Asset Panda
145 Case Studies
A Asset Panda Case Study
Fort Worth Community Credit Union, a Bedford, Texas–based institution serving multiple counties with six offices, 11 branches and dozens of ATMs, was bogged down by paper forms and Excel spreadsheets for asset transfers. Missing or unsubmitted transfer forms made it impossible to track equipment across locations and forced staff into lengthy manual reconciliations that once added up to an extra month of work.
After adopting Asset Panda (customer since June 2016), the credit union implemented mobile audits, cloud-based multi-location tracking, barcode scanning, customized reporting, inventory management and depreciation tracking. The intuitive mobile and desktop apps and responsive support eliminated paperwork, delivered real-time visibility, made transfers instant and accurate, and saved staff about an hour a day while removing the prior month-long reconciliation burden.
David Chambers
Staff Accountant