What is AsseTrack FAMS?
AsseTrack FAMS is a comprehensive web-based asset management system designed for efficient tracking and management of fixed assets across various organizations. The software provides a centralized platform that allows real-time monitoring of asset details including location, custodian, status, and movement history, while also handling depreciation calculations and generating statutory and business reports.
The system supports barcode scanning through specialized handheld terminals for accurate data capture and physical inventory management, streamlining asset audits by up to 70%. With features like LDAP integration for network access, Excel data import, and customizable reporting, AsseTrack FAMS helps organizations improve accounting practices, deter theft, conduct preventive maintenance, and enhance overall asset productivity.
Features
- Barcode Scanning: Supports specialized handheld terminals for accurate data capture and physical inventory management
- Centralized Asset Tracking: Provides real-time monitoring of asset details including location, custodian, status, and movement history
- Custom Reporting: Generates statutory, business and control-related standard and dynamic reports according to user demands
- Depreciation Management: Handles asset depreciation calculations as time passes by
- Data Import: Allows easy import of existing asset information via Microsoft Excel spreadsheets
- LDAP Integration: Supports Lightweight Directory Access Protocol for network-based access to centrally stored information
Use Cases
- Tracking fixed assets across multiple locations in real-time
- Conducting physical inventory audits using barcode scanning
- Managing asset depreciation for financial accounting purposes
- Generating statutory and business reports for decision making
- Preventing asset theft through systematic tracking and monitoring
- Managing asset allocation, capture, disposal, and check in/out processes
FAQs
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What types of organizations can use AsseTrack FAMS?
AsseTrack FAMS is designed for schools, companies, NGOs, county governments, churches, government parastatals, universities, colleges, oil and gas companies, and organizations of all sizes. -
How does the barcode scanning feature work?
The system supports specialized handheld barcode scanners that allow users to scan asset labels for fast and accurate data capture during physical inventory management. -
Can existing asset data be imported into the system?
Yes, users can easily import existing asset information from Microsoft Excel spreadsheets into the AsseTrack FAMS system. -
What kind of reports does the software generate?
The software generates statutory, business, and control-related standard and dynamic reports that can be customized according to user demands for decision making. -
How is the software deployed?
The web-based software can be installed on-premise at your server or on an internet server, allowing access from all devices and locations across branches.