Procurement to Retirement Platform

Enterprise Asset Tracking

Asset in-warding, Inter & Intra unit movements, Repairs and asset disposals

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.

Mobirise

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.

Enterprise 
Asset Tracking

Tracking fixed assets is an important concern of every company, regardless of size. Fixed assets are defined as any ‘permanent’ object that a business uses internally including but not limited to computers, tools, software, or office equipment. While employees may utilize a specific tool or tools, the asset ultimately belongs to the company and must be returned. And therefore without an accurate method of keeping track of these assets it would be very easy for a company to lose control of them.
Traxx has functions suggested by some of the best fixed asset managers serving for companies like  Honeywell, E&Y, GE and ANZ. Tracking over a million assets, it is the highly perfected Fixed Asset Management Solution available.

01

In-warding of Assets

p2r can track delivery terms and accept goods and services under strict quality control. It can track delivery in multiple lots against a single purchase order. p2r also can track deliveries taken in multiple locations.

02

Asset Request

Every employee in an organisation who has access to p2r can request assets that are required for functioning efficiently. These requests pass through an approval process. Different approval hierarchies can be configured for different groups depending on the type of asset, cost etc.

03

Asset Allocation

On successful approval of asset requests, assets can be allocated to employees on different categories. Asset ownership and custodianship are the two categories that are generally used. As the names explain, the responsibility of the asset owner towards the asset is different from that of a custodian. Responsibilities can be defined in the organisation's asset maintenance policy.

04

Internal (Intra Unit) Transfer

Internal transfers are movements of assets that happen within a building or campus. As the goods do not move outside the location, statutory compliance processes need not be applied here. They have minimum levels of approval in the movement authorisation workflow which is based on the organisation's asset movement policy.

05

External (Inter Unit) Transfer

External transfers require involves assets being moved from one location to another. They have to be updated in the finance registers for compliance, They the to adhere to asset transfer policies with careful checks and packaging. p2r has a multi level approval work flow which ensures all steps in the organisation's asset movement policy are followed. The system will also generate and store documents required for statutory and organisational compliance.

06

External Repairs

There can be requirements where an asset needs to be moved to locations outside the organisation. p2r can be configured to ensure all pre-requisites based on the organisation's returnable asset movement policy are adhered to. It can also intimate the stake-holders if the asset does not return within the time set for a specific movement.

07

Compliance Documents

Goods inward or outward notes are created either electronically or physically after all levels of approvals are successful. These documents are checked at entry and exit points whenever an assets are taken in or sent out. These documents are saved electronically for audit compliance.

08

Assets on Transit

Every category of asset movement has a preset transit time. Reports are available to list all assets are on transit. The system also will intimate stake-holders if an asset continues to be in transit beyond the preset time. This reduces the possibility of loosing assets during transit.

Asset Disposal

p2r system has a complete workflow for streamlining the disposal processes. Different asset groups can be configured to be disposed in different ways based on statutory compliance requirements or company policies. For example, electronic items can configured to be disposed to follow e-waste guidelines.
E-Auction facility is available to ensure maximum income out of sale of used items. Sale values can be moved to finance records to book profit or loss against depreciated book value of the assets. 

Benefits of p2r EAM

01

Evolution

Evolution is the best way to perfection.
p2r EAM is the one of time-tested Asset
Management Systems with its first installation in 1999. This product is an evolution of over ten thousand man hours with feedbacks from some of the best asset managers serving for companies such as Bank of America, Honeywell, E&Y, GE and ANZ. With over 400 installations today, it is a highly perfected
Asset Management Solution.  

02

Technology

Latest browser based technologies, database optimisations and middle- ware tunings have made Traxx a highly efficient multiuser solution. Our team is consistently working on user friendliness and implementing look and feel changes making it a pleasant experience for Traxx users. Our Education and Training team spent hours in developing and delivering courses to help our users understand all the features of Traxx in limited time. Utilising state-of-the-art handheld technology to capture quality asset inventory data and creating a vehicle for more efficient cycle inventory by tagging all assets with a barcode or RFID label.

03

Compliance

With corporate governance regulations including Sarbanes-Oxley (SOX) now demanding ever increasing levels of accountability from finance department, it has never been more important to have a fixed asset solution that can assist companies in meeting these regulations. p2r EAM is a specialised Asset Management System which provides a long term solution to Sarbanes- Oxley compliance issues relating to fixed assets. Providing users with a system that can control and track changes to an asset throughout its life-cycle from the moment it is entered into the system. p2r EAM assists financial professionals in complying with the Sarbanes-Oxley act, eliminating the use of spreadsheets altogether.  

04

Employee Efficiency

Employees require necessary tools to perform optimally. Assets delivered late to an employee reduces his productivity by the time delayed. p2r FAM helps in quick turnaround of asset requests.
p2r FAM help organisations device efficient movement policies with SLAs and track them to ensure continuous improvement.

05

Finance Asset Register

True representation of fixed assets and their value in the finance registers of an organisation is an important statutory requirement.
p2r FAM controls asset movement processes. It relates every asset with its location and user. Assets are not under use are moved to stores. Retirement of assets are tracked and recorded.
p2r FAM ensures maximum accuracy between assets available in the finance resisters and those available physically in an organisation. This ensures 'true representation of assets in the balance sheet'.

06

Cost Savings

The best way to cut costs is to stop spending money that you don’t need to. Here are some of the ways in which you may be spending money unnecessarily:
• Buying things you don’t need because you already have them
• Paying insurance premiums on non- existent items
• ‘Losing’ equipment because of lax security
• Paying maintenance and licensing charges on software which is no longer installed
• Paying lease penalties because leased equipment is not properly controlled
Independent research has estimated that many companies are overspending by at least 20% because of under-utilisation, inefficient maintenance and petty theft of their assets. Asset management is the key to expenditure control.

WEB BASED

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.

Mobile Interface

Service Requests using mobile devices.

Service Approvals through mobile.

Responsive screens for approval functions.

Alerts to mobile devices

Mobirise

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.
Procurement
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. 
Tracking
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.

Mobirise

Integrations

Mobirise

ERP

SAP, Oracle
Bapi, Web Services or Views 

Mobirise

Single Sign-on

Active Directory, LDAP, Google OAUTH

Mobirise

Human Resources

Peoplesoft, XingHR

Mobirise

Network Sniffing

Microsoft - SCCM
IBM - Tivoli
ManageEngine

Compliance Audits

Perform audit on health and availability of assets.

Audit vendor performances.

SOX, STPI and SEZ audits.

Gap analysis and RCA.

Mobirise
Get In Touch With Us

p2r

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:
info@rcssoft.com
India: +91 9980 633323
London: +44 7377110541
Berlin: +33 6 17 85 67 10
Toronto: +141 64366429 

For HR related queries:
hr@rcssoft.com
+ 91 96320 00377


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

© Copyright 2021 RCS Tech LLP - All Rights Reserved