309cf7e734c_MicrosoftTeams-image%20(83).webp) **Better Resource Management** Manage your resources more effectively with detailed insights into asset movement and utilization. Our **GPS asset tracking software** provides the data you need to allocate resources efficiently and improve overall productivity ## Switch from Excels and Spreadsheets to a Cloud-Based Asset Management Software ## Explore our other features [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b1a6bcf8ed9e049d984_Asset-Tracking.png)\\ \\ **Asset Tracking** \\ \\ Asset tracking software tracks & monitors all the crucial assets & their performance. It helps in keeping track of assets & optimizes asset performance as well.](https://www.assetinfinity.com/features/asset-tracking-software) [![Inventory Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b285b8f64093612f7e1_Inventory-Management.png)\\ \\ **Inventory Management** \\ \\ Track your inventories with accurate numbers and get notified whenever inventory goes below the defined level. Manage them efficiently with proper inventory management.](https://www.assetinfinity.com/features/inventory-management-software) [![Asset Audit and Physical Verification - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b39debca6bd9b60e9fc_Audit-%26-Physical-Verifications.png)\\ \\ **Audit & Physical Verifications** \\ \\ Asset verification is crucial for the asset auditing process. Moreover, the condition of each asset is also checked and tracked in the asset audit procedure.](https://www.assetinfinity.com/features/asset-verification) [![Preventive Maintenance Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b4dcb2028de4c99de1e_Preventive-Maintenance.png)\\ \\ **Preventive Maintenance** \\ \\ Keep assets maintained & perform asset maintenance before breakdown occurs. With preventive maintenance, you can optimize asset performance as well.](https://www.assetinfinity.com/features/preventive-maintenance-software) [![Incident and Breakdown Management - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b5bbad13b2782b34003_breakdowns-%26-Incident.png)\\ \\ **Breakdowns & Incidents** \\ \\ Every incident is recorded, and the incident management team tries to resolve the incident quickly so that damage control can be done as quickly as possible.](https://www.assetinfinity.com/features/helpdesk-breakdown) [![Utility Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b67bf756e116dd5e081_Utility-Tracking.png)\\ \\ **Utility Tracking** \\ \\ Utility tracking can be helpful in minimizing utility bills. As utility tracking alert you on daily basis about utility consumption.](https://www.assetinfinity.com/features/usage-tracking) [![Purchase Requisition Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c0684d61e11cc0c28de817_Assets-%26-Items-Requisition.png)\\ \\ **Assets & Items Requisitions** \\ \\ In a huge organization, item requisition is important because it decreases the chances of fraudulent activities and makes operations organized.](https://www.assetinfinity.com/features/purchase-requisition-software) [![Purchase Order System - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b8dbf756e7ac1d610a0_purchase-order-receiving.png)\\ \\ **Purchase Orders & Receiving** \\ \\ For asset maintenance, maintenance team needs spare parts & for this purchase order is created & order is received.](https://www.assetinfinity.com/features/purchase-order-system) [![Asset Tracking & Management App - Asset Infinity ](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b99c2342e2319b1d12b_mobile-app.png)\\ \\ **Mobile Apps** \\ \\ Keep track of assets, schedule maintenance, make changes in operation with your mobile when you are away from your office!](https://www.assetinfinity.com/features/mobile-apps) [![Asset Management Security - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ba4315b195c48d96c3f_security.webp)\\ \\ **Security** \\ \\ Asset Infinity is hosted on Microsoft Azure and has enterprise grade security built-in.](https://www.assetinfinity.com/features/security) [![Asset Tracking Support - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ce40d2e82c1329c7d29_support.webp)\\ \\ **Support** \\ \\ We understand the value of our clients, that is why we believe in going extra mile for customers and provide support 24\*7.](https://www.assetinfinity.com/features/support) [![API Integration Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05bbc6f80754a6ce796f0_Integrations.webp)\\ \\ **Integrations** \\ \\ Our software is developed in a way so that integration can be done easily. We know an organization uses several applications and data collected from these applications is used to increase efficiency.](https://www.assetinfinity.com/features/integrations) ## Got any questions? We have the answers. [**Can we use existing SAP code as asset code?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to use SAP Code that is already created if the SAP codes are unique for individual assets. It would not be possible if you are using the same code for multiple assets. In case of same code for multiple assets, we need to split the assets and give them individual asset codes.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Does Asset code change when transferring assets between locations?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Asset Infinity gives you both options-change the asset code or keep it the same on location change. If the customer wants to change the number of asset while changing the location, the have a simple toggle button to do that. If they want to keep the number, then they do not have to do anything.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Do you suggest changing asset code when location changes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Our suggestion to the customer is to change their SAP code if they want, but to keep the asset code intact so that you have a complete asset history with you. This gives you the complete asset lifecycle in a single record.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Is it possible to migrate my SAP or ERP data into Asset Infinity?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, there are APIs available to receive and return data from your ERP system into Asset Infinity. The system maps existing data and uploads it to the relevant fields in the system. The data from SAP or your ERP can also be extracted as an excel and feed into the Asset Infinity system.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**If we added an Asset by mistake, is it possible to delete it completely?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to permanently delete an Asset and we give that access to the admin. But we always suggest discarding the asset and to not delete it completely. You can specify the reason and discard it, like this it will stay in the system, and you can access it whenever you want to.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**What is the information mentioned in Bar Code and QR Codes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The major information that we mention on the Bar Codes and QR Codes is the Asset Code. On scanning the tag you can see all the information pertaining to that asset code. Same goes for RFID and NFC.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Are all asset codes system generated?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No. You can also manually enter an asset code or the system generates it for you when you upload data. Asset codes can be changed at the time of asset creation or data upload.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**When the customer scans the code will they get all the information?