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What is TRAXX?

TRAXX is a powerful platform that optimizes the entire lifecycle from procurement through to retirement, significantly improving Enterprise Asset Management. It includes a variety of modules tailored for assessing and onboarding vendors, managing the procure-to-pay (p2p) cycle, tracking and assigning fixed assets, as well as overseeing asset audits, depreciation, and e-waste retirement strategies. Our services extend to tagging and verifying fixed assets while also executing detailed asset audits. The procure-to-retire functionalities of TRAXX enable businesses to drastically reduce costs associated with the acquisition and maintenance of fixed assets. By ensuring purchases are made from the best suppliers at favorable rates, it helps in detecting assets that are underutilized and keeping an eye on those that may go missing. Additionally, the platform monitors asset usage and intended purpose. Vendors can be evaluated and seamlessly integrated into the platform, with compliance-related data being efficiently collected and managed. Furthermore, TRAXX facilitates vendor assessments and rewards, fostering a competitive atmosphere in procurement. The complete range of p2p capabilities is offered, which includes everything from initiating purchase requests and holding vendor auctions to placing orders, receiving goods, and processing payments, thus guaranteeing a smooth procurement process. In addition, the platform's all-encompassing features enhance the organization and efficiency of asset management across enterprises, leading to improved operational performance. As a result, organizations can focus on strategic decision-making while TRAXX handles the intricacies of asset management.

What is OpenText Asset Management X?

An IT asset management (ITAM) solution, whether SaaS-based or on-premises, provides a comprehensive approach to overseeing hardware, software, and contracts while minimizing expenses. By implementing a cloud-based or traditional ITAM/SAM solution, organizations can effectively manage their hardware assets and streamline cost control. Through software asset management, you can monitor license numbers and ensure compliance with installed software applications. It is crucial to optimize total cost of ownership (TCO), return on investment (ROI), depreciation, and hardware expenses to maximize the value derived from IT asset investments. To achieve a holistic view of ITAM, integrating data regarding contracts, procurement, assets, vendors, and budgets enables more informed decision-making. Additionally, creating vendor catalogs simplifies the approval of purchase options, facilitates the entry of received assets into inventory, and allows for tracking service tickets linked to those assets. You can also evaluate the anticipated value of each asset over time, allocate costs to respective cost centers, and gain deeper insights into your financial assets, ultimately enhancing your strategic asset management approach. The combination of these practices will lead to a more efficient and cost-effective IT asset management process.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
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

RCS Technologies

Date Founded

1991

Company Location

India

Company Website

www.rcssoft.com

Company Facts

Organization Name

OpenText

Date Founded

1991

Company Location

Canada

Company Website

www.opentext.com/products/asset-management-x

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

IT Asset Management

Asset Tracking
Audit Management
Compliance Management
Configuration Management
Contract/License Management
Cost Tracking
Depreciation Management
IT Service Management
Inventory Management
Maintenance Management
Procurement Management
Requisition Management
Supplier Management

Categories and Features

IT Asset Management

Asset Tracking
Audit Management
Compliance Management
Configuration Management
Contract/License Management
Cost Tracking
Depreciation Management
IT Service Management
Inventory Management
Maintenance Management
Procurement Management
Requisition Management
Supplier Management

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