{"id":34441,"date":"2026-02-06T10:39:19","date_gmt":"2026-02-06T15:39:19","guid":{"rendered":"https:\/\/www.sage.com\/en-us\/blog\/?p=34441"},"modified":"2026-02-06T10:39:21","modified_gmt":"2026-02-06T15:39:21","slug":"what-is-asset-tracking-software","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-us\/blog\/what-is-asset-tracking-software\/","title":{"rendered":"What is asset tracking software? Definition, uses, and why it matters for your business"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/category\/technology-innovation\/\" class=\"entry-header__link\">Technology &amp; Innovation<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tWhat is asset tracking software? Definition, uses, and why it matters for your business\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \">Published <time class=\"entry-date published\" datetime=\"2026-02-06T10:39:19-05:00\">February 6, 2026<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"What is asset tracking software? Definition, uses, and why it matters for your business\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-us\/blog\/what-is-asset-tracking-software\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n\t<\/header>\n\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-us\/blog\/author\/emmarobinson\/\">\n\t\t\t\t<img alt='Emma Robinson' src='https:\/\/www.sage.com\/en-us\/blog\/wp-content\/themes\/sage\/dist\/images\/avatars\/author-fallback.svg' srcset='https:\/\/www.sage.com\/en-us\/blog\/wp-content\/themes\/sage\/dist\/images\/avatars\/author-fallback.svg 2x' class='avatar avatar-40 photo avatar-default entry-author__image' height='40' width='40' \/>\t\t\t\t<span class=\"entry-author__name\">Emma Robinson<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<p>From delivery vehicles to medical equipment, fixed assets come in all different shapes and sizes. However, all assets, no matter how big or small, require consistent monitoring and management. This is where <a href=\"https:\/\/www.sage.com\/en-us\/products\/sage-fixed-assets\/\" target=\"_blank\" rel=\"noreferrer noopener\">asset tracking software<\/a> comes in.<\/p>\n\n\n\n<p>Whether you\u2019re supplying students with tablets or construction teams with tools, asset tracking software is crucial for maintaining efficacy, organization, and <a href=\"https:\/\/www.sage.com\/en-us\/blog\/how-to-stay-a-step-ahead-on-compliance\/\" target=\"_blank\" rel=\"noreferrer noopener\">compliance<\/a>. Without it, you\u2019re at greater risk of financial loss, misplaced or underutilized assets, and operational disruptions.<\/p>\n\n\n<?xml encoding=\"utf-8\" ?><div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><ul><li><a href=\"#h-asset-tracking-software-what-it-is-and-why-it-matters\" data-level=\"2\">Asset tracking software: what it is and why it matters<\/a><ul><li><a href=\"#h-manual-tracking-vs-automated-software\" data-level=\"3\">Manual tracking vs. automated software<\/a><\/li><\/ul><\/li><li><a href=\"#h-how-does-asset-tracking-software-work\" data-level=\"2\">How does asset tracking software work?<\/a><ul><li><a href=\"#h-common-asset-tracking-technologies\" data-level=\"3\">Common asset tracking technologies<\/a><\/li><\/ul><\/li><li><a href=\"#h-key-benefits-and-features-of-asset-tracking-software\" data-level=\"2\">Key benefits and features of asset tracking software<\/a><ul><li><a href=\"#h-real-time-tracking-and-visibility\" data-level=\"3\">Real-time tracking and visibility<\/a><\/li><li><a href=\"#h-audit-trails\" data-level=\"3\">Audit trails<\/a><\/li><li><a href=\"#h-integration-with-other-systems\" data-level=\"3\">Integration with other systems<\/a><\/li><li><a href=\"#h-mobile-compatibility\" data-level=\"3\">Mobile compatibility<\/a><\/li><li><a href=\"#h-automated-alerts-and-reminders\" data-level=\"3\">Automated alerts and reminders<\/a><\/li><li><a href=\"#h-reporting-and-analytics\" data-level=\"3\">Reporting and analytics<\/a><\/li><\/ul><\/li><li><a href=\"#h-asset-tracking-by-industry\" data-level=\"2\">Asset tracking by industry<\/a><ul><li><a href=\"#h-healthcare\" data-level=\"3\">Healthcare<\/a><\/li><li><a href=\"#h-manufacturing\" data-level=\"3\">Manufacturing<\/a><\/li><li><a href=\"#h-education\" data-level=\"3\">Education<\/a><\/li><li><a href=\"#h-construction\" data-level=\"3\">Construction<\/a><\/li><li><a href=\"#h-retail\" data-level=\"3\">Retail<\/a><\/li><li><a href=\"#h-hospitality\" data-level=\"3\">Hospitality<\/a><\/li><\/ul><\/li><li><a href=\"#h-what-is-the-best-asset-tracking-software\" data-level=\"2\">What is the best asset tracking software?<\/a><\/li><li><a href=\"#h-key-takeaways\" data-level=\"2\">Key takeaways<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-asset-tracking-software-what-it-is-and-why-it-matters\">Asset tracking software: what it is and why it matters<\/h2>\n\n\n\n<p>Asset tracking is the process of monitoring, organizing, and reporting on your business\u2019s <a href=\"https:\/\/www.sage.com\/en-us\/blog\/a-comprehensive-guide-to-assets-and-asset-management\/\" target=\"_blank\" rel=\"noreferrer noopener\">physical assets<\/a>. While spreadsheets or even pen-and-paper methods can work in a pinch, modernizing your systems with asset tracking software is the quickest route to accuracy, visibility, and long-term success.