Asset tracking software: knowing where the equipment actually is
Asset tracking software records what you own, where it is and who has it, using barcodes, QR or tags. What to track, which identification method fits, and how to keep the data from rotting.
MI
Maria I.Oct 1, 2026 · 3 min read
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How-toA
Asset tracking software answers a question that sounds trivial until somebody asks it: where is this item, and who has it. Most organisations can produce a list of what they bought and a figure for what it is worth, and cannot say which van the thermal camera is in. The gap matters because items that cannot be located get bought twice, and because an asset nobody is accountable for is the one that disappears.
What asset tracking software must do
A unique identifier per item, physically attached and readable when the label is dirty.
Check-out and check-in to a person, vehicle or site, with a timestamp.
Location history, so the last known holder is always answerable.
Condition and service records against the item, including calibration where it applies.
Scanning from a phone, because a process that needs a dedicated reader stops being followed.
Bulk audit mode: walk a room, scan everything, see what is missing or unexpected.
Disposal recorded as an event rather than as a deletion, so the history survives.
Assignment to a cost centre, which is what makes the data interesting to finance.
Choosing the identification method
Barcodes and QR codes are cheap, work with any phone and need line of sight — right for tools, laptops and instruments. Passive RFID allows reading many items at once without aiming, which pays off for bulk audits of hundreds of items in a room, at the cost of readers and tag tuning. Active tags and GPS report position continuously and suit high-value mobile plant. Most organisations need the cheapest option applied consistently rather than the most capable one applied to a third of the estate.
The data rots at handover, not at purchase. Build the check-in step into leaving a site or ending a shift, otherwise the register describes where things were three months ago and people stop believing it within a quarter.
Starting properly
Decide the threshold for what gets tracked — by value, by mobility or by consequence of loss.
Do one physical count before importing anything; the list you have is wrong in both directions.
Label as you count, and photograph each item as you label it.
Name an accountable owner per item, not per category.
Make check-out mandatory for the small number of items that actually walk.
Re-audit on a cycle — quarterly for mobile tools, annually for fixed equipment — and report the variance.
Ettex Records holds this as one table: item, identifier, category, owner, current holder, location, condition and service dates, with photos attached and a movement log per item. Pairing it with the accounting view in an asset register gives both answers — what it is worth and where it is — without maintaining the same list twice.
Frequently asked
What is the difference between asset tracking and asset management?
Tracking is about location, custody and condition. Management is broader and includes acquisition, depreciation, maintenance strategy and disposal. Tracking is usually the part that is missing.
Is RFID worth it over barcodes?
Only when you need to read many items at once without aiming, typically for large bulk audits. For tool and laptop tracking, phone-scanned QR codes cost almost nothing and get used.
How often should assets be audited?
Quarterly for items that move between people and sites, annually for fixed equipment. The useful output is the variance report, not the completed count.
MI
Written by Maria I.
Part of the Ettex team — writing about product, engineering and the future of work.