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, if the customer scans through Asset Infinity’s app, then they will get complete details of their asset. But if the customer scans the code through any other scanner or through any other app then you will only receive the asset code/number of the asset and nothing else.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Why it is not possible to scan the code with any other scanner or App?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ This is due to security & privacy reasons. If any unauthorized person scans the asset code, they should not be able to see your asset details. Hence the information is restricted to authorized personnel with Asset Infinity account access.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**We already have QR codes and barcodes. Do we need to re-install them?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, you don’t need to install the QR code and Barcode again. If they are already present, we'll map the same tags to our system. But if there is any additional information in the tags vs what’s uploaded to asset infinity, then we would not be able to read the information.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**If there is an existing sticker tag on the asset, do we need to sticker tag it again?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ If asset code is stored, then we can use it and if it has some other information that it will be not scanned, and new tags will be stickered.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**When we transfer any asset from one location to another does the latitude longitude information get changed automatically?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, the latitude longitude information is not recorded automatically. We need to update it after a change in location.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**It is possible to put Depreciation and other details at Block level and not Asset Level?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.  For example, the customer has a laptop, they defined that the life of asset is 5 years, and the percentage of depreciation is 20%. Now if any laptop is purchase then the system will automatically used for all the other assets too.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Is it possible to predefine the end of life and other things of the asset?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**What are the provisions for dealing with duplicity of asset records?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No two asset can have same code/number and two Sales Number cannot be the same.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Can we customize the sticker or not?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we can customize the Bar Code and QR Codes by adding asset name, number, location, logo of company, etc on it.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Can we put a coloured Logo on our asset sticker?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to get colour logo.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Which stickers and printers should be used to print asset stickers/ asset tags?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ It varies case to case, as different customers have different requirements. We usually use polyester stickers if the surface is hard or if we need the sticker to be weatherproof then we recommend metal stickers. Normally we recommend 60 x 25 sticker size, but it is not mandatory. You can choose any size of sticker according to your requirements.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Is it possible to print another sticker if the first one is damaged? In same price.**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible. You can search for the asset number in the system and then get all the information of the asset and then you can print a new sticker for the asset.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**What is the life of Stickers?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The life of stickers that we generally use has a life of 4-5 years.We recommend a transparent protective layer on this sticker which enhances this life span of this sticker.The sticker would not be damaged because of water/dust/cleaning of asset.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Will every user see all the information of an asset?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No there are roles and permissions through which we manage and ensure the users see information only relevant to them. For example, an IT user can see only IT assets-related information & finance department user can see all assets. Invoice details and depreciation information cannot be accessed by a normal user. Therefore, according to roles, fields are visible. In this application, there is proper management of roles & permission.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**If I have multiple type of users (like viewers, approvers & transaction-making users) does the product price vary?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ For the asset management module, we allow unlimited users with no restrictions, and billing is done based on asset numbers. However, for other modules such as maintenance & purchase, we bill on the basis of number of users.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**In this application can I calculate depreciation?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can calculate depreciation & there are two methods we deploy-Straight line & WDV method. You can choose any method according to your needs.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**What are delivery notes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Delivery notes come in handy when we are transferring an asset or assigning it to the employee then we can make PDF and send it over mail or print out it and & take his/her acceptance & similarly when we take back an asset from an employee, we can generate receipt](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Can we generate delivery notes/asset receipt confirmations from the system?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, this feature is available. With Asset Infinity you can customize it as well. Asset Delivery notes can pick existing asset information from the system automatically and if you want to add any other information that can be also done.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Can we define Parent-child assets?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There are options for linking assets so yes parent-child assets can be created and defined easily.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Can we create a custom field for assets at category level?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, this feature is available. For example, a laptop may need different fields & a piece of furniture may need completely different fields.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**Is there an approval process for transferring or discarding assets?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There is a proper workflow engine in this application so yes you can define the workflow and approval processes for asset transfer or asset discard.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**My ERP system has limited asset information fields. Can we add more info when we add the asset to Asset Infinity?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, when an asset is added, the workflow will be initiated, and all the information can be added such as AMC details, Model No, purchase details, etc. Any information which is not available in ERP you can add that too in this application as a custom filed as well.