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Fixed Assets Management Software

Track, verify and manage fixed assets from acquisition to disposal with ease

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Track, manage, and optimize your fixed assets

Hourglass IT Fixed Asset Management Software helps you streamline asset tracking from acquisition to disposal. Capture, verify, and maximize asset value throughout its useful life. With cloud-based access, QR code verification, and compliance-ready depreciation, our software simplifies asset management while ensuring accuracy, efficiency, and complete lifecycle control.

Fixed Assets

Why Fixed Asset Management Software is Essential for Business?

Managing fixed assets manually can lead to missed depreciation, misplaced equipment, and financial discrepancies. That’s where Fixed Asset Management Software becomes essential.

With a robust system in place, businesses can

  • Gain real-time visibility into every asset, from purchase to disposal
  • Ensure accurate financial reporting and depreciation tracking
  • Minimize asset losses, ghost assets, and compliance risks
  • Improve operational efficiency and make informed investment decisions
  • Access asset data from anywhere with secure cloud integration

Whether you're a growing business or an enterprise, investing in Hourglass IT fixed asset management software helps you stay organized, compliant, and cost-efficient, unlocking smarter asset control at every level.

Why Choose Hourglass IT’s Fixed Asset Management Software?

Manage assets from acquisition to disposal with full lifecycle tracking

Complete Lifecycle Management – From Acquisition to Disposal

Track your fixed assets through every stage of their journey—starting from purchase and deployment to depreciation, transfer, and final disposal. Our software ensures each step is documented, traceable, and fully compliant with accounting standards.

Access fixed asset data anytime, anywhere with cloud-based software

Cloud-Based Accessibility – Anytime, Anywhere

Say goodbye to location-based limitations. With our secure, cloud-enabled platform, you can access asset data on the go—across branches, devices, and user roles. It ensures real-time visibility and seamless collaboration across departments.

Ensure compliance with regulations using fixed asset management software

Regulatory Compliance

Ensures compliance with accounting standards and regulations, avoiding potential legal issues.

Quick asset verification using QR codes for accurate tracking and management

QR Code-Based Physical Asset Verification

Tired of manual asset audits? Our system supports QR code tagging and scanning to help you conduct fast, accurate, and paperless physical verification. Instantly identify missing, relocated, or ghost assets, and reconcile discrepancies in minutes—not days

Software automating asset depreciation calculation with accuracy

Automated Depreciation Calculation

Manual depreciation calculations are time-consuming and prone to error. Hourglass IT automates this process, supporting straight-line, written-down value, and other methods. The system stays aligned with IFRS and local accounting laws to ensure financial accuracy and compliance.

Simplify asset disposal while ensuring compliance with regulations

Easy & Compliant Asset Disposal

When an asset reaches end-of-life, our software simplifies the disposal process. Generate disposal reports, record approvals, and maintain an audit trail—all while staying compliant with company policies and regulatory requirements.

ERP-integrated asset management for unified business operations

Seamless ERP Integration for Unified Operations

As a part of the Hourglass ERP Suite, our Fixed Asset Management Software works hand-in-hand with modules like finance, procurement, and HR. This integrated ecosystem removes silos, improves data flow, and boosts overall operational efficiency.

Generate customizable reports with real-time insights for better asset decisions

Customizable Reports & Real-Time Insights

Make better decisions with access to powerful dashboards and real-time asset reports. Monitor asset value, usage, depreciation, and location—all from a centralized interface that’s intuitive and user-friendly.

Feature Benefit
Asset Acquisition Capture detailed information – type, custodian, department, location, value
QR Code Tagging Improve tracking accuracy with scannable asset tags
Cloud Platform Access asset data anytime with high data security
Compliance-Ready Depreciation Multi-method, standards-compliant depreciation
Asset Retirement & Disposal Controlled exit with record-keeping & audit trail
Real-Time Reporting Get actionable insights through customizable reports

Who Can Use This Fixed Asset Management Software?

