How Bloomberg L.P. Masters Global Equipment Management with Cheqroom
Bloomberg L.P. is a global leader in business and financial information, operating a robust media organization that produces and distributes financial news and insights worldwide.
The Challenge:
Spreadsheets Couldn’t Keep Up with Global Operations
Bloomberg L.P. managed a growing fleet of 800+ global assets worth hundreds of thousands of dollars using manual spreadsheets. In high-stakes broadcasting, a missing piece of gear isn't just an inconvenience, it's a threat to a multi-million dollar production. Bloomberg L.P. needed to eliminate the operational risk from spreadsheets and reclaim the hundreds of hours lost to manual tracking.
The Solution:
Real-Time Asset Intelligence
Bloomberg L.P. adopted Cheqroom, a mobile-first asset management platform purpose-built for high-pressure media environments. Cheqroom provided a centralized, real-time system that delivered full visibility, accountability, and traceability across all global equipment inventories. Teams could now track, book, dispatch, return, and maintain equipment from a single platform, from anywhere in the world.
Having a system like Cheqroom, it really gives me the confidence that all of our assets are safe.
3 Highlights from Bloomberg L.P's Improved Equipment Management Workflow with Cheqroom:
Instant, Error-Free Checkouts with QR Codes
All equipment is tagged and scanned via Cheqroom’s mobile app, ensuring fast, accurate check-ins and check-outs without manual errors.
Bulk Item Tracking for Small but Critical Gear
Consumables such as cables and SD cards were integrated into inventory management, preventing the small, frequent losses that typically account for 15–20% of industry-wide inventory shrinkage.
Automated Notifications and Proactive Oversight
Real-time email alerts keep teams informed about equipment status, availability, and upcoming needs, reducing last-minute scrambling.
The Impact:
Global Adoption and Measurable Efficiency Gains
Cheqroom was rapidly adopted across Bloomberg’s global teams, seamlessly connecting producers, shooters, and managers through one reliable system of record.
120 Integrated Users
Rapid adoption across teams in a single system.
40 Power Users
Over 40 power users rely on Cheqroom daily, performing high-frequency check-ins and check-outs through the mobile app.
10+ Hours Saved Weekly
Manual spreadsheet tracking typically requires 1.5–2 hours of admin work per day. Cheqroom eliminated this overhead by automating equipment tracking for the 800+ fleet.
$100,000s+ in Assets Secured
Centralizing inventory management, Bloomberg safeguarded hundreds of thousands of dollars in high-value equipment across global locations.
I can’t even count the hours that I’ve saved using Cheqroom.
By replacing static spreadsheets with a visual, mobile-first asset management platform, Bloomberg L.P. ensured that every piece of equipment—large or small—is accounted for, accessible, and production-ready.
Cheqroom’s intuitive design enabled swift onboarding and high adoption rates, while real-time data accuracy dramatically reduced the risk of loss or misplacement. The result: streamlined workflows, stronger accountability, and complete confidence in equipment availability—anywhere in the world.
Stay in control & never lose track of your assets
Ready to join the 1,000+ organizations that manage over $5B in high-value assets in Cheqroom?
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