We provide complete Fixed Asset & Inventory Tracking solution that enables users to conduct comprehensive, cost-effective physical audits.

Barcode labels, attached to fixed assets and inventory items, and handheld scanning devices are required to conduct the physical audit.

All the assets of an enterprise can be tracked throughout their life-cycle right from their allotment to their disposal. The tracking data provides information about an asset like the location of the asset, who is using the asset, the date and time when the asset was last used/updated.

This data is very useful during audits and it makes it easy to discover an asset when it is misplaced or lost. Also, there is no limitation on the number of devices that can be tracked using these tools.

 

Key Features of FAM Software:

 

1. Master Module

a. currency
b. Asset Category/group
c. Location
d. Department
e. Cost centre

2. Active Directory integration

3. Asset Procurement

a. Purchase Request
b. Indent Request
c. Purchase Order

4. Optional Field & Attachment

5. GRN (Goods Receive Note)

6. Invoicing

7. Excel Upload

8. Barcode

9. Physical Audit & Report

10. Automated Reconciliation

11. RFID Integration

12. Asset Transfer

a. Within premises
b. Our side premises

13. Depreciation method:

a. SLM (Straight Line Depreciation)
b. WDV (Written Down Value)
c. Depreciation calculation for a specific period (daily, monthly, annually)

14. Asset Retirement/ Disposal (Bulk/Single)

a. Write off
b. Scrap

15. Asset Reversal

 

Benefits of IT Asset Management Software:

 

1. Access anywhere any time

2. Real-time transaction

3. Excel upload

4. Cost effective and User-friendly

5. The easy way to prepare Asset register

6. No downtime

7. Calculate depreciation under Income Tax Act & Companies Act simultaneously

8. Calculate depreciation in a minute

9. Higher customer satisfaction

10. Informed decisions from multiple angles, such as performance, profit and costs, risks and opportunities

11. Multi-side integration