Management Solution that brings about fresh lease of life in Lifecycle Management of Capital Assets Companies small, medium and large are contemplating a shift to better and more intelligent Capital Asset Management Solutions. Solutions that not only meet their present day needs but the one that can also grow with their businesses. Almost every company is engaged in identifying a suitable Capital Asset Management Solution that will help them realize better performance throughout their organizations.
It is not just a register where handwritten records of assets are kept, it is all about, Lifecycle based Capital Asset Management. CAMERA-Smart Asset ID™ has evolved into a more matured and stable solution and as the General Manager of a Multinational Corporation rightly put it, “ CAMERA-Smart Asset ID™ has become the Lifeline of our company”,
CAMERA-Smart Asset ID™ gives an insight into the asset management processes and enables companies to identify overloaded assets or under utilized assets based on utilization ratios. CAMERA-Smart Asset ID™ enables companies to manage the entire life cycle management of capital assets from the day they are procured till the time they are either sold or disposed. During the process, companies can get timely information about the status of assets, where they are, who is using them, cost of ownership, downtime and history reports-all these while keeping the auditors and accountants happy by providing monthly, quarterly and annual depreciation reports along with the mandatory fixed asset register.
 Barcode Technology:
CAMERA-Smart Asset ID™ is a software and hardware solution catering to the needs of small, medium and large companies. CAMERA-Smart Asset ID™ helps you not only to maintain capital asset database but also helps in planning your future procurement based on total cost of ownership. CAMERA-Smart Asset ID™ is based on the principles of barcodes, wherein all the capital assets are uniquely identified, and also can be tracked using a barcode scanner. This enables companies to know the exact ownership of assets, with location and status.
Ownership Costs at fingertips:
CAMERA-Smart Asset ID™ comes with a maintenance module “@YourService”. With this users, can raise a complaint about non-functioning of assets and concerned people can fulfill the maintenance of assets, without involving any paperwork, provided the software is deployed in a networked environment. CAMERA-Smart Asset ID™ also generates gatepasses so that there is a paper trail about the movement of assets, within and outside the company. All costs incurred to maintain an asset is captured and at any given time, users can know how much it costs to maintain any equipment.
Forget Administration Problems:
CAMERA-Smart Asset ID™ has a feature to remind users about the expiry of warranty, when insurance is due, when Annual Maintenance Contract(AMCs) are expiring, when a particular asset is due for calibration, service or maintenance, when an asset is due from maintenance. This information can come to users’ mailbox and/or the user can get a report on demand.
Consumable Management:
CAMERA-Smart Asset ID™ comes with a built in feature to keep track of spares and consumables for the capital assets. With this feature, users can learn how much each asset is using or what it is using. As an example, one of our top customers has stopped using inkjet printers because they found out it is more cost effective to use laser printers than inkjet printers!!
Financial Reports:
CAMERA-Smart Asset ID™ generates lot of reports such as depreciation reports, capital asset registers, sale and disposal of assets, equipment downtime report, utilization report and history report. With these and other reports, you can easily project your future asset requirements and use this tool to get better deals with vendors.
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