FAMS

FAMS solution offers comprehensive asset lifecycle management, efficient purchase order management, streamlined asset requests, customizable approval workflows, and much more.

Highlights of FAMS:

  • Comprehensive Asset Lifecycle Management: From purchase to sales tracking, FAMS enables efficient management of assets along with user, department, and location tracking for enhanced control.
  • Efficient Purchase Order Management: Configurable workflows and personalized parameters streamline the end-to-end purchase order management process.
  • Tailored Inspection Checklist: Design unique checklists for goods received based on asset categories, enhancing procurement quality.
  • Real-Time Supplier Performance Rating: Evaluate and select the best suppliers in the market with real-time performance ratings.
  • Scheduled Reports: Receive reports on pending requests, GRNs, pending payments, and stock status, facilitating procurement assistance.
  • Easy Deployment: Quick setup with Excel-based master import templates and system-generated mailers for stakeholder notifications.
  • Compliance with Asset Record Requirements: Simplify compliance with record-keeping requirements through Fixed Assets Register, Schedule, and Depreciation Statements.
  • Asset Tracking and Analysis: Gain a 360-degree view of each asset and track movement by location, user, or department, analysing repair and AMC costs.
  • QR Code-based Physical Verification: Simplify periodic physical verification audits with a mobile app for scanning QR codes.
  • Renewal Alerts Management: Receive timely alerts for asset maintenance contract renewals.
  • Automatic Depreciation Calculation: Accurately calculate depreciation with a single click.
  • Asset Images & Documents: Attach purchase orders, sales bills, repair vouchers, and maintenance contracts, and store asset photos for easy identification.

PO Management Tool:

  • PO Creation: Generate purchase orders for acquiring new assets or parts.
  • Approval Workflow: Route POs through approval processes based on set criteria.
  • Tracking: Monitor PO status from creation to fulfilment and payment.
  • Integration: Seamlessly integrate with accounting systems to update financial records.
  • Vendor Management: Manage vendor relationships and communications.
  • Reporting: Generate reports on PO status, expenses, and vendor performance.

Ticketing Tool:

  • Issue Reporting: Users can report issues or maintenance needs related to assets.
  • Ticket Assignment: Assign tickets to maintenance teams or technicians.
  • Status Tracking: Monitor ticket progress from submission to resolution.
  • Communication Tools: Facilitate communication between stakeholders involved in resolving issues.
  • History and Documentation: Maintain a history of issues and actions taken for audit and analysis.
  • Reporting: Generate reports on issue resolution and asset maintenance.

Preventive Maintenance Tool:

  • Scheduled Maintenance: Plan and schedule routine maintenance tasks.
  • Work Orders: Generate, assign, and track maintenance tasks.
  • Checklists: Provide standardized procedures and checklists for maintenance activities.
  • Notifications: Automated reminders and alerts for upcoming maintenance.
  • History Tracking: Maintain a record of maintenance activities and asset history.
  • Reporting: Generate reports on maintenance schedules, tasks.