Asset Management digitizes the complete lifecycle of physical assets to optimize utilization, reduce operational risks, and support decision-making with accurate data.
About Asset Management
Asset Management is a powerful module within iFaziG designed to help organizations digitally track, monitor, and manage every physical asset across their properties. It eliminates the challenges of manual recordkeeping by maintaining a centralized asset database with real-time status, location, and performance logs. From acquisition to disposal, this module ensures the entire asset lifecycle is controlled, traceable, and optimized for operational efficiency.
Awesome Features
01 Centralized Asset Register
All assets are digitally recorded and managed through a single, searchable register. Each asset entry includes category, model, serial number, location, vendor details, AMC/Warranty dates, and status. This ensures transparency, easy audits, and accessibility across departments.
02 Barcode and QR Code Tagging
Every asset is tagged with a unique barcode or QR code, allowing field staff to scan and instantly retrieve or update asset information using a mobile device. This minimizes data entry errors and boosts asset traceability during audits and inspections.
03 Preventive Maintenance Scheduling
Set recurring maintenance schedules and reminders for critical assets like DGs, chillers, elevators, HVACs, etc. This helps reduce downtime, extend asset lifespan, and stay compliant with safety regulations. The system auto-generates PM tasks and assigns them to responsible teams.
04 Breakdown History and Performance Logs
Track asset breakdowns and performance over time. The system maintains a full log of incidents, repairs, and service tickets linked to each asset, providing valuable insights for budgeting, procurement decisions, and vendor negotiations.
05 Asset Lifecycle Management
Monitor assets through all lifecycle stages — procurement, allocation, maintenance, movement, depreciation, and disposal. This holistic approach ensures better financial control, reduces redundancies, and supports timely upgrades or replacements.
How it works
Add and
Tag Asset
Assets are added into the system with detailed information and tagged using barcodes or QR codes.
Schedule
Maintenance
Preventive maintenance schedules are created and assigned automatically.
Track and
Update
Asset performance, breakdowns, and movement are tracked and updated in real time.
Analyze
and Dispose
Usage data is reviewed for depreciation and timely disposal or replacement planning.
Download our App
Download the Asset Management App now from the Google Play Store on your Android Device
