--- title: "Osolix | Fixed Asset Management" description: "Osolix fixed asset management connects acquisition, capitalization, custody, verification, depreciation, transfers, and disposal in one audit-ready register." image: "https://osolix.com/brand/osolix-mark.png" url: "https://osolix.com/solutions/asset-management" --- [Solutions](https://osolix.com/solutions)Asset Management # Asset Management The audit-ready EAM — IFRS · US GAAP · local tax · ISO 55001 Sold separately, price scales with your plan $0.01/asset · mo$10/user · mo$15floor Billed annually · save 21% · users $10 each · operators free From $0.01 per asset per month — every lifecycle stage on one spine: additions, transfers, disposals, and physical verifications, each logged with who, what, when, and why. A multi-book depreciation engine runs IAS 16, US GAAP, local tax, group and sustainability books in parallel. IAS 36 impairment, componentisation, QR · RFID · BLE tagging, custodian chain of custody, and ERP hand-off across 9 packs. Sold standalone or alongside any of the other eight solutions. 258 FAR fields 4+ Depreciation methods IFRS Multi-book parallel posting One platform. Six disciplines. ## Every asset management discipline — unified. Most organisations run separate tools for accounting, tracking, maintenance, and performance. Osolix collapses all six recognised disciplines — EAM, FAMS, FATS, AMS, APM, and ITAM — onto a single multi-tenant spine with a shared register, shared audit trail, and shared GL. EAM ### Enterprise Asset Management Operational lifecycle from acquisition through retirement — maintenance, reliability, fleet, infrastructure, and CAPEX on one platform. - Work orders · PM · FMEA · predictive - Fleet telematics + driver scoring - CAPEX → CWIP → capitalisation FAMS ### Fixed Asset Management System Audit-ready accounting register with full IFRS engine, multi-book depreciation, impairment, leases, and GL posting. - IAS 16 · IFRS 16 · IAS 36 · ASC 842 - Parallel books — IFRS · tax · group - SOX 404 · audit trail · GL posting FATS ### Fixed Asset Tracking System Physical custody and location from tag-on to final scan — barcode, QR, RFID, BLE, custodian chain, and verification campaigns. - QR · Barcode · RFID LF/HF/UHF · BLE - Custodian chain of custody (court-defensible) - RFID handheld + fixed-reader campaigns AMS ### Asset Management System Cross-department asset governance — ownership, status, location hierarchy, custom fields, automations, and ISO 55001 alignment. - 5-level location hierarchy (building → room) - 46 RBAC permissions · encrypted custom fields - ISO 55001 aligned · multi-entity APM ### Asset Performance Management Reliability engineering built in — RCM scheduling, P-F curve tracking, condition monitoring, and AI-powered failure prediction. - FMEA · RCM scheduling · P-F curves - Condition monitoring + anomaly detection - AI remaining-useful-life (RUL) engine ITAM ### IT Asset Management Full hardware and software asset lifecycle — device procurement, license compliance, and connector sync with Intune, Jamf, and Microsoft 365. - HAM: devices · peripherals · accessories - SAM: licenses · compliance · CSP tracking - Intune · Jamf · M365 connector sync ## What's inside 12 core capabilities, all included in the Asset Management module. Fixed Asset Register (258 fields) Every field a Big-Four auditor would test — built top-down from the FAR template, not bolted on. Multi-book depreciation engine IFRS, US GAAP, local tax, group and sustainability books — run in parallel, never reconcile manually. Componentisation (IAS 16) Track major components separately so each runs its own useful-life and depreciation curve. Asset lifecycle workflows Transfer · retirement · capitalisation · physical verification — each state change runs on a configurable DoA workflow with a sign-off PDF. Tags · QR · barcode · RFID · BLE Mix CODE128, QR, NFC, RFID LF/HF/UHF, BLE, UWB and GPS in one tenant. Visual Tag Designer + bulk print. Custodian chain of custody Court-defensible audit log of every holder, every date. Mobile push-to-acknowledge handovers. Physical verification campaigns Mobile-led barcode / RFID scan campaigns with AI reconciliation against expected. Insurance & contracts register Policy register, claim filing workflow, vendor contracts, warranty tracking, renewal alerts at 90 / 60 / 30 / 7 days. Impairment-aware NBV (IAS 36) NBV = Cost − AccumDep − Impairment. Recoverable-amount tests and impairment loss / reversal posting. Energy & ESG per asset Per-asset energy, water and carbon footprint with ISO 14064 alignment + GRI 305 / TCFD evidence pack. Geo map + Indoor Map Builder Outdoor + indoor zones with geofence-based unauthorised-movement alerts. BIM / digital-twin linking IFC 4.3 + COBie 2.4 round-trip — Revit · ArchiCAD · Navisworks ready. ## Osolix AI tools for Asset Management 6 Osolix AI agents tuned to this solution. Every suggestion is accept / edit / reject bounded. Smart photo auto-tag Suggests asset category from a photo — 92%+ accuracy on common categories. Smart depreciation suggestion Osolix AI recommends the right method per asset class with audit-citable rationale. AI description writer Generates compliant asset descriptions from a few keywords + photo. Voice-to-asset notes Mobile dictation transcribed + structured into the right field. Smart duplicate detection Catches likely duplicates at intake; merge suggestions surface in a review queue. Photo-to-asset bulk creation Mass photo upload → draft assets pre-filled by Osolix AI. ## Platform foundation Cross-cutting capabilities every Osolix solution shares, tuned here for Asset Management. Osolix AI chat assistantAI Ask Osolix AI anything about your register — "How many laptops are out of warranty?", "What's the NBV of buildings in Riyadh?", "Which assets need verification this quarter?". Native mobile app (iOS + Android) Scan tags, capture handover signatures, audit floors offline. Auto-syncs when back online with conflict resolution. Immutable audit log Append-only, tamper-evident with row hash chain. Every asset edit, transfer, retirement and depreciation run is captured. No-code Workflow Designer No-code DoA chains for transfer, retirement, capitalisation, asset edit. Drag-and-drop builder; conditions; parallel branches; SLA timers. ERP integration packs Push capitalisation, retirement and depreciation journals to SAP S/4HANA · Oracle Fusion · Dynamics 365 · NetSuite · Workday — 9 packs, 46 touchpoints. Reports + Excel / PDF export FAR full roll-forward export with Cost / AccumDep movements, Useful-Life Completed / Remaining, impairment-aware NBV. 30+ pre-built reports + self-serve builder. Premium dashboards 9 role-specific layouts (CFO · CEO · Audit · Operations · Maintenance · Procurement · IT · Custodian) and a drag-and-drop builder. SSO · SCIM · RBAC · multi-tenant OIDC + SAML SSO (Entra · Okta · Google · Ping). SCIM 2.0 user provisioning. Field-level RBAC. Multi-tenant data isolation. ## Pairs well with Solutions that work especially well alongside Asset Management. [ Inventory Management Spare parts · warehouse stock · purchasing · cycle counts Explore ](https://osolix.com/solutions/inventory-management)[ Maintenance Management Work orders · preventive maintenance · parts and labor · reliability Explore ](https://osolix.com/solutions/maintenance-management)[ Lease Management IFRS 16 ROU engine · CPI remeasurement · auditor-ready disclosures · investment property Explore ](https://osolix.com/solutions/lease-management) [Back to all solutions](https://osolix.com/solutions)One of 10 Osolix solutions. ## Add Asset Management to your plan Sold separately. Good $15 · Better $15 · Best $15 per month (yearly saves 21%). 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