Radio Frequency Identification (RFID) Integration Solution with Fixed Asset
Companies find that they lose huge finances every year, while investing money in asset purchase. How does this happen? Inefficient asset management (from asset purchase, assessing the working condition of the asset, to maintenance of the asset) is a crucial cause of loss to the owners. An efficient asset tracking system can prevent discrepancies in asset management by keeping owners updated about the condition and usability of the assets they have invested in

• Asset categorization for easy tracking
• Complete details of asset storage and maintenance
• Supports Industry-standing Bar coding system to tag the asset with unique barcode
• Supports RFID-based tracking
• Monitoring of asset movements
• Supports Reversal or Re-Classification of Asset
• Asset Value Addition
• Closure of Asset
• Contracts Management (Service Contracts & Annual Maintenance)
• Depreciation Calculation
• Can integrate to Purchase/Inventory Module
• Tracking complete history of assets
• Creates transparency of operations
• Complete History of Movement with respective approver names
• Forecasting the Budgeting on fixed assets is viable