Asset Management System
Xtreem ERP’s Asset Management System ensures every asset is tracked, maintained, and optimized throughout its lifecycle. It enhances visibility, reduces manual effort, and safeguards asset value with smart automation.
Track, manage, and protect your assets with Xtreem ERP.
Xtreem ERP’s Asset Management System offers complete lifecycle tracking, from acquisition to disposal. It automates depreciation, maintenance scheduling, and asset movement to ensure maximum utilization and control.
Real-time insights and alerts help reduce downtime, avoid asset loss, and improve financial accuracy.
AMS Features
Xtreem ERP’s Asset Management System enables efficient tracking of all physical and digital assets across departments and locations. Key features include asset registration, depreciation management, maintenance scheduling, and warranty tracking. With real-time visibility and automation, it helps reduce asset loss, extend asset life, and ensure compliance.
Asset Registration & Categorization
Create a centralized asset database with categorized records for all physical and digital assets. Each asset can be tagged with unique codes, assigned departments, and tracked throughout its lifecycle.
Core Features:
Asset ID generation
Category & location-based tagging
Asset grouping (IT, machinery, furniture, etc.)
Department/owner assignment
Depreciation Tracking
Automatically calculate and apply depreciation based on predefined methods (e.g., straight-line, declining balance), helping maintain accurate financial records.
Core Features:
Customizable depreciation rules
Auto-scheduled depreciation runs
Asset-wise depreciation logs
Integration with accounting module
Asset Lifecycle Management
Track assets from acquisition to retirement, including procurement, usage, transfers, servicing, and disposal.
Core Features:
Acquisition and disposal tracking
Asset transfer between locations or users
Service and maintenance log
Lifecycle status (active, idle, retired)
Maintenance Scheduling
Plan preventive and corrective maintenance to maximize asset uptime and extend longevity. The system notifies relevant teams when maintenance is due.
Core Features:
Maintenance calendar
Auto-reminder for service intervals
Spare part linkage
Vendor/service technician assignment
Asset Auditing & Verification
Run periodic asset audits to verify existence, condition, and usage. Use barcode or RFID integration for fast and accurate tracking.
Core Features:
Physical verification checklists
Barcode/RFID scanning
Condition reporting
Audit logs and history
Insurance & Warranty Tracking
Maintain records of insurance policies and warranties for assets, with expiry alerts and claim tracking features.
Core Features:
Warranty status and coverage
Insurance renewal alerts
Claim documentation
Policy association per asset
Asset Movement & Allocation
Monitor internal asset movement between departments or locations and assign assets to specific users or roles.
Core Features:
Movement logs
User/location-wise allocation
Asset transfer approvals
Assignment duration tracking
Reporting & Analytics
Gain insights into asset usage, depreciation, costs, and value with real-time reporting tools.
Core Features:
Depreciation summary reports
Asset valuation dashboard
Movement and allocation logs
Maintenance and downtime reports
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Benefits of Xtreem ERP
XTREEM ERP frequently offer industry-specific modules that can increase efficiencies and compliance for a given industry’s needs., keeping all data in one place, and improving collaborations across your organization. The best ERP software will boost productivity, cuts costs, and helps you make better decisions. With XTREEM ERP system, your business can achieve its goals and drive sustainable growth.
- Centralized Data Management
- Working Process Automation
- Efficiency and Productivity
- Reduced Operational Costs
- Regulatory Compliance
- Real-time Reporting
- Scalability and Risk Management
- Mobility and Flexibility
FAQ
What Is an ERP and How Does It Work?
An organisation has several operations and processes running in sync with one another. ERP or Enterprise Resource Planning is a software with an innovative approach with a key to effectively managing all operations in an industry.
An ERP software basically functions by focussing on key areas of an organisation, i.e. finance, sales, human resources, or logistics. The data from all the departments is then compiled onto one location which becomes easily accessible as and when the need arises.
What does ERP software do?
Is Xtreem an ERP system?
Why ERP application is Important for Business?
How Does an ERP software Work?
ERP system is a software which works by centralising the data. The system collects data from different domains of business, and then puts it onto a central location where user can access it. Thus, enabling a free flow of data.