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**How will I transfer my data to the Asset Infinity application?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There are two methods for that. First is Bulk Import (must have data in excel format) & the second option is integration with your existing ERP, for which we have APIs.](https://www.assetinfinity.com/add-ons/gps-monitoring#) [**How to get started in Asset Infinity? I have data in excel! Is your template customizable?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can customize it according to your needs & our support team can also assist you in uploading data.](https://www.assetinfinity.com/add-ons/gps-monitoring#) ## Why Choose Asset Infinity for GPS Asset Tracking? **Asset Infinity’s GPS asset tracking system stands out for its reliability, accuracy, and comprehensive features. Designed to meet the unique needs of your organization, our GPS asset tracking software ensures that you have the tools necessary to monitor and manage your assets effectively** [Get Started for Free](https://www.assetinfinity.com/signup) [Schedule a Free Demo](https://www.assetinfinity.com/schedule-a-demo) [![Asset Infinity Logo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/614b0f4db3d97972bd973d1f_asset-icon.webp)](https://www.assetinfinity.com/) ![call icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fe0f98893d1e1fd73e2668_call-dropped-rounded.webp) [+1-855-823-2600 /\\ \\ +91-9798-500-500](https://www.assetinfinity.com/contact-us) ![email icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fe0f97c7e54137211c96d6_mail-pencil.webp) [sales@assetinfinity.com](https://www.assetinfinity.com/contact-us) ![Asset Management Software India New York USA](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67fe0e731904d116ebe55606_new-york-liberty-statue.webp) [PcsInfinity Pvt. 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How may I help you today? ## Inventory RFID Reader ![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931256f0db42c8f1d5b_phone-call.png) +1-855-823-2600 / +91-9798-500-500 ![calendar icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931ed043fc9bced2656_calendar.webp) Schedule A Call ![email icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931adf80b4e4ec14aeb_email.webp) sales@assetinfinity.com [![Schedule a demo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f70b2d2b43277eb25c320c_MicrosoftTeams-image%20(54).webp)\\ Schedule a demo](https://www.assetinfinity.com/schedule-a-demo) [![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709f92d171e7e308d8dd8_MicrosoftTeams-image%20(53).webp)\\ +1-855-823-2600 / +91-9798-500-500](tel:+18558232600) [![email](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709c080819121b1bc57f5_MicrosoftTeams-image%20(52).webp)\\ sales@assetinfinity.com](mailto:sales@assetinfinity.com?subject=Inquiry%20about%20Asset%20Infinity) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) ![menu](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bf74411f047_Menu%20Icon.svg) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) Features ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Solutions ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Resources ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) [Pricing](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [Partners](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [Contact](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [Sign In](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Back [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Features](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) Asset Management Inventory Management Schedules & Maintenance Helpdesk & Breakdown Purchase Management Usage Tracking Asset Infinity Store [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Solutions](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) By Use Case By Industry By Job Role [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Resources](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) Tools Learn Connect With Us [Home](https://www.assetinfinity.com/) \> [Features](https://www.assetinfinity.com/features) \> [Inventory Management](https://www.assetinfinity.com/features/inventory-management-software) \> [Add-ons](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) \> Inventory RFID Reader # Inventory RFID Reader ## **Stationary devices to track and monitor Inventory** **Inventory Management Software: Multiple Problems, One Solution** RFID Fixed Readers for inventory management are stationary devices strategically placed at different locations within your organization to track and monitor inventory items equipped with RFID tags. These readers use RFID technology to capture data from the tags, providing real-time visibility into inventory movement, location, and other relevant information [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648084d04fc4373660b729c2_RFID-fixed-reader-img1.webp)](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) ## **All the monitoring under one roof** ![Complete Information](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b2ce79901e175cf6f025c_Real-Time%20Inventory%20Tracking.webp) ### **Real-Time Inventory Tracking** Gain real-time visibility into the movement and location of inventory items throughout your organization ![Easy Checkin-check-out](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b2cf4279c35163cfc3ca8_Automated%20Data%20Capture.webp) ### **Automated Data Capture** Automatically capture inventory data using RFID technology, reducing manual effort, and improving data accuracy ![Accurate Asset Tracking reports](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b2d08d4fd805df3b2250a_Streamlined%20Inventory%20Control.webp) ### **Streamlined Inventory Control** Enhance inventory control by accurately tracking item movements, enabling efficient stock management and replenishment ## Inventory Management Software ## **Real-time tracking and monitoring of inventory items within your organization** RFID Fixed Readers provide real-time tracking and monitoring of inventory items within your organization. With immediate visibility, you can track the movement and location of items as they pass by or come within range of RFID Fixed Readers. Easily identify and track individual items equipped with RFID tags. Monitor the movement of inventory within specific areas or zones through location tracking enabled by RFID Fixed Readers. Stay informed with alerts and notifications when items enter or leave designated areas. Enhance inventory control and efficiency with RFID Fixed Readers for seamless tracking and monitoring ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b2d1c18a5112f93ef1713_Real-Time%20Visibility.webp) Real-Time Visibility ![Asset Theft Prevention](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b2d299ae17020347a758c_Item%20Identification.webp) Item Identification ![Eliminate Ghost assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b2d34024fa60431e7773f_Location%20Tracking.webp) Location Tracking ![Eliminate Ghost assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b2d40a6335ab8da74e4c8_Alerts%20and%20Notifications.webp) Alerts and Notifications [![rfid fixed readers](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b1b3d2a8c11f67307f8c1_Real-time-tracking-and-monitoring-of-inventory-items-within-your-organization.webp)](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [![rfid reader inventory tracking](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b1b6087a08df811150e83_Automate-data-capture-and-enhance-inventory-control.webp)](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) ## Inventory