Designed to allow your organization to more effectively control and utilize its assets, Asset Tracker is a web-based solution for keeping track of the location, details and status of capital equipment - regardless of where the equipment is deployed. Among its benefits, Asset Tracker delivers improved utilization of equipment and reduced capital spending. GE Commercial Finance, Commercial Equipment Financing uses Asset Tracker in their Global Asset Management Operation.
How Asset Tracker Works
Using a dedicated tracking site that is password protected, Asset Tracker provides you the ability to search and locate capital assets throughout your organization. You can search for equipment in a number of ways - by business unit, function, or by specific piece of equipment category.
Once an asset is located, you can determine its status and take appropriate action. Idle or under-utilized assets, for example, can be internally re-deployed or transferred, helping to increase their value to the organization and reducing capital spending on new equipment.
Assets no longer required or deemed surplus can be earmarked for disposition through traditional or on-line sales methods, such as Asset Seller.
With Asset Tracker, your organization can:
Search and request for capital equipment within their organization, across multiple locations or facilities
Review asset details, such as equipment description, specifications, images, financial information, related documents and contact information
Add new asset details by uploading data from spreadsheet applications
Extract asset details and generate asset management reports
Instantly determine the status of capital equipment
Transfer and re-deploy idle assets
Dispose of unnecessary or surplus equipment
Efficiently manage and track leased assets
Generate internal want-ads for needed equipment
Assign and control security authorization levels
Enable an automated approval process for controllership
Benefits of Asset Tracker
Asset Tracker delivers a series of benefits that result in:
Enhanced Controllership - Provides critical capital equipment management process controls company-wide
Reduced capital spending - By allowing organizations to track and re-deploy idle assets, Asset Tracker reduces capital spending on new equipment
Managed Leased Assets - System generated action alerts keeps users informed and in control throughout the term of the lease
Streamlined business processes - Asset Tracker simplifies the capture, transfer, extraction and reporting of asset data, leading to greater operational efficiencies
Greater value from equipment and capital assets - By identifying the status of equipment, Asset Tracker ensures that capital assets are contributing their full value to the organization
When coupled with the full suite of Asset Manager offerings, your organization can now better manage the entire lifecycle of its assets - from acquisition to disposition - and gain better control of and greater value from its equipment.
