Tracet logo

Tracet

by Adaequare Info · Since 2001
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ActiveAvailable globallyCloudOn-premise
Quick facts
VendorAdaequare Info
Year launched2001
StatusActive
LocationFirst Floor, Display Building, NAC Campus, Cyberabad, Kondapur Post, Hyderabad - 500 084, Telangana.
Countries servedGlobal
Languages18
IntegrationsN/A
Free tierN/A
Free trialN/A
Contact salesYES

About Tracet

Tracet is a Fixed Asset Management software from Adaequare Info that supports asset tracking, audit reconciliation, and reporting for businesses in various industries. It combines Fixed Asset Management, ServiceDesk, Mobile Auditing, IT Asset Management, and Capital Work in Progress so organizations can efficiently manage their assets throughout their lifecycle. Designed to cater to diverse business needs, Tracet allows for real-time asset visibility and improved compliance during audits. With its mobile auditing feature, users can easily conduct audits from various locations, while the IT Asset Management function ensures all technology assets are accounted for. Key capabilities: Fixed Asset Management ServiceDesk Mobile Auditing IT Asset Management Capital Work in Progress Best for: businesses that need to manage physical and digital assets effectively.

Tracet offers a robust Fixed Asset Management software available as a SaaS and mobile application, designed to help organizations track, manage, and optimize their assets effortlessly. The platform provides essential modules for both fixed assets and IT assets. For fixed assets, it handles the full lifecycle, from procurement and CWIP through to automated depreciation calculation, maintenance tracking, and detailed auditing and reporting. The IT Asset Management feature centralizes control over hardware and software inventory, ensuring cost control and reduced risk, complemented by a ServiceDesk for streamlined incident and SLA management. Deployment is facilitated through expert Implementation Services, ensuring seamless integration of the cloud-based solution. The mobile application further enhances asset tracking and verification flexibility. Key benefits realized by customers across sectors like Manufacturing, Healthcare, and the Public Sector include improved asset visibility, accurate depreciation, and optimized asset utilization, leading to significant cost savings. The comprehensive service suite also includes physical Asset Verification & Tagging and maintaining a detailed Fixed Assets Record for audit readiness.

Pros & Cons

Pros
  • Enables real-time tracking of assets through QR code and barcode scanning for improved accuracy and control
  • Supports management of large asset inventories across multiple locations, creating a centralized source of truth
  • Streamlines asset lifecycle management from acquisition to disposal, improving operational efficiency
  • Provides user-friendly interface, making it accessible for teams with varying technical expertise
  • Facilitates audit trails and monitoring of asset movements to prevent theft and misuse
Cons
  • Advanced automation features could be enhanced to reduce manual input
  • Some users feel the interface could be more intuitive for large-scale asset management
  • Reporting tools may be insufficient for detailed analysis or custom requirements
  • Initial setup and data migration can be time-consuming for large organizations
  • Certain users experience occasional software glitches or inconsistencies

Features

Key features

Asset Lifecycle Management

Track and manage assets from procurement through retirement to ensure accurate records and audit readiness.

Automated Depreciation

Calculate depreciation automatically according to configured schedules to reduce manual accounting errors.

Multi-location & Department Tracking

Consolidate and manage asset data across multiple sites, branches, and cost centers.

Barcode, QR-Code, RFID Tagging

Use modern tagging technologies for efficient asset identification, verification, and tracking.

Custom Reports & Dashboards

Create real-time, role-based dashboards and reports for comprehensive asset visibility.

Audit & Compliance Support

Ensure assets and their financial records meet regulatory compliance and are ready for audits.

Maintenance Tracking & Service-Desk

Raise, track, and resolve service tickets with SLA management and automated workflows.

Additional features

CWIP Tracking

Monitor capital work in progress to manage ongoing asset investments efficiently.

Procurement Module

Streamline asset acquisition processes from requisition to approval and delivery.

Asset Allocation

Assign assets to users, departments, or locations to ensure accountability and utilization.

Asset Transfer

Track internal and external transfers of assets across departments or locations.

Asset Retirement / Disposal / Let-out / Let-in Management

Manage all aspects of asset retirement, lease, or lending processes.

Maintenance Tracking

Schedule and monitor preventive and corrective maintenance activities for all assets.

Lease Management

Manage leased assets, track lease terms, and associated costs.

Full Lifecycle History

Maintain detailed logs of all asset-related events, transactions, and changes.

Asset Auditing Module

Conduct physical audits and reconcile asset records with real-world inventory.

Asset Reporting

Generate detailed reports on asset utilization, status, and depreciation.

Asset Utilization Analysis

Analyze asset usage patterns to identify underutilized resources.

Document Management

Attach and manage invoices, warranties, certificates, and images linked to assets.

Role-based Access & Security

Control user permissions to secure sensitive asset data.

Workflow & Business Process Management

Automate approvals, alerts, and workflows for asset-related tasks.

Integration / API

Connect to ERP systems, barcode devices, RFID systems, and mobile devices for seamless operations.

Pricing

Free trial
Free version
Request a quote
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Countries & Languages

Global
Countries served
18
Interface languages
10
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchRussianChineseJapaneseKoreanArabicTurkishPolishSwedishNorwegianDanishFinnish.

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇸🇪SEK🇳🇿NZD

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