<\/p>\n\n\n\n<p>Compared to other basic inventory tools, asset tracking software offers advanced, real-time insights on physical assets <a href=\"https:\/\/www.sage.com\/en-us\/blog\/master-your-fixed-assets\/\" target=\"_blank\" rel=\"noreferrer noopener\">throughout their lifecycles<\/a>. These insights include critical details like location, usage patterns, and maintenance needs. Knowing this information helps business owners and their finance teams maintain more <a href=\"https:\/\/www.sage.com\/en-us\/blog\/keeping-fixed-assets-accurate-why-adjustments-matter\/\" target=\"_blank\" rel=\"noreferrer noopener\">accurate asset records<\/a> and improve organization, compliance, and overall efficiency.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-manual-tracking-vs-automated-software\">Manual tracking vs. automated software<\/h3>\n\n\n\n<p>While asset tracking software can elevate any business, it\u2019s especially helpful for those relying on <a href=\"https:\/\/www.sage.com\/en-us\/blog\/fixed-asset-management-spreadsheets\/\" target=\"_blank\" rel=\"noreferrer noopener\">spreadsheets and other manual tracking<\/a><a href=\"https:\/\/www.sage.com\/en-us\/blog\/fixed-asset-management-spreadsheets\/\"> methods.<\/a> These methods, while sometimes sufficient for budding businesses and startups, aren\u2019t designed to scale. They\u2019re time-consuming, tedious, and prone to human error &#8212; everything automated asset tracking is not.<\/p>\n\n\n\n<p>For organizations with substantial inventories, such as manufacturers or <a href=\"https:\/\/www.sage.com\/en-us\/blog\/hospital-asset-tracking-software-healthcare-fixed-asset-accounting\/\" target=\"_blank\" rel=\"noreferrer noopener\">healthcare providers<\/a>, here\u2019s a side-by-side comparison of manual vs. automated tracking solutions:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Goal<\/strong>&nbsp;<\/td><td><strong>Manual asset tracking (spreadsheets)<\/strong>&nbsp;<\/td><td><strong>Automated asset tracking software<\/strong>&nbsp;<\/td><\/tr><tr><td>Accuracy<\/td><td>Manual data entry increases the risk of errors and outdated records<\/td><td>Asset data is captured and updated automatically in near real time<\/td><\/tr><tr><td>Visibility<\/td><td>Limited visibility across teams, locations, and assets<\/td><td>Centralized asset information improves visibility and reporting&nbsp;<\/td><\/tr><tr><td>Scalability<\/td><td>Difficult to manage as asset volumes grow<\/td><td>Scales efficiently as business and asset inventories expand&nbsp;<\/td><\/tr><tr><td>Compliance and audits<\/td><td>Harder to maintain consistent, audit-ready records<\/td><td>Supports compliance with accurate, traceable asset data<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Even if your business has a small portfolio, settling for spreadsheets is not the answer. Regardless of inventory size, spreadsheets can conceal inaccurate or outdated information. In fact, when experts cross-check spreadsheet records with physical inventories, they commonly find <a href=\"https:\/\/fixedassetexperts.com\/blog\/5-signs-its-time-to-ditch-your-spreadsheets-improve-fixed-asset-management\/\" target=\"_blank\" rel=\"noreferrer noopener\">15-30% unrecorded asset retirements<\/a>, or assets that are no longer in use but still remain on the books. Often referred to as \u201c<a href=\"https:\/\/www.sage.com\/en-us\/blog\/technology-mitigate-risks-ghost-zombie-assets\/\" target=\"_blank\" rel=\"noreferrer noopener\">ghost assets<\/a>,\u201d these items can inflate asset values and increase compliance risk.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-does-asset-tracking-software-work\">How does asset tracking software work?<\/h2>\n\n\n\n<p>Several asset tracking technologies exist, each with its own unique set of capabilities and processes. However, regardless of the specific software used, asset tracking often begins as soon as an asset is acquired, or while it\u2019s still being built or assembled, well before it\u2019s placed in service. From there, assets are tagged, data is captured through scans or sensors, and information is recorded in a centralized system as the asset moves through its lifecycle.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-common-asset-tracking-technologies\">Common asset tracking technologies<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Barcodes<\/strong>: Assets are labeled with a printed barcode that can be scanned using a handheld scanner or mobile device to record location, status, or ownership. Barcodes work best for environments where assets are inventoried periodically or checked in and out, such as office equipment, library materials, or classroom technology.<\/li>\n\n\n\n<li><strong>Radio frequency identification (RFID)<\/strong>: RFID tags transmit data using radio waves, allowing assets to be detected by nearby readers without direct line-of-sight scanning. RFID is commonly used for high-volume or fast-moving assets, such as warehouse inventory or equipment spread across multiple locations.<\/li>\n\n\n\n<li><strong>Global positioning systems (GPS)<\/strong>: GPS tracking uses satellites and cellular networks to monitor asset location over long distances. This technology is ideal for mobile assets that move between sites or travel across regions, such as vehicles or heavy equipment.