Asset management software tracks every aspect of an asset and is very useful to an organization in keeping track of assets, maintaining, upgrading and disposing of assets cost-effectively. AMS has a streamlined procurement process by way of having vendor selection using quotations provided by vendors. Asset maintenance is done by generating work orders on schedule or demand basis. Depreciation process is automatically invoked for assets based on the configured schedule defined for each asset. AMS provides stock tracking of consumables used for assets during their maintenance. Assets are evaluated periodically for the assessment of their worth based on current market trends to help in decision making for disposal or upgrade.

Key Features

  • Complete control of asset acquisition, maintenance and disposal through Asset Register
  • Scheduled routines coupled with failure and root cause analysis for effective maintenance of assets
  • Simplified, hassle-free acquire process by proper plans
  • Management of vendor contracts and payments
  • Scale up, split up and disposal as scrap through proper reconciliation of data
 

Modules

Admin

  • Company
  • Units
  • Customers
  • Vendors
  • Users
  • Roles
  • Depreciation Methods

Asset Information

  • Asset Hierarchy
  • General Details
  • Acquisition Details
  • Depreciation Details
  • Service Details
  • Insurance Details
  • Value Details

Disposition

  • Customer Order
  • Resale
  • Scrap sale
  • Trade-In
  • Transfer to another branch
  • Asset split
  • Partial disposition

Acquisition

  • Quotation receipt
  • Purchase Order
  • Delivery challan
  • Goods Receipt Note
  • Supplier Invoice
  • Asset tagging
  • Purchase return

Asset Maintenance

  • Preventive maintenance
  • Reactive maintenance
  • Physical verification
  • Depreciation
  • Re-Valuation

Quality

  • Standards specification
  • Installation/Setup/Assemble
  • Inspection
  • Trial Run

Finance

Tally Integration
  • Resale Invoice
  • Supplier Invoice
  • Service Invoice

Reports

  • Asset Count
  • Asset Value
  • Maintenance
  • Depreciation
  • Inspection
  • Disposed Assets

Benefits

Management

  • Centralized product with digitized business
  • Net Worth of assets across units
  • Addition of units at zero cost
  • Tracking through Fixed Assets Register

Acquisition

  • Asset tagging after inspection increases productivity
  • Cost-effective purchase based on quotations
  • Tagging ensures easy tracking
  • Flexibility in Supplier Invoice generation

Disposition

  • Quick disposal by asset tracking
  • Reuse by asset split
  • Know trends on sales activity
  • Decision making on Trade-In

Maintenance

  • Reduce downtime
  • Extend lifetime
  • Ensure smooth functioning
  • Increase in productivity
  • Timely disposition

Technology

  • Scalable
  • Effortless cloud deployment
  • Download reports as Word, Excel and PDF
  • Efficient data migration
  • Responsive view