Asset Management System is a cloud based application,which includes a systematic process of deploying, operating, maintaining, upgrading and disposing of asset cost efficiently.
With the aid of Asset Depreciation software, customer can perform different functions like maintaining asset register, calculating depreciation, maintaining reports, etc. Asset Management system is capable of managing assets of an organization. It is defined as "systematic and coordinated activities and practices through which an organization optimally and sustainably manages its assets and asset systems, their associated performance, risks and expenditures over their life cycles for the purpose of achieving its organizational strategic plan. Asset management focuses on all types of assets, varying from critical or strategic physical assets to software assets.
The Fixed Asset Management software acquires the assets, allows the user to set depreciation rate and calculates depreciated amount for the same.
It helps organizations to plan better and finds the optimum balance between maintenance and operations. This will help to increase the uptime of assets and reduce inventory costs to increase profit.
Benefits
- Maintain asset register
- Calculate Deprecition with companies act and IT act.
- Follow SLM/WDB Method
- Get asset life autometically
- Print and get assets
- Maximize the value and utilization of assets
- Collect, Consolidate and Analyze essential information on all types of assets
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