RUPTUB SOLUTIONS PRIVATE LIMITED

Submitted By :
Vishakha Agrawal
 TABLE OF CONTENTS

• Introduction
• About Treebo Hotels
• Title of the project
• Objective of the Project
• Impact of the project
• Problems Identified
• Possible Solutions
• Challenges
• My learnings
 HISTORY OF TREEBO HOTELS

• Treebo Hotels was founded in June 2015 by Sidharth Gupta, Rahul Chaudhary,

and Kadam Jeet Jain with the aim of providing high-quality hospitality.

• Treebo Hotels is India’s 3rd largest hotel chain after Taj and ITC.

• Headquarter situated in Bangalore, India.

• Treebo Hotels operates 285+ hotels in 66 Indian cities.

 CONTD.
• The company offers budget hotels rooms to travelers in the Rs 1,000-3,000
price range, with average booking rate at Rs 2,000.

• It currently has a network of 3,000 rooms, where it is able to drive around a

75% occupancy rate on an average.

• It has raised Rs 112 crore in a new funding round led by Bertelsmann India
Investments (BII) with participation of existing investors, SAIF Partners and
Matrix Partners India.

• These online budget hotel startups swear by the full inventory model .
 TITLE OF THE PROJECT

• MAINTAINING OF FIXED ASSET REGISTER (FAR) TO CONDUCT PHYSICAL

VERIFICATION OF ASSET IN ORDER TO KEEP TRACK OF DETAILS OF EACH

FIXED ASSET, ENSURING CONTROL AND PREVENTING MISAPPROPRIATION

OF ASSETS.
 OBJECTIVE OF THE PROJECT

• Data pulling from Invoices and maintain in FAR.

• Resolving all the discrepancies occurred in FAR.

• Cross verifying of all the assets quantity, category, serial number from the invoices.

• Tagging and labelling all the assets.

• Keeping in track of all the assets.

 PROJECT IMPACT

• It will keep track of the correct value of assets, which allows for computation of

depreciation and for tax and insurance purposes.

• A FAR will allow a company to keep track of fixed assets that are not under simple,

direct control of the company. This means owned and leased assets, assets under

construction, and imported assets.

 PROBLEMS IDENTIFIED

• Asset category column is wrongly categorized.

• Serial number error is found together with number of items.

• Many of the invoices are missing in registered FAR.

• Many of the assets are missing .

 POSSIBLE SOLUTIONS

• Ensuring all the invoices are registered in FAR.

• Tagging of items from the very first day.

• Updating items with serial number on day to day basis.

• Avoiding re-works as much as possible.

 CHALLENGES FACED DURING THE PROJECT

• The data consists of very high-Volume data.

• Needs to be an expert on multitasking.

• Dealing with too many queries is difficult.

• It is also lot of time consuming.

• Coordinating with several teams.

 LEARNINGS

• Learned new commands & shortcuts in MS-excel .

• Learned a lot about Assets register and management.

• I also got to know how to work in the corporate world.

• I came to know various tools that company uses to do their work easily.
ANY QUESTIONS ???