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Lifecycle Module

Asset Lifecycle Management

From Purchase Order Through to Final Disposal

Follow one asset through all eight stages, with approvals and finance entries handled along the way.

8
Lifecycle Stages
Dual sign-off
Handover Approval
SLM and WDV
Depreciation
A
Asset Lifecycle Management
In plain terms

Every asset moves through the same eight stages: buy, tag, assign, run, service, review, reuse and retire. This module records each step, so an asset's whole history sits on one screen.

High-value items cannot change hands or be written off on one person's word. Both the releasing and the receiving side sign off, and disposal needs committee approval before anything leaves the premises.

Encrypted at rest and in transitAudit ready

What You Get

The four things this module handles for you day to day.

Two-Sided Handovers

Moving an asset needs the person giving it up and the person taking it on to both confirm.

Depreciation Every Month

Straight-line and written-down value calculated automatically and posted to your accounts.

Stock Checks On a Schedule

Plan annual or quarterly verification rounds and hand the list to your team on their phones.

Disposal With a Paper Trail

Condemnation certificates, scrap vendor details and e-waste records generated as you go.

How an Asset Moves Through the System

The same eight steps, whatever the asset is.

1
Create
Added to the register
2
Check
Serial matches the PO
3
Approve
Two people sign off
4
Assign
Handed to an owner
5
Track
Scans and location
6
Verify
Counted in stock checks
7
Service
Planned and repairs
8
Retire
Written off and sold

Other Modules You Might Add

Identity

Asset Registry

Give every asset a unique tag and one record, across every plant, office and site you run.

Lifecycle

Procurement & Goods Receipt

Goods received today are tagged today, with warranty dates and vendor terms already attached.

Lifecycle

Preventative & Reactive Maintenance

Plan servicing before things break, and handle breakdowns with a ticket the technician sees on a phone.