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Verification, Tagging & Reconciliation (VTR)

Audit and Tag Assets, Check Asset Health and Create Audit Reports

Asset Audit

Assets In Use or In Stock

Asset Tagging (Barcode or RFID)

Physical Asset Register Creation

Segregation of Purchase Types (Outright, Leasehold, Vendor Provided)

VTR Service

Reconciliation with Finance Records

Asset Health Assessment (Excellent, Good, Average, Damaged)

Segregation of Tag-able and Non-Tag-able Assets

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Stake Holding

Asset Managers

Responsible for policy adherence and management of various asset types

Finance

In charge of checking the Fixed Assets Register and Reconciliation Reports

Location Heads

Facilitate physical verification and tagging processes, and provide access to assets

Employees

Responsible for confirming the assets assigned to them

p2r Command Center

Configuration

Customize VTR engine for target sheet fields and asset details, including ID, serial number, description, make, model, & location. Map assets using customizable primary field.

Asset Executive Model

Allocate AEs to segregate FAR data by branch / location. Optimize number of AEs required based on AE capabilities for efficient completion of given site/location.

Location-wise FAR vs. PAR in Real Time

Server Synchronization

AEs sync for daily reporting and reconciliation. Dashboard aids prompt

action by project managers. RCS manager and client SPOC address issues at specific sites/locations.

Planning

Utilize planning module to optimize asset verification. Setting start/end dates and location preferences optimizes number of AEs required for efficient completion of site/location.

Physical Asset Register

Location-wise physical asset details

Command Center

Location-wise job progress and target vs. completion report

AE Module

Asset data capture through Astop login

Discrepancy

Live discrepancy between FAR and PAR

Finalization

Matching found assets with missed assets

Reconciliation

Matched, missing, and misplaced assets

Online dashboard accessible to clients, project managers, and team leads

Project Manager monitors location-wise job progress in real-time for informed decision-making

Daily reconciliation status shows assets found, missing assets, and extra found assets

Daily comparison of target vs actual task completion

Unfound asset report available after data synchronization between PAR and FAR

Online Dashboard

Job Progress

Reconciliation Status

Target vs. Completion

Unfound Assets Data

Clearance To Go

Collaborating teams approve the completion of physical activities before proceeding to next location

Deliverables

EAM Policies

Easily configure EAM policies, assign stakeholders and agents, and set up SLAs for each policy, ensuring the system is tailored to your organization's needs.

Capacity Planning

Effortlessly manage asset requirements by integrating with the HR system to anticipate staffing changes and align asset allocation accordingly.

Procurement

Efficiently evaluate vendors through periodic audits, assessing their product offerings, prices, quality, and commitments to ensure compliance with statutory requirements.

Asset Receipt

Streamline asset receipt from vendors by conducting quality checks, creating asset tags, and efficiently tracking assets for proper identification.

Smooth Asset Allocation

Ensure a smooth asset allocation process by easily coordinating with stakeholders and approvers, while adhering to SLAs for efficient asset distribution.

Timely Asset Movement

Effectively monitor asset movements, raise requests, and collaborate with logistics and approvers to ensure prompt actions within SLAs.

Inventory Management

Effortlessly handle asset returns, track project schedules, and maintain accurate inventory records. Generate comprehensive reports for effective management oversight.

Periodic Asset Audits

Conduct regular asset audits, verifying asset condition, location, and ownership. Reconcile asset data with the finance asset register to identify missed and misplaced assets.

Management Reports

Effortlessly generate periodic reports on asset procurement, allocation, movement, asset health, and inventory, providing valuable insights to management on a scheduled basis.

Asset Disposal

Monitor and manage asset retirements in compliance with EAM policies. Ensure proper disposal of assets, including adherence to statutory requirements for e-waste management.

p2r -
Streamlined Procurement at Your Fingertips

p2r is a user-friendly and highly customizable browser-based enterprise procurement platform. Leveraging advanced web technologies, p2r ensures reliability, stability, and security.

 

Accessible from anywhere through a browser and the cloud, p2r simplifies and enhances the procurement process for organizations.

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Submit
service requests

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Receive
alerts instantly

Mobile-Friendly Interface

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Conveniently
approve services

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User-friendly approvals

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