Stock-to-Asset Feature — the Comprehensive System for Both Inventory and Asset Management

(PRWEB) May 07, 2015

ASAP Systems, a leading Inventory System and Asset Tracking Solution provider, today announced the release of its Stock-to-Asset feature that helps account for inventory issued out to a customer, while also automatically reclassifying and tracking that inventory as a deployed asset. The new functionality continues to capitalize on the dual tracking capabilities of BarCloud that dramatically reduce the amount of time needed to manage inventory and assets throughout complex business processes.

“With Stock-to-Asset, ASAP Systems has architected another functionality that delivers simplified, operationally efficient solutions for performing inventory and asset management in one system,” says Greg Wachowiak, Senior VP of Engineering at ASAP Systems.

Stock-to-Asset allows users to issue out a stock item or kit from the warehouse and simultaneously generate a new asset file in the same database. Not only does the stock inventory count automatically adjust, but also, users can begin tracking the item as an asset, including its location, maintenance, warranty date, and other attributes. These additional capabilities help address the inventory needs of IT service providers and streamline their workflow.

ASAP Systems’ Inventory System and Asset Tracking Solution’s latest enhancement help further reduce long-term overhead expenses related to accounting effort. It allows users to carry over sales order information for inventory when it is converted into an asset, dynamically adjusting the quantity and price point. Thus, users avoid having to enter the transaction data twice and the potential data-entry errors that could occur.

About ASAP Systems

ASAP Systems provides industry-leading inventory management and asset tracking systems that use barcode technology with barcode scanners, smartphones, and tablets. Inventory System and Asset Tracking Solution has helped thousands of organizations improve profitability by eliminating manual data entry, paper files, and forms through automatic inventory transactions. With the inventory and asset system, businesses can view and track asset and inventory movement 24/7, from the warehouse, off-site, and in the office.