Management Software ## **Automate data capture and enhance inventory control** RFID Fixed Readers streamline data capture and elevate inventory control. By leveraging RFID technology, they automate the capture of inventory data, including item details and location. This eliminates manual data entry errors, ensuring data accuracy. With comprehensive visibility into inventory movement and location, businesses can efficiently manage stock and facilitate timely replenishment. Real-time inventory data captured by RFID Fixed Readers enables inventory optimization, reducing stockouts and minimizing excess inventory. Enhance inventory control and achieve operational efficiency with RFID Fixed Readers ![Upload Multiple assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b2d4fc5af8e24a6028fd8_Bottom%201.webp) ##### Automatically capture inventory data, including item details and location, through RFID technology ![Upload Multiple assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b2d5a51108e4e68bbaa4b_Bottom%202.webp) ##### Improve data accuracy by eliminating manual data entry errors and relying on automated RFID data capture ![Upload Multiple assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648b2d64d5f4e1559d393de8_Bottom%203.webp) ##### Gain comprehensive visibility into inventory movement and location, facilitating efficient stock management and replenishment **Note:** The specific capabilities and functionalities of RFID Fixed Readers for inventory management may vary depending on the chosen system or solution. ## Switch from Excels and Spreadsheets to a Cloud-Based Asset Management Software ## Explore our other features [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b1a6bcf8ed9e049d984_Asset-Tracking.png)\\ \\ **Asset Tracking** \\ \\ Asset tracking software tracks & monitors all the crucial assets & their performance. It helps in keeping track of assets & optimizes asset performance as well.](https://www.assetinfinity.com/features/asset-tracking-software) [![Inventory Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b285b8f64093612f7e1_Inventory-Management.png)\\ \\ **Inventory Management** \\ \\ Track your inventories with accurate numbers and get notified whenever inventory goes below the defined level. Manage them efficiently with proper inventory management.](https://www.assetinfinity.com/features/inventory-management-software) [![Asset Audit and Physical Verification - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b39debca6bd9b60e9fc_Audit-%26-Physical-Verifications.png)\\ \\ **Audit & Physical Verifications** \\ \\ Asset verification is crucial for the asset auditing process. Moreover, the condition of each asset is also checked and tracked in the asset audit procedure.](https://www.assetinfinity.com/features/asset-verification) [![Preventive Maintenance Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b4dcb2028de4c99de1e_Preventive-Maintenance.png)\\ \\ **Preventive Maintenance** \\ \\ Keep assets maintained & perform asset maintenance before breakdown occurs. With preventive maintenance, you can optimize asset performance as well.](https://www.assetinfinity.com/features/preventive-maintenance-software) [![Incident and Breakdown Management - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b5bbad13b2782b34003_breakdowns-%26-Incident.png)\\ \\ **Breakdowns & Incidents** \\ \\ Every incident is recorded, and the incident management team tries to resolve the incident quickly so that damage control can be done as quickly as possible.](https://www.assetinfinity.com/features/helpdesk-breakdown) [![Utility Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b67bf756e116dd5e081_Utility-Tracking.png)\\ \\ **Utility Tracking** \\ \\ Utility tracking can be helpful in minimizing utility bills. As utility tracking alert you on daily basis about utility consumption.](https://www.assetinfinity.com/features/usage-tracking) [![Purchase Requisition Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c0684d61e11cc0c28de817_Assets-%26-Items-Requisition.png)\\ \\ **Assets & Items Requisitions** \\ \\ In a huge organization, item requisition is important because it decreases the chances of fraudulent activities and makes operations organized.](https://www.assetinfinity.com/features/purchase-requisition-software) [![Purchase Order System - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b8dbf756e7ac1d610a0_purchase-order-receiving.png)\\ \\ **Purchase Orders & Receiving** \\ \\ For asset maintenance, maintenance team needs spare parts & for this purchase order is created & order is received.](https://www.assetinfinity.com/features/purchase-order-system) [![Asset Tracking & Management App - Asset Infinity ](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b99c2342e2319b1d12b_mobile-app.png)\\ \\ **Mobile Apps** \\ \\ Keep track of assets, schedule maintenance, make changes in operation with your mobile when you are away from your office!](https://www.assetinfinity.com/features/mobile-apps) [![Asset Management Security - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ba4315b195c48d96c3f_security.webp)\\ \\ **Security** \\ \\ Asset Infinity is hosted on Microsoft Azure and has enterprise grade security built-in.](https://www.assetinfinity.com/features/security) [![Asset Tracking Support - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ce40d2e82c1329c7d29_support.webp)\\ \\ **Support** \\ \\ We understand the value of our clients, that is why we believe in going extra mile for customers and provide support 24\*7.](https://www.assetinfinity.com/features/support) [![API Integration Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05bbc6f80754a6ce796f0_Integrations.webp)\\ \\ **Integrations** \\ \\ Our software is developed in a way so that integration can be done easily. We know an organization uses several applications and data collected from these applications is used to increase efficiency.](https://www.assetinfinity.com/features/integrations) ## Got any questions? We have the answers. [**Can we use existing SAP code as asset code?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to use SAP Code that is already created if the SAP codes are unique for individual assets. It would not be possible if you are using the same code for multiple assets. In case of same code for multiple assets, we need to split the assets and give them individual asset codes.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Does Asset code change when transferring assets between locations?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Asset Infinity gives you both options-change the asset code or keep it the same on location change. If the customer wants to change the number of asset while changing the location, the have a simple toggle button to do that. If they want to keep the number, then they do not have to do anything.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Do you suggest changing asset code when location changes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Our suggestion to the customer is to change their SAP code if they want, but to keep the asset code intact so that you have a complete asset history with you. This gives you the complete asset lifecycle in a single record.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Is it possible to migrate my SAP or ERP data into Asset Infinity?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, there are APIs available to receive and return data from your ERP system into Asset Infinity. The system maps existing data and uploads it to the relevant fields in the system. The data from SAP or your ERP can also be extracted as an excel and feed into the Asset Infinity system.