--- title: "Osolix | Enterprise Asset Management & Fixed Asset Intelligence" description: "Osolix connects finance and operations across the full asset lifecycle—from CAPEX and acquisition to depreciation, maintenance, inventory, fleet, facilities, projects, and disposal." image: "https://osolix.com/brand/osolix-mark.png" url: "https://osolix.com/" --- ![Osolix logo](https://osolix.com/brand/osolix-mark.png) Asset Intelligence · Simplified # Run your fixed asset register the way the Big Four wish their clients did. Osolix is the intelligent, audit-ready platform connecting finance and operations across the full asset lifecycle — from CAPEX budgeting and acquisition through the fixed asset register, CWIP, depreciation, inventory, maintenance, leases, fleet, capital projects, facilities, and disposal — with Osolix AI agents that help your team work faster. Schedule a 30-min walkthrough [See why we beat the rest](https://osolix.com/welcome/Insights/compare)[Sign in](https://app.osolix.com/login) ISO 27001 Aligned IFRS / IAS 16 / IFRS 16 US GAAP (ASC 360 / 842) ISO 55000 / 41001 What you get on day one ## One platform. Every asset workflow. Built top-down against the FAR template, IFRS lifecycle, and the audit walkthrough — then layered with online AI on the parts where reasoning beats rules. ### Lifecycle on one spine CAPEX → CWIP draw-down → capitalisation → tagging → maintenance → verification → retirement — every stage linked bidirectionally with a complete audit trail. ### 47 registered Osolix AI agents AI that suggests, never decides. CAPEX, Maintenance, Retirement, Invoice Extractor, Asset Classifier, Osolix AI Chat — each bounded by accept / edit / reject. Works online and offline. ### Premium dashboards NBV decay forecasts, movement tables in FS format, audit readiness score, fraud red-flag analytics. Nine role-specific layouts included out of the box. ### No-code master data Categories, useful-life tables, chart of accounts, custodians, locations — all admin-driven with Excel bulk upload and full audit-logged change history. ### Tag everywhere, scan anywhere QR · Barcode 1D/2D · RFID LF/HF/UHF · NFC · BLE. Tag Designer, sequential serial generator, room QR codes, RFID gateway support. ### ERP-friendly, ERP-optional Pre-built packs for Oracle Fusion, SAP S/4HANA, Dynamics 365, NetSuite, QuickBooks, Sage, Odoo, Workday. Or run standalone — no ERP required. End-to-End Enterprise Governance ## The Complete Asset Lifecycle One unified platform synchronizing the financial balance sheet, physical field custody, and operational maintenance across all 12 stages. 01CAPEX02Procurement03Receiving04CWIP05Capitalization06Tagging07Deployment08Operation09CMMS10Transfer11Verification12Retirement 04 Stage 4 of 12 · Strategic & Financial ### Capital Work-in-Progress (CWIP) CWIP CapitalizationCapital Project Management #### Business Process Accumulation of multi-source equipment, contractor milestones, installation expenses, and interest during construction. Osolix AI Decision Support Cost overrun predictive warnings and milestone variance alerts. #### Financial & Accounting Impact IAS 16 / ASC 360 CWIP accumulation; non-depreciable asset staging until ready for intended use. Complies with IFRS 16, IAS 16, ASC 360, & IPSAS 17 #### Physical & Operational Controls Job-site milestone sign-offs, subcontractor punch list tracking, stage inspections. Tamper-evident custody audit trail captured at source Tip: Click any stage above to inspect its accounting entries, physical custody controls, and AI triggers. ← Stage 3Stage 5 → Solutions ## 10 solutions on one platform — pick what you need. Every solution is independently buyable — buy one, mix any combination, or all 10. Each ships with Osolix AI, native mobile, audit log, Workflow Designer, and ERP integrations tuned to that workflow. [See all solutions](https://osolix.com/solutions) Real Workflow Demonstrations ## Enterprise Asset Workflows in Action Explore authentic data flows and financial controls across core Osolix modules. Fixed Asset RegisterDual BooksPhysical VerificationRFID / BarcodeCWIP CapitalizationIAS 16 / ASC 360IFRS 16 Lease ScheduleROU & LiabilityCMMS Work OrdersPreventive PMFleet TelematicsIoT & GPSAI Decision SupportHuman-in-Loop ### FAR-2026-0842 · Chiller Unit #3 (Centrifugal 450 Ton)Active · In Service Building B · Plant Room 02 · Cost Center: Operations-Facility (CC-4100) Tag: RFID-960-A492 IFRS / Financial BookMethod: Straight Line Gross Capitalized CostAED 420,000 Useful Life15 Years (180 Mo) Salvage Value (Estimated)AED 21,000 (5%) Accumulated DepreciationAED 53,200 Net Book Value (NBV)AED 366,800 Tax / Statutory BookMethod: MACRS 7-Year Tax Cost BasisAED 420,000 Tax Class Period7 Years (Accelerated) First-Year AllowanceAED 60,018 (14.29%) Tax Accumulated Dep.AED 162,498 Deferred Tax LiabilityAED 9,836 (Temp Diff) IAS 16 Component Breakdown | Component | Cost Allocation | Useful Life | Depr. Rate | Monthly Depr. | | --- | --- | --- | --- | --- | | Centrifugal Compressor Assembly | AED 210,000 (50%) | 12 Years | 8.33% / yr | AED 1,458 | | Evaporator / Condenser Shell & Tubes | AED 140,000 (33.3%) | 20 Years | 5.00% / yr | AED 583 | | VFD & Control Automation Panel | AED 70,000 (16.7%) | 8 Years | 12.50% / yr | AED 729 | OSOLIX FOR EVERY SECTOR ## One platform. Every asset-heavy industry. Osolix is full-stack Enterprise Asset Management — not just maintenance. Depreciation, IFRS 16 leasing, CAPEX → CWIP → capitalisation, audit trail, multi-entity consolidation, retirement and disposal workflows, and audit-grade evidence — all built into a single tenant-isolated platform. That breadth means the same Osolix install fits the operating reality of every sector below. ### Energy & Utilities Renewables, oil & gas, power generation. Track wind turbines, solar arrays, generators, and grid assets through every stage — from CAPEX request to capitalisation, condition-based maintenance, and ISO 14224-aligned reliability reporting. - ISO 14224 reliability data - CAPEX → CWIP capitalisation - IFRS 16 leasing - Sovereign-cloud option ### Healthcare & Medical Devices Hospitals, clinics, labs, and pharma. Document the full lifecycle of medical equipment — calibration history, biomedical inventory, IFRS 16 leases for MRI/CT, custodian acknowledgement, retirement and salvage tracking — with PDPL/HIPAA-aligned controls. - Calibration register - IFRS 16 lease accounting - Custodian chain - Audit-grade evidence ### Real Estate & Property Management Multi-property portfolios, REITs, building owners and operators. Run a single Fixed Asset Register across every site — building components, FF&E, building systems — with IAS 16 component depreciation, IFRS 16 lessor + lessee accounting, and per-property CAPEX programs. - Component depreciation (IAS 16) - Per-property CAPEX - IFRS 16 lessor/lessee - Revaluation cycles ### Public Sector & Government Ministries, municipalities, defence, public utilities. GASB 87 / IPSAS-aligned depreciation, multi-entity consolidation across departments, periodic verification rounds, FOIA-ready audit trail, and a sovereign-cloud option for jurisdictions that require in-region data residency. - GASB 87 / IPSAS - Multi-entity consolidation - Periodic verification - Sovereign cloud ### Agriculture & Agribusiness Farms, plantations, food processing. Manage equipment fleets across remote sites with offline mobile, schedule preventive maintenance against seasonal cycles, and capitalise irrigation + glasshouse builds through CAPEX→CWIP—then depreciate by units of production for harvested-volume assets. - Offline mobile field ops - Units-of-production depreciation - CWIP for site builds - GPS-tagged registers ### Manufacturing & Heavy Industry Plants, production lines, distribution centres. Wire OEE telemetry into the asset register, run condition-based PM in line with production schedules, capitalise tooling builds via CWIP, and depreciate per shift — with multi-book accounting for IFRS + tax + management views. - OEE + condition-based PM - Multi-book depreciation - Spare-parts inventory - Per-shift accounting ### Education (K-12 + Higher Ed) Schools, universities, research labs, donor-funded programs. Track every classroom IT asset, lab instrument, sports kit and campus vehicle with QR codes, surface donor-funded grants in a separate sub-ledger, and produce board-grade depreciation reports across multi-campus hierarchies. - Multi-campus hierarchy - Donor-fund sub-ledgers - QR/RFID inventory - Custodian per teacher ### Construction & Civil Works EPCs, site contractors, infrastructure operators. Run a single equipment register across rotating project sites with GPS + transfer workflows, separate rented vs owned plant, capitalise project costs through FAR, and feed depreciation into per-project P&L for accurate margin reporting. - Per-site transfer workflow - Rented-vs-owned plant - CAPEX → project capitalisation - GPS + RFID tagging ### Hospitality & Hotels Hotel groups, resorts, branded operators, vacation rentals. Track room-level FF&E with per-room QR codes, schedule refurbishment cycles tied to occupancy, account