Technology That Powers Complete Asset Control.
Built on modern architecture with AI at its core. AssetX combines ScanIQ computer vision, automated accounting, P2P workflows, and enterprise-grade security into one powerful platform.
ScanIQ - AI-Powered Verification
Turn slow physical audits into fast digital workflows. ScanIQ recognizes assets from photos, auto-fills specifications, and flags discrepancies instantly.
Explore ScanIQ capabilities90% Time Saved
High Accuracy
Real-Time Alerts
90%
reduction in verification time
*Compared to manual clipboard-based audits across enterprise deployments.
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The ROI of AI in Physical Asset Verification
Process 10,000+ assets per hour
ScanIQ uses parallel processing and computer vision to verify thousands of assets simultaneously. Batch upload, intelligent recognition, and automatic FAR matching—all in real-time.
Automated Accounting Integration
Every transaction posts to your ERP automatically. GRN approvals trigger GL entries. Capitalization moves CWIP to Fixed Assets. Depreciation calculates monthly. Zero manual work.
See accounting automation100% Auto Posting
60% Faster Close
Instant Logs
100%
automated GL posting
*With retry logic and transaction safety for failed postings.
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Eliminating Manual Entry in Asset Accounting
Zero-touch accounting at enterprise scale
Background processing handles heavy GL posting loads without blocking. Failed entries retry automatically with exponential backoff. Transaction safety ensures your books stay accurate even during failures.
Procure-to-Pay Automation
End-to-end procurement automation from requisition to payment. Multi-level approvals, budget checks, vendor comparison, three-way matching, and automated GRN-to-asset creation.
Discover P2P features90% Time Saved
High Accuracy
Real-Time Alerts
15x
faster approval cycles
*With automated routing vs. email-based manual approvals.
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Streamlining Enterprise Procurement
Handle 1,000+ concurrent approvals
Optimized workflows and high-throughput data handling ensure smooth performance even when hundreds of users raise requests simultaneously across multiple locations.
Enterprise Platform & Security
Built for scale with resilient architecture, fast performance, secure storage, queue-based processing, enterprise authentication, granular RBAC, and on-premise deployment options.
Review security specs99.9% Uptime
Tenant Isolation
Disaster Ready
99.9%
uptime with enterprise SLA
*For hosted deployments with redundant infrastructure.
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Security & Deployment Architecture Guide
99.9% uptime with redundant infrastructure
Multi-tenant architecture with tenant data isolation, horizontal scaling capabilities, and disaster recovery. Deploy on Azure, AWS, or your private cloud with the same reliability.
Built for Enterprise Scale
Modern architecture designed to handle millions of assets, thousands of users, and complex enterprise workflows without breaking a sweat.
AI-Powered
Computer vision for asset recognition, condition assessment, and automated field verification.
High-Speed Caching
Intelligent caching for lightning-fast dashboard loads and real-time analytics.
Cloud Native
Secure document storage, queue-based processing, and auto-scaling infrastructure.
Enterprise Security
SSO/SAML, granular RBAC, end-to-end encryption, comprehensive audit trails.
Mobile First
iOS & Android apps with offline capability, barcode scanning, GPS tagging.
ERP Integration
Bi-directional sync with SAP, Oracle, Tally through REST APIs and connectors.
On-Premise Ready
Deploy on your infrastructure for data sovereignty and regulatory compliance.
Compliance Built-In
Ind AS, GST, SOC 2, HIPAA ready with automated compliance reporting.
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