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Asset Management

part of the ProcureIT -- Spend Management Suite product line, by Verian Technologies

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The Asset Management module does more than calculate depreciation and track physical locations of assets. It includes a fully automated services component that tracks all activity — maintenance work, repairs, etc. — associated with equipment, furniture and facilities.

Specifically, the Assets module enables you to:

  • Track the entire lifecycle of the asset from time of requisition through the delivery, warehousing, and use to disposal.
  • Determine an accurate total cost of ownership for each asset
  • Track leases and tranfers
  • Schedule, record and monitor maintenance activities, including repairs, upgrades and warranties all in one automated system
  • Calculate depreciation, choosing from multiple types of calculations
  • Produce electronic work orders for service on an asset
  • Invoice vendors electronically for services performed on an asset
  • Produce complete audit trails for each asset
  • Make better asset purchasing decisions with reliable data at your fingertips

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