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Fixed Assets Management Tool

This platform brings order with real-time visibility, automated compliance, and predictive intelligence built on Microsoft Azure.
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What Healthcare Teams Struggle With

  • Fragmented Records: Assets tracked across Excel files, local databases, and branch-level systems. No single source of truth.
  • Asset Leakage: Devices go missing, unauthorized transfers happen, high-value equipment sits unmonitored after allocation.
  • Compliance Exposure: NABH, JCI, HIPAA, CAG audits demand lifecycle traceability. Manual reconciliations take weeks and introduce errors.
  • Capital Inefficiency: High-cost equipment underutilized in one facility while another struggles with capacity. Poor data drives poor procurement.
  • Manual Depreciation: Depreciation under Ind-AS, Companies Act, and IFRS takes weeks and raises misreporting risk.
  • Operational Risk: Unplanned downtime delays care in ICUs, OTs, and labs. Preventive maintenance gets missed until it’s too late.

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Their Challenges Addressed

Fixed Assets Management Tool (FAR) eliminates fixed asset chaos by delivering an end-to-end workflow for centralized asset tracking, structured approvals, automated depreciation, and audit-ready compliance reporting. Azure services form the foundation of the solution. It delivers complete lifecycle visibility, RFID/barcode-based tracking, predictive maintenance scheduling, and role-based portals. Finance, operations, and leadership teams can confidently review outcomes through Power BI dashboards, while Asset IQ enables conversational access to insights and reports.

Centralized Asset Repository

Centralized Asset Repository

One Source of Truth Azure SQL Database ensures every asset from CT scanners to office furniture is tracked in a single, secure environment.

Complete Lifecycle Visibility

Complete Lifecycle Visibility

Track assets from procurement to disposal. Know where it is, who owns it, its condition, and the next maintenance due date.

Automated Compliance Tracking

Automated Compliance Tracking

Prebuilt Depreciation Models Templates for Ind-AS, Companies Act, and IFRS eliminate manual calculations and ensure accuracy.

Digital Audit Trails

Digital Audit Trails

Every action logged with user details, timestamps, and approval workflows. Aligned with NABH, JCI, HIPAA, and CAG standards.

Predictive Maintenance Scheduling

Predictive Maintenance Scheduling

IoT-enabled monitoring, preventive alerts before failures, and complete maintenance history per asset to reduce downtime.

Advanced Analytics & Reporting

Advanced Analytics & Reporting

Power BI dashboards for CFOs (depreciation/compliance), COOs, and Boards (capital efficiency/ROI). Custom reports by department, location, asset type, or any parameter.

Ready to modernize your fixed assets workflow?

An AI-powered platform designed to modernize and optimize fixed asset operations.

Our Technologies

  • Data Engineering
  • Data Science
  • Database
  • Cloud
  • Emerging Tech
  • Mobile
  • Data Analytics
  • Frontend
  • Back End

How Our Solution Elevates Your Asset Governance

In today’s compliance-heavy healthcare environment, organizations need asset governance that is fast, traceable, and consistently reliable. Our fixed assets management platform brings structure and efficiency to every stage from asset onboarding and allocation to depreciation, maintenance, and disposal. Designed for Azure and Microsoft ecosystems, it empowers finance, compliance, operations, and biomedical teams with standardized workflows, audit-ready trails, and real-time insights. Whether you’re a single hospital or a multi-location chain, this solution ensures every asset is accountable, optimized, and always ready to support patient care.

 

Faster Asset Control: Centralized repository and bulk upload reduce setup and tracking effort.
Audit-Ready Compliance: Digital trails and automated reporting cut audit preparation time by up to 70%.
Reduced Leakage: RFID/barcodes, approvals, and traceability eliminate missing and unauthorized transfers.
Metrics-Led Decisions: Power BI dashboards reveal utilization, downtime, depreciation, and ROI patterns.
Proactive Equipment Uptime: Preventive alerts reduce unplanned downtime in critical departments.
Built for Microsoft: Azure-hosted, Microsoft 365 friendly, and Power BI embedded.

dashboard FAR

 

  • Healthcare Providers managing high-value medical equipment across departments and locations.
  • Educational Institutions tracking labs, IT infrastructure, and facilities.
  • Manufacturing Plants managing production equipment, tools, and machinery.
  • Government Agencies requiring transparent asset accounting and audits.
  • Large Enterprises with distributed assets needing centralized control

Frequently Asked Question

It provides complete digital audit trails, lifecycle history, and exportable compliance reports aligned with NABH, JCI, HIPAA, and CAG needs.

Yes. It includes prebuilt depreciation templates and supports custom depreciation formulas.

Yes. It supports preventive scheduling, alerts, and complete service history tracking.

Yes. It supports RFID/barcode generation and integration for physical tracking.

Yes. Multi-location and multi-currency support are available.

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