Banque Libano-Francaise (BLF), a Middle Eastern bank, is using asset tracking software with RFID technology by ASAP Systems to inventory thousands of fixed assets.
The bank replaced its previous bar code solution with RFID-enabled asset tracking software technology, which is now tracking more than 500 fixed assets – such as furniture, IT equipment and more – at its fifty branches throughout Lebanon.
With ASAP Systems’ RFID software, BLF is able to perform a detailed, accurate inventory of all fixed assets at each of its branches in just one day without disturbing the employees and the customers.
Bank personnel can simply walk into any room in a branch and scan for all items the organization is tracking. Employees can generate an on-site discrepancy report between the previous inventory and current one and easily share information by exporting reports to management and internal auditors.
The bank is one of three major Middle Eastern banks that have implemented ASAP Systems’ solutions within the last year to reduce labor costs, losses and thefts and gain greater awareness of fixed assets.