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What is Smart Assets?

Smart Assets is a sophisticated software application tailored for enterprise-level management and tracking of fixed assets, allowing organizations to effectively oversee their assets. With Smart Assets™, users benefit from specialized modules designed for both tracking assets and managing depreciation. The software streamlines the identification of assets and their components according to specific locations and departments, thus enhancing an organization’s ability to efficiently manage its fixed assets. By enabling users to capture images of each asset, the likelihood of misidentification and incorrect asset replacement is significantly minimized. Moreover, Smart Assets™ includes features to track insurance information and vendor services related to the assets. This versatile system also encompasses tools for managing the scrapping and disposal of assets, complete with an approval workflow to improve management practices. In addition, Smart Assets™ assists in assessing asset performance through the analysis of annual maintenance costs. Users can create depreciation reports over different periods—monthly, quarterly, semi-annually, and annually—while also utilizing forecasting tools for future financial years, which supports strategic decision-making. Overall, this all-encompassing software solution provides a detailed method for asset management, ensuring that organizations not only maintain control but also enhance the value of their fixed assets, ultimately leading to improved operational efficiency and profitability.

What is DepreciationWorks?

DepreciationWorks is an essential tool for various organizations, including businesses, nonprofits, and government agencies, as it adeptly handles depreciation calculations, schedules, financial reporting, and fixed asset management. It can be installed on personal computers and is capable of accessing data files from any folder visible in Windows Explorer, including those on network drives, without necessitating any additional software or server services, thereby improving its overall accessibility. This application provides an audit trail, ensures alignment with accounting records, and acts as a subsidiary ledger dedicated to fixed assets. Furthermore, it includes a calendar feature that enables users to organize asset warranties and maintenance tasks, accommodating recurring events and Gantt chart representations. Users are able to oversee an unlimited number of companies and assets at once, which enhances operational efficiency. The benefits of using DepreciationWorks considerably outweigh the limitations of traditional spreadsheets, and it offers a simplification of processes that surpasses that of Excel® or standalone tax depreciation software, positioning it as a superior option for organizations of all sizes. Additionally, with its extensive capabilities, DepreciationWorks effectively alleviates the complexities tied to asset management, thereby ensuring precision and productivity in financial oversight, ultimately allowing users to focus on strategic decision-making.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$500 per user per month
Free Trial Offered?
Free Version

Pricing Information

$389 one-time payment
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Levantare

Date Founded

1997

Company Location

India

Company Website

www.levantare.co.in/

Company Facts

Organization Name

DepreciationWorks

Company Website

www.depreciationworks.com

Categories and Features

Fixed Asset Management

Asset Budgeting
Asset Lifecycle Management
Audit Trail
Barcoding / RFID
Depreciation Management
Disposal Management
Document Management
Inventory Tracking
Tax Management

Categories and Features

Fixed Asset Management

Asset Budgeting
Asset Lifecycle Management
Audit Trail
Barcoding / RFID
Depreciation Management
Disposal Management
Document Management
Inventory Tracking
Tax Management

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