You are on page 1of 4

Track & Manage Fixed Asset

Sensys Asset Thread Software is a comprehensive solution to your fixed asset


management needs, which stores asset information in one centralized
database and will allow access to this information to the authorized user,
anywhere.
Key Components
• Asset Management • Multiple Depreciation policy
• Asset Accounting • Management of Service Providers.
• Asset Tracking • Reminder Pop-ups on expiry
• Asset Performance Management • Time to time Asset Verification
• Asset Transactions • Accurate Asset Market Value
• Life Cycle Monitoring • Asset Performance Reports
• Accurate Depreciation Calculation • Maintenance Cost Reports
• Bulk calculation of Depreciation • Data Collection and Analysis
• Data Visual and Representation • Features data in the form of responsive tiles
• Shows urgent information, alerts, and warnings

www.assetthread.com
Introduction
Improved Regulatory and Security
• With asset tracking systems such as FAMS, it becomes easier to store and track data accurately.
• Easy to record every action logged by users, and role-based access permissions ensure that only authorized
personnel can access sensitive data.

Accurate Reporting
• Offers companies real-time data on how each asset functions
• Streamlines the management process, improving the overall profitability of your organization.
• Helps reduce human errors in asset performance monitoring

Reduced Maintenance Expenses


• Asset Expert software stores essential information about assets and notifies them according to the
expiration of their life.
• Also aids in maintenance task scheduling and alert generation
• Reducing unnecessary costs due to mismanagement of assets

Streamlined Operations
• Critical for determining which assets in the organization are under user, their location, their cost center, etc.
• To receive status updates on the process when needed.
• Eliminates unnecessary steps from daily operations, making them more efficient and faster

Budgeting and Cost Reduction


• A reliable storing and tracking system for keeping track of stock levels and materials. Gives companies total
control over their current stock and potential purchasing decisions.
• Asset traits like asset depreciation, can predict individual asset life spans and allow them to be replaced.

Asset Life Cycle

Planning - Planning is the first stage of the asset Life Cycle. It establishes asset
requirement based on evaluation of Existing Assets.

Acquisition - This begins the life cycle of the asset. Once the asset I
Identified, acquired and installed into the business, it can then be
tracked throughout its entire life cycle process.

Operations & Maintenance - This stage indicates the application and


management of an asset, including insurance, verification, AMC, etc.

Disposal - The end of the Asset’s Life Cycle. It is removed from service
and either sold, discarded, or shifted out.

www.assetthread.com
High End Features

Asset Life Cycle Management Service Masters Management


• Asset Management • Asset Accounting • Management of Service Providers.
• Asset Tracking • Reminder Pop-ups on expiry
• Asset Performance Management • From time to time Asset Verification
• Asset Transactions • Accurate Asset Market Value
• Life Cycle Monitoring

Maintenance Management Depreciation Methods


• Warranties • Accurate Depreciation Calculation
• Service Providers • Bulk calculation of Depreciation
• Asset Consumption and Condition Maintenance • Asset Card available for assets after depreciation
• Component Management • Multiple Depreciation policies can be created and
calculated accordingly.

Analytics & Reporting Dashboard & Widgets


• Asset Performance Reports • Provides an overview of the software to the user
• Maintenance Cost Reports • Offers data about the current status
• Data Collection and Analysis • Shows urgent information, alerts, and warnings
• Data Visualization and Representation • Features data in the form of responsive tiles.

Top Benefits & Features


FEATURES BENEFIT
• Centralize data • Creation of Multiple Master Data
• Easy Asset Management • Centralized Depreciation Policies
• User-Friendly Interface • Easy Maintenance of multiple assets at once.
• Asset Information Management • Accurate Importing of Data
• Extend Asset Life Spans • QR Code & Bar Code Scanner
• Quick Understanding of the Application • RFID Tagging and Verification
• Improve Efficiency • Asset Adjustment, Split, Shift available.
• Increase Productivity • Repairs and Maintenance scheduled with reminders
• Better Visibility • Audit Trail
• One-time master Setup. • Multiple User Accessibility

Track & Manage Fixed Assets for

IT COMPANY PHARMACEUTICALS HOSPITALITY TELECOM GOVERNMENT BANKS


& HOSPITALS INDUSTRIES INDUSTRY INSTITUTION

EDUCATION AGRICULTURE CONSTRUCTION RETAIL CHAIN MANUFACTURING WAREHOUSES


CENTER COMPANY UNITS

www.assetthread.com
Key Features
• Manage Unlimited Fixed Assets. • Depreciation Accounting for Year & any period between the year
• Asset Block & Category wise classification. • Change in method/rate from retrospective effect.
• Head Component, Independent & Dependent Component. • Separate depreciation treatment for Leased Assets.
• Location, Department, Cost Centre Arrangement. • Fixed Asset Register Summary, Detail, Group-wise
• Asset Owned or Leased. • Fixed Asset Schedule as per Company Act, Income Tax Act
• Manage WIP Asset. • Fixed Asset Schedule as per ITR6, Form 3CD Extract
• Cost Breakup of Asset Component. • Shift-wise Depreciation detail
• Forex Fluctuation • Report giving Depreciation attributable to each Location
• Income Tax & Accounting Book with two additional books. • Depreciation Calculation & Comparison between two periods
• SLM and WDV methods are inbuilt. • Budgeting & Variance
• AMC, Insurance, Market Valuation, Physical verification. • Reminders about Expiring Warranty, Insurance, AMC, Lease, etc.
• Shift-wise usage details. • Report writer & various MIS Reports.
• Sale, Discard, Splitting & Relocation. • Asset Card, Asset History, Asset Labels
• Adjustment in Asset Value, Depreciation. • Add on the module:
• Impairment of Asset. • Linking with Barcode
• Import verification records from Barcode scanner

Our Clienteles

904, 905, 906, Corporate Annexe, Sonawala Road, Goregaon (East), Mumbai - 400063.
Enquiry: +91 766 990 4748 | Cell: +91 97694 68105 | +91 98673 07971
Also Available in: Delhi & NCR | Ahmedabad | Hyderabad | Bengaluru | Kolkata | Chennai

enquiry@sensysindia.com www.assetthread.com

You might also like