Fixed Asset Management Software

iplicit’s software simplifies asset tracking and management, saving time and easing period-end and audit tasks.

Comprehensive Fixed Asset Management Solution

iplicit’s intuitive fixed asset management software eliminates the need for multiple tools or spreadsheets by consolidating all asset tracking in one place. With a quick glance, you can access detailed information about your assets, including related transactions, records, costs, and depreciation. This comprehensive approach not only saves time but also makes period-end and audit processes much smoother and more efficient.

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How SoMax Simplifies Asset Tracking

Create a Fixed Asset Register

Save time by easily importing assets into iplicit from an existing spreadsheet or by creating records directly from purchase invoices, cashbook entries, or journal postings.

Organise Assets in Hierarchies

Quickly find information about who has a specific asset, like a laptop or mobile phone, along with its invoice or warranty. iplicit organises all relevant details and documents, including photos and manuals, in one place.

Record Asset Management Workflows

Respond to internal queries or audit requests more efficiently with iplicit’s workflow features. Instantly view who created an asset record, approved its capitalisation, modified its value, or disposed of it.

Track Asset Movement and Disposal

Streamline the process of selling or writing off assets with iplicit. It updates records, recalculates net book value, and tracks the movement of assets within different parts of your organisation.

Automate Asset Capitalisation and Depreciation

Eliminate the need for spreadsheets by using iplicit to automatically calculate and apply depreciation based on your chosen method, such as straight line or reducing balance, at your preferred frequency.

Manage Asset Information and Documents

Easily group similar assets acquired at different times with different depreciation schedules. iplicit allows you to create parent groups, like "laptops" or "furniture," and organise sub-assets under them.

SoMax Finance can help save your team valuable time

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SoMax Finance can help save your team valuable time

Book a Demo