Asset Management made Easy
Purple Asset Management is a simple and independent App to manage the assets and products owned by an organization. It helps to capture, organize, and analyze Asset related information without any complications. Movements of Assets between different locations are captured separately, which helps to track the entire history of an asset during its life cycle. Instead of removing an asset from the system and erasing its past, the deprecated assets are moved into a virtual location named “Scrap” so that the record and its history will be available in the system forever.
The Asset form captures purchase and warranty-related information. During the creation of an asset, the current location of the asset will be set, which cannot be changed directly after the creation. Critical information changes like purchase price, purchase date, etc. will be logged as notes along with the asset record.
For organizations with multiple branches, the locations can be those branches. Locations can also be physically separated places in the same organization. Locations also keep the history of the asset moves happening within each location.
Assets are moved from one location to another using the Asset move option. The list view of the asset move allows analysis of the moves on the basis of Asset and Location.
Asset Scraping is done with the help of a button in the asset form, which automatically moves the asset from its present location to the scrap location. A scrap location is a virtual location configured in the system. There can be only one scrap location. Purple Asset Management ‘Group By’ feature allows users to have a quick review of the assets based on their location, category, etc.