ASSETS MANAGER HR SUITE PAYROLL SYSTEM

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1 ASSETS MANAGER HR SUITE PAYROLL SYSTEM

2 Spine Technologies is a premier software development company having over the decade rich experience in the domain sphere of Human Resource, Payroll & Fixed Asset Management. Corporate Head Office located at Island City, Mumbai and branches located at Ahmedabad & Chennai. We are rapidly growing & are matured software development company providing flexible, scalable, user-friendly software solutions to various spectrum of small, medium, and large enterprises.

3 Founded in 2001, Spine Technologies, an Information Technology Company is directed by Mr. Shailesh Khatri & Mr. Nilesh Shah a highly ambitious & skilled software professionals with the aim of providing best quality software and Internet related solutions. We emphasis on high integrity & stringent quality implementation. With consistent track record of having more than satisfied customer base using various of our software & services across INDIA & neighboring countries.

4 Spine HR Suite A complete human resource management software, from hire to retire or relieve. Spine Payroll System A complete salary processing software, from employee joining to Full and Final Settlement. Spine Assets Manager A complete fixed assets management software, from assets acquisition to disposal with depreciation management.

5 Spine Assets is very comprehensive, flexible and user-friendly Fixed Assets Management software to track, manage and comply enterprise Fixed Assets across group companies or each company s locations/units, sub locations, branches, custodians or internal partitions. Depreciation accounting keeping in view the requirements of India Companies Act, Income Tax Act as well as Management Act along with maintaining AMC, Warranty, Insurance and Service of the assets.

6 Fixed Asset Tracking Fixed Asset Management Fixed Asset Compliance TRACKING, MANAGEMENT & COMPLIANCE Spine Assets helps to track assets via Barcode, or Spine Asset interface across units, locations, branches, Cost centers, Custodians or projects efficiently. With Spine Assets manage assets optimally; Assign- Transfer-Retire, Maintain-Service, Warranties-Insurances, Licenses- Documentation. Depreciation accounting is keeping in view the requirements of India Companies Act, Income Tax Act as well as Management Act

7 A complete asset management system helps in effectively Tracking the Fixed Assets in your organization. Asset Tracking is ideal for any Organization looking to streamline their asset inventory processes using barcode and/or RFID technology. SPINE ASSET MANAGER TRACKING Land & Buildings IT Assets Construction Furniture Vehicles Plant & WIP Machinery

8 Users maintain and control end-to-end asset lifecycle for both depreciating and non-depreciating assets, right from creation to depreciation, to revaluation and disposal. Spine Asset supports extensive asset management, including maintenance schedules and insurance, while providing tight accounting integration so that the fixed asset information of the users is always presented accurately on the financial statements. Maintenance Relocation Insurance Disposed SPINE ASSET MANAGEMENT Warranty Write-off Lease Merger-Acquisition

9 Asset Depreciation can be calculated in adherence to multiple compliance such as New Companies Act 2013, Income Tax Act, and Management Act. SPINE ASSET COMPLIENCE Companies Act 2013 Income-Tax Act Management Act

10 Spine Asset Manager intelligently create codes for each Fixed Asset which helps in Physical verification and tagging services of Fixed Assets to organizations across all industries as the first step to implement Enterprise Asset Management. This helps in knowing exactly what assets you currently have, where these assets are located and how these assets are changing over time, and allows a company to keep track of details of each fixed asset, ensuring control and preventing misappropriation of assets. PHYSICAL VERIFICATION & ASSET TAGGING Benefits include: Identify owned assets quickly and easily with visual inspection Track serial or model numbers efficiently with barcode stickers Save time and money in duplication of assets between department. Increased security with regular tracking & monitoring Reduction of theft with visual identification of assets with security labels Monitor asset movement between locations Compliance with insurance or government regulations Track useful life of assets and depreciation schedules Schedule maintenance, service and replacement of owned assets

11 BUDGETING VS. ACTUAL ASSET ACQUISITION Spine Asset Manager helps in Budget Tracking on Year/ Asset Group / Location / Cost Center / Custodian wise. Budget v/s Actual Acquisition & Budget v/s Actual Depreciation in terms of value & quantity as well.

12 Identification of component and their useful life is most important factor for the company as well as identification of asset for which component accounting is applicable is a subject matter of company s practice or policy Where one Fixed Asset comprises of different items of fixed assets which are significant to the total cost of main asset and their useful life is different from the useful life of main asset COMPONENT COST-BREAKUP In view of the silent provision contained in the Companies Act, 2013, the company may depreciate its insignificant component of main asset over the useful life of main asset

13 REQUEST USER Facility to create Request Category & Sub-Category. Comprehensive Work Flow can be mapped with multiple Request Categories. Request User can submit Request / Concern / Queries online related to their issues to ADMIN / IT / ACCOUNTS or Any other matter. Transaction can be review & will be escalated to respective department. Respective Team will respond to request. Detail Transaction Log report can be generated as per selection.

14 Request from Request User Approver Approval Level Creation to manage process management. Work Transfer Module to cover transaction forwarding to alternate approver or revoke responsibility of HOD leaving organization. Request User can view the progress of application status. Transaction management module for better control of pending items. No WORKFLOW Approved? No Yes Admin User Yes Approved? Yes Reject Approved

15 ADVANTAGES Advantages Friendly User Interface Budgeting v/s Actual Acquisition Workflow & Query Request Reminders Time saver Document Management Code Generation & Barcode Integration Forex Fluctuations SPINE ASSETS MANAGER Powerful Report Writer Tool Complete Asset Life-Cycle Compliance Management Import & Export Data Physical Verification Audits Security Checks Asset Split Shift wise Depreciation

16 Recognized by THE CEO Magazine as "Company Of The Year 2016 HR & Payroll Software Recognized by ERP Insights Magazine as "10 Most Promising HR & ERP Solution Providers 2016 Recognized by THE CEO Magazine as "25 Fastest Growing Enterprise Software Companies in India 2016 Recognized by CIO Review Magazine as "Company of the Year-2014 HR & Payroll Software"

17 Spine Technologies (I) Pvt. Ltd , 4th Floor, D definity, Plot No. 364, Jay Prakash Road No. 1, Goregaon (E), Mumbai Maharashtra. India. Mumbai sales@spinetechnologies.com