TRAXX
Asset Audits
​Verification,
Tagging &
Reconciliation
Asset Audit Services
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.
VTR leads to identification of assets that are available and put to actual use.
V T R - Asset Audits
Our flagship service is a comprehensive approach that cleanses and fortifies your fixed asset register to establish a stronger foundation for effective fixed asset management.
In addition, fixed asset Verification, Tagging and Reconciliation services provide the necessary data visibility to avoid the risk of non-compliance with financial, tax and regulatory issues.
TRAXX Command Center
Our command centre software, with its mobile module allows users to collaborate with remote VTR teams in online. Reconciliation of location-wise FAR vs PAR happens in real time. This helps customers to look multiple times for unfound assets if any avoiding repetitive visits.
Audit Deliverables
1
Fixed Assets Inventory
The fixed asset inventory and reconciliation approach, which has an unparalleled audit trail, is deemed by RCS clients as a methodology that bridges gaps typically experienced with traditional fixed asset “reviews”. In addition, RCS utilises standard methodologies that take into account a variety of issues to ensure a successful and minimally disruptive project.
2
Wall to wall physical audit
Utilising state-of-the-art handheld technology to capture quality asset inventory data and creating a vehicle for more efficient cycle inventory by tagging all assets with a barcode or RFID label.
3
Reconciliation
Reconciliation of inventoried assets to a fixed asset ledger and other corporate asset management database (e.g. IT, Facilities, Maintenance, etc.). Detailed review and reconciliation of remaining capital assets not able to be inventoried, including real property, bulk assets, ghost assets, intangibles, etc.
4
Cost Componentization
Additional detailed cost components of capital equipment that creates the support needed for IFRS and re-classification of assets into more accelerated depreciation/personal property tax categories.
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.