Expenzing Asset Manager logo

Expenzing Asset Manager

by Expenzing · Since 2010
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ActiveAvailable globallyCloud
Quick facts
VendorExpenzing
Year launched2010
StatusActive
LocationGlobal Headquarters Andheri East, 2nd Floor, Mirchandani Business Park, Mumbai, Maharashtra 400059, IN
Countries servedGlobal
Languages1
IntegrationsN/A
Free tierN/A
Free trialN/A
Contact salesYES

About Expenzing Asset Manager

Expenzing Asset Manager is a procurement software from Expenzing that provides visibility and control over spending. It combines strategic sourcing, RFP/RFI/RFQ management, and reverse auction features so organizations can achieve compliance and cost savings. The platform supports various procurement processes, including source-to-pay and procure-to-pay, ensuring efficient management of accounts payable and travel and expense management. With Expenzing Asset Manager, users can track expenses in real time and simplify procurement procedures. Key capabilities: Strategic Sourcing RFP/RFI/RFQ Management Reverse Auction Procure-to-Pay Procurement Best for: businesses that need careful oversight of spending and procurement activities.

Expenzing Asset Manager by Expenzing is a specialized fixed asset management solution designed to help organizations maintain compliance, streamline asset tracking, and improve financial accuracy. The user interface of Expenzing Asset Manager is designed to be straightforward and business-friendly. Its dashboard provides a clear overview of asset categories, depreciation schedules, and audit trails, making navigation intuitive even for non-technical users. The layout emphasizes simplicity, with logical menus and quick-access features that allow finance teams to locate records, update asset details, or generate reports with minimal effort. A notable design element is its integration with procurement and payables modules, which ensures that asset data flows seamlessly from acquisition to disposal without requiring duplicate entries. In terms of functionality and features, Expenzing Asset Manager offers a comprehensive suite tailored to compliance-heavy environments. It automates depreciation calculations according to statutory requirements, ensuring accuracy in financial reporting. The system maintains detailed audit trails, making it easier to meet regulatory standards and pass external audits. Asset lifecycle management is fully supported, covering acquisition, capitalization, transfers, and disposals.

Pros & Cons

Pros
  • Automated depreciation ensures compliance with statutory requirements.
  • Audit trails make external audits smoother and more reliable.
  • Lifecycle tracking covers acquisition, transfers, and disposals.
  • Reporting tools give clear insights into asset utilization and costs.
  • Linking procurement to asset records reduces duplicate entries and errors.
Cons
  • Setup can be lengthy when migrating large asset registers.
  • Customization options are limited for complex workflows.
  • Reports feel rigid compared to more flexible competitors.
  • Performance slows with very large datasets.

Features

Key features

Asset lifecycle

Manage acquisition to disposal with visibility

Integration

Connects with procurement and finance systems

Barcode tracking

Simplifies audits and real-time location tracking

Notifications

Alerts for maintenance and renewals

Approvals

Role-based workflows for compliance

Depreciation

Automates rules and accounting entries

Additional features

Asset register

Centralized records with updates

P2P integration

Aligns purchases with asset tracking

Maintenance reminders

Alerts for service and renewals

Audit trails

Enforced approvals for compliance

Accounting sync

Automates entries and asset values

Vendor tie-in

Links with vendor and contract modules

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
1
Interface languages
2
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD🇮🇳INR

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