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**If we added an Asset by mistake, is it possible to delete it completely?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to permanently delete an Asset and we give that access to the admin. But we always suggest discarding the asset and to not delete it completely. You can specify the reason and discard it, like this it will stay in the system, and you can access it whenever you want to.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**What is the information mentioned in Bar Code and QR Codes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The major information that we mention on the Bar Codes and QR Codes is the Asset Code. On scanning the tag you can see all the information pertaining to that asset code. Same goes for RFID and NFC.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Are all asset codes system generated?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No. You can also manually enter an asset code or the system generates it for you when you upload data. Asset codes can be changed at the time of asset creation or data upload.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**When the customer scans the code will they get all the information?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, if the customer scans through Asset Infinity’s app, then they will get complete details of their asset. But if the customer scans the code through any other scanner or through any other app then you will only receive the asset code/number of the asset and nothing else.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Why it is not possible to scan the code with any other scanner or App?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ This is due to security & privacy reasons. If any unauthorized person scans the asset code, they should not be able to see your asset details. Hence the information is restricted to authorized personnel with Asset Infinity account access.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**We already have QR codes and barcodes. Do we need to re-install them?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, you don’t need to install the QR code and Barcode again. If they are already present, we'll map the same tags to our system. But if there is any additional information in the tags vs what’s uploaded to asset infinity, then we would not be able to read the information.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**If there is an existing sticker tag on the asset, do we need to sticker tag it again?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ If asset code is stored, then we can use it and if it has some other information that it will be not scanned, and new tags will be stickered.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**When we transfer any asset from one location to another does the latitude longitude information get changed automatically?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, the latitude longitude information is not recorded automatically. We need to update it after a change in location.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**It is possible to put Depreciation and other details at Block level and not Asset Level?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.  For example, the customer has a laptop, they defined that the life of asset is 5 years, and the percentage of depreciation is 20%. Now if any laptop is purchase then the system will automatically used for all the other assets too.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Is it possible to predefine the end of life and other things of the asset?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**What are the provisions for dealing with duplicity of asset records?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No two asset can have same code/number and two Sales Number cannot be the same.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Can we customize the sticker or not?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we can customize the Bar Code and QR Codes by adding asset name, number, location, logo of company, etc on it.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Can we put a coloured Logo on our asset sticker?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to get colour logo.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Which stickers and printers should be used to print asset stickers/ asset tags?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ It varies case to case, as different customers have different requirements. We usually use polyester stickers if the surface is hard or if we need the sticker to be weatherproof then we recommend metal stickers. Normally we recommend 60 x 25 sticker size, but it is not mandatory. You can choose any size of sticker according to your requirements.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Is it possible to print another sticker if the first one is damaged? In same price.**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible. You can search for the asset number in the system and then get all the information of the asset and then you can print a new sticker for the asset.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**What is the life of Stickers?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The life of stickers that we generally use has a life of 4-5 years.We recommend a transparent protective layer on this sticker which enhances this life span of this sticker.The sticker would not be damaged because of water/dust/cleaning of asset.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Will every user see all the information of an asset?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No there are roles and permissions through which we manage and ensure the users see information only relevant to them. For example, an IT user can see only IT assets-related information & finance department user can see all assets. Invoice details and depreciation information cannot be accessed by a normal user. Therefore, according to roles, fields are visible. In this application, there is proper management of roles & permission.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**If I have multiple type of users (like viewers, approvers & transaction-making users) does the product price vary?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ For the asset management module, we allow unlimited users with no restrictions, and billing is done based on asset numbers. However, for other modules such as maintenance & purchase, we bill on the basis of number of users.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**In this application can I calculate depreciation?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can calculate depreciation & there are two methods we deploy-Straight line & WDV method. You can choose any method according to your needs.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**What are delivery notes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Delivery notes come in handy when we are transferring an asset or assigning it to the employee then we can make PDF and send it over mail or print out it and & take his/her acceptance & similarly when we take back an asset from an employee, we can generate receipt](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Can we generate delivery notes/asset receipt confirmations from the system?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, this feature is available. With Asset Infinity you can customize it as well. Asset Delivery notes can pick existing asset information from the system automatically and if you want to add any other information that can be also done.