ASSET COMPLIANCE TRACKING SOFTWARE

Manage Asset Audit Compliance Using RedBeam Reporting

Ensure compliance and reduce the risk of costly penalties with RedBeam Asset Tracking software. RedBeam enables accurate and efficient asset inventories with real time, easy reporting – so you’re always audit-ready.

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Track Your Assets with Built-in Compliance Support

Trusting your organization’s ability to maintain asset audit compliance to spreadsheets can be a dicey proposition – one that’s more complex, time-consuming, and expensive than it should be. Spreadsheets and other manual processes lack accuracy, create inefficiencies, and are far more likely to leave you non-compliant.

RedBeam’s asset compliance tracking system offers a powerful alternative:

True asset inventory visibility – Account for every asset in real-time, prior to an inspection, and avoid penalties for missing or misreported assets.
Best practice reporting – Generate automated logs aligned to GASB 34 and other reporting requirements, ensuring high accuracy at a low cost.
Easy deployment – Use the hardware you already have, from PCs to smartphones – no new devices required.
Seamless system integration – Let it be your standalone system of record or to integrate with your back office systems.

Woman using a tablet in an office, with digital alerts for report generation and missing asset data.

Import assets with full audit context

Easily import asset data to create comprehensive records that include things like acquisition dates, depreciation details, and compliance statuses. Maintain a full audit trail by capturing last known location and assigned custodian.

ID your assets & inventory locations

Attach barcode labels or RFID tags to your fixed assets to enable efficient tracking, and then designate all the locations where it’s operationally feasible for those assets to be inventoried.

Take physical inventory counts

Conduct audits as needed. This can be done multiple ways, including by:

A single user with a PC and barcode scanner;
Multiple users across different locations with their own mobile phones; and/or
Multiple users with mobile computers.

RedBeam will flag any missing assets so you can either act quickly to locate them or designate them as losses for reporting.

Create audit reports

Run compliance asset tracking reports directly from RedBeam. Bulk export your audit data for internal use, or use our APIs to integrate the system with your financial reporting systems to demonstrate full audit readiness.

COMPLIANCE ASSET TRACKING FOR ALL

Meet Industry Requirements with RedBeam

Modern office desk with a monitor, keyboard, glass of water, notebook, and pen in a bright workspace.

Woman in medical scrubs and mask operates equipment in a laboratory setting.

Man in safety gear inspects machinery while checking a tablet in an industrial setting.

Ensure audit accountability

As public service organizations, government agencies are required to account transparently for how they manage a broad mix of fixed assets – including fleet vehicles, IT equipment, office furniture, and even art. With frequent relocations creating risks of misplacement or loss, tracking these items with RedBeam helps ensure compliance with regulations like GASB 34.

Enhance visibility – Access real-time updates on assets to ensure critical items and equipment can be located at any time.
Improve security – Protect asset data and restrict unauthorized access with role-based permissions.
Show compliance readiness – Use accurate, automatically generated asset activity logs to prep for annual audits without last-minute reconciliations.

Explore tracking solutions for Government

Medical equipment compliance

Keeping medical devices like ventilators and infusion pumps well maintained is a critical part of healthcare safety. It’s also a standard of excellence that organizations applying for accreditation by The Joint Commission must demonstrate they comply with. RedBeam Asset Tracking helps hospitals and other healthcare providers do precisely that.

Offer proactive maintenance – Use asset activity logs and condition notes to stay ahead of repairs and reduce downtime.
Document regulatory compliance – Provide service history records for audits by The Joint Commission, FDA, and other health authorities.
Track devices for better care – Demonstrate your ability to locate and redistribute essential devices as needed without compromising patient outcomes.

Explore tracking solutions for Healthcare

Disaster preparedness audits

There’s no room for error in emergency planning at energy and utility companies. Locating and tracking emergency assets like backup generators and tools is nonnegotiable for rapid response. RedBeam helps provide identification and other capabilities you need to meet things like NRC 10 CFR Part 50 and FEMA requirements.

Centralized asset visibility – Maintain a real-time view of emergency resources across multiple sites.
Faster deployment times – Locate and deploy critical assets instantly to reduce downtime during outages.
Regulatory-ready documentation – Maintain asset records aligned with NRC FEMA disaster preparedness audits and DOE operational asset tracking requirements.

Explore RedBeam Asset Tracking

Asset Compliance Tracking Software FAQs

How does RedBeam Asset Tracking improve audit accuracy?

RedBeam improves audit accuracy by automating the data entry part of taking physical asset audits. By using barcode scanning instead of manual data entry, our software reduces opportunities for errors to be introduced, giving you more precise asset records.

What regulations does RedBeam Asset Tracking help with?

Our software supports your ability to comply with any regulation that requires you to provide accurate asset identification, location, or activity records. Just a few examples include:

Governmental Accounting Standards Board (GASB) 34 – Requires state and local governments to report the value of their capital assets and infrastructure on their financial statements
Sarbanes-Oxley Act – Requires accurate financial reporting, which includes proper asset management and tracking
GDPR – Mandates protection of personal data, which can include proper management of IT assets containing such data
FERC and NERC regulations – Applies to energy sector companies for managing critical infrastructure assets
Joint Commission (TJC) Standards – Demands 100% compliance with preventive maintenance schedules for medical devices
EPA Risk Management Plan (RMP) Rule (40 CFR Part 68) – Requires tracking of chemical storage assets

Talk to us about your specific asset tracking compliance requirements. We can help.

Is RedBeam Asset Tracking suitable for multi-location audits?

Yes. RedBeam is designed to manage asset inventories across disparate sites, allowing for real-time updates and visibility organization-wide.

Does RedBeam require a mobile device for tracking?

No, when it comes to devices, our system is flexible. RedBeam can be –

operated using a PC for manual data entry; or
paired with a wedge scanner for PC-based scanning.

While RedBeam does not require a mobile device, our customers find mobile scanning to be much more flexible, accurate, efficient, and worth the cost of investment in mobile computing technology.

How quickly can we deploy Asset Tracking?

Most organizations are able to start tracking their assets in less than a day, using our intuitive setup and minimal training to really get going.

ASSET COMPLIANCE TRACKING SOFTWARE

Manage Asset Audit Compliance Using RedBeam Reporting

Track Your Assets with Built-in Compliance Support

RedBeam’s asset compliance tracking system offers a powerful alternative:

Take a Look at RedBeam Inventory Reports

How RedBeam Streamlines Asset Compliance in Four Steps

Import assets with full audit context

ID your assets & inventory locations

Take physical inventory counts

Create audit reports

Meet Industry Requirements with RedBeam

Government

Healthcare

Energy & Utilities

Ensure audit accountability

Medical equipment compliance

Disaster preparedness audits

As a loyal RedBeam client, I appreciate how the software enables my company to effortlessly locate asset items, facilitating efficient reviews for depreciation considerations and evaluations of end-of-life equipment.

Gail N.

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