Asset tracking is a crucial component of asset management, and there are numerous technologies available to carry it out. Utilizing asset tracking software is a popular technique since it enables companies to keep track of their assets using tools like barcode or QR code scanning, GPS tracking, and customizable fields. An additional strategy is utilizing RFID (Radio Frequency Identification) technology, which tracks assets using radio waves and offers real-time visibility. The choice of asset monitoring software will ultimately depend on the needs and demands of the company.