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Equipment Depreciation: What You Need to Know

Equipment Depreciation: What You Need to Know

by todd | Mar 10, 2025 | 1-Tool & Equipment Asset Tracking

Key Takeaways: Depreciation impacts equipment resale value and tax liabilities. Major equipment upgrades can extend equipment life and adjust depreciation. Leasing offers flexibility but requires careful financial planning. Tracking depreciation ensures accurate...
5 Mistakes Companies Make When Deploying Fleet Management Software

5 Mistakes Companies Make When Deploying Fleet Management Software

by todd | Mar 5, 2025 | 1-Tool & Equipment Asset Tracking

Key Takeaways: Implementing software without clear goals leads to inefficiency and wasted resources. Disconnected software creates extra work, slows operations, and increases errors. Employees need structured, hands-on training and ongoing support to maximize software...
Web-Based Asset Management Software: A Quick Guide

Web-Based Asset Management Software: A Quick Guide

by todd | Mar 4, 2025 | 1-Tool & Equipment Asset Tracking

Key Takeaways: Contractors lose up to 90 hours per month tracking tools. 31% of construction projects face delays due to theft. 60% of employees struggle with new software due to poor training. Web-based asset management software cuts search times and improves...
How Does Real-Time Locating System Work

How Does Real-Time Locating System Work

by todd | Mar 3, 2025 | 1-Tool & Equipment Asset Tracking

Real-Time Locating Systems (RTLS) pinpoint the location and movement of assets, equipment, and personnel, offering unmatched potential to boost operational efficiency and cut costs. With the RTLS market projected to reach $30.43 billion by 2032, understanding these...
4 Use Cases for Real-Time Locating Systems

4 Use Cases for Real-Time Locating Systems

by todd | Feb 28, 2025 | 1-Tool & Equipment Asset Tracking

Key Takeaways: Real-time locating system alerts help prevent safety incidents and protect both assets and workers on construction sites. Nearly half of supply chain professionals consider real-time inventory visibility crucial—RTLS delivers the data they need. RTLS...
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