Smart Assets
Fixed Assets Management SoftwareSmart Assets is an enterprise Fixed Assets Tracking and Management software to track and manage the Fixed Assets Software. Smart Assets™ software has modules for tracking of the fixed assets and Depreciation of the Fixed Assets.
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Smart Assets is an enterprise Fixed Assets Tracking and Management software to track and manage the Fixed Assets Software. Smart Assets™ software has modules for tracking of the fixed assets and Depreciation of the Fixed Assets.
Features
- Some important features of Smart Assets™ are
- Sub-asset tracking with respect to individual assets
- Revaluation of assets
- Captures Purchase information
- Asset cost with breakups
- Insurance and Service contract with pre-closing options
- Recording the maintenance costs of individual assets.
- Vendor management
- Management of leased, Bonded and written off assets.
- Transfer of Assets with acknowledgement.
- More than 60 depreciation, including Depreciation Schedules for Companies act, Income Tax Act and US GAAP. Reports on transactions including outward movement of assets, Service contracts of assets, Asset History, etc and listing reports.
- User definable advanced querying facility.
- Multiple depreciation systems including GAAP.
- Depreciation Schedule statements complying with the Income Tax and companies act requirements.
- Depreciation calculation for Income Tax, Company Act and many more….
- Multiple periods for periodical reporting
- Advance Security features - Role based securities.
- Asset Verification
- Bar coding
- Import facility from Excel.
Benefits of using Smart Assets™
SmartAssets™ Features Improved AssetManagement
Identification of assets and its sub-assets to its location and department will easily enable the organization to control the Fixed Assets effectively. By capturing the image of the asset, easier identification and mistaken replacement of assets can be avoided. Smart Assets™ also allows you to keep track of the insurance and service with respect to the vendors. A powerful system, to handle the scrapping and disposal of the assets, with an approval system for better management. The Smart Assets™ will also help in tracking the performance of the asset, with respect to its annual maintenance costs.
Deprecation Calculations and Tax Calculations
Calculates depreciation for multiple depreciation systems, including Companies Act, Income Tax Act and international GAAP system. Provision for creating depreciation forecasting systems.
Deprecation reports for various periods like, monthly, quarterly, half-yearly and annual periods and a facility to forecast reports for forthcoming financial years.
Reduced Misappropriation
While no software can prevent theft of assets, a powerful System in place, however will often act as a deterrent to misappropriation.
Role Based Securities
Smart Assets™ has incorporated powerful role-based security levels, whereby the access to the software, will be offered to the user to the role of the user in the organization. Access to screens, action related to the screens like adding, deleting and modifying an information of an assets or reports can be offered or prevented as per the users requirements.
Comprehensive Reports
Over 60 reports which includes reports on depreciation, tracking, listing and graphs.
Query
A powerful query with multiple filters allowing the users to save queries and reports as per their needs. The query facility is user definable which can be set as per the needs. Multiple filters and conditional filters are providing an accurate report.
Smart Asset™ range
Smart Assets™ has a range of products to suit the individual requirements of the clients. Smart Assets™ has a single user version, client/server version ( up to 10 users), a Client/Server Version with connectivity to geographically dispersed users and a browser based web version. Smart Assets™ professionals will offer you the ideal solution of our products and Solutions to match your requirements.
Hardware and software requirement
| Version | Hardware (min required) | Software | Database |
| Smart Assets™ Single user | Pentium 100/64 MB RAM/ 32X CD Rom/100 MB of free hard disc space | Windows 95 and above | Free database will be provided by us |
| Smart Assets™ Multi user version(10 users) | Pentium 100/64 MB RAM/ 32X CD Rom/100 MB of free hard disc space/ network to be provided | Windows 95 and above | MSSQL, Sybase, Oracle |
| Smart Assets™ Browser based | Pentium 100/64 MB RAM/ 32X CD Rom/100 MB of free hard disc space | Windows 95 and above. Internet Explorer 5.5 and above, Web server- Apache, TomCat | MSSQL, Sybase, Oracle |
Specifications
Industry :
General
Deployment :
- Windows
Language :
- English
Vendor Website :
Product Feature(s)
Pricing
Smart Assets Basic
Price On Request
- Asset Accounting
- Asset Lifecycle Management
- Audit Trail
- Barcoding/RFID
- Depreciation Management
- Disposal Management
- Document Management
FAQ
How is Asset Management different from Asset Tracking?
Asset management is a high-level process that integrates people, processes, and technologies to maximize end-user productivity, contain costs, and maintain compliance. A successful asset management program is one that delivers detailed reports, helps you maintain existing assets and budget new assets, is a decision-making tool that can have an enormous impact on your company in terms of time and money. For better asset management , however, you need an asset tracking solution. Only when you have information about all your assets, can you have a meaningful plan for managing those assets in other ways. Asset tracking includes bar coding assets, physical collection of asset data and control.
What are the benefits of Asset Management?
Successful asset tracking results in more accurate budgeting, better control of assets, and effective life-cycle management of assets. Asset tracking is an important part of overall asset management.
Here are some just of the benefits of implementing an asset management program:
- Accountability by users
- Improve ROI , saving money by not purchasing or maintaining unnecessary assets.
- Re-deploy unused assets
- Improved vendor management
- Timely renewal of insurance and service contacts.
- Gaining access to accurate information relating to your assets saves time and increases an organizations ability to make logical decisions regarding your investments.
- Asset lifecycle management - realize costs and time associated with the management of assets. Creating efficiencies and reducing TCO becomes possible only when an accurate asset roadmap is defined.
Why should we outsource this Assets Tracking?
Asset management is a complex exercise , simply because it incorporates such widely varying functions and employee . What appears simple on the surface, must address several specific and detailed issues to be successful.
How do we maintain our asset data on an ongoing basis?
Our training team will instruct you to maintain and use the Smart Assets™ software. Our professionals are always on hand to assist you, whenever you require them.
How do I sell the idea of asset management to upper
The best way to sell asset management to upper management is to perform a return on investment (ROI) analysis. This analysis should include industry standard data provided by a company like the Gartner Group, the estimated costs of your asset management system, and your expected benefits from this system (Gartner Group's assessment that the cost of ownership can be reduced by 37.5% or more through active enterprise asset management is a fairly powerful opener to any presentation)
How long does an audit usually take?
There are a variety of factors that influence the amount of time that an inventory will take. Major factors include the number of assets to be audited, types of assets and locations of the company. We address all of the factors during project planning and work with you to develop a schedule that will meet your needs. Our focus is to accurately collect the data in a timely manner with a minimum impact on your operation and end-users.
Can I maintain any number of companies , branches,locations, users?
Yes.
How many roles should be created?
That depends on the number of the roles in the organization. There is no limitation on the number of the roles to be created.
Can user set the role rights?
Only admin users can set the role rights.
Can I take print out of remainders?
Yes, you can.
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