What users are saying about
5 Ratings
5 Ratings
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Score 10 out of 101
1 Ratings
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Score 1 out of 101

Likelihood to Recommend

Asset Panda

Asset Panda I believe is well suited for even the smallest environment. The pricing for the software is very competitive and worth the value that it brings to solve a lot of problems that normally a lot of companies run into regarding inventory. This product has helped us save money on keeping track of assets that may of otherwise gotten lost and written out. We now know where everything is.
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BarCloud Stock

I do not see how this is suited for anyone needing to track inventory coming in and going out. FIFO is completely unusable because the system can handle price changes from suppliers. The price change is applied to all past sales orders and items even if they are no longer in stock. In the Con examples I gave [below] you can see how many problems we have had with this system.
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Pros

Asset Panda

  • It is great for a non profit organization because you can add any columns you need to the asset. For example, I have added a funding source column to sort different grants that have paid for our assets.
  • Asset Panda provides the depreciation calculation for you.
  • The software is easy to maneuver. It can be easily searched and sorted by type of asset/date or any category you create.
  • You can add and track non depreciable items as well. Reports can be ran for just depreciable assets when needed so this will not interfere with you depreciable asset listing.
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BarCloud Stock

  • Barcloud is really easy to use from multiple locations with multiple login potential.
  • Allows outlying locations to see what we have in stock without seeing in person.
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Cons

Asset Panda

  • Time-out settings on the website should be increased.
  • Image structure on the way they organized photos could be improved.
  • Barcode scanner on a mobile device could be improved.
  • Photo editor could be improved.
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BarCloud Stock

  • The sales orders get "lost" in the system. This makes it so we are unable to issue them to take the items out of stock.
  • The FIFO option does not work and has never worked in the year we have used the program.
  • When price changes occur the system changes all the past sales orders to reflect the price change. this makes balancing the $ of inventory a nightmare.
  • Items that have issued before become unavailable to issue because of system hiccups.
  • The inventory count never matches the physical count because of system hiccups with issuing items.
  • System unusable for tracking actual inventory counts.
  • If the item has to be moved to a different inventory location (shelf change) the system crashes and deletes the entire history of the product.
  • Customer Service for BarCloud is left to be desired. They take weeks to get back to you about a problem and even then their answer is always we are not sure why the system it is doing that.
  • The price is unimaginably high for the product service and problems that the system has.
  • All of our Sales orders from 2016 to now have been undone. This caused us to show in BarCloud that our stock contains everything we ordered for the entire year and we have sold $0.
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Alternatives Considered

Asset Panda

Asset Panda is great for fixed assets or small businesses. I have also used inventory in a retail environment where product coming in and out need to be tracked. I wouldn't recommend it for an extremely high volume business.
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BarCloud Stock

No answers on this topic

Return on Investment

Asset Panda

  • Inventory now has RBAC.
  • Inventory is easily kept up to date with annual verification buttons.
  • Inventory can now use labels and gun scanners for easy reconciliation.
  • Inventory can be searched using any field.
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BarCloud Stock

  • We have had 0 return on investment and we are currently switching to a different inventory system. BarCloud has caused us to lose money from all the hours we have had to spend fixing the inventory count and having to do physical counts every week to know what we actually have on hand.
  • Caused more headaches than help.
  • Positive point: We learned that the more expensive system that is web based does not mean they are a better program or will have better customer service.
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Pricing Details

Asset Panda

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

BarCloud Stock

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

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