Asset Management System

About AssetTrack

The Asset Management System by MMT Softtech — AssetTrack — gives organisations complete control over physical and IT assets across their entire lifecycle, replacing untraceable Excel registers with a live, auditable asset truth. Assets vanish in the gaps between departments: laptops leave with exiting employees, machines miss services until they fail, AMCs expire unnoticed while paid invoices pile up, warranty claims lapse, and year-end audits become archaeology. Finance depreciates blind; operations fights fires. AssetTrack closes the loop. Every asset gets a QR/barcode identity at procurement with photos, invoices and warranty terms attached. Assignment workflows record custody — who has what, where — with acknowledgements; transfers, returns and gate passes keep movement honest. Preventive maintenance schedules generate work orders before breakdowns; AMC and warranty alerts arrive weeks ahead; breakdown tickets track downtime and repair costs against each asset's history. Finance finally aligns with the floor: configurable depreciation (SLM/WDV, Companies Act/IT Act style), asset registers, and disposal workflows with approvals and gain/loss records. Physical audits run on mobile scans with instant variance reports. AI adds foresight: failure-risk predictions from usage and repair patterns, maintenance-vs-replace recommendations with cost curves, utilisation insights that surface idle equipment, and spare-part demand hints. The outcome — fewer surprises, longer asset lives, cleaner audits and capital decisions backed by data instead of memory.