Asset Management System

The Asset Management System by VMoksha is a solution designed to help businesses efficiently track, manage, and optimize their assets. According to the vendor, this centralized platform is suitable for small to large-sized companies across various industries, including facilities management, IT and technology, manufacturing and production, transportation and logistics, and healthcare.

Key Features

Asset Tracking: According to the vendor, the system allows users to track and manage assets throughout their lifecycle by assigning unique identification codes for easy tracking. Users can record detailed information, including location, status, and maintenance history, and generate reports on utilization, maintenance schedules, and depreciation.

Inventory Management: The vendor claims that the system helps maintain accurate inventory records of all assets, tracking stock levels, reorder points, and supplier information. Users can receive notifications for low stock or expiring items, conduct regular audits, and reconcile discrepancies.

Maintenance Scheduling: The system enables users to create and manage maintenance schedules for assets, set up automated reminders for routine tasks, track maintenance history and costs, and generate reports to analyze trends, according to the vendor.

Asset Lifecycle Management: According to the vendor, users can plan and manage the entire lifecycle of assets from acquisition to disposal. The system allows users to track depreciation, calculate asset values over time, monitor performance, and make informed decisions about repairs, replacements, or upgrades while ensuring compliance with regulatory requirements.

Work Order Management: Users can create and assign work orders for asset maintenance or repairs, track progress, allocate resources efficiently, and generate reports to analyze productivity, according to the vendor.

Mobile Accessibility: The vendor states that users can access the asset management system from mobile devices, scan asset barcodes or use GPS for accurate tracking, capture and upload photos, notes, and other relevant information on the go, and enable field technicians to update asset information and complete work orders remotely.

Reporting and Analytics: The system allows users to generate customizable reports on asset performance, maintenance costs, and inventory levels, according to the vendor. Users can analyze data to identify trends, optimize asset utilization, and reduce costs. The vendor also claims that the system provides insights into lifecycles, maintenance schedules, and compliance requirements.

Integration and Scalability: According to the vendor, the system can integrate with other business systems such as ERP, CRM, or financial software. It supports scalability to accommodate growing portfolios and user bases, enables data synchronization across multiple locations or departments, and provides secure and reliable data backup and recovery options.