for branded-property leases under IFRS 16, and run retirement workflows for refresh-and-replace programs. - Per-room FF&E register - Refurbishment cycles - IFRS 16 branded leases - Retirement & disposal workflow Maintenance is one feature, not the whole story. Osolix runs the full asset lifecycle — from CAPEX request through capitalisation, depreciation, verification, maintenance, and retirement — on a single multi-tenant spine. [See the full feature set](https://osolix.com/welcome#features) Tailored For Enterprise Stakeholders ## Built for Your Role & Mandate See how Osolix solves the critical operational and financial challenges facing each executive leadership discipline. Chief Financial OfficerAsset ManagersMaintenanceInternal AuditCIO Chief Financial Officer & Finance Directors ### Balance Sheet Integrity, CAPEX ROI & Audit Readiness Improve balance sheet visibility, manage multi-book depreciation, and support IFRS 16 processes. [Fixed Asset Management](https://osolix.com/solutions/asset-management)[IFRS 16 Lease Management](https://osolix.com/solutions/lease-management)[CWIP Capitalization](https://osolix.com/solutions/cwip-management)[Capital Budgeting](https://osolix.com/solutions/asset-budget-management) #### Challenges Solved - Discrepancies between general ledger balances and physical reality - Complex multi-currency and multi-standard IFRS 16 / ASC 842 lease liabilities - Uncontrolled CWIP cost accumulation without timely capitalization #### Measurable Business Outcomes - Automated dual-book (Financial vs. Tax) depreciation schedules - Exportable records to support external audit preparation - Disposal workflows that help identify unregistered asset changes Osolix AI Suite ## 35+ Osolix AI agents embedded across the lifecycle. Every reasoning task runs on an Online + Offline (tenant rules + k-NN) sibling pair. Suggestion-bounded: accept / edit / reject — never auto-mutates. [ Smart photo auto-tag Photo → asset category, 92%+ accuracy. See module](https://osolix.com/solutions/far)[ Smart depreciation suggestion Right method per asset class with audit rationale. See module](https://osolix.com/solutions/depreciation)[ Voice-to-asset notes Speak; Osolix AI transcribes + structures into the right field. See module](https://osolix.com/solutions/mobile-app)[ Failure prediction Available condition, maintenance and telemetry inputs → planning risk review; not a failure-date prediction. See module](https://osolix.com/solutions/predictive-maintenance)[ Custodian risk scoring 0–100 score from holder loss / damage / verification fails. See module](https://osolix.com/solutions/custodians)[ Fraud red-flag suite Ghost assets · split-PO · Benford · related-party flags. See module](https://osolix.com/solutions/audit)[ Invoice OCR Extractor PO / GRN / supplier invoice → structured FAR data. See module](https://osolix.com/solutions/atlas-suite)[ Osolix AI chat assistant In-app Osolix AI assistant available across platform modules. See module](https://osolix.com/solutions/atlas-suite) [Explore Osolix AI Suite](https://osolix.com/solutions/atlas-suite) [See all 35+ AI tools](https://osolix.com/solutions) 0 FAR fields modelled 0+ Osolix AI tools 0+ Capabilities across the platform 0 ERP touchpoints (9 packs) Compliance ## Built for groups whose finance team has to sleep at night. Osolix ships with the controls a Big Four audit walkthrough actually tests — segregation of duties, immutable audit trail, ITGC scope, and a fraud red-flag suite tuned by a CFE. ### ISO 27001 controls Encrypted credentials at rest, per-organisation data isolation enforced on every request, RBAC and segregation of duties. ### IFRS + US GAAP dual-stack IAS 16 componentisation, IFRS 16 / ASC 842 leases, IAS 36 impairment, IFRS 5 held-for-sale — all togglable per book. ### Internal audit ready Every state change logged who/what/when/why. Audit Readiness score on the home dashboard plus risk heatmap on every asset. ### Air-gap deployable AI mode flag flips to Offline — Osolix AI agents continue using tenant rules + k-NN. No outbound calls. Dedicated deployment on request. [See per-standard compliance mapping →](https://osolix.com/welcome/Insights/compliance)ISO 27001 · SOX 404 · SOC 2 · IFRS 16 · IAS 16 · IAS 36 · IFRS 13 · US GAAP · GASB 34 · ISO 55000 · GDPR · PDPL · ISO 9001 · WCAG 2.2 AA ## Ready to retire the Excel FAR? Book a 30-minute walkthrough with a finance + technical engineer. We'll show you a live tenant on your sample data and stand up a sandbox the same week. 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