• Manual maintenance of Fixed Asset Register
• Maintenance of proper records and reporting
• Reporting of physical verification conducted
• Reporting of discrepancies noticed in physical verification
• Higher efforts and possibility of errors

The process of maintenance of Fixed Asset Register is automated by FAMS to ensure total and timely compliance.

• Accuracy in maintenance of assets
• Ease of compliance
• Prompt reporting
• Better tracking of asset movements
• Adherence to all Acts
• Reduction in manhours