eQuip Asset Tracking Solution for Commercial Enterprises

Mature your asset tracking process

Improve Efficiency, Reduce Loss, and Protect Intellectual Property

Automated asset tracking can improve efficiency by preventing asset loss and reducing time committed to asset management and asset audits.

An asset tracking solution can also protect against intellectual property theft and help enterprises to meet important regulatory requirements.

Common challenges in asset tracking for commercial enterprises

Many businesses face common challenges in asset management. We’ve found the most common problems are: Government agencies may rely on spreadsheets to manage their asset information. These spreadsheets are often cumbersome and lead to data errors and inefficiencies. This makes it difficult to adequately manage the hundreds or even thousands of assets an agency may be responsible for. Agencies cannot rely on their ERP systems for sufficient asset management either. ERP systems only record a limited set of asset information. This is not sufficient to track the life-cycle events of physical assets.

Loss of equipment due to lack of asset audit trail
Loss of sensitive product samples due to lack of controlled transfer of custody
Over-payment on property taxes due to lack of timely update on asset disposition
Lack of a single software platform to organize basic physical asset information

How an asset tracking solution helps these problems

Allows you to maintain an asset audit trail
More easily institute an approval process for transfer of sensitive items
Enables you to quickly implement asset disposition processes and requirements
Can connect with other systems to create one single platform for asset information

“The level of customization that is available right out of the box far surpasses our expectations, and allows us to meet all of our organizational requirements.”

Mark Brown
Property Management Specialist, NCI Information Systems

Why Choose eQuip as an asset tracking solution?

An asset tracking system should incorporate all financial and operational information of equipment and other enterprise assets into one place.

This allows businesses to make the best decision in managing their assets.

In order for an asset tracking system to do this, it needs to meet certain technical requirements:

One integrated web based solution, including mobile apps on purpose built barcode scanners, smartphones and tablet devices.
Flexible architecture to allow for quick changes in asset fields, workflow actions, reports
Guided customer on boarding process to configure the system to support unique business processes.
Flexible tools for system administrators uses to update workflow actions, add approval steps and email notifications.
Flexible software deployment models including Software as a Service, and Managed Hosting with clustered servers in different continents to ensure performance and scalability.
Built in support for asset tracking technologies like RFID and Bluetooth tags

Protecting Intellectual Property with Asset Tracking

Asset tracking is an important aspect of many enterprises businesses. If your business deals with Intellectual Property, asset tracking is especially important.

For more information, please read our SlideShare on asset tracking and intellectual property.

Transform process to protect product samples embedded with intellectual property from Jackie Luo

Use cases for eQuip enterprise asset management and asset tracking solution

Track the chain of custody of product samples in the global supply chain to protect intellectual property
Track the movement of certain materials in the manufacturing process to meet regulatory requirements, such as Anexo 24 for IMMEX companies
Install RFID readers and tags to automate the tracking of sensitive items in the field
Track the movement of physical assets across different states to provide accurate information for property taxes