Web Based Fixed Asset Management System (RS-FAMS)
Track, Tag & Optimise Every Physical Asset Across All Your Locations
Overview
RS-FAMS (also known as RS-ASSETMAN) is a complete fixed asset management solution that physically audits, barcodes or RFID-tags, and reconciles all organisational assets — from furniture and machinery to IT equipment and vehicles — against book records. It eliminates ghost assets, resolves ownership ambiguity, and provides a formal, accessible digital register that reduces capital expenditure and supports income tax savings.
Key Features
Physical Inventory with Barcode/RFID Tagging
RS-Barcoders team conducts on-site physical inventory of all assets, applies barcode or RFID tags, and maps them against existing book-of-accounts records.
Book vs. Physical Reconciliation
Identifies ghost assets (assets on records that don't physically exist), duplicate assets, and unregistered assets — providing a clean, verified asset register.
Multi-Site Monitoring
Real-time tracking and monitoring of equipment across multiple sites from a single web-based dashboard — with location history and movement logs.
AMC / Warranty / Insurance Tracking
Automated tracking of Annual Maintenance Contract expiry dates, warranty periods, and insurance renewal dates — with alert notifications to prevent lapses.
Vendor Quality Benchmarking
Compare asset performance and maintenance costs across vendors and brands to make data-driven procurement decisions.
Depreciation & Tax Reporting
Calculate and report asset depreciation per tax regulations. Write off unused or lost assets for income tax savings with documented justification.
Business Benefits
- Eliminates ghost assets and reduces insurance on non-existent items
- Reduces capital expenditure by optimising existing asset utilisation
- Enables income tax savings through write-offs of lost/unused assets
- Prevents unplanned downtime with AMC and warranty alerts
- Provides formal, auditable asset register for compliance
- Turnkey service: RS-Barcoders handles tagging, training, and software