ReALTrack AMS
Businesses that involve manufacturing, distribution, sales etc have physical assets. Selecting the right equipment for a particular job and maintaining its functionality, organizing replacements, minimizing disruptiveness, is a critical task for a management to increased Return on Investment.
Inability to locate the equipment when crucial, raises the expenditure. Time consumed in seeking assets affect productivity, and hence profitability. To remain competitive and increase profitability, enterprises should manage assets in a manner that drives them to success by superior inventory management consequently reducing operational costs. A proficient asset management program improves return-on-assets (ROA) and other metrics by reducing and controlling the enterprise cost structure.
ReALTrack-AMS is a real-time asset monitoring and management software, which simplifies asset management process by congregating and managing associated information regarding the assets in a timely and efficient manner. ReALTrack-AMS records asset movements automatically, and provides updated data in real time which is accurate thus enabling an organization manage its assets with automated information updates as opposed to maintaining a physical inventory. The outcome is a reduced overall asset base with improved asset utilization, increased productivity, purchase efficiency and maintenance, contributing to enhancement. This provides a sustainable upgradation in profitability reducing the cumbersome task of having employees handle excessive controls and maintaining reports.
ReALTrack AMS ensures effective asset management round the clock, where employees constantly have equipments, tools and other resources when required. Assets are tracked and the information delivered includes its associations, visitors, their assets, lost assets, unused assets etc. Closely monitored information includes movements, its association, and manitain records meticulously integrating business policies.
Features
- Helps financial management of the business by tracking, analyzing and manipulating fixed assets to meet specific needs.
- Maintains a database of fixed assets and its associations
- Tracks asset movement and confirms validity.
- Provides security alerts in case of asset mishandling, theft and discovery of lost assets
- Tracks visitors’ assets and appropriate reports generated.
- Reconciles RFID technology with Barcode Technology
- Records asset’s original and current location and notifies when dislodged
- Reports tags that are missing, replaced or moved.
- Handles asset depreciation calculations and generates reports.
- Prepares history and customized reports concerning the assets, tags, assets association and assets movement.
- 100% SmartInstrument pluggable and RFID middleware compliant.
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