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AssetThread Brochure

The document describes Sensys Asset Thread software, which provides a comprehensive fixed asset management solution. It allows users to track all asset information in a centralized database, set up multiple depreciation policies, and monitor asset performance and transactions over the asset lifecycle. The software offers features such as asset accounting, tracking, maintenance cost reports, depreciation calculation, and barcode/RFID integration to help companies better manage their fixed assets.

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22 views4 pages

AssetThread Brochure

The document describes Sensys Asset Thread software, which provides a comprehensive fixed asset management solution. It allows users to track all asset information in a centralized database, set up multiple depreciation policies, and monitor asset performance and transactions over the asset lifecycle. The software offers features such as asset accounting, tracking, maintenance cost reports, depreciation calculation, and barcode/RFID integration to help companies better manage their fixed assets.

Uploaded by

sensys.akashparmar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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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

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