An asset management system is a computer system that aims to organise and track all the assets owned by a company or organisation in an efficient and organised manner.
Asset History
Recording assets of various types, charging them to cost centres (projects or divisions) and depreciation rates
Depreciation
Specify the age of the asset and the asset management system will automatically generate monthly depreciation entries until the asset’s value expires
Purchase and receipt of assets
Purchase from suppliers and receive assets in warehouses with barcode printing and RFID tagging
Asset Inventory
You can inventory assets at any time manually or using Data Collectors or RFID
Sale, Destruction and Valuation
The asset can be fully or partially destroyed, sold or revalued with accounting entries automatically generated
Scheduling maintenance and repairs
Follow up on regular maintenance and repairs with expenses charged to assets
Contracts and Warranty Management
Alerts for maintenance, contracts, licences, insurance and rentals
Documents
Attach documents and notes to assets, contracts, licences and insurance.
Location and Status Tracking
Checking in and out of assets and transferring them from one cost centre to another (department or project)
Asset leasing
Registering rental data and tracking exit and entry
Re-evaluate
The asset can be revalued according to the market price with accounting entries automatically recognised
Reports
A wide range of comprehensive reports and analyses on assets, maintenance costs and value