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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.

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.

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.

Track Every Branch and Office Asset in One Place 

No more spreadsheets. No more last-minute audit scrambles.

The Problem 

Banks with many branches end up with asset data spread across multiple spreadsheets and departments. Nobody has a clear picture — and audits become stressful. 

How Durapid Helps 

Durapid gives one live dashboard for every asset across every location. Depreciation runs automatically. Audit reports are generated with one click. 

  • One dashboard for all assets everywhere 
  • Depreciation calculated automatically 
  • Full maintenance history per asset 
  • Audit report ready in one click 

Result:  Teams stop building reports manually and walk into audits fully prepared. 

Never Miss a Service Date on Medical Equipment 

Get alerted before anything breaks down — not after. 

The Problem 

Hospitals miss service and contract deadlines because they track them manually. Missed maintenance creates unexpected breakdowns and real problems.

How Durapid Helps 

Durapid tracks every piece of equipment and sends alerts at 30, 15, and 7 days before any service or contract deadline. Nothing is ever a surprise. 

  • Service and contract dates tracked per asset 
  • Alerts at 30, 15, and 7 days before deadlines 
  • Full contract and warranty history stored 
  • Dashboard showing what needs attention this month 

Result:  Equipment stays maintained, breakdowns go down, and service costs reduce. 

Know What You Actually Own Across Every Campus 

One clear record for labs, classrooms, and equipment — everywhere. 

The Problem 

Universities buy new equipment and later discover they already had it somewhere else. Assets that exist on paper but not in reality inflate costs and cause problems. 

How Durapid Helps 

Durapid creates a clear record for every asset with a photo and location. Items that no longer exist are automatically flagged. Campus and department reports take seconds. 

  • Photo and location record for every asset 
  • Auto-flags assets that no longer exist 
  • Campus and department level reports 
  • Purchase and depreciation history per item

Result:  Institutions stop buying things they already own and always know what is where. 

Service Machines Based on How Hard They Are Working 

Maintenance scheduled by actual usage — not the calendar. 

The Problem 

Factories schedule maintenance by month regardless of how much a machine has actually run. Heavy machines break before service day. Light ones get serviced unnecessarily. Both waste money. 

How Durapid Helps 

Durapid tracks actual runtime hours per machine and schedules maintenance when a usage threshold is hit. Your team gets notified automatically — before anything breaks. 

  • Maintenance triggered by actual runtime hours 
  • Automatic notification when a machine is due 
  • Usage history for every machine 
  • Connects with existing systems 

Result:  Unplanned breakdowns go down. Machine life goes up. Spend goes where it is needed. 

Get a Full Asset Report Across All Plants Instantly 

Stop manually merging spreadsheets before every audit or review. 

The Problem 

Finance teams at multi-plant companies spend days pulling asset data from different locations and merging it. It is slow, error-prone, and stressful before every audit. 

How Durapid Helps 

Durapid consolidates all asset data from every plant into one system. Any report — by location, type, or value — is ready in seconds. 

  • All plants in one system 
  • Any report generated in seconds 
  • Accurate depreciation across all sites 
  • Audit reports at the click of a button 

Result:  Finance teams get hours back and go into reviews with accurate, ready data. 

Track Construction Equipment Across All Sites 

Know where every machine is and whether it is actually being used.

The Problem 

Developers running multiple projects lose track of expensive equipment. It gets moved, sits idle, or disappears — and gets purchased again unnecessarily. 

How Durapid Helps 

Durapid tracks every machine with a simple scan. Location updates every time it moves. If something has not been logged in 48 hours, an alert fires. 

  • Scan-based tracking at every site 
  • Location updated every time equipment moves 
  • Alert if equipment is inactive for 48 hours 
  • Utilisation view across all project sites

Result:  Equipment loss goes down. Idle assets get redeployed. Teams know what they have. 

Keep Every Vehicle Maintained and Ready 

Insurance, fitness dates, and service — all in one place. 

The Problem 

Logistics companies lose vehicles to avoidable downtime — an insurance renewal missed, a service skipped — because these are tracked in separate spreadsheets nobody updates.

How Durapid Helps 

Durapid keeps every vehicle’s insurance, service schedule, and documents in one dashboard. Reminders go out before anything lapses.

  • Insurance and documents tracked per vehicle 
  • Automatic reminders before anything expires 
  • Service schedule for every vehicle 
  • Full fleet visible in one dashboard 

Result:  Vehicles stay on the road. Downtime from missed renewals stops. 

Know When Store Equipment Needs Attention — Before It Breaks 

Stay ahead of POS failures and equipment downtime across all stores. 

The Problem 

Retail chains only find out a POS terminal or refrigeration unit has failed when a store calls to report it. By then, revenue is already being lost. 

How Durapid Helps 

Durapid tracks every asset in every store. When something is overdue for service or approaching end of life, the central team is flagged before it becomes a problem. 

  • Asset health tracked per store location 
  • Service alerts before contracts lapse 
  • End-of-life flagging for early replacement planning 
  • Central view across all locations 

Result:  Equipment failures go down significantly and refurbishment becomes planned — not reactive. 

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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