Asset Life Cycle Management

How does your organization reconcile operational and accounting data for assets?

Save cost through efficient management of the full life-cycle of assets through integrity between accounting and operational data for assets as well as multi-dimensional analysis capabilities

Asset Life Cycle Management helps companies to monitor all asset portfolio including fixed assets, inventory, IT equipment, branches, ATMs, real estates, vehicles, and consumables.  

Features

• Online tracking of all assets and asset movements
• Management of the full lifecycle of assets from acquisiton to disposal
• Reconciliation between the operational and accounting data for assets
• Inventory control enabling better management of unutilized inventory
• Analysis of expenditures per asset, business unit, and employee
• Analysis of accrued costs of consumables bylocation [department, branch, unit)
• Analysis of purchase invoices based on product group, supplier and/or location .
• Accounting of fixed asset depreciations by location

  Asset and Inventory Management

Companies can monitor asset life cycle from purchase to disposal, warranty periods, consumable movements in and out of the inventory, asset transfers between locations and critical inventory levels. 

Fidelity users can keep track of spare parts and the feature supports fulfillment of requests through current inventory and multiple warehouses.

  Fixed Assets and Depreciation Management

This features supports  multiple depreciation schedules with easy to use cost calculations, monitors leased assets and leasing life cycle.  This feature also allows to automate accounting entries for assets including location changes and depreciation calculations.

   Barcode Automation Extension enables automatic tracking of asset movements in and out of the inventory and between different organization units through barcodes supporting multiple barcode readers with easy-to-use printing capabilities for barcode label.