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Why Everything Should Be in ToolWorks

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When you think of asset management software, you might assume it's built for one specific item group like construction equipment or IT devices. It's easy to fall into this way of thinking, especially when many asset management solutions on the market cater to specific items or industries. However, there's one truly customizable software that allows you to easily manage various types of assets all in one platform: ToolWorks.

Let's explore some common use cases ToolWorks supports and why putting everything in ToolWorks is crucial for your business.

3 Common Types of Assets to Track

1. Tools & Equipment

Companies in construction, utilities, and energy industries rely on heavy equipment and small tools that travel between various job sites and warehouses. Given the high value and frequent location changes of these assets, it's essential to properly track, audit, and maintain them. ToolWorks offers:

  • Real-time tracking of tool locations and user assignments
  • Prevention of loss or theft
  • Easy auditing and maintenance scheduling
  • Unlimited user accounts for field employees
  • Mobile app for on-site management

Success Story: A major Construction Co. saves about two hours per day on asset tracking using ToolWorks's mobile app.

2. IT Devices

Regardless of your industry, you likely have IT assets to manage. From laptops to mobile devices, ToolWorks helps you monitor various aspects of your IT inventory:

  • Device locations and assignments
  • Condition monitoring
  • Usage optimization
  • Proactive maintenance scheduling

By centralizing this information, you can extend the lifespan of your IT devices, save money, and plan for future purchases more effectively.

Success Story: A property management firm saves around 3 hours each week after switching from manual tracking to ToolWorks.

3. Facilities

For companies with multiple offices or educational institutions with various buildings, ToolWorks offers comprehensive facilities management:

  • Track fixed assets across locations
  • Manage reservations for rooms and spaces
  • Monitor and schedule maintenance for building equipment
  • Streamline maintenance staff workflows

Success Story: A mid-tier contractor saves over 28 hours per week using ToolWorks as their asset management platform.

Key Features That Make ToolWorks Stand Out

Centralized Asset Catalog

ToolWorks provides a virtual hub where every tool within your organization is meticulously cataloged and easily accessible. This centralization allows you to gain insights, track assignments, and make informed decisions with just a few clicks.

Multiple Stores + Transfers

With hierarchical store locations, ToolWorks lets you model real-world scenarios and effortlessly transfer tools between stores, ensuring efficient inventory utilization and seamless operations.

RFID and GPS Tracking

ToolWorks supports both RFID and GPS tracking, allowing you to keep tabs on your assets using the latest technology:

  • RFID Tracking: Use smartphones to read RFID tags for flexible, on-the-go asset tracking.
  • GPS Tool Tracking: Harness GPS technology for accurate location data, streamlining tool management and minimizing losses.

Snap To Add

This innovative feature uses AI vision technology to streamline the process of adding tools to your inventory. Simply take a photo of your tool, and ToolWorks automatically extracts and inputs all necessary information, making tool management faster and more efficient.

Kiosk Mode for Self-Service

Run your tool room on auto-pilot with ToolWorks Kiosk Mode. This feature enables employees to self-checkout and check-in tools, streamlining operations and allowing your tool room to run 24/7.

More Than Just Asset Tracking

While ToolWorks excels at managing tools, equipment, IT devices, and facilities, its flexibility extends far beyond these categories. Whether you need to manage construction tools, IT hardware, educational equipment, or even healthcare devices, ToolWorks’s robust features cater to all types of assets.

Why Everything Should Be in ToolWorks

  1. Unified Platform: By centralizing all your asset data in ToolWorks, you create a single source of truth for your entire organization.

  2. Improved Efficiency: Streamline workflows across departments by having all asset information in one place.

  3. Cost Savings: Better asset utilization and reduced losses lead to significant cost savings over time.

  4. Scalability: As your business grows, ToolWorks grows with you, accommodating new asset types and increased volume.

  5. Data-Driven Decisions: With comprehensive asset data at your fingertips, make informed decisions about purchases, maintenance, and resource allocation.

  6. Enhanced Accountability: Real-time tracking and accurate reporting provide complete visibility over your asset inventory.

Conclusion

These are just a few examples of the many asset tracking scenarios that ToolWorks supports. Whether all of these apply to your organization or you have even more unique needs, it's essential to track and manage everything in one centralized platform.

ToolWorks allows you to build instances for your different use cases or departments all under one umbrella. When you centralize all your asset data in ToolWorks, you'll streamline workflows, boost efficiency, and, most importantly, save money!

Ready to see how ToolWorks can help you work smarter? Start today and take the first step towards total control over your tool inventory.

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