One Platform. Complete Asset Control.
From procurement to disposal, AssetX manages your entire asset lifecycle. Procurement, inventory, verification, compliance, and finance—all unified in one powerful platform.
Complete Asset Lifecycle Management
From Procurement to Disposal
AssetX covers every stage of your asset journey. No gaps. No silos. No surprises.
Unified Asset Lifecycle Platform
The Challenge
Procurement, inventory, and finance use different tools. No single source of truth. Data doesn't sync. Decisions are made blind.
AssetX unifies procurement, inventory, verification, and finance in one platform. From the moment you request a purchase to asset disposal—every step tracked, every record connected, every report accurate.
ScanIQ - AI-Powered Verification
The Challenge
Your team spends 3-4 months manually verifying assets. Excel sheets, clipboards, and human error plague the process.
Scan thousands of assets with our mobile app. AI recognizes assets from photos, auto-populates fields, and flags discrepancies instantly. Your annual audit completes in a week—not a quarter.
Fixed Asset Reconciliation
The Challenge
Assets on the books that don't exist. You're paying depreciation, insurance, and taxes on thin air.
Automatic matching of physical verification against your FAR. Ghost assets identified immediately. Missing items flagged for investigation. Your books finally match reality.
Procure-to-Pay Automation
The Challenge
Departments buying without approval. No visibility into spend. Budget overruns discovered too late.
Purchase requisitions with built-in budget checks. Multi-level approvals that actually work. Automatic PO generation. Three-way matching before any payment. GRN triggers asset creation automatically.
Real-Time Inventory Control
The Challenge
Don't know what's in stock, what's on order, or where items are located. Stockouts and overstocking cost money.
Track stock levels across all locations in real-time. Automatic reorder points prevent stockouts. Put-away, move orders, and transfers—all digitized. Integration with procurement means no double-purchasing.
Audit-Ready Compliance
The Challenge
Scrambling for documents. Discrepancies everywhere. Statutory auditors finding issues you didn't know existed.
Complete audit trail for every transaction. Digital documentation attached to every asset. One-click generation of statutory reports. CWIP tracking, lease management, and risk matrices built-in. When auditors arrive, you hand them a login—not a file cabinet.
Stop Manual Work.
Start Automation.
Every manual touchpoint is a chance for error and delay. AssetX automates accounting, logistics, and verification—so your team focuses on decisions, not data entry.
Stop chasing missing GL entries.
AssetX posts debit/credit entries automatically on GRN approval. CWIP capitalization, depreciation schedules, and ledger reconciliation happen without a single keystroke.
AI Powered
Real-time Processing
GL Entry Auto-Post
GL ENTRY
DR-501023
AMOUNT
₹2,45,000
STATUS
POSTED
AUTO-POSTING ENTRIES...
Automation
10,000+ Assets
Processed Daily
Stop Waiting for
Field Data — Get It Now
The biggest delay in asset audits? Waiting for field teams to return and manually enter data. AssetX mobile app eliminates that delay entirely. Real-time sync means your dashboard updates as field teams work—even without internet.
Real-time Sync
Dashboard updates instantly
Zero Data Loss
Offline mode saves everything
10x Faster Verification
Scan, don't type
Works Anywhere
Remote sites, basements, anywhere
MOBILE FIELD TEAMS
Your Field Team's Superpower
Field auditors used to carry clipboards and Excel sheets. Now they carry everything in their pocket—offline access, barcode scanning, GPS tagging, and instant sync. No more back-office data entry. No more "I'll update it later."
Why Choose AssetX?
A modern approach to asset management—unified, intelligent, and built for how teams actually work.
Built for Teams Across Industries
Frequently Asked Questions
Everything you need to know about complete asset lifecycle management
AssetX is the only platform that covers the complete asset lifecycle—from procurement to disposal:
• Procurement to Asset Creation: P2P automation with automatic asset capitalization on GRN
• Inventory Management: Real-time stock tracking, put-away, and transfers
• Physical Verification: AI-powered ScanIQ for lightning-fast audits
• Finance & Compliance: CWIP tracking, lease management, depreciation, and audit-ready reports
• Risk Management: Built-in RCM and Risk Asset Matrix for compliance
Most tools handle one piece. AssetX handles everything in one unified platform.