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Can we define Parent-child assets?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There are options for linking assets so yes parent-child assets can be created and defined easily.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Can we create a custom field for assets at category level?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, this feature is available. For example, a laptop may need different fields & a piece of furniture may need completely different fields.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**Is there an approval process for transferring or discarding assets?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There is a proper workflow engine in this application so yes you can define the workflow and approval processes for asset transfer or asset discard.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**My ERP system has limited asset information fields. Can we add more info when we add the asset to Asset Infinity?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, when an asset is added, the workflow will be initiated, and all the information can be added such as AMC details, Model No, purchase details, etc. Any information which is not available in ERP you can add that too in this application as a custom filed as well.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**How will I transfer my data to the Asset Infinity application?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ There are two methods for that. First is Bulk Import (must have data in excel format) & the second option is integration with your existing ERP, for which we have APIs.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) [**How to get started in Asset Infinity? I have data in excel! Is your template customizable?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can customize it according to your needs & our support team can also assist you in uploading data.](https://www.assetinfinity.com/add-ons/inventory-rfid-reader#) ## Simplify assets & equipment tracking and maintenance with Asset Infinity From small teams to large enterprises, Asset Infinity is the go-to **Enterprise Asset Management (EAM)** solution for **tracking equipment and optimizing the entire asset lifecycle.** Simplify operations, improve asset performance, and reduce downtime with our powerful and intuitive platform. 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How may I help you today? ## Item Requests Management ![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931256f0db42c8f1d5b_phone-call.png) +1-855-823-2600 / +91-9798-500-500 ![calendar icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931ed043fc9bced2656_calendar.webp) Schedule A Call ![email icon](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60f5a931adf80b4e4ec14aeb_email.webp) sales@assetinfinity.com [![Schedule a demo](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f70b2d2b43277eb25c320c_MicrosoftTeams-image%20(54).webp)\\ Schedule a demo](https://www.assetinfinity.com/schedule-a-demo) [![asset request software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709f92d171e7e308d8dd8_MicrosoftTeams-image%20(53).webp)\\ +1-855-823-2600 / +91-9798-500-500](tel:+18558232600) [![email](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f709c080819121b1bc57f5_MicrosoftTeams-image%20(52).webp)\\ sales@assetinfinity.com](mailto:sales@assetinfinity.com?subject=Inquiry%20about%20Asset%20Infinity) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) ![menu](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bf74411f047_Menu%20Icon.svg) [![Asset Infinity | Asset Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/63f701383b61eacd016ce7e0_MicrosoftTeams-image%20(52).webp)](https://www.assetinfinity.com/) Features ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Solutions ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Resources ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) [Pricing](https://www.assetinfinity.com/add-ons/item-requests#) [Partners](https://www.assetinfinity.com/add-ons/item-requests#) [Contact](https://www.assetinfinity.com/add-ons/item-requests#) [Sign In](https://www.assetinfinity.com/add-ons/item-requests#) ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67a467e2707039ad6929df80_Right%20Arrow%20Black.png) Back [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Features](https://www.assetinfinity.com/add-ons/item-requests#) Asset Management Inventory Management Schedules & Maintenance Helpdesk & Breakdown Purchase Management Usage Tracking Asset Infinity Store [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Solutions](https://www.assetinfinity.com/add-ons/item-requests#) By Use Case By Industry By Job Role [![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/67b6e615e70ffba20ed19b4a_Expand%20Arrow.svg)\\ \\ Resources](https://www.assetinfinity.com/add-ons/item-requests#) Tools Learn Connect With Us [Home](https://www.assetinfinity.com/) \> [Features](https://www.assetinfinity.com/features) \> [Inventory Management](https://www.assetinfinity.com/features/inventory-management-software) \> [Add-ons](https://www.assetinfinity.com/add-ons/item-requests#) \> Item Requests #### ITEM REQUESTS # Request specific items with one click **Inventory Management software: Multiple problems with One Solution** - The Item Requests feature in Asset Infinity allows users to request specific items from the inventory for their use or departmental requirements. This feature streamlines the process of managing item requests, from submission to approval and fulfillment, ensuring efficient allocation of inventory items within the organization. [![item request form template](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648ac33bf1b00eb2464a0e2c_screens1.webp)](https://www.assetinfinity.com/add-ons/item-requests#) ## **Manage Inventory Request at one place** ![Complete Information](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ef4ee987028af76761a5b_Real-time%20location.webp) ### **Streamlined Process** Automate the process of requesting and approving inventory items, reducing manual effort and paperwork ![Easy Checkin-check-out](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ef4fabb8d0ea911618917_Increased%20Security.webp) ### **Enhanced Visibility** Gain visibility into the status and progress of item requests in real time ![Accurate Asset Tracking reports](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ef505da8570983cc1e922_Better%20Decision%20Making.webp) ### **Improved Inventory Control** Maintain control over item distribution and ensure proper allocation based on requests INVENTORY MANAGEMENT SOFTWARE ## **Enables seamless management of inventory item requests** The Item Requests feature facilitates seamless management of inventory item requests. Users can effortlessly submit requests for their personal or departmental needs. With automated approval workflows, the request approval process is streamlined for efficiency. Real-time updates provide visibility into the status of item requests, from submission to approval and fulfillment. By centralizing request management, businesses can effectively coordinate and track all item requests, enhancing coordination and visibility throughout the process ![Asset Movement History](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ef51570fda82b7c220b23_accuracy%20(7).webp) Request Submission ![Asset Theft Prevention](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ef5324d2ed85e4342aa91_Movement%20tracking.webp) Automated Approval Workflow ![Eliminate Ghost assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ef561aeb24b07b77679a0_bell.webp) Real-Time