Asset Infinity offers a specialized feature called Capital Work in Progress (CWIP) designed to manage assets that are currently being built or produced. This feature provides a comprehensive view of your capital projects by allowing you to track expenses, timetables, and the progress of assets that are not yet completed.
Gain complete insights into your capital projects with detailed tracking. Keep track of the cost and development status of assets in real-time, ensuring that you have accurate information at every stage of the project.
Maintain strict budget control by verifying that your initiatives are on schedule and comparing actual expenses to budgets. This helps in ensuring that projects remain financially on track, preventing overspending and ensuring optimal resource allocation.
Enhance your project management capabilities by managing timelines and schedules effectively. The CWIP feature ensures that projects are completed on time by keeping a close eye on development and expenses related to assets
Track the development of assets that are still being built in real-time. This feature allows you to monitor each project's progress continuously, providing up-to-date information for better decision-making.
Learn More
Keep track of each project's expenditures to ensure effective resource use. The Capital Work in Progress feature enables you to monitor costs closely, ensuring that spending is within budget and resources are utilized efficiently
Create detailed progress reports to update stakeholders on your projects' status. These reports help in maintaining transparency and keeping everyone informed about the project's developments and milestones
Adhere to accounting rules for capital projects and asset capitalization. The CWIP feature ensures that all financial aspects of your capital projects comply with accounting standards, providing accurate and compliant financial reporting
Manage project schedules effectively and ensure that timelines are met. The CWIP feature helps in organizing and tracking project schedules, making it easier to manage deadlines and avoid delays
Identify potential risks and delays early on, enabling prompt risk mitigation. By monitoring projects in real-time, you can detect issues early and take necessary actions to minimize risks and ensure project success
Use real-time data to forecast completion dates accurately. This helps in making necessary preparations and adjustments to ensure projects are completed on time
Asset tracking software tracks & monitors all the crucial assets & their performance. It helps in keeping track of assets & optimizes asset performance as well.
Track your inventories with accurate numbers and get notified whenever inventory goes below the defined level. Manage them efficiently with proper inventory management.
Asset verification is crucial for the asset auditing process. Moreover, the condition of each asset is also checked and tracked in the asset audit procedure.
Keep assets maintained & perform asset maintenance before breakdown occurs. With preventive maintenance, you can optimize asset performance as well.
Every incident is recorded, and the incident management team tries to resolve the incident quickly so that damage control can be done as quickly as possible.
Utility tracking can be helpful in minimizing utility bills. As utility tracking alert you on daily basis about utility consumption.
In a huge organization, item requisition is important because it decreases the chances of fraudulent activities and makes operations organized.
For asset maintenance, maintenance team needs spare parts & for this purchase order is created & order is received.
Keep track of assets, schedule maintenance, make changes in operation with your mobile when you are away from your office!
Asset Infinity is hosted on Microsoft Azure and has enterprise grade security built-in.
We understand the value of our clients, that is why we believe in going extra mile for customers and provide support 24*7.
Our software is developed in a way so that integration can be done easily. We know an organization uses several applications and data collected from these applications is used to increase efficiency.