Using Asset Tracking Software in the Midst of an Audit Season

asset tracking software for audit seasonWhy you would need asset tracking software for conducting audits

Every business wants to achieve its targets at the end of the year. It doesn’t matter if you’re a small business or an enterprise, the rules for success remain somewhat the same. One of the most critical business processes is to have a streamlined audit. So, why is an audit so important and how can it help improve your organization’s performance? Well, holding audits does a lot more than just filter out the financial records of your company [Source]. It helps you achieve the following benefits:

1) Measure actual growth vs. proposed growth: Setting up business goals requires a lot of hard work and resources. What a loss of resources would it be if you are not able to meet even half of your set targets. Internal audits provide an easy way out of this! After you generate reports of your business progress, it becomes easier to compare trends and predict future business strategies.

2) Reduce risk of fraud and poor asset management: Business inventory management involves a great deal of cautious planning and execution. Your inventory is the capital investment and you need to make sure you are getting the desired returns on it. Audits help you pinpoint which assets are dragging your rate of return down. You can cut down on costs, optimize usage and amend your finances. One way to do that is to implement a cloud-based asset tracking software across your firm. Continue reading

Taxes Made Easy With Fixed Asset Management Software

Fixed Asset Management SoftwareFixed Asset Management Software and Taxes

With the date to file annual taxes approaching, companies are in the typical rush to gather documents and necessary information. Preparing your balance sheet, income statement and statement of cash flows requires extensive information from multiple employees spread across different departments and offices. Adequately and accurately handling tax returns is crucial to preventing overpayment or underpayment of taxes; the former affecting the company’s power to reinvest and grow as a business and the latter potentially exposing the company to tax fraud. Fixed asset management software plays a significant role in getting your taxes in order. The software will help you conduct asset audits, calculate depreciation, and track asset value, maintenance and procurement costs. Here is how fixed asset management software can make one of the most grueling tasks of the tax season a breeze. Continue reading

Under the Scanner – Feature Release August 2016

asset tracking softwareAugust has kept us very busy here at EZOfficeInventory. This month, we’ve rolled out some productivity-boosting features and other significant enhancements to our asset tracking software. You can benefit from our smooth cart workflows, seamless integrations, and a revamped mobile app that lets you do so much more on the go. We’ve also made auditing and maintenance management a lot more convenient, so you can prioritize and focus on what’s important to you. Read up on what’s in store for you in our latest feature release. Continue reading


Having a calendar view is a request that came from our first customer. We couldn’t deny it and in hindsight, we should have had it when we launched! Better late than never.

Some features making their way out today include:

  1. Calendar for over due items
  2. Export of asset checkout dates to iCalendar format
  3. Reservation improvements
  4. Registration fixes
  5. QRCode scan tracking
  6. Ability to search via asset number (just type #2 in the search for asset with id 2)
  7. Print Label scanning enforcement for Audits
  8. Self initiated Audits by employees