Updates ![Eliminate Ghost assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/647ef577b707a7b0f97a4aec_map.webp) Centralized Request Management [![item request form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648ac354e651e3209eebd14e_screens2.webp)](https://www.assetinfinity.com/add-ons/item-requests#) [![new item request form](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/648ac36cb48d12dd2a917fb7_screens3.webp)](https://www.assetinfinity.com/add-ons/item-requests#) INVENTORY MANAGEMENT SOFTWARE ## **Efficient allocation and control of inventory items** The Item Requests feature ensures efficient allocation and control of inventory items. It allows for precise allocation based on approved requests, preventing overcommitment through automated stock availability checks. With an audit trail for requests and approvals, future reference and accountability are maintained. Generating reports provides insights into inventory usage patterns and demand. Streamline inventory management with the Item Requests feature ![Upload Multiple assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61519e6c97ebe728a264b83f_upload.webp) ##### Allocate inventory items based on approved requests, ensuring proper distribution and utilization ![Get Alert & Reminders](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61519e76a0ac275c1760a54e_reminder.webp) ##### Automatically check item availability before approving requests to prevent overcommitment ![Add new assets](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61519e7d592b32c9e35d2045_add-file-button.png) ##### Maintain an audit trail of item requests and approvals for future reference and accountability ## Switch from Excels and Spreadsheets to a Cloud-Based Asset Management Software ## Explore our other features [![Asset Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b1a6bcf8ed9e049d984_Asset-Tracking.png)\\ \\ **Asset Tracking** \\ \\ Asset tracking software tracks & monitors all the crucial assets & their performance. It helps in keeping track of assets & optimizes asset performance as well.](https://www.assetinfinity.com/features/asset-tracking-software) [![Inventory Management Software](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b285b8f64093612f7e1_Inventory-Management.png)\\ \\ **Inventory Management** \\ \\ Track your inventories with accurate numbers and get notified whenever inventory goes below the defined level. Manage them efficiently with proper inventory management.](https://www.assetinfinity.com/features/inventory-management-software) [![Asset Audit and Physical Verification - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b39debca6bd9b60e9fc_Audit-%26-Physical-Verifications.png)\\ \\ **Audit & Physical Verifications** \\ \\ Asset verification is crucial for the asset auditing process. Moreover, the condition of each asset is also checked and tracked in the asset audit procedure.](https://www.assetinfinity.com/features/asset-verification) [![Preventive Maintenance Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b4dcb2028de4c99de1e_Preventive-Maintenance.png)\\ \\ **Preventive Maintenance** \\ \\ Keep assets maintained & perform asset maintenance before breakdown occurs. With preventive maintenance, you can optimize asset performance as well.](https://www.assetinfinity.com/features/preventive-maintenance-software) [![Incident and Breakdown Management - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b5bbad13b2782b34003_breakdowns-%26-Incident.png)\\ \\ **Breakdowns & Incidents** \\ \\ Every incident is recorded, and the incident management team tries to resolve the incident quickly so that damage control can be done as quickly as possible.](https://www.assetinfinity.com/features/helpdesk-breakdown) [![Utility Tracking Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b67bf756e116dd5e081_Utility-Tracking.png)\\ \\ **Utility Tracking** \\ \\ Utility tracking can be helpful in minimizing utility bills. As utility tracking alert you on daily basis about utility consumption.](https://www.assetinfinity.com/features/usage-tracking) [![Purchase Requisition Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c0684d61e11cc0c28de817_Assets-%26-Items-Requisition.png)\\ \\ **Assets & Items Requisitions** \\ \\ In a huge organization, item requisition is important because it decreases the chances of fraudulent activities and makes operations organized.](https://www.assetinfinity.com/features/purchase-requisition-software) [![Purchase Order System - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b8dbf756e7ac1d610a0_purchase-order-receiving.png)\\ \\ **Purchase Orders & Receiving** \\ \\ For asset maintenance, maintenance team needs spare parts & for this purchase order is created & order is received.](https://www.assetinfinity.com/features/purchase-order-system) [![Asset Tracking & Management App - Asset Infinity ](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05b99c2342e2319b1d12b_mobile-app.png)\\ \\ **Mobile Apps** \\ \\ Keep track of assets, schedule maintenance, make changes in operation with your mobile when you are away from your office!](https://www.assetinfinity.com/features/mobile-apps) [![Asset Management Security - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ba4315b195c48d96c3f_security.webp)\\ \\ **Security** \\ \\ Asset Infinity is hosted on Microsoft Azure and has enterprise grade security built-in.](https://www.assetinfinity.com/features/security) [![Asset Tracking Support - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05ce40d2e82c1329c7d29_support.webp)\\ \\ **Support** \\ \\ We understand the value of our clients, that is why we believe in going extra mile for customers and provide support 24\*7.](https://www.assetinfinity.com/features/support) [![API Integration Software - Asset Infinity](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/61c05bbc6f80754a6ce796f0_Integrations.webp)\\ \\ **Integrations** \\ \\ Our software is developed in a way so that integration can be done easily. We know an organization uses several applications and data collected from these applications is used to increase efficiency.](https://www.assetinfinity.com/features/integrations) ## Got any questions? We have the answers. [**Can we use existing SAP code as asset code?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to use SAP Code that is already created if the SAP codes are unique for individual assets. It would not be possible if you are using the same code for multiple assets. In case of same code for multiple assets, we need to split the assets and give them individual asset codes.](https://www.assetinfinity.com/add-ons/item-requests#) [**Does Asset code change when transferring assets between locations?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Asset Infinity gives you both options-change the asset code or keep it the same on location change. If the customer wants to change the number of asset while changing the location, the have a simple toggle button to do that. If they want to keep the number, then they do not have to do anything.](https://www.assetinfinity.com/add-ons/item-requests#) [**Do you suggest changing asset code when location changes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Our suggestion to the customer is to change their SAP code if they want, but to keep the asset code intact so that you have a complete asset history with you. This gives you the complete asset lifecycle in a single record.](https://www.assetinfinity.com/add-ons/item-requests#) [**Is it possible to migrate my SAP or ERP data into Asset Infinity?