Corporates & Enterprises

Easily manage thousands of assets across departments, branches, and teams with centralized visibility and control.

Manufacturing Firms

Track machinery, equipment, and tools efficiently to avoid downtime, optimize maintenance, and control asset-related costs.

Educational Institutions

Monitor and manage assets like lab equipment, furniture, and IT devices across multiple campuses with ease.

Healthcare Facilities

Keep a detailed record of medical equipment, devices, and infrastructure to ensure compliance and timely replacements.

Government Organizations

Maintain transparency and accountability of public assets with accurate tracking and lifecycle documentation.

Retail Chains

Manage inventory, fixtures, and infrastructure across store locations to reduce asset losses and enhance operational control.

Benefits of Hourglass IT Fixed Assets software


Improve Asset Utilization

Track how each asset is used, identify underused equipment, and maximize return on investment.

Eliminate Ghost Assets

Avoid accounting for non-existent or lost assets with real-time tracking and physical verification.

Boost Financial Compliance

Stay audit-ready and comply with IFRS and other regulations with automated depreciation and accurate reporting.

Reduce Manual Errors

Automate asset tracking and calculations to minimize human error and administrative workload.

Increase Audit Readiness

Generate up-to-date reports and maintain a full audit trail for every asset with just a few clicks.

Achieve Cost Savings

Prevent duplicate purchases, reduce losses, and cut down on asset downtime with smarter lifecycle management.

FAQs - Fixed Asset Management

What is fixed asset management?

Fixed asset management helps businesses track, maintain, and manage physical assets throughout their lifecycle. It ensures better asset utilization, compliance, and financial accuracy.

Why is fixed asset tracking important?

It helps prevent asset loss, reduces manual errors, and improves maintenance and audit readiness. Proper tracking also enhances cost control and ROI.

How does fixed asset software work?

The software records asset details, tracks movement, calculates depreciation, and schedules maintenance. It simplifies asset management and supports real-time monitoring.

What types of assets can be managed?

You can manage buildings, machinery, vehicles, computers, tools, and other long-term assets. Hourglass IT supports categorization by location, department, and custodian.

Can fixed asset software calculate depreciation?

Yes, it automatically calculates depreciation using methods like straight-line or reducing balance. This ensures accurate financial reporting and compliance.

Is Hourglass IT’s fixed asset software cloud-based?

Yes, it is a secure, cloud-based solution accessible from anywhere. It supports real-time data access and mobile usage.

Which features are essential in Hourglass IT’s Fixed Asset Management software?

Key features include:

  • Real‑time asset tracking via QR scanning
  • Asset register with categories, custodian, and location
  • Automated depreciation calculation (IFRS‑compliant) across multiple methods
  • Maintenance scheduling, history tracking, and predictive alerts
  • Asset disposal with documentation and compliance support
  • Cloud‑based access and mobile usage

How does the software help with audits?

It maintains an asset register with complete history and documentation. Audit trails make compliance and verification faster and easier.

Can the software schedule maintenance?

Yes, it lets you plan and track preventive maintenance. This reduces downtime and extends the life of assets.

Does it support QR code or barcode scanning?

Any business with physical assets—small or large—can benefit. It is especially useful for companies with multiple locations or departments.

How does it handle asset disposal?

You can manage asset retirement, sale, or scrapping with full documentation. This keeps your records clean and audit-ready.

Can it integrate with other ERP modules?

Yes, Hourglass IT’s fixed asset module is part of a broader ERP suite—integrated with procure‑to‑pay, expense management, inventory, compliance, and document management. This seamless integration ensures unified data, smoother workflows, and end‑to‑end operational efficiency.

Take Control of Your Assets—Start Today!

Don’t let mismanaged assets drain your resources or slow down your business growth. With Hourglass IT’s Fixed Asset Management Software, you gain complete visibility, accuracy, and control—every step of the way.

Ready to streamline your asset lifecycle and boost efficiency?

Request a Free Demo or Talk to Our Experts now and experience the smarter way to manage your fixed assets.