About Fixed Asset Management
Fixed Asset Management is a software platform from xAssets that provides an organized approach to managing fixed assets throughout their lifecycle. It combines asset tracking, depreciation management, and reporting tools so users can maintain accurate records and generate financial insights. The platform supports compliance with accounting standards and simplifies audits. Key capabilities: asset tracking depreciation calculation compliance reporting audit management user management Best for: financial professionals and asset managers that need to efficiently handle fixed asset records and reporting.
Fixed Asset Management by xAssets is a robust, enterprise-level software solution designed to help organizations track, control, and optimize the full lifecycle of their fixed assets. Its primary purpose is to streamline asset recording, depreciation calculations, compliance reporting, and physical audits across diverse industries. Key features include automated data collection, configurable workflows, barcode/RFID support, asset valuation tools, and comprehensive reporting dashboards. The system is built with scalability in mind, suitable for both mid-sized businesses and large enterprises with complex asset environments. The user interface is clean, modern, and highly configurable. xAssets emphasizes flexibility, enabling organizations to tailor screens, fields, and navigation layouts to their internal processes. The interface is web-based and easy to navigate, offering dynamic search tools, customizable views, and responsive design that works well across devices. While the depth of functionality may require initial onboarding, experienced users find the system intuitive once configured. In terms of functionality, the software stands out for its powerful data modeling, automated asset discovery features, and integration-friendly architecture.
Pros & Cons
- +Rapid implementation in days and browser-based access ensures quick time to value.
- +Flexible depreciation supports any formula and meets complex IFRS/GAAP compliance.
- +Powerful integration centralizes all asset and financial data from any source.
- +Free Express Edition for one user with no time limit makes it accessible for small users.
- +Comprehensive maintenance and lifecycle management extends asset life and reduces downtime.
- −Complex configuration for Enterprise is done by vendor, limiting in-house customization control.
- −Express Edition asset storage is limited to 1,000 assets per user, restricting growth.
- −Professional Edition pricing is not transparently listed and requires contact for a quote.
- −Pricing structure is based on users and asset blocks, which might become costly as a business scales.
- −No mention of a dedicated mobile app for disconnected field work, relying solely on a mobile browser.
Features
Key features
- Rapid Configuration and Time to Value
- The system can be quickly configured to meet complex requirements, often leading to enterprise implementation in days.
- Flexible Depreciation Engine
- It can calculate depreciation using any mathematical formula, supporting multiple books, currencies, and accounting standards (IFRS/GAAP).
- Comprehensive Planned Maintenance
- It includes a task scheduling system to organize servicing based on time and consumption, extending asset life and reducing downtime.
- Powerful Integration and Data Centralization
- The platform integrates with all sources of asset, accounting, and IT data with automatic updates.
- Browser-Based Single Page Application (SPA)
- Users can access the fast, slick interface from any device or browser with no app installation required.
- Granular Role-Based Access
- Users only see the specific functions and data they need, enhancing security and simplifying the user experience.
Additional features
- Full Lifecycle Asset Register
- It provides a detailed and rich-functionality record for assets throughout their entire lifespan.
- Depreciation Calculation
- The system calculates depreciation based on any formula, including table lookups.
- Asset Accounting and Budgeting
- It includes functions for financial tracking, accounting, and managing asset budgets.
- Barcoding
- The software supports barcoding for efficient identification and tracking of assets.
- Planned Maintenance
- It supports scheduling servicing based on time and consumption to increase asset reliability.
- Contract Management
- Users can manage and track contracts related to their fixed assets.
- Procurement, Approvals, and Receiving
- The platform handles the full process of purchasing assets, including approvals and receipting.
- Spare Parts and Storage
- It manages the inventory and location of spare parts for maintenance.
- Disposal and Obsolescence
- It tracks assets that are retired or no longer useful, including configurable calculations.
- Construction in Progress (CIP/CWIP)
- The system manages the financial and progress tracking of assets under construction.
- Workflow Construction
- Users can build new processes and workflows to match their exact operational needs.
- Integration to Any System/Web Service/API
- It connects to various systems like accounting, HR, IT toolkits, and web services.
- Data Import from Any Source
- It can load data from spreadsheets, documents, text files, and all other database systems.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About Fixed Asset Management
Fixed Asset Management is a software platform from xAssets that provides an organized approach to managing fixed assets throughout their lifecycle. It combines asset tracking, depreciation management, and reporting tools so users can maintain accurate records and generate financial insights. The platform supports compliance with accounting standards and simplifies audits. Key capabilities: asset tracking depreciation calculation compliance reporting audit management user management Best for: financial professionals and asset managers that need to efficiently handle fixed asset records and reporting.
Fixed Asset Management Details
Fixed Asset Management 's In-App Market Place
Does Fixed Asset Management have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), CAD (C$), EUR (€), GBP (£), AUD (A$), JPY (¥), CNY (¥), INR (₹), RUB (₽), BRL (R$), MXN (Mex$)
Pros & Cons
- Rapid implementation in days and browser-based access ensures quick time to value.
- Flexible depreciation supports any formula and meets complex IFRS/GAAP compliance.
- Powerful integration centralizes all asset and financial data from any source.
- Free Express Edition for one user with no time limit makes it accessible for small users.
- Comprehensive maintenance and lifecycle management extends asset life and reduces downtime.
- Complex configuration for Enterprise is done by vendor, limiting in-house customization control.
- Express Edition asset storage is limited to 1,000 assets per user, restricting growth.
- Professional Edition pricing is not transparently listed and requires contact for a quote.
- Pricing structure is based on users and asset blocks, which might become costly as a business scales.
- No mention of a dedicated mobile app for disconnected field work, relying solely on a mobile browser.
Fixed Asset Management 's Support Options
Contact
01225 704844Documentation
https://www.xassets.com/apiFixed Asset Management 's Alternatives
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