The biggest nightmare for a CFO of any company is Asset Management. Especially in the manufacturing companies, there are variety of assets from expensive Engineering assets to IT assets and furniture, everything is a cost that needs to be accounted for. In a multi-location environment, it just gets more complex.  
The Asset Tracking System is a boon to the CFO as it helps manage all the assets that the company owns across many different locations and sites. The core of this system is to identify every asset uniquely with a serial number or asset number and track it through its lifetime.