SAP Mobile Fixed Asset Tracking Solution | Fixed Asset Management Software (2024)

Track real-time fixed asset inventory and track asset spend and capitalization. Empower your finance team with total visibility and control of assets to eliminate ghost assets & ensure accurate financial statements.

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Mobile Fixed Asset Tracking Solution to Better Control, Audit & Reconcile Fixed Assets

Innovapptive's Mobile Asset Tracking and Tagging solution (mAssetTag) is an advanced application that tightly integrates with your SAP Finance (FI), SAP Controlling (CO), and asset management modules to track real-time fixed asset inventory and track asset spend and capitalization. Merge with EAM and supply chain processes to optimize fixed asset management, and view asset summary reports, asset master changes, and capitalization - all in one place. mAssetTag is BYOD compliant and built on cross-platform UI technologies for complete compatibility with all tablet or smartphone devices and platforms, including Apple iOS, Google Android, or Windows.

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Key Features

End-to-End Fixed Asset Tracking for SAP

Connected Fixed Assets is a highly configurable, SAP® Certified fixed asset tracking solution. With it, asset managers can schedule, track & conduct multiple Inventory Inspections and Reconciliations across various sites using a single, easy-to-use mobile platform.

Front-line workers in the field can use the fixed asset tracking mobile app in the field and complete Asset Inspection with a few clicks. Native mobile device capabilities, such as GPS (location data), camera and barcode readers, automate the collection of fixed asset data.

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Fixed Asset Physical Inventory Scheduler

  • Configurable search criteria to find batches of fixed assets that need to be scheduled for a Physical Inventory.
  • Assign fixed assets for Physical Inventory by user, target completion date, expiration date.

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Auto identify and update status of Fixed Assets

  • Push Notification with batch of fixed assets.
  • Scan fixed assets barcodes to identify fixed assets.
  • Auto Identification of fixed assets.
  • Auto Capture of location with GPS.
  • Capture inventory notes and update status.

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Real-Time Tracking of Fixed Asset Physical Inventory

  • Monitor status of fixed asset Physical Inventory.
  • Update SAP for Ghost Assets and Not Found status - retired, transferred, scrapped, etc. (configurable).
  • Fixed Asset Physical Inventory KPI Monitoring.
  • Target Volume vs. Actual Volume.
  • Target Completion Date vs. Actual Completion Date.

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Anywhere Asset Tags & Label Printing

  • Connected Fixed Assets supports Zebra ZQ500 and Honeywell RP4 printers.
  • Additional support for 3rd-party mobile printer devices (upon request).
  • High-quality labels printed over the air with handheld BlueTooth printers.

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Analytical Dashboard for Fixed Asset Reconciliation

The analytical dashboard gives the user key insights into scheduled batch jobs for assets.

  • Charts show batch progress.
  • Barcharts show why assets were tagged.
  • Charts show newly-added assets to batches.
  • Chart filters based on the column data.

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Automated Check-In & Check-Out of Assets

  • Checking out assets allows you to assign an asset to a Customer, an Employee or even a Vendor.
  • Track where your assets are at all times, as well as who has responsibility of those assets.
  • Painlessly manage asset assignment & ensure accountability of all your organization's assets.

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Delivering a Faster Time to Value

Delivering a Faster Time to Value

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Reduce over-payment of taxes

15%

Identify ghost assets on the books and improve bottom line

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Reduce insurance premiums

17%

Readily identify assets for end-of-life and retire depreciated assets

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Ensure accurate asset records

99%

Eliminate paper-based record keeping and asset tracking

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Increase employee Productivity

40%

Save on time spent in manually checking asset condition in field

What our customers say

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Thanks to Fixed Asset Tracking, our financial reporting is more accurate, reflecting what we actually possess. We now have a much better handle on our assets across the enterprise, especially ghost assets that were costing us way too much in needless insurance premiums and taxes.

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Before Fixed Asset Tracking Solution, we had little understanding and visibility into just what assets we really owned. Our audits and regulatory compliance suffered, greatly affecting our bottom line and financial reporting. Now our asset ledgers are accurate, our financial reporting is truthful, our audits pristine and compliance is a breeze.

Ready to Automate Fixed Asset Counts?

Request a demo and see how one sophisticated solution can simplify your fixed asset tracking workflow.

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Resources

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Webinar

Asset tracking in real-time could save you millions

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Whitepaper

Get rid of ghost assets to improve asset health and financial compliance

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Whitepaper

Fixed Asset Tracking 101

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Product Sheet

mAssetTag – Mobile Asset Tracking and Management

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FAQs

What does Fixed Asset Tracking do?

  • Fixed Asset Tracking is a mobile fixed asset tracking solution that automates and streamlines physical inventory and reconciliation.
  • Add and tag assets,
  • Monitor and track asset location/condition in real time
  • Schedule and conduct multiple inventories and reconciliations across various sites, and more.

How does Fixed Asset Tracking work?

  • Scan and tag assets using mobile hand-held devices, such as smartphones, barcode scanners, wearables, cameras, etc. Works in both online and offline modes.
  • Fixed Asset Tracking is easy-to-use, highly configurable and SAP-certified.

What kind of company makes a good customer for Fixed Asset Tracking?

  • Companies in asset-intensive industries that currently use SAP® as their enterprise resource planning (ERP) system. (Capabilities for additional ERPs now in development.)

Who can use Fixed Asset Tracking?

Fixed Asset Tracking is for anyone involved in asset management, including:

  • C-suite executives: Monitor and track asset location/condition in real time to identify cost-savings opportunities. Also, the solution makes data capture more accurate, which delivers up to 99% accuracy in fixed asset financial statements.
  • Seniormanagersanddirectors:Tie remote locations together to gain greater visibility into operations. Make quicker, more informed decisions and better utilize labor and resources.
  • Managers: Benefit from improved communication and collaboration between management and the field. Experience easier employee onboarding, as well as better morale and engagement among employees.
  • IT professionals: Easy configurability and scalability. Unlimited customizations. Integrates directly with legacy systems with no intermediate platforms required.
  • Field operators and technicians: Add and tag assets with user-friendly mobile devices. The mobile app works online or offline and reduces manual data entry.
  • Asset Inspectors and Administrators

What problems does Fixed Asset Tracking solve?

  • Low/no-value data (leading to an inefficient/poor decision-making process)
  • Inabilitytomonitorandtrackassetconditioninrealtime
  • Inaccurate inventory and tracking of fixed assets
  • Identifyingghost/zombieassets
  • Inefficient and error-prone paper documentation
  • Hard-to-use technology workers don’t want to utilize

What results can I see using Fixed Asset Tracking?

  • Upto100%offixedassetsreconciledtomeetauditandregulatoryrequirements
  • Upto99%accuracyoffixedassetfinancialstatements
  • Upto40%improvementinemployeeproductivity
  • Uptoa20%reductioninoverpaymentoffederal,stateandpropertytaxes
  • Uptoa17%reductionininsurancepremiums

Basedonclients’bestexperiences.

What else do I need to use Fixed Asset Tracking?

  • Fixed Asset Tracking utilizes the native capabilities of existing mobile devices, so it's not necessary to purchase anything else to use the solution.
  • Fixed Asset Tracking can be used with other peripherals, such as scanners, mobile printers, etc.
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SAP Mobile Fixed Asset Tracking Solution | Fixed Asset Management Software (2024)
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