Fixed Asset Audit

Procurement to retirement platform

EAM - Fixed Assets Audit

Asset audits and reconciliation 

Procurement to Retirement Platform 

p2r is a comprehensive Enterprise Asset Management System. It has modules for evaluating and on-boarding of vendors, p2p - procure to pay, assigning and tracking fixed assets, asset audits, depreciation and asset retirement with e-waste policies.
Our services include tagging and verifying fixed assets and asset audits.
p2r can help an organisation reduce its spend on procuring and maintaining fixed assets substantially. It helps procure assets from the best sources at best prices, identifies unused assets and tracks misplaced or missing assets. It also tracks what the assets are used for and how.


Software Services
SINCE 1999

Our Browser Based products have been providing World Class solutions for Service Management, Asset Management and Tracking and Compliance Management for over two decades. Our customers include many in Fortune 500 like Honeywell, GE, TESCO, EY and Deloitte.

Asset Audits



Online Audits

In this method, online scanners or readers are used. Data of assets audited reaches the server in real time. Our mobile app can also be used here. 


Self Audits

Self audit is a very unique feature in p2r. All asset owners and custodians can participate. These audits are quick with minimum cost.


Offline Audits

Offline scanners are useful where network may not be available in remote locations. In such cases, assets are scanned and the data is uploaded into the server.

Self Audit

Self Audit


Audit Schedule

Auditors can create and audit and schedule it by configuring the start and end dates. Audits can be scheduled for all assets in the organisation or for a specific group of assets. Multiple filters are available to choose the assets to audit.


Inform Owners & Custodians

Once audits are scheduled, all stake-holders are informed through mail. They also can get alerts of ongoing audits when they log-in to the p2r system.


Verify & Accept or Reject

Owners and custodians can simply visit the 'My Assets' and click the audit link. There, they can verify and accept if the asset is available with them or reject. Then can also add additional assets they may find.


Online Audit

In this process of audit, assets are scanned using on-line tag readers. This done by auditors rather than asset owners. On scanning a tag, auditors can view the details of that asset. They can then verify can approve or reject.

Offline Audit


Scan Tags

In this process, offline scanners are used. Auditors can choose a specific location and scan tags in bulk. They can choose a particular asset group. 


Upload Data

Once the asset tags are scanned, the data can be uploaded into p2r to update the PAR (Physical Asset Register)


Reconcile FAR (finance asset register) with PAR (physical asset register)


Matching Assets

On successful completion on an asset audit, PAR (physical asset register) is created. This register is compared with FAR (finance asset register) with UAIDs (unique asset identifiers) and location. Matching assets are marked as PMs (Perfectly Matched Assets).


Missing Assets

Assets that are available in FAR (finance asset register) but not in PAR (physical asset register) are marked as MAs (missing assets).


Assets Found Extra

Assets that appear in PAR (physical asset register) but not in FAR (finance asset register) are marked as EAs (Extra Found Assets).


Misplaced Assets

Assets found both in FAR and PAR but with location mismatch are marked as MPs (misplaced assets).

Side by side Reconciliation

Records of EAs (extra found assets) and MAs (missing assets) can be viewed side by side to match equivalent models. Here the UAID (unique asset identifier) may not match, but may have matching make and model. These MAs are marked as RAs (reconciled assets). Remaining MAs are the final group of missing assets. Status of these assets can be changed in the FAR through an approval workflow. RAs can be regularised through an approval flow to arrive at final FAR.

Mobile Interface

Service Requests using mobile devices.

Service Approvals through mobile.

Responsive screens for approval functions.

Alerts to mobile devices





SAP, Oracle
Bapi, Web Services or Views 


Single Sign-on

Active Directory, LDAP, Google OAUTH


Human Resources

Peoplesoft, XingHR


Network Sniffing

Microsoft - SCCM
IBM - Tivoli


p2r is a Browser Based, User Friendly and Customizable Enterprise Procurement Platform. Advanced web technologies are used for Reliability, Stability and Security.
It can be accessed from anywhere using a browser through Cloud.

Configurable Modules

p2r has configurable modules, when put together, takes care of all processes needed from procurement to retirement of assets. If the customer chooses to use a different application for a specific function, that application can be seamlessly integrated with p2r platform using APIs or other standard protocols.

Knowledge Base

KNOWLEDGE BASE is a collation of data about the different aspects of a process. It can also contain details of assets and their technical guides and manuals. These can be uploaded into p2r and can be made available for users.


DASHBOARD provides a visual representation of aspects like completed requests, pending POs, assets owned by cost centers, audit progress etc. These DashBoards help in visualising process flows, asset movements and distribution.

Compliance Audits

Perform audit on health and availability of assets.

Audit vendor performances.

SOX, STPI and SEZ audits.

Gap analysis and RCA.


Alert Engine

Our alert engine, keeps every stakeholder alerted on all tasks awaiting their action. Alert engine can be configured as service scheduler to efficiently and easily manage repetitive process requirements.
Multiple alerts can be scheduled to different stakeholders.
Alert engine can trigger to send details of overdue deliverables from vendors. It can alert service staff prior to expected goods delivery making them prepared for installations. 
Compliance tasks and audits that happen in pre-defined intervals can be configured to trigger alerts to stake-holders about approaching tasks.
Service Management 
Periodic maintenance schedules can be configured to trigger alerts to service team about approaching service requirements.

Get In Touch With Us


p2r is a product of RCS Tech llp. RCS is a technology company that provides software services through customisable products to meet various needs of many fortune 500 companies. Some of world's largest engineering companies and banks use the services of RCS.
Started in 1999 with headquarters in Bangalore, India, RCS serves many customers in the Americas, Europe, and the Middle East. Team RCS employs of over 450 engineers with expertise in the areas of Service management, Fixed assets accounting and Compliance management.

For product and services related information:
India: +91 9980 633323
London: +44 7377110541
Berlin: +33 6 17 85 67 10
Toronto: +141 64366429 

For HR related queries:
+ 91 96320 00377

Corporate Office:
RCS Tech Park,
38, Lake Road, Doddakanelli
Bangalore, India, 560035

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