Asset lifecycle

Nine stages, one continuous record

Every asset moves through the same nine stages. Each one is backed by a specific feature in the product.

Stage 1

Purchase

Record cost, vendor, invoice and warranty at the point of purchase.

Stage 2

Create the asset with an auto-generated code and QR label.

Stage 3

Hand over to an employee with condition and expected return date.

Stage 4

Know where it is, who has it and what state it is in.

Stage 5

Raise maintenance tickets, log vendor and cost, schedule the next service.

Stage 6

Move between branches, departments or locations with full history.

Stage 7

Record the return and the condition on receipt.

Stage 8

Straight-line depreciation keeps book value current.

Stage 9

Retire the asset and keep the record for audit.

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