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Asset Management Module
The Asset Management Module in eresource ERP enables organizations to effectively manage their fixed and movable assets through their entire lifecycle.
Asset Management Module
enables organizations to effectively manage their fixed and movable assets through their entire lifecycle.
Why choose this module
Complete Asset
Lifecycle Tracking
Monitor every stage from purchase to retirement with centralized records.
Automated
Management
Accurate, rule-based calculations for multiple asset categories.
Preventive Maintenance
Reduce breakdowns through timely inspections and service alerts.
Seamless Integration
Depreciation, capitalization, and transfer automatically reflected in ledgers.
Real-time Visibility
Get instant insight into asset value, usage, maintenance, and ROI.
Asset Lifecycle
Complete asset lifecycle in one system
Request and approve asset purchases or capitalisation requests.
Capture acquisition details, vendor, cost, and assign asset IDs/tags.
Assign assets to departments, locations, or custodians with transfer records.
Activate assets into service and record utilisation start dates.
Schedule preventive maintenance and log corrective repairs.
Track spare parts consumption and maintenance costs per asset.
Revalue, reassign, or upgrade assets with full approval trails.
Dispose, sell, or retire assets with gain/loss posting and audit documentation.
Core capabilities
- Maintain detailed asset profiles including location, category, and custodian.
- Assign asset codes, barcodes, or RFID tags for tracking.
- Group assets by department, project, or site.
- Record acquisition details, cost, and vendor info.
- Enable search and reporting by type or cost center.
- Supports multiple depreciation methods (SLM, WDV, etc.).
- Automated monthly or annual posting.
- Revaluation, capitalization, and disposal tracking.
- Seamless accounting integration for GL entries.
- Visualize asset value over time.
- Schedule preventive and corrective maintenance tasks.
- Auto-generate work orders for due services.
- Track spare parts and service history.
- Assign technicians and record costs.
- Reduce downtime with early alerts.
- Manage inter-location and inter-department transfers.
- Capture approvals and digital documentation.
- Auto-update registers upon transfer or disposal.
- Maintain audit trail of all movements.
- Comply with accounting and legal norms.
- Keep detailed logs for all asset transactions.
- Identify missing or misplaced assets instantly.
- Generate compliance-ready audit reports.
- Support for tax and regulatory standards.
- User-wise access controls and permissions.
- Get dashboards on asset utilization and cost.
- Track maintenance expenses by department.
- Forecast upcoming service or replacement needs.
- Export asset data in multiple formats.
- Visual charts for ROI and lifecycle analysis.
Integrations & APIs
- Auto-sync depreciation and capitalization with GL.
- Simplified cost center reporting.
- Real-time asset tracking via sensors or scanners.
- Instant alerts for unauthorized movement.
Automation examples (no-code)
Auto-notify technicians and supervisors before scheduled maintenance.
Trigger approval when new asset purchase or disposal is initiated.
Auto-post monthly depreciation to finance without manual entries.
Notify relevant departments upon successful inter-location transfer.
Role-based views
Finance Team
Monitor asset capitalization, depreciation, and valuation impact on financial statements.
Maintenance Team
Plan and track maintenance schedules, vendor AMCs, and breakdown reports.
Management
View asset utilization, cost trends, and return on investment insights.
Audit & Compliance Team
Access detailed logs, approvals, and statutory compliance reports.
KPIs to track
Asset utilization rate
Maintenance cost per asset
Downtime hours
Asset value depreciation trend
Return on Asset (ROA)
Preventive vs. corrective maintenance ratio
Frequently
Asked Questions
Get answers to common questions about Asset Management Module
What is the role of the Asset Management Module in ERP?
It helps organizations track, maintain, and optimize assets throughout their lifecycle, ensuring accurate valuation and maximum uptime.
Can the system calculate depreciation automatically?
Yes, eresource ERP supports automated depreciation using various accounting methods, integrated directly with the finance module.
Does it support barcode or RFID-based tracking?
Absolutely. Assets can be tagged and scanned for quick identification, transfer, or verification.
How does it help with maintenance management?
The module automates preventive maintenance schedules, tracks repairs, and logs associated costs.
Can reports be customized?
Yes, users can create custom reports and dashboards tailored to departments or specific KPIs.
Is it suitable for multi-location companies?
Yes, the system supports centralized asset visibility and controls across branches or sites.
Maximize asset life, minimize operational cost
With eresource ERP’s Asset Management Module, take full control of your assets — from acquisition to disposal — while ensuring compliance, efficiency, and sustainable value creation.
Email: sales@eresourceerp.com · Website: www.eresourceerp.com