Benefits of Using
TRAXX
Procurement to Retirement Platform from RCS
Since 1999... Managing millions of Assets
TRAXX is a comprehensive Fixed Assets Management Solution. We are implementing fixed asset management solutions since 1999. TRAXX is the evolution of many thousand man hours of development with feedbacks from some of the best fixed asset managers serving with our esteemed customers like GE, TESCO & HONEYWELL.
Most mature and robust asset management platform
Benefits of TRAXX
Tracking assets is an important concern of every company, regardless of size. Fixed assets are defined as any ‘permanent’ object that a business uses internally including but not limited to computers, tools, software, or office equipment.
While employees may utilise a specific tool or tools, the asset ultimately belongs to the company and must be returned. And therefore without an accurate method of keeping track of these assets it would be very easy for a company to lose control of them.
Benefits
1
Total FAM Solution - Procurement to retirement
Our configurable modules have all processes for procuring assets and tracking them till retirement. It incorporates best practices from many verticals.
2
Pluggable Platform
Customers who choose to integrate functions from their existing systems can do so with ease.
3
On-board the Best Vendors
Our vendor on-boarding process evaluates partners of their strengths and compliance adherences to on-board only the best.
4
Delight the Partner
Our continuous evaluation mechanism ensures performing partners are suitably rewarded. This not only delights them, but also improves their quality of service.
5
Global Access
We conduct periodic asset audits based on the EAM policy of the customer. Audits include checks on the condition of assets, their location and owner. We reconcile the asset data with finance asset register to tabulate missed and misplaced assets.
6
Quick Turnaround
We conduct periodic asset audits based on the EAM policy of the customer. Audits include checks on the condition of assets, their location and owner. We reconcile the asset data with finance asset register to tabulate missed and misplaced assets.
7
Best of Deals
Our vendor comparison and reverse action processes ensure that the vendor partners come with their best deals.
8
Transparent Procurement Process
Complete records of negotiation and vendor selection processes are saved in p2r data store. They can be made available in report format for audits.
9
Quality Control
GRNs and SRNs pass through predefined quality control process. This ensures in-warding of good quality materials without defect.
10
Reduction in Procurement
List of assets that are available for distribution is made available to the procurement and asset management team. This ensures that assets are procured only when it is ensured that an equivalent asset is not available internally for allocation.
11
Reduction in Missing Assets
The concept of asset ownership records assets allocated to individual employees. Employees are responsible for adhering to Asset Ownership Policies. They shall be responsible for proper usage and return.
12
Compliance Audits
Periodical Compliance Audits can be made easy by using our self-audit process. Self audits are accurate, reduces time and are IFRS complaint.
Our Numbers Speak
25+
Years of Experience
350+
Products Installed
1,750,000+
Assets Managed
Our Esteemed Customers. Logos are their respective Trademarks.
Are You Ready for comprehensive Procurement to Retirement Automation?
Evolution is the best way to
perfection....
TRAXX is the one of time-tested Asset
Management Systems with its first installation in 1999. This product is an evolution of over ten thousand man hours with feedbacks from some of the best asset managers serving for companies such as Bank of America, Honeywell, Deloitte, E&Y,GE and ANZ. With over 600 installations today, TRAXX is a highly perfected Asset Management Solution.