<\/li>\n\n\n\n<li><strong>Bluetooth low energy (BLE)<\/strong>: BLE tracking uses low-power Bluetooth signals to identify asset location within a limited range, often indoors. It\u2019s ideal for short-range tracking in controlled spaces like hospitals or offices, where general visibility is sufficient.<\/li>\n<\/ul>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Top fixed asset management strategies<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>No organization can afford to manage their fixed assets based on spreadsheets and assumptions. Download our guide for best-in-class fixed asset management strategies to help you track, maintain, and depreciate your assets properly.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-1b39cfd3-e08b-4476-b865-537798c86fb8\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download guide<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1064\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2019\/03\/GettyImages-610219284-1064x810.jpg\" class=\"single-cta__image\" alt=\"Woman in business suit in warehouse\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2019\/03\/GettyImages-610219284-1064x810.jpg 1064w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-benefits-and-features-of-asset-tracking-software\">Key benefits and features of asset tracking software<\/h2>\n\n\n\n<p>Starting and maintaining a business requires a lot of capital investment. And while there are steps you can take to protect these investments, few are as effective as implementing advanced asset tracking software.<\/p>\n\n\n\n<p>Take the <a href=\"https:\/\/www.sage.com\/en-us\/blog\/fixed-asset-tracking-software-construction-teams\/\" target=\"_blank\" rel=\"noreferrer noopener\">construction industry<\/a>, for example. Construction companies rely on expensive tools, vehicles, and equipment that constantly move between job sites. Without clear, up-to-date, tracking records, these high-value assets can be easily misplaced, underutilized, or even stolen. The National Insurance Crime Bureau reports that <a href=\"https:\/\/www.nicb.org\/sites\/files\/2017-10\/CommercialHE.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">1,000+ pieces of commercial equipment are reported stolen each month<\/a> in the US.<\/p>\n\n\n\n<p>Asset tracking software helps construction teams know exactly where their equipment is, who\u2019s using it, and when maintenance is needed. How are these systems capable of such high functionality, you ask? It\u2019s all comes down to the following features:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-real-time-tracking-and-visibility\">Real-time tracking and visibility<\/h3>\n\n\n\n<p>Real-time tracking and visibility are core advantages of automated asset tracking. These capabilities allow users to quickly locate assets, monitor movement, and maintain up-to-date records, reducing time spent searching for equipment and tracking asset history. This level of visibility is especially valuable for organizations with multiple locations or departments, like construction firms or <a href=\"https:\/\/www.sage.com\/en-us\/blog\/restaurant-franchise-reporting-requirements\/\" target=\"_blank\" rel=\"noreferrer noopener\">restaurant franchises<\/a>, where assets are spread out or constantly on the move.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-audit-trails\">Audit trails<\/h3>\n\n\n\n<p>Audits are conducted across nearly all industries to verify financial accuracy, ensure compliance with state and federal mandates, and overall assess a company\u2019s integrity and truthfulness. When compiling an audit trail, companies essentially gear up for these evaluations, collecting detailed records of all asset-related activities, including <a href=\"https:\/\/www.sage.com\/en-us\/blog\/fixed-assets-in-ma-untangling-the-stock-vs-asset-purchase-impact\/\" target=\"_blank\" rel=\"noreferrer noopener\">acquisitions<\/a>, transfers, maintenance, etc.<\/p>\n\n\n\n<p>Asset tracking software makes it significantly easier to trace your audit trail. Rather than searching through file cabinets or crowded desktop folders, you can effortlessly locate important documentation like timestamps and maintenance records. This overall mitigates the stress of compliance audits and helps you keep better track of asset history.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-integration-with-other-systems\">Integration with other systems<\/h3>\n\n\n\n<p>Integration is one of the greatest advantages of automating asset tracking. Advanced asset tracking software tools, like <a href=\"https:\/\/www.sage.com\/en-us\/products\/sage-fixed-assets\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sage Fixed Assets<\/a>, seamlessly integrate with ERP and other account solutions systems. That way, both systems can work together to synchronize data and ensure consistency and accuracy across the board.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-mobile-compatibility\">Mobile compatibility<\/h3>\n\n\n\n<p>Whether it be construction job sites or hospital campuses, most industries don\u2019t confine assets to one place. That\u2019s why mobile compatibility is at the forefront of modern asset tracking systems. With a smartphone or tablet, users can scan, update, and verify assets in real time, streamlining inventory checks and freeing up valuable time for busy business owners.