Assets Management System Go Green! Digitisation to the Max!
Corporate Asset Management module include following products: -
Catalog & Asset Allocation System
Work Logs & Fault Management System
Gatepass & Geolocation Tracking System
Procurement Request Management
Asset Depreciation System
Maintenance Calendars & Contracts Management
CATALOG & ASSET ALLOCATION SYSTEM
Gain Absolute Over Company Assets. Control Costs. Boost Revenues.
In today's competitive world, the organizations need to focus fully on their business specific functions to be relevant to customers and for sustained growth. In the process of growing business, organizations accumulate multiple assets, use them, allocate to employees, keep in stock stores, track them for management, inspect them, get them repaired, procure new ones, depreciate existing ones, transfer between departments and do a lot more related activities to enable entire organization to function smoothly.
With Tesarrow Asset management & tracking system, you can automate your entire asset management process. It is comprehensive end-to-end,
full-fledged, asset management system that is essential for monitoring your related assets budget and streamlining entire
asset maintenance systems & processes. It helps you to carry out business functions without any hindrance that might depend on asset
availability, asset conditions etc. It also helps you to maintain assets in good health and in required levels in inventory.
The integrated software presents a portal system wherein employees are able to log request for necessary asset(s) to carry out the work.
The management and relevant departments are presented with requests being raised, accumulated stocks, allocate asset(s) from stock or
raise procurement requests. The portal is a comprehensive system that enables many required functions related to organizational asset
management needs.
Asset Code Management, Catalog Management
Asset Requests, Approvals & Allocation Management
Asset Lifecycle Management
Asset Geo-location Tracking
Asset Condition, Status Change History, Alerts
WORK LOGS & FAULT MANAGEMENT SYSTEM
Inspect Assets. Maintain Good Health. Run Break-free Business Process.
Organizations want to maintain high Asset availability and reliability to ensure high operational efficiency, coupled with utmost
safety for its expensive assets, people and the environment.
With wide spread use of assets throughout organization departments, employees spread across multiple physical locations, it generally becomes
tedious process to keep control of Asset health conditions. Regular general inspections are required to keep the business process in good health
which actually depends on the good health of its assets. General works are done on Assets and are logged in system. If faults are found, during
general work, the faults are logged in the system.
With one central system that allows to accumulate & process all assets' related information, plays an important role in organization’s growth.
With Tesarrow Asset management system, this is accomplished by an integrated module that allows management of inspection data, log work information,
log fault information, and correct the faults timely.
The system contains following major functions: -
Flexible Work Code, Fault Code, Urgency Code definitions
Fault Logging & Correction Report System
Cost Approval System with online Access to all stakeholders
Other Features Include:
- Mobile APP for Log /Work Submission & Tracking Status
- Integrated with Main Panel
- Integrated with Communication Channels
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GATEPASS & GEOLOCATION TRACKING SYSTEM
Manage Assets Moving In & Out of Premise. Track their location.
Asset movement is an integral part of its lifecycle. Assets generally moves inside premise when these are procured, purchased, hired on rent etc.
and similarly moves out when these are sold, sent for repair, sent out hired etc. Organization needs to track all movements in an efficient manner
so as to have complete control over its assets.
With its Asset management system, Tesarrow integrates one module to carry out functions related to asset movement. You are able to issue gatepass
for assets in relation to its movement in or out of premise.
The system contains following major functions: -
Flexible gatepass type - In / Out / Inter-department Transfer etc
Stock Ledger Management
Management Views on Asset stocks, condition, warning levels etc.
Other Features Include:
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PROCUREMENT REQUEST MANAGEMENT
View Requests Centrally, Department wise. Approve Requests From Anywhere.
The integrated software consists of a very useful module for logging procurement requests and tracking their status. The urgency codes could be attached with requests to indicate the relevant departments to treat the requests accordingly. During Inspection or general work routines, the user could log requirement request right there from the field itself.
Since the module is integrated within the main dashboard view all designated departments would be able to view requests with respect to departments, asset type / categories etc and make informed decisions accordingly.
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ASSET DEPRECIATION SYSTEM
Keep You Asset Value Up-to-date. With Practical Evaluation.
Organizations need to apply a method of reallocating the cost to tangible assets over their useful life span of them being
in motion. Businesses generally depreciate long-term assets for both tax and accounting purposes. The former affects the
balance sheet of a business or entity, and the latter affects the reported net income. Generally the cost is allocated, as
depreciation expense, among the periods in which the asset is expected to be used. This expense is recognized by businesses
for financial reporting and tax purposes.
Methods of applying depreciation, and the periods over which assets are depreciated, may vary between asset types within
the same business and may vary for tax purposes. These may be specified by law or accounting standards, which may vary by
country. There are several standard methods of computing depreciation expense, including fixed percentage, straight line,
and declining balance methods. Depreciation expense generally begins when the asset is placed in service.
The system contains following major functions: -
Flexible Depreciation Methods & Periods
Automatic Depreciation Calculations with Adjustments flexibility
Posting to relevant accounts in Financial Accounting System
Other Features Include:
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MAINTAINENCE CALENDARS & CONTRACTS MANAGEMENT
Maintain Assets the way they need. Focus on Business Growth.
For organizations, assets are the building blocks for business growth engine, and keeping them in good working condition is even more important.
But at the same time, with multiple assets of value accumulated over time, having their individual maintenance calendars, it becomes more
cumbersome to keep track of each and every asset condition. This may result in undesired operational failure of items just because of their
non-maintenance or non-adherence to their maintenance calendars.
Tesarrow integrates one important module in Asset management system. Through this module, organizations are able to maintain and up-keep calendars
for all of its assets. This also helps in management of maintenance Contracts with outside/maintaining agencies.
The system contains following major functions: -
Flexible Definitions for Maintenance Type, Contract Type
Management for Vendors, Contracts, Maintenance History
Management Views with warning levels, Alerts
Other Features Include:
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