The Enterprise Platform for Physical Asset Governance.
Transform how your organization manages fixed assets. AssetX brings AI-powered physical verification, FAR reconciliation, and lifecycle governance together into one production-ready platform designed for scale.
AI Verification with ScanIQ
Process thousands of physical verification records in parallel with ScanIQ. Our proprietary AI engine performs automated asset recognition, condition assessment, category resolution (L1-L4), and tag validation from images. Batch processing with duplicate prevention, dynamic field mapping, and offline-first architecture for field deployments.
Learn more about ScanIQ90% Time Saved
High Accuracy
Real-Time Alerts
90%
reduction in manual audit effort
*Source: Based on enterprise customer pilot results comparing manual vs ScanIQ audits.
Report
The Future of AI in Physical Asset Audits
ScanIQ transformed our annual audit from a three-month nightmare into a two-week breeze. The AI recognition is incredibly accurate even for complex industrial equipment.
Rajesh Kumar
Operations Head, Industrial Corp
Continuous FAR Reconciliation
Multi-criteria matching algorithm automatically reconciles Fixed Asset Register data with physical verification across 50+ configurable fields. Enterprise-grade performance with Redis caching (900s TTL), warranty tracking, bulk CSV import/export, and smart discrepancy analysis with fuzzy matching for asset tags and serial numbers.
Explore Reconciliation Workflows90% Time Saved
High Accuracy
Real-Time Alerts
99%
accuracy in Fixed Asset Register maintenance
*Based on internal benchmarks for reconciled asset records.
Report
Best Practices for Financial Asset Compliance
The ability to see exactly what's missing from our register compared to our floor walk in real-time is a game-changer for our finance and audit teams.
Anita Sharma
Chief Financial Officer, Global Logistics
Full Asset Lifecycle Control
Complete asset governance from procurement through disposal with CWIP tracking (capital work in progress with move order integration), lease/rental management (lessor/lessee tracking with payment schedules), asset transfers with E-way bill generation (Whitebooks API), automated depreciation (SLM/WDV), and disposal workflows with approval chains.
View Lifecycle Features90% Time Saved
High Accuracy
Real-Time Alerts
34%
increase in asset useful life through tracking
*Based on customer data regarding proactive maintenance scheduling.
Report
Maximising ROI through Asset Lifecycle Management
We finally have a complete history for every laptop and server in the company. Transfers between departments are now documented and signed off digitally.
Vikram Singh
IT Asset Manager, TechSolutions
Integrated P2P Workflows
Complete procurement lifecycle from Purchase Requisition (multi-level approvals, mandatory attachments, urgency tracking) through PO generation (vendor quotation comparison) to GRN matching (dashboard metrics, overdue tracking 7+ days) with automated GL entry posting on approval—debit Inventory-GRNI, credit AP-Supplier with duplicate prevention and retry logic.
Discover P2P Capabilities15x Faster Cycle
Lower Leakage
Live Visibility
15x
faster approval cycles for asset procurement
*Based on automated multi-level approval benchmarks.
Report
Streamlining Enterprise Procurement with AssetX
The integrated approval system ensures that every asset we buy is authorized and automatically added to our register upon delivery. No more manual entry errors.
Sarah Jenkins
Procurement Director, Retail Hub
Enterprise-Grade Security & On-Premise
Multi-tenant architecture with granular RBAC powered by Spatie Laravel Permissions. Permission-based data filtering (_all vs _own scopes), super admin override, approval authorization checks, comprehensive audit trails for all CRUD operations, Azure Blob encryption at rest, HTTPS-only API, and complete tenant data segregation with custom policies.
Review Security Specifications90% Time Saved
High Accuracy
Real-Time Alerts
0
security breaches reported since inception
*Based on internal security audit and 24/7 monitoring logs.
Report
IT Security & Deployment Guide for AssetX
The option to host AssetX on our own internal servers was the deciding factor. It meets all our data governance and sovereignty requirements perfectly.
David Chen
Chief Information Officer, FinTech Corp
Enterprise Pricing Built for Scale.
Transparent plans for high-volume asset operations. Unlimited users, no per-user fees, and flexible deployment options.
Business
For large enterprises
per month • 15GB storage • Best for 15k assets
Includes 7-day free trial
Enterprise
Custom solution for large organizations
Contact sales for custom pricing
Custom storage and custom deployment options
Everything in Business, plus:
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