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-automated-alerts-and-reminders\">Automated alerts and reminders<\/h3>\n\n\n\n<p>We\u2019ve all been in situations where a timely alert saves us from overlooking an important task or event, whether it\u2019s an upcoming doctor\u2019s appointment or a relative\u2019s birthday. From a business lens, alerts are just as valuable, which is why they play a key role in modern asset tracking systems.<\/p>\n\n\n\n<p>Advanced asset tracking tools notify users about important to-dos, such as maintenance repairs, inspections, or renewals. These reminders make it easier to increase your assets\u2019 longevity, flag unusual activity, and prevent unexpected project delays.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-reporting-and-analytics\">Reporting and analytics<\/h3>\n\n\n\n<p>While spreadsheets are useful for collecting data, they fall short when it comes to navigable displays and reporting tools. Asset tracking software, in contrast, provides user-friendly dashboards and analytics to evaluate asset performance, costs, and utilization trends. These insights, unlike scrambled numbers on a spreadsheet, allow for data-driven decisions about asset investments, supporting better budgeting, forecasting, and long-term planning.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-asset-tracking-by-industry\">Asset tracking by industry<\/h2>\n\n\n\n<p>Asset tracking plays a key role in efficiency and precision across industries. From healthcare to hospitality, all sectors can utilize asset tracking software to gain real-time insights on their investments.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-healthcare\">Healthcare<\/h3>\n\n\n\n<p><a href=\"https:\/\/www.sage.com\/en-us\/blog\/hospital-asset-tracking-software-healthcare-fixed-asset-accounting\/\" target=\"_blank\" rel=\"noreferrer noopener\">Hospitals and healthcare organizations<\/a> are a under a magnifying glass when it comes to finances, compliance, and performance. Asset tracking software makes it easier to meet high expectations, improving audit readiness, accuracy, and equipment availability for patient care.<\/p>\n\n\n\n<p>Hospitals commonly use barcode-based and RFID systems to tag and track medical equipment across departments. These technologies support better patient care and, most notably, asset loss, which historically has been an ongoing challenge in healthcare. <a href=\"https:\/\/www.nbcbayarea.com\/news\/local\/santa-clara-valley-medical-center-missing-equipment-taxpayers-money\/123864\/\" target=\"_blank\" rel=\"noreferrer noopener\">Real-world cases<\/a> have shown that without proper tracking systems in place, hospitals can struggle to account for critical medical equipment, reinforcing the need for accurate, up-to-date asset management.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-manufacturing\">Manufacturing<\/h3>\n\n\n\n<p>Manufacturing environments demand precision, oversight, and automation to adequately track high-value investments like machinery, vehicles, and tools. Between constant asset relocation, equipment upgrades, and stringent federal standards (ex. <a href=\"https:\/\/www.sage.com\/en-us\/blog\/fixed-asset-management-in-manufacturing-navigating-the-post-obbba-era\/\" target=\"_blank\" rel=\"noreferrer noopener\">OBBBA<\/a>), accurate asset tracking systems, like barcodes or RFID systems, are crucial for scalability and regulatory compliance.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-education\">Education<\/h3>\n\n\n\n<p><a href=\"https:\/\/www.sage.com\/en-us\/blog\/school-asset-tracking-software\/\" target=\"_blank\" rel=\"noreferrer noopener\">Educational institutions<\/a> rely on asset tracking systems to monitor high-value equipment like laptops, tablets, printers, and lab tools. Technologies like barcodes and RFID systems indicate where these assets are, who\u2019s using them, and when maintenance or replacements are needed. As result, students, faculty, and other stakeholders can experience better inventory management, and, most importantly, uninterrupted learning.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-construction\">Construction<\/h3>\n\n\n\n<p>Like the aforementioned industries, <a href=\"https:\/\/www.sage.com\/en-us\/blog\/fixed-asset-tracking-software-construction-teams\/\" target=\"_blank\" rel=\"noreferrer noopener\">construction<\/a> involves a lot of moving parts that require accurate and consistent asset tracking. Many of these \u201cmoving parts\u201d represent significant capital investments (think heavy machinery, power tools, and vehicles), making it especially important to monitor and keep track of their location and usage with technologies like GPS, barcodes, or RFID tags.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-retail\">Retail<\/h3>\n\n\n\n<p><a href=\"https:\/\/www.sage.com\/en-us\/blog\/industry\/retail\/page\/3\/\" target=\"_blank\" rel=\"noreferrer noopener\">Retailers<\/a> manage large volumes of assets across stores, warehouses, and distribution centers. Asset tracking software allows these entities to collect real-time inventory data, helping prevent stock discrepancies, loss, and overordering. With tools like barcodes and RFID, retailers can improve inventory accuracy and ensure assets are available where and when they\u2019re needed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-hospitality\">Hospitality<\/h3>\n\n\n\n<p>The <a href=\"https:\/\/www.sage.com\/en-us\/blog\/restaurant-lodging-franchisees-multi-brand-strategies\/\" target=\"_blank\" rel=\"noreferrer noopener\">hospitality industry<\/a> relies on assets like kitchen equipment, furniture, linens, electronics, and maintenance tools. Asset tracking systems help hospitality organizations monitor these assets, collecting relevant data on location, condition, and usage across properties or locations. This visibility supports smoother operations, timely maintenance, and quality guest experiences.