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How Our Company Manages Business Assets with BoxHero

Junie
Junie
How Our Company Manages Business Assets with BoxHero

Our company encountered difficulties in tracking business assets as it required lots of effort to find them. We knew that the only solution for this problem was to manage them properly to protect our business’s profit. However, our company decided not to process manual asset management since it can bring us inconvenience and gives wrong information and data.

Therefore, we chose to get the help of asset management software to save time and focus on other necessary works. We recorded everything happening to our assets since it is crucial to know their status as it betters decision-making in investing. If your business relates to the challenges we have experienced, this blog will eventually help you manage business assets effectively with BoxHero.

Look at some of the top challenges and ways to overcome them in a business.


Difficulties in managing business assets without any software
Difficulties in managing business assets without any software

Challenges in the Absence of Asset Management System

These are some of the challenges that we have experienced while managing assets without any system.


  • Human Error

Our company had difficulties finding and distinguishing similar assets, and these challenges sometimes lead to human errors. It took us lots of time and effort to track them since there were no asset images in the record. However, we chose not to manage assets manually since there is a higher chance of providing inaccurate data in the document. Specifically, companies can encounter some mistakes in the operation and calculation because of confusion in identifying assets. These mistakes can cause having inaccurate data, and it will be complicated for you to track business assets when errors occur.


  • Lack of Inventory Count

At first, we did not process any inventory count since we had few assets in the office. However, not performing inventory count leads to having an inaccurate quantity of current assets. Especially when the number of assets increased, it was difficult to manage them properly, and we had no idea which assets were available or not. With this, our company experienced having ghost assets and low stock of assets which can directly impact businesses for the reasons such as unrecorded stock out, asset rearrangement, and others. When we started to process inventory count without any system, the same problems occurred in the record.


  • Inappropriate Tracking

As the number of assets increases, tracking them without software becomes more difficult since you need to find them on a long list. It always took us lots of time to keep track of them as our company had more than 100 papers of asset lists. Moreover, searching for the needed assets in that paper was challenging as we had to find out where it is, who's using them, etc. In this case, you have to keep in mind that if you track your assets inappropriately, you will be recording the wrong information and have inaccurate data.


Manage business assets with BoxHero to avoid human errors, ghost assets, and inaccurate data.

Avoid Human Errors with BoxHero

No more mistakes in operation and calculation since BoxHero's various smart features will do it for you.

• Reduce human errors in the record by registering your assets with their image and information in BoxHero. It is easy to find and distinguish similar business assets in the Item List.

• Upload a spreadsheet that contains your business asset lists to BoxHero for faster registration. No more wasting time. It is much easier to transfer all of your data by importing them at once.

• Categorize your assets such as color, model, brand to have detailed information in Data Center. With this, searching for your business assets is convenient, and you can identify similar assets at once.

• Save time by scanning barcodes to identify and keep track of similar assets. This process is simple and searching is fast while also having accurate data.

• Generate and print barcodes easily if there is no barcode attached to your assets. In Label Print, this feature supports barcode customization to fit your company's needs. Also, you can include item information you wish to see in your label.

Start Inventory Count in BoxHero App

Ensure asset accuracy by performing inventory count in BoxHero App.


• Perform inventory count in BoxHero App to have an accurate quantity of current assets. This software is perfect for first-time users to start tracking business assets anywhere, everywhere.

• Set a notification to avoid having ghost assets and low stock of assets in the Low Stock Reminder menu. This feature allows you to check the overall quantity and receive push notifications when low stock.

• View only the data you need to have better decision-making in purchase and operation. In Analysis feature, it provides errorless asset analyses like turnover, cost, equity, and more.

Track Your Assets With Your Smartphone

Focus on other necessary works by saving time in tracking assets with BoxHero.

• Track your assets quickly by scanning a barcode using your mobile camera. Proper asset tracking allows checking asset status such as where it is, who is using it, and current quantity.

• Invite your team members to control your business assets and edit current status together. In Member & Role menu, it helps to control each member's role to restrict certain actions.

• View the transactions made by your team to check if there are no mistakes. Once your team member made a transaction, it will be recorded directly in History.

• Keep updated in real-time data with a cloud-based asset management solution, BoxHero. The mobile app is perfectly optimized like the web version that allows you to manage business assets efficiently.


Have a hard time managing your inventory? Try BoxHero now.

BoxHero is an easy inventory management solution for everyone.

BoxHero's various smart features suit all industries and businesses.

