HiVE - Enterprise Asset Management System

Why do you need to manage an asset?

To ensure that it is in working condition
To maximize the value from asset's utilization,
To procatively maintain the asset for enhacing its lifecycle and thereby reducing replacement costs leading to improved return on investment.
To prevent misuse / misplacement

People/Assets

Different categories of people using / seeking information about asset(s).

Management

Extensive reports
Quick profile review
Accurate value summary
Assistance in procurement decision making

Users

Quick asset profile reference
Effective issue log and tracking system
Inventory and usage reference
Attend to timely maintenance and repairs

Accounts

Location and usage status
Extensive reports
Depreciation summary
Quick profile review
Accurate value summary
Assistance in procurement decision making

Compliance Proper accounting of Fixed Assets in an enterprise is key compliance requirement for audit submits to government.

HiVE helps to effectively track the fixed assets and hence help auditors to prepare their compliance documents quickly and effectively.

Record Keeping Fixed Assets contribute more than 30-40% of value to the total assets of a business.

When proper records are not maintained, lot of value can be lost due to misplacements and mismanagement.

HiVE helps operational team to maintain the fixed assets by generating alerts when the maintenance is due or when an equipment has not been returned in appropriate time after been taken out for use.

The Transactional Records of asset movement is critical for proper house keeping of Fixed Assets.

Profile Understanding / recording asset profile CATEGORY
SUB-CATEGORY
PRODUCT TYPE
MAKE
MODEL
EXTENSION
MADE IN
PART NUMBER
INVOICE DATE
INVOICE NUMBER
CURRENCY
PRICE

Maintain detailed profile of the asset under well defined category and sub category structure. Records and stores all the essential parameters of a Fixed Asset

Value added features

Full asset life cycle management from Procurement through to Obsolescence and Disposal
Get notified when asset changes occur
Rapid deployment with minimal training needed
Accessible pricing model
Asset Tracking with full history with Bar-code capability
Powerful financials and depreciation computation engine
Configurable to meet the needs of large organizations

Summary

HiVE is a product and service solution
We hand hold and work with you till compliance is achieved
This means hassle free implementation without any additional work or responsibility to your personnel

HiVE helps you manage simple things which make a big difference