Transformation Stories

A Global logistic company automates the Fixed Assets Register

Challenge

  • Manual maintenance of Fixed Asset Register
  • Maintenance of proper records and reporting
  • Reporting of physical verification conducted
  • Reporting of discrepancies noticed in physical verification
  • Higher efforts and possibility of errors

Solution

The process of maintenance of Fixed Asset Register is automated by FAMS to ensure total and timely compliance.

Result

  • Accuracy in maintenance of assets
  • Ease of compliance
  • Prompt reporting
  • Better tracking of asset movements
  • Adherence to all Acts
  • Reduction in manhours
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