Every organisation has a major part of its investment in infrastructure and assets procured for the functioning of the organisation. Asset management or call it asset tracker is the method used to keep a track of all of your physical assets using their barcode labels, GPS or RFID tags, in order to know the know-how of your investment. Asset management is just as vital an activity as inventory management. Asset tracking is just as important as managing your inventory management, as any sort of negligence can cause large losses. Asset tracking involves knowing the status, assignee details, location, maintenance schedule etc. Tracking your assets also involves maintenance and regular check-ups on the assets. All of these activities can also be handled through spreadsheets but only up to a certain extent. Automating your systems will help make your processes more streamlined and without any hurdles. Asset tracking is critical to your institution’s bottom line compliance, as all of the employees should be responsible for their devices and credible to replace misplaced physical assets, also be able to track the assets that have come to the end of their lifecycle.