1. Inventory tracking capabilities: A robust system that accurately monitors the movement of each item within the inventory, from procurement to usage. 2. User Access Controls: Role based access to ensure that only authorized personnel can perform specific actions within the system, enhancing security. 3. Barcode, QR code or Radio Frequency Identification (RFID) Integration: Integration with these technologies simplifies data entry and accelerated inventory transactions, minimizing manual errors. 4. Reporting and Analytics Features: Advanced reporting tools help in analyzing inventory trends, optimizing stock levels, and making informed decisions. 5. System Scalability: The ability to accommodate increased inventory volumes as the business grows is vital to prevent outgrowing the system. 6. Bulk Upload: Historical information and upload of multiple new assets via Excel spreadsheet or other file formats. 7. Reconciliation: Report-capture these reports on frequency. 8. Upload Attachments: Ability to upload pictures of assets along the life cycle. 9. Export: Ability to export data to Excel, PDF or other formats. 10. Single Sign On: Single Sign On compatibility with Microsoft or multi-factor authentication. 11. Multiple Internet Browser Compatibility 12. Additional features that would enhance the overall tool and platform.