AssetX manages every stage of your asset journey:
1. Procurement: Purchase requisitions, approvals, and PO generation with budget controls
2. Receipt & GRN: Goods receipt with automatic GL posting and asset creation
3. Inventory: Stock tracking, put-away, move orders, and transfers
4. Deployment: Asset assignment to users/locations with acknowledgment
5. Operations: Maintenance tracking, job management, and work orders
6. Verification: AI-powered physical audits with FAR reconciliation
7. Compliance: CWIP capitalization, lease management, and risk tracking
8. Disposal: Asset retirement with proper accounting and documentation
Every step is connected. Every record is traceable.
AssetX complements or replaces your ERP asset modules, depending on your needs:
• ERP Integration: Bi-directional sync with SAP, Oracle, Tally, and custom ERPs
• GL Posting: Automatic accounting entries posted directly to your ERP
• Master Data Sync: Vendors, cost centers, and chart of accounts stay synchronized
• Standalone Option: AssetX can function as your primary asset management system
Most customers keep their ERP for core accounting but use AssetX for operational asset management—where ERPs typically fall short.
Typical implementation takes 2-4 weeks for mid-sized enterprises, 4-8 weeks for large organizations:
Week 1: Setup & Configuration
• Instance provisioning and user creation
• Chart of accounts and location hierarchy setup
• Approval workflows and role definitions
Week 2-3: Data Migration
• Import existing asset registers
• Vendor and master data synchronization
• Historical transaction import (if needed)
Week 3-4: Training & Go-Live
• Admin and user training sessions
• Mobile app deployment to field teams
• Parallel run and cutover
Enterprise implementations with complex integrations may extend to 6-8 weeks.
AssetX was built for distributed enterprises. Multi-location management includes:
• Hierarchical Structure: Country → State → City → Site → Building → Floor → Room
• Location-Based Permissions: Site managers see only their assets and data
• Inter-Site Transfers: Full custody tracking when assets move between locations
• Consolidated Reporting: Enterprise-wide visibility with drill-down to individual sites
• Offline Mobile App: Field teams verify assets without connectivity, sync when online
Our largest customer manages 200+ locations with 100,000+ assets from a single dashboard.
AssetX handles complex asset accounting out of the box:
CWIP (Capital Work in Progress):
• Track assets under construction separately
• Capitalize to fixed assets when ready with automatic GL entries
• Maintain full history from procurement to capitalization
Lease Management:
• Right-of-use asset tracking per Ind AS 116/IFRS 16
• Lease liability calculations and amortization schedules
• Automated journal entries for lease accounting
Depreciation & Impairment:
• Multiple depreciation methods (SLM, WDV, custom)
• Component-level depreciation for complex assets
• Impairment testing and adjustment workflows
The AssetX mobile app is your field team's superpower:
• Offline-First: Verify assets without internet, sync when connected
• Barcode/QR Scanning: Instant asset identification using device camera
• Photo Documentation: Condition verification with timestamp and GPS metadata
• ScanIQ AI: Recognize assets from photos, auto-fill specifications
• Real-Time Sync: Verification data appears instantly on the dashboard
• Multi-Job Support: Handle multiple audit jobs simultaneously
No more clipboards, Excel sheets, or back-office data entry. Available for Android and iOS. Works on basic smartphones—no special hardware needed.
Yes. AssetX transforms audit preparation from a scramble to a non-event:
• Complete Audit Trail: Every asset movement tracked with user, timestamp, and approval
• Document Vault: All invoices, GRNs, and supporting docs attached to assets
• One-Click Reports: FAR reconciliation, verification summaries, discrepancy reports
• Digital Sign-Offs: Auditor-ready approval chains with legal validity
• Compliance Dashboards: Risk matrices, CWIP status, and lease schedules
When auditors arrive, you hand them a login—not a filing cabinet. Most customers report 80% reduction in audit query resolution time.
One Platform. Complete Control.
Transform your asset management with a unified platform. From fragmented systems and manual processes to complete visibility and control.
Free 14-day trial • No credit card required • Setup in 24 hours