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Asset Panda

Score8 out of 10

15 Reviews and Ratings

What is Asset Panda?

Asset Panda is a cloud-based barcoding and asset tracking platform from the company of the same name headquartered in Frisco, Texas, that can possibly displace the need for scanners with standard (mobile phone, tablets) mobile devices in barcode scanning.

Media

The list view of Asset Panda groups.
A look inside a single asset record on Asset Panda.
Asset Panda's interactive Dashboards.

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Top Performing Features

  • Software and hardware inventory tracking

    Discovery and management of hardware and software inventory

    Category average: 8.2

  • Asset lifecycle monitoring

    Monitoring asset lifecycle from acquisition to retirement

    Category average: 7.5

  • Asset relationship management

    Asset relationship management is the ability to see relationships between assets to help with troubleshooting

    Category average: 7.6

Areas for Improvement

Asset Panda is Great

Use Cases and Deployment Scope

We use Asset Panda to track assets such as computers, monitors, docking stations, and peripherals. With this application, we are able to assign assets to users and track them. It makes warranties and terminations easier to maintain.

Pros

  • Tracks assets assigned to users
  • Know the location of assets by address and description
  • eSign for asset assignments

Cons

  • The SSO setup has some issues
  • Setting up users has multiple steps that could be streamlined

Most Important Features

  • esign
  • detailed asset information

Return on Investment

  • Quick and easy asset management

Alternatives Considered

RedBeam Inventory Tracking

Other Software Used

8x8 Contact Center, Concur Travel and Expense, Palo Alto Panorama

Great for Tracking!

Use Cases and Deployment Scope

We use Asset Panda to track our trucks and our office assets. It helps us keep track of what is being repaired, what is out of commission and where the trucks are being stored. We are able to store trucks by vin and easily search them to see where they are at.

We can also use this to track remote workers computers and equipment that our company has given to them and when it was given to them.

Pros

  • Tracks Assets
  • keeps assets organized
  • lets us know exact locations

Cons

  • Sometimes search isn't the best
  • It does not tell you if you have double posted

Most Important Features

  • Keeping track
  • Repairs
  • Status of trucks

Return on Investment

  • Easily putting our assets in one place
  • Easy tracking who has what

Other Software Used

QuickBooks Online, Microsoft BI (MSBI)

Review

Use Cases and Deployment Scope

We take the help of Asset Panda to measure assets like desktops, screens, charging points, and external devices. We assign assets to users and track them using this implementation. It makes it easier to keep service contracts and dismissals in place. We conduct research and create reports based on all of the data.

Pros

  • Find the position of assets using their location and synopsis
  • E-signature is used to assets
  • Cloud based tracking from anywhere
  • Assets assigned to users are easily tracked

Cons

  • The picture configuration and organisation of pictures could've been enhanced
  • Users setting up is very difficult
  • Security Sign in is very ambigous

Most Important Features

  • Very simple to use
  • Assest information in detail
  • Asset management that is quick and simple

Return on Investment

  • Asset Panda is easier to use and maintains a more accurate inventory of assets.
  • Inventory can be resolved using labels

Other Software Used

Fivetran, Hevo Data, Stitch, from Talend

An Asset Tracking System which makes Inventory a Breeze!

Pros

  • Cloud-Based - I can access it anywhere with an internet connection.
  • Mobile App - The mobile app makes life easier with barcode scanning, searching, and even update assets on the go. The best part of the mobile app is I can now capture signatures for assets that users own.
  • User-Friendly - Asset Panda is easy to use out of the box and can be customized for the most complex environments. We built into our site the ability to maintain our credit card machines and utilize and check-in/check-out tracking system and even built into it the ability to audit the devices for tamper checks to update the tamper check automatically.
  • Pictures & Documents - On any asset I can now upload quotes, internal requisitions, receipts, and pictures with each asset! This makes my inventory a one stop shop for all documentation for each asset.

Cons

  • Time-out settings on the website should be increased.
  • Image structure on the way they organized photos could be improved.
  • Barcode scanner on a mobile device could be improved.
  • Photo editor could be improved.

Return on Investment

  • Inventory now has RBAC.
  • Inventory is easily kept up to date with annual verification buttons.
  • Inventory can now use labels and gun scanners for easy reconciliation.
  • Inventory can be searched using any field.

Alternatives Considered

Spiceworks

Great for nonprofits

Pros

  • It is great for a non profit organization because you can add any columns you need to the asset. For example, I have added a funding source column to sort different grants that have paid for our assets.
  • Asset Panda provides the depreciation calculation for you.
  • The software is easy to maneuver. It can be easily searched and sorted by type of asset/date or any category you create.
  • You can add and track non depreciable items as well. Reports can be ran for just depreciable assets when needed so this will not interfere with you depreciable asset listing.

Cons

  • When entering dates, the first available date is 2005. If you have assets that predate this, you cannot enter an accurate date. This also interferes with you depreciation in the software.
  • We tag all products with an ID number. However we started also adding bar code tags. Since they were both considered an asset IDs, we lost some of ID numbers when we scanned the bar codes. It was too easy to loose data.
  • I use straight line depreciation so this product is perfect for our company; however, if you added other depreciation methods that may attract more customers.

Return on Investment

  • I use this software for a non profit so there is no return on investment. However, it has helped us with grant reporting. Some grants need us to track assets and depreciation that their funds purchased and this software has been very helpful.

Alternatives Considered

Peoplesoft

Other Software Used

Abila MIP Fund Accounting