Spine Assets Description
Spine Web Asset Software enables the organizations to track all the assets, their transactions, asset accounting and other information from a centralized database from anywhere and anytime. It merges with core accounting functions in a complete, flexible, and automated asset management system. It enables you to maintain separate tax and accounting books easily and automatically record different depreciation methods for asset categories. By using this software, it's easy to gain control of fixed assets. It enables you to centrally manage and safeguard your business’s fixed assets by making your job easier to track and report asset information including condition, insurance status, and maintenance logs. You will be able to tag fixed assets with dimensions to track how costs are distributed by location, department, project, and more.
Asset Acquisition: Capturing Asset and its Component details, Purchase history, documents, Bulk Import for existing data upload in Software
Asset Relocation: Capturing the movement of the assets and maintain relocation history of the Assets for Location, Cost Center, Custodian throughout the organization
Asset Disposal: Maintain Asset Disposal and Write-Off transactions, Automatic Calculation of profit/ loss on disposal of Assets. (Assets-wise / Component wise)
Depreciation Calculation: Automates the whole process without any human intervention.
Manages Workflow - Complete custom Workflow & Query Desk which makes Maker-Checker process hassle-free
Physical Verification: Provides ability to perform both live and offline audits to protect against lost or stolen assets, Gain better control of your asset base, Enhance the accuracy of financial records, Improve asset history & lifecycle planning, Interface for Barcode Reader, Variance between Actual & On-Record Assets
Barcode/OR-Code Label Device Integration: Can be interfaced with barcode/QR-Code scanner
Maintenance scheduling: Create Preventive Maintenance Schedule alerts, Record each service log entry for Assets or its Components, Provision to capitalize the Service Cost/Additional Cost, Print Challan while sending assets to service providers with nature of Problem, Maintain list of assets resided at service provider
Inventory/Consumable Tracking – Easy way to track consumables and Inventory and its movement
Cost Control: Improve cost control by reducing insurance premiums, extending asset lives, and comparing supplier performance, Improve asset acquisition, usage, and disposal processes with one version of the truth. Avoid oversights by creating automated alerts for key events such as insurance renewal, warranty expiry, or replacement date. Minimize delay in the event of an insurance claim.
Import Existing Data: Your existing Assets data, if it is stored in Excel format, can be easily imported into our software.
Report Writer: User can design his own customized reports also can save a different query.
Spine offers a unified and flexible approach to today’s work and asset management challenges by eliminating time wasted searching for and replacing lost or missing assets, avoid inefficient practices that eat away the profits of any organization.