ASAP Systems Reveals Stock-to-Asset Feature for BarCloud— the Comprehensive Cloud-Based System for Both Inventory and Asset Management

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ASAP Systems introduces a new functionality that effectively closes the gap between inventory management and asset management in its cloud-based system, BarCloud.

Stock-to-Asset Functionality

Stock-to-Asset Functionality

ASAP Systems has architected another functionality that delivers simplified, operationally efficient solutions for performing inventory and asset management in one system

ASAP Systems, a leading online inventory and asset management system 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.

BarCloud’s latest enhancement helps 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.

For more information on the Stock-to-Asset feature please visit http://www.asapsystems.com/barcloud.

About BarCloud

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

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