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-the-best-asset-tracking-software\">What is the best asset tracking software?<\/h2>\n\n\n\n<p>While it\u2019s easy to move on from spreadsheets and other tedious tracking methods, it\u2019s harder to decide what comes next for your business. Advanced asset software like <a href=\"https:\/\/www.sage.com\/en-us\/products\/sage-fixed-assets\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sage Fixed Assets<\/a> simplifies this transition, helping you manage your investments from acquisition to disposal.<\/p>\n\n\n\n<p>Whether tracking heavy construction machinery or school textbooks and tablets, Sage Fixed Assets helps organizations maintain visibility throughout asset lifecycles, meet compliance expectations on state and federal levels, and accurately track costs within a single system.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.sage.com\/en-us\/products\/sage-fixed-assets\/\" target=\"_blank\" rel=\"noreferrer noopener\">Take an interactive product tour<\/a> today, and see first-hand how Sage Fixed Assets can streamline asset tracking and management from start to finish.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-takeaways\"><strong>Key takeaways<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Asset tracking software helps businesses monitor, manage, and protect physical assets by providing real-time visibility into location, usage, and maintenance.<\/li>\n\n\n\n<li>Compared to spreadsheets, automated asset tracking improves accuracy, scalability, compliance, and operational efficiency across teams and locations.<\/li>\n\n\n\n<li>Different tracking technologies, such as barcodes, RFID, GPS, and BLE, support different asset types, environments, and business needs.<\/li>\n\n\n\n<li>Industries like healthcare, manufacturing, education, retail, hospitality, and construction rely on asset tracking software to reduce loss, meet compliance requirements, and maximize asset value.<\/li>\n<\/ul>\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Subscribe to our Sage Advice Newsletter<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Get our latest business advice delivered directly to your inbox.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-ab515c6e-7e90-4c2f-a67e-113872516e8b\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Subscribe<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg\" class=\"single-cta__image\" alt=\"Working from home with tea in hand\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n<section class=\"more-topics alignfull has-grey-light-background-color wp-block-sage-post-topics\">\n\t<div class=\"container\">\n\t\t<div class=\"row\">\n\t\t\t<div class=\"col col-12 col-lg-4\">\n\t\t\t\t<h3 class=\"more-topics__title h2\">Browse more topics from this article<\/h3>\n\t\t\t<\/div>\n\t\t\t<div class=\"col col-12 col-lg-8\">\n\t\t\t\t<ul class=\"post-tags__list\">\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/automation\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tAutomation\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/fixed-assets\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tFixed Assets\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/inventory-management\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tInventory management\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/staying-competitive\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tStay competitive\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/technology\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tTechnology\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n<div class=\"alignfull wp-block-sage-related-posts\">\n\t<section class=\"related-posts card-grid has-dark-background-color\">\n\t<div class=\"container\">\n\t\t\t\t\t<div class=\"row\">\n\t\t\t\t<div class=\"col\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--featured h1\">Explore more wisdom<\/h2>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"row related-posts__featured\">\n\t\t\t\t<div class=\"col card-grid__item\">\n\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-0 post-30699 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy-legal-operations tag-automation tag-digital-transformation tag-erp tag-inventory-management tag-supply-chain-management business_type-small-business business_type-growing-business card-post--is-clickable\"\n>\n\t<div class=\"card-post__media-wrapper\">\n\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1355438061-1440x810.jpg\" class=\"card-post__image\" alt=\"Lady carrying cartons\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1355438061-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1355438061-768x432.