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, there are APIs available to receive and return data from your ERP system into Asset Infinity. The system maps existing data and uploads it to the relevant fields in the system. The data from SAP or your ERP can also be extracted as an excel and feed into the Asset Infinity system.](https://www.assetinfinity.com/add-ons/item-requests#) [**If we added an Asset by mistake, is it possible to delete it completely?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to permanently delete an Asset and we give that access to the admin. But we always suggest discarding the asset and to not delete it completely. You can specify the reason and discard it, like this it will stay in the system, and you can access it whenever you want to.](https://www.assetinfinity.com/add-ons/item-requests#) [**What is the information mentioned in Bar Code and QR Codes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The major information that we mention on the Bar Codes and QR Codes is the Asset Code. On scanning the tag you can see all the information pertaining to that asset code. Same goes for RFID and NFC.](https://www.assetinfinity.com/add-ons/item-requests#) [**Are all asset codes system generated?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No. You can also manually enter an asset code or the system generates it for you when you upload data. Asset codes can be changed at the time of asset creation or data upload.](https://www.assetinfinity.com/add-ons/item-requests#) [**When the customer scans the code will they get all the information?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, if the customer scans through Asset Infinity’s app, then they will get complete details of their asset. But if the customer scans the code through any other scanner or through any other app then you will only receive the asset code/number of the asset and nothing else.](https://www.assetinfinity.com/add-ons/item-requests#) [**Why it is not possible to scan the code with any other scanner or App?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ This is due to security & privacy reasons. If any unauthorized person scans the asset code, they should not be able to see your asset details. Hence the information is restricted to authorized personnel with Asset Infinity account access.](https://www.assetinfinity.com/add-ons/item-requests#) [**We already have QR codes and barcodes. Do we need to re-install them?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, you don’t need to install the QR code and Barcode again. If they are already present, we'll map the same tags to our system. But if there is any additional information in the tags vs what’s uploaded to asset infinity, then we would not be able to read the information.](https://www.assetinfinity.com/add-ons/item-requests#) [**If there is an existing sticker tag on the asset, do we need to sticker tag it again?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ If asset code is stored, then we can use it and if it has some other information that it will be not scanned, and new tags will be stickered.](https://www.assetinfinity.com/add-ons/item-requests#) [**When we transfer any asset from one location to another does the latitude longitude information get changed automatically?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No, the latitude longitude information is not recorded automatically. We need to update it after a change in location.](https://www.assetinfinity.com/add-ons/item-requests#) [**It is possible to put Depreciation and other details at Block level and not Asset Level?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.  For example, the customer has a laptop, they defined that the life of asset is 5 years, and the percentage of depreciation is 20%. Now if any laptop is purchase then the system will automatically used for all the other assets too.](https://www.assetinfinity.com/add-ons/item-requests#) [**Is it possible to predefine the end of life and other things of the asset?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we have a provision in Category Master through which you can categorize and enter any detail about the asset that you want. It would be reflected in the system.](https://www.assetinfinity.com/add-ons/item-requests#) [**What are the provisions for dealing with duplicity of asset records?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No two asset can have same code/number and two Sales Number cannot be the same.](https://www.assetinfinity.com/add-ons/item-requests#) [**Can we customize the sticker or not?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, we can customize the Bar Code and QR Codes by adding asset name, number, location, logo of company, etc on it.](https://www.assetinfinity.com/add-ons/item-requests#) [**Can we put a coloured Logo on our asset sticker?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible to get colour logo.](https://www.assetinfinity.com/add-ons/item-requests#) [**Which stickers and printers should be used to print asset stickers/ asset tags?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ It varies case to case, as different customers have different requirements. We usually use polyester stickers if the surface is hard or if we need the sticker to be weatherproof then we recommend metal stickers. Normally we recommend 60 x 25 sticker size, but it is not mandatory. You can choose any size of sticker according to your requirements.](https://www.assetinfinity.com/add-ons/item-requests#) [**Is it possible to print another sticker if the first one is damaged? In same price.**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, it is possible. You can search for the asset number in the system and then get all the information of the asset and then you can print a new sticker for the asset.](https://www.assetinfinity.com/add-ons/item-requests#) [**What is the life of Stickers?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ The life of stickers that we generally use has a life of 4-5 years.We recommend a transparent protective layer on this sticker which enhances this life span of this sticker.The sticker would not be damaged because of water/dust/cleaning of asset.](https://www.assetinfinity.com/add-ons/item-requests#) [**Will every user see all the information of an asset?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ No there are roles and permissions through which we manage and ensure the users see information only relevant to them. For example, an IT user can see only IT assets-related information & finance department user can see all assets. Invoice details and depreciation information cannot be accessed by a normal user. Therefore, according to roles, fields are visible. In this application, there is proper management of roles & permission.](https://www.assetinfinity.com/add-ons/item-requests#) [**If I have multiple type of users (like viewers, approvers & transaction-making users) does the product price vary?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ For the asset management module, we allow unlimited users with no restrictions, and billing is done based on asset numbers. However, for other modules such as maintenance & purchase, we bill on the basis of number of users.](https://www.assetinfinity.com/add-ons/item-requests#) [**In this application can I calculate depreciation?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Yes, you can calculate depreciation & there are two methods we deploy-Straight line & WDV method. You can choose any method according to your needs.](https://www.assetinfinity.com/add-ons/item-requests#) [**What are delivery notes?**\\ \\ ![](https://cdn.prod.website-files.com/60edc0a8835d5b4caf11f01c/60edc0a8835d5bfb2111f044_Dropdown.svg)\\ \\ Delivery notes come in handy when we are transferring an asset o