Start inventorying right now with BoxHero!

arrow-prevBlog List

How Our Company Manages Business Assets with BoxHero

Junie
Junie
How Our Company Manages Business Assets with BoxHero

Our company encountered difficulties in tracking business assets as it required lots of effort to find them. We knew that the only solution for this problem was to manage them properly to protect our business’s profit. However, our company decided not to process manual asset management since it can bring us inconvenience and gives wrong information and data.

Therefore, we chose to get the help of asset management software to save time and focus on other necessary works. We recorded everything happening to our assets since it is crucial to know their status as it betters decision-making in investing. If your business relates to the challenges we have experienced, this blog will eventually help you manage business assets effectively with BoxHero.

Look at some of the top challenges and ways to overcome them in a business.


Difficulties in managing business assets without any software
Difficulties in managing business assets without any software

Challenges in the Absence of Asset Management System

These are some of the challenges that we have experienced while managing assets without any system.


  • Human Error

Our company had difficulties finding and distinguishing similar assets, and these challenges sometimes lead to human errors. It took us lots of time and effort to track them since there were no asset images in the record. However, we chose not to manage assets manually since there is a higher chance of providing inaccurate data in the document. Specifically, companies can encounter some mistakes in the operation and calculation because of confusion in identifying assets. These mistakes can cause having inaccurate data, and it will be complicated for you to track business assets when errors occur.


  • Lack of Inventory Count

At first, we did not process any inventory count since we had few assets in the office. However, not performing inventory count leads to having an inaccurate quantity of current assets. Especially when the number of assets increased, it was difficult to manage them properly, and we had no idea which assets were available or not. With this, our company experienced having ghost assets and low stock of assets which can directly impact businesses for the reasons such as unrecorded stock out, asset rearrangement, and others. When we started to process inventory count without any system, the same problems occurred in the record.


  • Inappropriate Tracking

As the number of assets increases, tracking them without software becomes more difficult since you need to find them on a long list. It always took us lots of time to keep track of them as our company had more than 100 papers of asset lists. Moreover, searching for the needed assets in that paper was challenging as we had to find out where it is, who's using them, etc. In this case, you have to keep in mind that if you track your assets inappropriately, you will be recording the wrong information and have inaccurate data.


Manage business assets with BoxHero to avoid human errors, ghost assets, and inaccurate data.

Avoid Human Errors with BoxHero

No more mistakes in operation and calculation since BoxHero's various smart features will do it for you.

• Reduce human errors in the record by registering your assets with their image and information in BoxHero. It is easy to find and distinguish similar business assets in the Item List.

• Upload a spreadsheet that contains your business asset lists to BoxHero for faster registration. No more wasting time. It is much easier to transfer all of your data by importing them at once.

• Categorize your assets such as color, model, brand to have detailed information in Data Center. With this, searching for your business assets is convenient, and you can identify similar assets at once.

• Save time by scanning barcodes to identify and keep track of similar assets. This process is simple and searching is fast while also having accurate data.

• Generate and print barcodes easily if there is no barcode attached to your assets. In Label Print, this feature supports barcode customization to fit your company's needs. Also, you can include item information you wish to see in your label.

Start Inventory Count in BoxHero App

Ensure asset accuracy by performing inventory count in BoxHero App.


• Perform inventory count in BoxHero App to have an accurate quantity of current assets. This software is perfect for first-time users to start tracking business assets anywhere, everywhere.

• Set a notification to avoid having ghost assets and low stock of assets in the Low Stock Reminder menu. This feature allows you to check the overall quantity and receive push notifications when low stock.

• View only the data you need to have better decision-making in purchase and operation. In Analysis feature, it provides errorless asset analyses like turnover, cost, equity, and more.

Track Your Assets With Your Smartphone

Focus on other necessary works by saving time in tracking assets with BoxHero.

• Track your assets quickly by scanning a barcode using your mobile camera. Proper asset tracking allows checking asset status such as where it is, who is using it, and current quantity.

• Invite your team members to control your business assets and edit current status together. In Member & Role menu, it helps to control each member's role to restrict certain actions.

• View the transactions made by your team to check if there are no mistakes. Once your team member made a transaction, it will be recorded directly in History.

• Keep updated in real-time data with a cloud-based asset management solution, BoxHero. The mobile app is perfectly optimized like the web version that allows you to manage business assets efficiently.


Have a hard time managing your inventory? Try BoxHero now.

BoxHero is an easy inventory management solution for everyone.

BoxHero's various smart features suit all industries and businesses.

Start inventorying right now with BoxHero!