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1355438061-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\t<\/div>\n\n\t<div class=\"card-post__content\">\n\t\t\t\t\t<div class=\"card-post__label\">Recommended<\/div>\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-06-11T08:52:26-04:00\">June 11, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">13 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h3\">\n\t\t\t\t\t\t\t<a\n\t\t\t\t\tclass=\"card-post__title-link\"\n\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/what-is-order-management\/\"\n\t\t\t\t>\n\t\t\t\n\t\t\tWhat is order management?\u00a0\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\n\t\t\n\t\t\t\t\t<p class=\"card-post__description\">\n\t\t\t\tCustomer order management is an essential cog in the machine for any business that sells products. Learn about the order management process and how it can help you streamline operations and boost customer satisfaction.\t\t\t<\/p>\n\t\t\n\t\t\t<\/div>\n\n\t<\/article>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\n\t\t\t\t\t<div class=\"row related-posts__non-featured\">\n\t\t\t\t<div class=\"col col-12\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--more h4\">More on this Topic<\/h2>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-1 post-29310 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy-legal-operations category-technology-innovation tag-artificial-intelligence tag-automation tag-boss-your-business tag-cash-flow tag-cloud-financial-management tag-sage-accounting business_type-small-business business_type-growing-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/order-to-cash-process-otc-o2c\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1190223207-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1190223207-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1190223207-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1190223207-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-06-10T12:23:35-04:00\">June 10, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">12 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tWhat is the Order to Cash process?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-2 post-29062 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy-legal-operations tag-boss-your-business tag-business-intelligence tag-growing-a-business tag-inventory-management tag-productivity tag-staying-competitive tag-supply-chain-management business_type-small-business business_type-growing-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/what-is-an-order-management-system-oms\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1417607997-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1417607997-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1417607997-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1417607997-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-06-10T10:25:03-04:00\">June 10, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">19 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tWhat is an order management system?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-3 post-28210 post type-post status-publish format-standard has-post-thumbnail hentry category-growth-customers category-strategy-legal-operations tag-boss-your-business tag-business-intelligence tag-business-strategy tag-distribution tag-growing-a-business tag-inventory-management tag-productivity tag-supply-chain-management business_type-small-business business_type-growing-business industry-distribution industry-wholesale-distribution\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/what-is-order-processing\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-841574854-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-841574854-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-841574854-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-841574854-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-06-02T11:22:21-04:00\">June 2, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">19 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tOrder processing explained: Steps, systems and best practices\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-4 post-36557 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters category-strategy-legal-operations tag-accounting-101 tag-boss-your-business tag-business-strategy tag-cash-flow tag-cloud-financial-management tag-cloud-technology tag-growing-a-business tag-sage-accounting tag-small-business tag-starting-a-business tag-technology business_type-small-business business_type-growing-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/cloud-vs-desktop-accounting\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1338373163-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1338373163-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1338373163-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1338373163-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-05-20T07:46:54-04:00\">May 20, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">9 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tCloud versus desktop accounting: Which is right for you?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Discover the different types of asset tracking technologies, how they\u2019re used across different industries, and why Sage Fixed Assets is a leading solution for managing assets efficiently and accurately. 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