Fix asset management system - RECOM can establish a system that efficiently tracks and manages all fixed assets throughout their lifecycle. This includes creating detailed records for each asset, updating information as needed, and accurately recording asset sales, services, distributions, and copyrights.
Challenges
The challenge at hand is to implement a robust Fixed Asset Management System - RECOM that efficiently tracks and manages all fixed assets throughout their lifecycle. This entails creating comprehensive records for each asset, maintaining up-to-date information, and accurately documenting asset transactions, including sales, services, distributions, and copyrights
Solution
The solution, Asset Management System - RECOM, offers a comprehensive set of features to support the organization's objectives. It enables real-time access to asset data from any location through its web-based and cloud-based platforms. The system ensures the acquisition of detailed and accurate asset information, including location, usage history, maintenance records, and asset valuation.
Additionally, it facilitates depreciation calculations based on both tax and commercial methods and provides barcode marking for precise asset identification. Furthermore, the system allows for asset visualizations with image data and offers complete documentation capabilities, including attachment functions for purchase orders, invoices, tax invoices, and proof of payment, ensuring thorough asset management and compliance.
